UK Trustees Approve Budget

by Rick Howlett on June 9, 2009

From Alan Lytle, Kentucky Public Radio/WUKY, Lexington

The University of Kentucky Board of Trustees has approved a new budget Tuesday that raises tuition by five percent and includes cuts to offset a nine-point-four million dollar shortfall.

UK Vice-President Angela Martin says the school is also eliminating 40 vacant staff jobs and 12 more that are filled.”

“We (also) have changed the fund source for 22 staff positions; they were on undesignated general funds, they’re now on income support…. We have also eliminated twenty-nine vacant faculty positions,” Martin said.

Martin says other cost-cutting moves include reductions in travel, operations and research support. The rest of the deficit will be made up by shifting funds to future budgets.

Meanwhile, U of L trustees will meet Thursday to consider a new budget.

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