Saturday, November 17, 2012

University of Kentucky president says budget cuts will be less severe - Linda B. Blackford, Herald-Leader

University of Kentucky President Eli Capilouto announced Monday that he would ease the pain of predicted budget cuts, thanks to $12 million more in tuition revenue. At a campus forum that was largely more positive than previous ones, Capilouto said his decisions were influenced by faculty and staff who have repeatedly — and sometimes angrily — questioned his decisions on across-the-board budget cuts. "I invited this robust discussion," Capilouto said. "It was not a hollow gesture. ... For me, navigating these times requires engagement of our constituents." Capilouto said tuition revenue was $12 million more than expected, thanks to a freshman class of 4,600 that included a higher percentage of out-of-state students who pay almost double the rate of in-state students. During the 2012-13 fiscal year, budgets for administrative units were cut by 5 percent and academic units by 3.3 percent. In addition, 140 employees were laid off. http://www.kentucky.com/2012/11/05/2396918/university-of-kentucky-president.html