Kentucky State University board approves budget plan to begin trimming $7 million deficit - GREG KOCHER, Herald Leader

The Kentucky State University Board of Regents voted Friday to approve a "budget reduction and reorganization plan" that will begin to trim a $7 million deficit in the institution's operating budget. The plan, presented by President Raymond Burse, curtails spending by nearly $950,000 in the current fiscal year and by $2.1 million in the next fiscal year. The university's current budget is $53 million, excluding $19 million in federal grants. The reduction plan is necessary because enrollment has dropped to 1,869 students; in the fall of 2013, the university reported 2,533 students. http://www.kentucky.com/2014/11/07/3526374/kentucky-state-university-board.html