Monday, March 14, 2016

KU chancellor: $7.2 million cut to university’s budget ‘not entirely unexpected’ but will be difficult to manage - Peter Hancock & Sara Shepherd, LJ World

Tuesday’s multimillion-dollar cuts to higher education funding by the Kansas Legislature were “not entirely unexpected” but will be difficult to manage, Kansas University Chancellor Bernadette Gray-Little said Wednesday. “Many of our unit heads and budget managers have been making prudent decisions over the past year in view of a possible reduction,” she said in a statement. “But even so, a $7.18 million cut presents significant challenges and will require difficult decisions moving forward.” The cuts mean a reduction of $3.95 million for KU’s Lawrence campus and $3.23 million for KU Medical Center for the current fiscal year, which ends June 30, Gray-Little said. It’s not yet clear how KU will recoup that money.

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