WKU Departments feel impact from carry forward fund cuts - Rebekah Alvey, Emily DeLetter, College Heights Herald

Last week, different departments across campus received information on how much of their carry forward funds would be returned or reallocated. During the spring 2017 semester, former President Gary Ransdell changed the university policy on carry forward funds. The former policy allowed departments and revenue dependent organizations to retain their unspent money from a fiscal year and save it for later. The new policy, however, allows a portion or all of the unspent funds to be claimed by WKU to cover the university budget shortfall. After the budget is balanced, funds could be reallocated to the departments. In the 2017-18 Operating Budget, carry forward funds were estimated to make up 7.2 percent of the budget, which comes to $29.8 million.- http://wkuherald.com/news/departments-feel-impact-from-carry-forward-fund-cuts/article_f5feabd6-1a44-5a92-89db-2440dcec9686.html