University braces for governor’s budget cuts - Shelby Brown, Louisville Cardinal

The University of Louisville’s budget is under the ax again after Governor Matt Bevin announced Dec. 28 Kentucky is facing a projected $156 million dollar shortfall in 2018. U of L will take a one percent cut, just over one million dollars, as post-secondary institutions across the state lose $11 million collectively. “Since it’s a mid-year cut, its effect will be even more severe,” Interim President Greg Postel said. University spokesperson, John Karman said mid-year cuts are severe because they are taken against the current year’s budget, which has only six months remaining. “The cut cannot be spread over a full year,” Karman said. http://www.louisvillecardinal.com/2017/12/university-braces-for-governors-budget-cuts/