UK PRESIDENT ELI CAPILUTO RELEASES STATEMENT ON STATE BUDGET BILL - Morgan Henry, WTVQ

University of Kentucky’s President, Eli Capiluto has released a statement regarding the state budget bill that was passed Monday evening. On Monday evening, the General Assembly passed a Biennial Budget that now goes to the Governor for his review. For the 2018-19 fiscal year, the state budget includes a reduction of $16 million in our base appropriation but does provide a performance funding pool of $31 million for postsecondary education institutions. We likely will receive between $8 million to $10 million from this pool, which will yield a net reduction in our base appropriation of approximately three percent. https://www.wtvq.com/2018/04/02/uk-president-eli-capiluto-releases-statement-state-budget-bill/