Tuesday, November 23, 2021

CPE report on Kentucky State University cites poor fiscal management, low cash reserves, big deficits - Northern Kentucky Tribune

A report by the Council on Postsecondary Education (CPE) assessing the current financial status of Kentucky State University (KSU) paints a grim picture of the management of the institution’s finances that resulted in a terrific reduction in cash on hand and operating deficits of $35 million over the years 2016-2020. The report by CPE highlights poor financial management by university leadership in recent years that resulted in significant operating deficits.

https://www.nkytribune.com/2021/11/cpe-report-on-kentucky-state-university-cites-poor-fiscal-management-low-cash-reserves-big-deficits/