Posted: Oct 5, 2012 10:18 PM
LEXINGTON. (AP) - The University of Kentucky Senate Council says UK President Eli Capilouto has created a budget crisis.
The Lexington Herald-Leader (http://bit.ly/Sw2nJz ) reported the faculty group sent a memo to Capilouto on Thursday in which members said they recognized dwindling state financial support was part of a cutback, but said the current budget crisis is largely due to presidential priorities that include more than $50 million in new spending.
Those initiatives include $15 million in a new debt service fund to aid with construction projects, more scholarships, a pool for 5 percent merit raises and other strategic investments.
"He talks about how important undergraduate education is, but on the other hand, we're facing very large cuts, some of which are not due to the state budget, but are due to decisions that he made," said chemistry professor Bob Grossman, who is vice chairman of the Senate Council.
UK officials announced in June that about 140 people would lose their jobs in the university's first layoffs in recent memory. Another 164 vacant positions have gone unfilled.
University officials say another round of budget cuts must be decided before January.
The cuts so far have amounted to about 1 percent of UK's 14,000 employees.
Capilouto said on Thursday that he welcomes "constructive feedback," and noted that he set his priorities after consulting with the Board of Trustees and by conducting a listening tour around the UK community.
"This is part of the process we're going through to make informed and better decisions," he said. "We are engaging our community to fully understand the issues they face."
Information from: Lexington Herald-Leader, http://www.kentucky.com
(Copyright 2012 The Associated Press. All rights reserved.)