More Questions Than Answers for WKU in Gov. Bevin's Budget Proposal
In an e-mail to faculty and staff late Wednesday afternoon, WKU President Gary Ransdell said Governor Matt Bevin's proposed budget cuts to higher education present a substantial challenge to the university.
Bevin's proposal calls for a 4.5 percent budget cut this fiscal year. That translates to $3.3 million out of WKU's budget by the end of June. Nine percent reductions would go into effect after that.
"There are many details of this plan that are yet to be understood, and with regard to performance funding, those details have yet to be defined," Ransdell said in his message. "So we are a long way from fully knowing how WKU will be impacted by these proposals. I am confident, however, that WKU will fare well in any measure that is outcome or performance based.
Ransdell says the budget contains at least one bright spot for WKU. Gov. Bevin's budget proposal contains an equity funding appropriation for both WKU and Northern Kentucky University. Ransdell says the appropriation would held "level the playing field for our students who are paying a disproportionate share of their education in comparison to students at other Kentucky universities."
If that part of the Governor's budget passes, it would add $2.6 million to WKU's state allocation in fiscal year 2017, and another $2.6 million in fiscal year 2018.
Bevin's proposal contains no state bonding or agency bonding authority for university capital projects.