"University of Kentucky president Eli Capilouto thanked legislators in a statement, adding that "while some state funds originally anticipated for capital projects, including a planned research building, were removed from the final budget, the legislature provided increased flexibility through agency bonds for several projects including the Fine Arts District.""
"The Republican-controlled Legislature had earlier passed budget legislation, House Bill 500, which would have reduced general funds for universities and for the Kentucky Community and Technical College System by about 2 percent next fiscal year and 3.7 percent the year after that."
The Kentucky General Assembly reversed significant budget cuts to public higher education, initially proposed in House Bill 500. The Republican-controlled Legislature had aimed to reduce funding for universities and the Kentucky Community and Technical College System by 2 percent and 3.7 percent in the following years. However, the final budget passed restored most of the funding after overriding some vetoes from Governor Andy Beshear. University of Kentucky president Eli Capilouto expressed gratitude for the increased flexibility provided for various projects despite some capital funds being removed.
Read at Inside Higher Ed | Higher Education News, Events and Jobs
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