Proposed UK Budget Includes 12 Percent Tuition Increase
Posted on: Tuesday, 13 June 2006, 12:00 CDT
By The Lexington Herald-Leader, Ky.
Jun. 13--A $1.8 billion budget that relies on student tuition increases is expected to win approval this afternoon from the University of Kentucky Board of Trustees.
The board is to meet at 1 p.m. today in the Patterson Office Tower on campus.
The new spending plan includes a 12 percent increase in tuition.
The budget would provide 3.5 percent faculty and staff salary increases based on performance. A 1.5 percent "catch-up" raise for faculty, probably based on merit, also would be available after Jan. 1.
About $750 million in the spending plan will go to capital projects.
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Copyright (c) 2006, The Lexington Herald-Leader, Ky.
Distributed by Knight Ridder/Tribune Business News.
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Source: Lexington Herald-Leader (Lexington, Ky.)
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