xt76m902276h https://exploreuk.uky.edu/dipstest/xt76m902276h/data/mets.xml The Kentucky Kernel Kentucky -- Lexington The Kentucky Kernel 1987-06-25 Earlier Titles: Idea of University of Kentucky, The State College Cadet newspapers  English   Contact the Special Collections Research Center for information regarding rights and use of this collection. The Kentucky Kernel  The Kentucky Kernel, June 25, 1987 text The Kentucky Kernel, June 25, 1987 1987 1987-06-25 2020 true xt76m902276h section xt76m902276h  

 

I

 

Sports

Van Horn heads for boxing’s
top 10. Page 2.

 

 

Diversions

White Animals call it quits, will play last gig
at Breedings on July 1 . Page 5.

 

 

Vol, XCl, NO. 3

University of Kentucky, Lexington, Kentucky

independent since 1971

Thursday. June 25. 1987

Trustees OK $551.8 million ‘continuation’ budget

Singletary sees no forward movement,

further losses in faculty salary position

By BRAD COOPER
Editor~in~Chief

The Board of Trustees approved a
$551.8 million operating budget that
President Otis A. Singletary said
was “painful” to present at his last
board meeting.

After a legislative session that al»
located money to the University for
a supercomputer and a robotics cen~
ter, this year's budget does not
equal that promise. he said.

“When we adopted the operating
budget last year. we were on a good
high ~ we were positive about
things,“ he said. “That position has
deteriorated rapidly since then. “

During fiscal year 1987, the Uni- it would have to place 1 percent of

verSity was forced unexepectedly tt
cut $5.5 million from its budget be
cause of an 89 million shortfall ir
the state‘s revenue.

0f the $5.5 million in cuts, $4.5
million came from program support
and $1 million came from the Uni-
versity‘s debt service.

The University anticipated the
state's projected shortfall of $130
million for next fiscal year by set-
ting aside a reserve fund of $4.5 mil-
lion.

On May as, the administration was
notified that the University would in
fact face a recurring cut of $4.9 mil-
lion.

.Simultaneously. the state told UK

UK officials purchase
insurance for employees

Hy BRAD (‘00P ER
Editor