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U of L loses, gains with proposed Bevin budget

Related Topics: Budget, Fiscal year

By Olivia Krauth–

Governor Matt Bevin’s proposed budget immediately hits U of L, slicing $6.3 million from this year’s budget using executive order.

If passed as is, Bevin’s budget will also cut $12.6 million for the next fiscal year.

Tuesday night, Bevin presented his budget for fiscal years 2017 and 2018. If passed, the budget would apply a nine percent funding cut to most state programs, including higher education. Those programs will also see a 4.5 percent cut immediately with an executive order.

“We’ve got to get our financial foundation solid. We just do.