Eli Capilouto

Our Budget and How We Plan for the Future

Published: Feb 6, 2014

 

Colleagues and Students,

 

The two-year budget for the state recently proposed by the Governor underscored two important and sometimes difficult to reconcile facts:

  • The Commonwealth of Kentucky remains a critical partner in helping fund our missions of education, research, health care and service. It reflects the state's investment in us and in its future.
  • But, increasingly, that partnership -- while indispensable -- is not enough to meet the state's goals for us and our ambitions. We have to find more ways to control and fund our future.

For example, the proposed budget would allow UK to proceed with more than $465 million in campus construction, funded by a combination of state dollars and philanthropy, patient revenues, internal resources, and other revenue we generate ourselves. It would include classrooms, research, and health care facilities along with student space so critical to our success.
 

And, yet, the budget proposes another 2.5 percent operating cut -- $7.1 million on top of $50 million in reductions since 2008. If enacted, our funding from the state would be about $277 million annually -- the lowest level of funding since FY1999-2000. Those dollars -- along with tuition from students and families -- are how we fund salaries, teaching and much of the programming that supports students and service efforts across Kentucky, such as Extension.
 

What do those facts mean for us today? Two things:
 

First, the legislative process is a long one. The governor's proposed budget is an important step, but the first one in a long process. Between now and April 15, two houses of the legislature will consider the budget and make changes. We will be there every day to make our case that investment UK is vital to Kentucky's future.
 

Second, we have to remain focused on how UK charts its course for the future. Right now, hundreds of faculty, staff and students are working on the development of a new six-year strategic plan and the implementation of a new university financial model. The strategic plan -- "see tomorrow. The University of Kentucky Strategic Plan" - will outline what we want to accomplish for the Commonwealth over the next six years:

  • What goals do we have for students at all levels -- undergraduates, graduate and doctoral students?
  • What are our research, health care and service missions in the 21st century? What new frontiers or disciplines, working in collaboration with one another, allow us to address the fundamental issues and problems that confront our state?
  • And how do we create a work environment and infrastructure that enable that work to occur and thrive?

At the same time, a new financial model will examine how we can fund our work and our aspirations. Right now, most decisions about university funding and resources are made centrally. And the flow of those dollars is not transparent enough.
 

The new financial model's goal is to make our budget process clearer and more collaborative.

The idea is that aligning resources with where they are actually generated will create more ownership, partnership and creativity. And, potentially, more resources are generated to do that work as we unleash the creativity of faculty and staff.
 

We continue to have great promise. UK's advances in discovery, our commitment to service and health care, and the role we play in educating our state's most gifted students are inextricably tied to the future of our Commonwealth.
 

But we also have no choice. Our partners at the state will continue to play an undeniably important role. Yet, we must take on a greater responsibility in guiding and funding our future.


We must determine what path we take. To that end, we will be communicating with you continually about these important processes and asking for your involvement and feedback.

Thanks for what you are doing to make the promise of our university real for those we educate and serve.

 

Eli Capilouto                         Christine Riordan                                  Eric N. Monday

President                               Provost                                                  EVPFA

 

 

 

If you are a supervisor, please communicate this information to all of your staff, especially those without computer access.

August
 
 
 
 
 
1
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Fri
2
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Sat
3
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Artful Sunday: Wrapped Art
Sun
4
Employee Educational Assistance Award
Mon
5
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Tue
6
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Get Moving - A Walking Group for Caregivers
Wed
7
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Thu
8
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Fri
9
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Sat
10
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Sun
11
Employee Educational Assistance Award
Mon
12
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
UK Working Moms Connection
Tue
13
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Wed
14
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Thu
15
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Fri
16
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Sat
17
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Sun
18
Employee Educational Assistance Award
Mon
19
Employee Educational Assistance Award
Tue
20
Employee Educational Assistance Award
Chronic Disease Self-Management Program
Wed
21
Employee Educational Assistance Award
Thu
22
Employee Educational Assistance Award
Midnight Dodgeball Tournament
CARES First Year Focus Parent Meetings
CARES First Year Focus Parent Meetings
Parent and Families Reception
Residence Hall Floor Meeting
Off-campus Freshmen Check-in
K Team Meeting: K Week Kick-off
Death By Chocolate
Fri
23
Employee Educational Assistance Award
A Parent's Guide to Life after August 23
Campus Safety Information Session
Donut Avoid The Study
Common Cents: Money Management for College Students Session 1
See Blue...See Community
Succeeding in A Large Lecture Classroom
Horses, Bluegrass, Basketball, and More: Welcome to Kentucky
Success at Any Age: College Tips for Adult Learners
Write Right: Tips for Writing Well in College
Common Cents: Money Management for College Students Session 2
How to Graduate in Four Years
Parental Involvement in Fraternity and Sorority Life
Parents Watch for Warning Signs: Suicide Prevention for College Students
Preparing to be a Pre-Professional
Presentation U!: Where YOU are the Ultimate Presentation
Religious Life at UK
Successful Off-Campus Living
The Transfer Student Cruise: Navigating your way through UK
UK Parking & Transportation 101
You Heard It Here First: Tips From A Faculty Member
New Student Induction Ceremony
Minority Student Welcome
Transfer Student Cookout
K Team Meeting: K Week Overview
Men's Soccer vs. Georgia State
Big Blue U
Campus Ruckus
Campus Ruckus
Sat
24
Employee Educational Assistance Award
LNFS Presents: Jackass 3
LNFS Presents: Godzilla
Pedalpalooza
K Team Meeting: Lunch and Campus Tour
Center for Community Outreach: Do Good, Start Here.
UK Lex-Mart
Alternative Service Breaks: See the World, Change the World
From the Real World to the Amazing Race, Don't Wipeout: Your Advisor, Advising, and You
Blackboard Basics
Student Government Association Information Session
EMPOWER: Women’s Leadership Retreat Interest Session
Student Center Spectacular
Student Center Spectacular
Sun
25
Employee Educational Assistance Award
UK FUSION
UK Parking & Transportation 101
University of Kentucky Association for Transfer Students Interest Session
Candy, Condoms, Coffee
Cleaner, Healthier, Cheaper, Faster: Why Bicycling is the Best Way to Get Around Campus (and how to do it safely)
Working on Campus
K Team Meeting: Dinner with your K Team
Meijer Mania
Mon
26
Employee Educational Assistance Award
Last Day to Drop a Course with 100% Refund
Chem at UK Cafe-N-OJ with the Student American Chemical Society
Coffee (or Coke), Cookies, & Communication!: Come see blue. at Presentation U!
Don't Blow Yourself Up: Surviving Chemistry
Fraternity Recruitment Info Session
OMG! Did I Just E-Mail That to My Professor???
Surviving Your First Year and Beyond: Strategies To Do Well in Your Classes
Sustainable UK: Exploring Environmental Programs in the College of Agriculture, Food, and Environment (CAFE)
A User Guide for Your Mathematics Class
Discover the UK Art Museum
K Team Meeting: Common Reading Experience Discussion
Common Reading Introduction for International Students
Transfer Student Meet and Greet
We Are UK
Rec 'N Roll 2014
Big Blue Bingo Night
Mic Check
Tue
27
Employee Educational Assistance Award
Fraternity Recruitment Info Session
LNFS Presents: Jurassic Park
First Day of Classes
Open House - Special Collections Research Center
King Cookout
Campus Outreach
Opening Act: The Amazing Spider-Man 2
Wed
28
Employee Educational Assistance Award
Internship Info Session
LNFS Presents: Her
LNFS Presents: Captain America: The Winter Soldier
Student Involvement Fair
OrgSync Info session
LGBTQ* Welcome Back
Dive Into Diversity!
CATalyst's Dive Into Diversity Session
Residence Hall Floor Meetings
Thu
29
Employee Educational Assistance Award
Sea of Blue
One Last Beach Bash: RSA Block Party
LNFS Presents: Team America: World Police
Pills and Pizza
K Week Event: Pills and Pizza
Kentucky Volleyball vs. Wichita State
Kentucky Women's Soccer vs. Francis Marion
Fri
30
Employee Educational Assistance Award
LNFS Presents: Neighbors
The Tailgate "Kick-Off"
Kentucky Volleyball vs. Butler
Kentucky Football vs. UT-Martin
Kentucky Volleyball vs. Virginia Tech
Sat
31
Employee Educational Assistance Award
Kentucky Women's Soccer vs. Ohio
Men's Soccer vs. Belmont
Sun
 
 
 
 
 
 
Aug 29
Sea of Blue 08/29/2014

Sat, 08/30/2014

Reset Page