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.

April
 
 
 
1
LNFS Presents: Inherent Vice
Wildcat Wellness: Meditation
Successful Networking & Job Search
Tanya Habjouqa: Recent Photographs
Edward Troye: Theme & Variation
Same Difference: Michelle Grabner, Simone Leigh & Russell Maltz
Lexington Tattoo Project
Brazilian Conversation Hour
The Arboretum presents a Party for the Planet! Celebrate Kentucky's Past
Mr. PharmD Pageant 2015
Wed
2
LNFS Presents: Manakamana
LNFS Presents: Donnie Darko
National Student Exchange (NSE) Info Session
Tanya Habjouqa: Recent Photographs
Edward Troye: Theme & Variation
Same Difference: Michelle Grabner, Simone Leigh & Russell Maltz
Lexington Tattoo Project
Wildcat Wellness: Healthy Habits
SEC-ACC Virtual Career Fair
Massage on the Go #3
Thu
3
Cultural Coffee Hour
Tanya Habjouqa: Recent Photographs
Edward Troye: Theme & Variation
Same Difference: Michelle Grabner, Simone Leigh & Russell Maltz
Lexington Tattoo Project
Fri
4
Free Saturday Swing Dance Lessons
Tanya Habjouqa: Recent Photographs
Edward Troye: Theme & Variation
Same Difference: Michelle Grabner, Simone Leigh & Russell Maltz
Lexington Tattoo Project
Sat
5
Tanya Habjouqa: Recent Photographs
Edward Troye: Theme & Variation
Same Difference: Michelle Grabner, Simone Leigh & Russell Maltz
Lexington Tattoo Project
Sun
6
Wildcat Wellness: Expressions (Creative Stress Relief)
Age Friendly Community Panel
Resumes & Cover Letters that Work
Mon
7
National Student Exchange (NSE) Info Session
Wildcat Wellness: Relaxation
Tanya Habjouqa: Recent Photographs
Edward Troye: Theme & Variation
Same Difference: Michelle Grabner, Simone Leigh & Russell Maltz
Lexington Tattoo Project
Tue
8
LNFS Presents: The Godfather
Wildcat Wellness: Meditation
Internship Info Session
Tanya Habjouqa: Recent Photographs
Edward Troye: Theme & Variation
Same Difference: Michelle Grabner, Simone Leigh & Russell Maltz
Lexington Tattoo Project
Brazilian Conversation Hour
UK Remembers
SpeakBlue: Richard Sherman
Wed
9
LNFS Presents: The Shawshank Redemption
Tanya Habjouqa: Recent Photographs
Edward Troye: Theme & Variation
Same Difference: Michelle Grabner, Simone Leigh & Russell Maltz
Lexington Tattoo Project
Wildcat Wellness: Healthy Habits
From Plows to Plates: A Journey Through Kentucky Foodways
Workshop on Publishing
Teached Documentary
Thu
10
LNFS Presents: Enemy
LNFS Presents: Seven Psychopaths
Cultural Coffee Hour
Last Day to Withdraw or Reduce Course Load
Tanya Habjouqa: Recent Photographs
Edward Troye: Theme & Variation
Same Difference: Michelle Grabner, Simone Leigh & Russell Maltz
Lexington Tattoo Project
Robert C. May Photography Endowment Lecture: Julian Cox
Fri
11
Free Saturday Swing Dance Lessons
Tanya Habjouqa: Recent Photographs
Edward Troye: Theme & Variation
Same Difference: Michelle Grabner, Simone Leigh & Russell Maltz
Lexington Tattoo Project
fab-ric-ate Exhibit
Sat
12
Tanya Habjouqa: Recent Photographs
Edward Troye: Theme & Variation
Same Difference: Michelle Grabner, Simone Leigh & Russell Maltz
Lexington Tattoo Project
Kentucky's Present - Learn about the Bluegrass region of the Walk Across Kentucky and about invasive plants that threaten Kentucky landscapes
Sun
13
Wildcat Wellness: Expressions (Creative Stress Relief)
Don't Ask, Don't Tell
Get Your DIY On! Fix-It Station Demonstrations
Mon
14
Wildcat Wellness: Relaxation
Job Club - LinkedIn: Your Job Search Best Friend
Tie Dye Tuesday
#UK Kick Butts Day
Career & Major Exploration Session @ 1 p.m.
Career & Major Exploration Session @ 2 p.m.
Career & Major Exploration Session @ 3 p.m.
Take Back the Night Lexington
Tue
15
LNFS Presents: The Godfather: Part II
Wildcat Wellness: Meditation
Brazilian Conversation Hour
Career & Major Exploration Session @ 11 a.m.
Career & Major Exploration Session @ Noon
Career & Major Exploration Session @ 1 p.m.
Affrilachian Poets
Bike-In Movie: The Bicycle Thieves
Wed
16
LNFS Presents: The Perks of Being a Wallflower
Wildcat Wellness: Healthy Habits
CANCELED: Bike-In Breakfast
Human Rights in China: a panel discussion
Thu
17
LNFS Presents: North by Northwest
LNFS Presents: Raiders of the Lost Ark
Cultural Coffee Hour
Car-Free Day
Performance Conference
Audience Appeals and Performing Assistance Conference
Holi: The Indian Festival of Colors
Fri
18
Free Saturday Swing Dance Lessons
Bully Breed Awareness Walk
Spring Carnival 2015
Taste of Africa
GAYla Drag Show and Silent Auction
Sat
19
 
Sun
20
Wildcat Wellness: Expressions (Creative Stress Relief)
Floral Sculpture
Pinterest Party #3
Mon
21
Wildcat Wellness: Relaxation
Student Center "Farewell" Informational Fair
Tour de Downtown Art
Tue
22
LNFS Presents: Birdman
Wildcat Wellness: Meditation
National Student Exchange (NSE) Info Session
Brazilian Conversation Hour
Healthy Smoothie Demonstration
Ping Pong Ball Drop
Shake the Stress Fest
Wed
23
LNFS Presents: Dr. Strangelove or: How I Learned to Stop Worrying and Love the Bomb
LNFS Presents: The Avengers
Wildcat Wellness: Healthy Habits
Wildcat Wrap-Up
UK Elder Care Lunch & Learn
Kentucky's Future - Plant a Tree in the Pennyrile region of the Walk Across Kentucky
Thu
24
LNFS Presents: Batman
LNFS Presents: O Brother, Where Art Thou?
Cultural Coffee Hour
Art in Bloom Weekend
Fri
25
Free Saturday Swing Dance Lessons
Network Publishing: Digital Writing in the Humanities
The Party for the Planet final event in April is Arbor Day at The Arboretum!
Art in Bloom Weekend
Raise the Chinese Dream in Kentucky
Art in Bloom Cocktail Party
Sat
26
Art in Bloom Weekend
Sun
27
Resumes & Cover Letters that Work
Wildcat Wellness: Expressions (Creative Stress Relief)
Fuel for Finals
UK Ag Equine Programs Distinguished Lecture Series
Mon
28
Wildcat Wellness: Relaxation
Be PAWsitive!
Job Club: How to Write the Perfect Resume and Cover Letter
Showcase of Undergraduate Scholars
How to Impress Your Boss: Employer Panel
Tue
29
Wildcat Wellness: Meditation
Internship Info Session
Brazilian Conversation Hour
Appalachian Research Day
Wed
30
Wildcat Wellness: Healthy Habits
Thu
 
 

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