Campus News

'Behind the Blue': Eric Monday Discusses UK’s 2022-23 Budget

LEXINGTON, Ky. (June 13, 2022) — Eric N. Monday is University of Kentucky’s executive vice president for finance and administration. One of his responsibilities in that role is to oversee the development and implementation of the university’s annual budget.

In a few days, the UK Board of Trustees will consider a $5.6 billion budget for 2022-2023. It is the largest budget in the history of the university — fueled by continued growth in the university’s health care enterprise and research missions, as well as what is expected to be the largest first-year class ever at UK.

On this episode of "Behind the Blue," Monday explains how the budget is shaped, some of the areas of emphasis for the budget and how it is helping move the institution’s mission forward — to advance Kentucky.

"Behind the Blue" is available on iTunes, Google Play, Stitcher and Spotify. Become a subscriber to receive new episodes of “Behind the Blue” each week. UK’s latest medical breakthroughs, research, artists and writers will be featured, along with the most important news impacting the university.

For questions or comments about this or any other episode of "Behind the Blue," email BehindTheBlue@uky.edu or tweet your question with #BehindTheBlue. Transcripts for this or other episodes of "Behind the Blue" can be downloaded from the show’s blog page.

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The University of Kentucky is increasingly the first choice for students, faculty and staff to pursue their passions and their professional goals. In the last two years, Forbes has named UK among the best employers for diversity, and INSIGHT into Diversity recognized us as a Diversity Champion four years running. UK is ranked among the top 30 campuses in the nation for LGBTQ* inclusion and safety. UK has been judged a “Great College to Work for" three years in a row, and UK is among only 22 universities in the country on Forbes' list of "America's Best Employers."  We are ranked among the top 10 percent of public institutions for research expenditures — a tangible symbol of our breadth and depth as a university focused on discovery that changes lives and communities. And our patients know and appreciate the fact that UK HealthCare has been named the state’s top hospital for five straight years. Accolades and honors are great. But they are more important for what they represent: the idea that creating a community of belonging and commitment to excellence is how we honor our mission to be not simply the University of Kentucky, but the University for Kentucky.