Tagged: Budget Cuts

While Eastern Kentucky University is working to cut spending by $23 million, its Board of Regents will promote early retirements to before instituting layoffs. Chairman Craig Turner says a plan the regents approved Tuesday morning offers incentives to professors willing to work part-time and staff members who qualify for early retirement.

“The objective here again is to treat everybody as fairly as possible, providing incentives for them to potentially retire, and based upon those numbers, then that will determine how deep cuts go on the reduction plan itself,” Turner said.

Murray State’s Board of Regents has voted 7 to 4 against extending President Randy Dunn’s contract. The decision comes despite the letters of support for Dunn from the school’s faculty senate and staff congress, as well as 27 west Kentucky school superintendents.

In December, we reported that Land Between the Lakes will have to cut $1 million from their annual operating budget, following across-the-board budget reduction for all national parks. On Sounds Good, Land Between the Lakes' Denise Schmittou outlines the new season and a few fee changes due to the budget review.

The Illinois State Board of Education wants lawmakers to increase funding for schools by $874 million next year. The board recommended the 13.4 percent increase at their meeting today. Finance Committee Chairman Jim Baumann says 67 percent of school districts are in deficit spending.