UK Board adopts largest budget in school history: $6.8 billion

WEKU | By Stu Johnson

The University of Kentucky Board of Trustees has approved a $6.8 billion budget for the upcoming fiscal year. It represents the largest in the institution’s history.

The spending plan is 21% larger than last year’s original budget. It’s a reflection of the acquisition and integration of King’s Daughters Medical Health System in Ashland into the university.

Tuition is slated to increase by 2.7% for in-state undergraduates. UK Enrollment is anticipated to reach about 33,000 with the freshmen class totaling a record number of around 6400.

WEKU is working hard to be a leading source for public service, fact-based journalism. Monthly sustaining donors are the top source of funding for this growing nonprofit news organization. Please join others in your community who support WEKU by making your donation.

Photo by Stu Johnson for WEKU.

Republished with permission.