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.

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Photo by Stu Johnson for WEKU.

Republished with permission.