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University braces for governor’s budget cuts

Related Topics: Austerity

Home > News > University braces for governor’s budget cuts

By Shelby Brown–

The University of Louisville’s budget is under the ax again after Governor Matt Bevin announced Thursday Kentucky is facing a projected $156 million dollar shortfall in 2018. U of L will take a one percent cut, or just over one million dollars as post-secondary institutions across the state lose $11 million collectively.

“Since it’s a mid-year cut, its effect will be even more severe,” Interim President Greg Postel said.

Postel is confident, however, in U of L’s preparation to face future financial troubles.