LEXINGTON, Ky. (WKYT) – The University of Kentucky Board of Trustees approved a $9.6 billion budget, an increase of nearly $1 billion, according to the Lexington Herald Leader.
The budget includes more than $190 million for scholarships and financial aid, as well as a 3% salary increase for eligible employees.
According to the Herald Leader, the budget allocates approximately:
- $6 billion for UK Healthcare
- $3.3 billion for higher education
- More than $219 million for athletics
Dean appointment authority
Also during the meeting, trustees voted to change a policy that restores the board’s authority to appoint deans, according to the Herald Leader…