2014 Kentucky state budget

9:35 pm
Thu May 8, 2014

University of Louisville Raises Tuition 5 Percent

James Ramsey
Credit University of Louisville

When the University of Louisville's fall semester begins, students will pay more tuition than ever before.

UofL was able to offset a nearly $2.1 million annual cut in state funding, in part, by raising tuition for the upcoming academic year by 5 percent.

This means in-state students attending UofL will pay $10,236 for the 2014-15 school year.

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5:37 pm
Thu April 10, 2014

University of Louisville Met Its $1-Billion Fundraising Goal

The University of Louisville got contributions from 75,000 donors from every state and every Kentucky county to meet its $1-billion fundraising campaign, school officials announced Thursday.

The Charting Our Course campaign began in 2007.

UofL President James Ramsey said he did not expect the funds to be raised so quickly.

"At the time, a billion dollars sounded overwhelming," he said.

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7:30 pm
Tue February 11, 2014

Kentucky State Trooper Commissioner: Budget Cuts Have Led to Staff Shortage

Rodney Brewer
Credit Kentucky State Police

FRANKFORT — Kentucky's top state trooper says his agency is suffering from a shortage in staff.

Kentucky State Police Commissioner Rodney Brewer told a state House committee that years of flatlining budgets and a proposed 2.5 percent cut under Gov. Steve Beshear’s latest spending plan have put a squeeze on the agency.

Brewer says expenses in employee retirement, healthcare costs and fleet maintenance have led to layoffs.

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4:38 pm
Mon January 27, 2014

Kentucky Retirement Systems Director: State's Pension Debt is $17 Billion

Credit File photo

Kentucky's state pension systems are slated to have to pay out more than $17 billion that the state doesn't have.

That's according to William Thielen, who is director of the Kentucky Retirement Systems. Thielen testified before lawmakers in Frankfort Monday. He says the state's various pension funds have only a fraction of what they need to pay all potential retirees.

Thielen says if lawmakers make good on a promise to fund the pensions with the recommend amount, called the ARC, it'll take a few years before the unfunded liability starts to drop.

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