Todd Says Budget Cuts Will be 'Surgical'

Contact: Ralph Derickson

 

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"We've done a lot of things to conserve already. We need to keep the faculty and student morale high" during the period of state-required budget reductions and not "backtrack" in efforts to achieve top-20 status.

--Lee T. Todd Jr.,
president,
University of Kentucky

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LEXINGTON, Ky. (Jan. 27, 2004) -- University of Kentucky President Lee T. Todd Jr. told Board of Trustees members today that he expects to shrink the university's budget an estimated $16.7 million in state-mandated cuts by "surgical" cuts rather than by across-the-board reductions.

"We've done a lot of things to conserve already," he commented. "We need to keep the faculty and student morale high," during the period of state-required budget reductions and not "backtrack" in efforts to achieve top-20 status.

"I plan to spare academic programs as much as possible," Todd said. He told the board members that getting UK's portion of the nonrecurring state higher education budget cuts reduced to $16.7 million was a "small victory."

The president said the budget issue is a "major concern" and he will wait until after Gov. Ernie Fletcher's budget address tonight and the legislative reaction to that before laying out specific plans for UK's budget reductions.

Todd said UK was able to meet last year's $5.5 million budget cut by using unbudgeted tuition income and with the help of the deans of the UK colleges whom he had instructed to hold back 1 percent of their spending after he learned budget cuts were imminent.

Concerning crimes committed on or near the UK campus in recent weeks, Todd reported UK now has 41 patrol officers, including three recent hires. The university, he said, is not losing police officers like many jurisdictions because of low police pay.

The president also said the university will soon announce a new on-campus cellular telephone plan that will give persons direct contact in emergency situations with the UK Police Department.
In other action, the Board of Trustees adopted new UK Ethical Principles and Code of Conduct and established a 401(a) retirement plan for UK faculty and staff members.

The Code of Conduct establishes guidelines for professional conduct for university trustees, executive officers, faculty, staff, and other individuals employed by the university, those using university resources or facilities, and volunteers and representatives acting as agents of the university.

UK student conduct is governed by an already existing code of Student Rights and Responsibilities.

The new code provides a nondiscrimination policy, sets requirements for confidentiality of information, stipulates use of the university's name and resources, and prohibits sexual harassment.
The code also sets requirements in the areas of personal relationships, employment of relatives, intellectual property, conflict of commitment, conflict of interest, financial advantage, and acceptance of gifts or benefits.

Members of the university community are expected to report violations of the policy to an appropriate individual, the code states. "The university will not tolerate any retaliation against an individual who makes a good faith report of a violation," the code concludes.

The new retirement plan will enable UK faculty and staff members to tax-shelter additional retirement funds if they have already exceeded the Internal Revenue Service (IRS) tax-sheltering limits allowed under the university's 403(b) retirement plan.

The board received a report of the Office of Alumni Affairs reporting the results of a recent election among UK alumni members of a person to replace alumni UK Board member Marian Moore Sims whose term expires in June. The names of the three top vote getters - James W. Stuckert, Ann Brand Haney, and Thomas Eugene Spragens, Jr., - will be be submitted to Gov. Fletcher who will select one as the new alumni representative on the UK Board of Trustees.

Board members also adopted resolutions honoring Paul Van Booven, UK's general counsel, and Lexington businessman and philanthropist William T. Young, both of whom died recently.
President Todd said a room in the General Counsel's suite of offices will be named in Van Booven's honor. UK's library honors Young who gave the first $5 million toward its construction. Young also established and promoted the library's book endowment which is now the largest among all public universities in the nation.


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