The meeting will be held:
Thursday, April 28, 2011
9:00 a.m., EDT
Regional Postsecondary Center (RPC), Room 229
Elizabethtown Community and Technical College,
Elizabethtown, Kentucky
Thursday, April 28, 2011
9:00 a.m., EDT
Regional Postsecondary Center (RPC), Room 229
Elizabethtown Community and Technical College,
Elizabethtown, Kentucky
I would love to see a mass of students and parents show up to this thing.
ACTION: The staff recommends that the Council approve 2011-12 resident, undergraduate tuition and mandatory fee ceilings that equate to maximum base rate increases of 4 percent for KCTCS, 5 percent for the comprehensive universities, and 6 percent for the research institutions, rounded to the nearest whole dollar.
The staff also recommends that the Council maintain the current floor for nonresident,undergraduate tuition and mandatory fees of two times the resident, undergraduate rate.
Finally, the staff recommends that the public universities be allowed to submit for Council approval market competitive resident and nonresident tuition and mandatory fee rates for graduate and online courses.
ACTION: The staff recommends that the Council approve 2011-12 resident, undergraduate tuition and mandatory fee ceilings that equate to maximum base rate increases of 4 percent for KCTCS, 5 percent for the comprehensive universities, and 6 percent for the research institutions, rounded to the nearest whole dollar.
The staff also recommends that the Council maintain the current floor for nonresident,undergraduate tuition and mandatory fees of two times the resident, undergraduate rate.
Finally, the staff recommends that the public universities be allowed to submit for Council approval market competitive resident and nonresident tuition and mandatory fee rates for graduate and online courses.
ACTION: The staff recommends that the Council approve, contingent on favorable action by the University of Kentucky Board of Trustees at its May 3, 2011, meeting,the request of the University of Kentucky to replace video boards at Commonwealth Stadium with $3.15 million of UK Athletic Association private funds and a $3.1 million loan from the university. The project scope is $6,250,000.
Now here is the interesting part of this proposal.
The university confirms that the private and institutional loan funds are available to implement the project. The project will result in improvements to state-owned property with ownership of the improvements to accrue to the university upon completion. The University of Kentucky’s Capital Project Management Division will implement the project, the university will pay the operations and maintenance, and it does not represent a demand on the General Fund.
“Does not represent a demand on the General Fund,” That means the money comes from agency receipt funds, either tuition, profits from the Chandler Medical Center or some other money making activity at UK.
You have a spare $3.1 million dollars and the best thing you can do is buy a score board? This makes the investment policy of the Kentucky Retirement Systems look sane.
