KU's proposed budget for Fiscal Year 2003

Restoration of cuts contained in proposed FY 2003 statutory budget.
KU faces a potential funding cut next year of $15.44 million, or 6.3%.

Block grant increase.
The block grant is the state appropriation for general university operating support. A 4.5% increase in the block grant is requested to finance utilities, salaries, and general operating support.

Funding the third year of Senate Bill 345.
The 1999 Higher Education Act (Senate Bill 345) committed the Legislature to a four-year program to enhance faculty salaries. The FY 2003 request of $13.4 million is the third year of this funding program.

Funding the Biomedical Research Building initiative.
The Regents have proposed issuing more than $110 million in revenue bonds for new research facilities. This initiative positions KU to secure Kansas' fair share of the increase in federal funds for biomedical research.

Part 1: Chancellor Hemenway on state budget concerns
Part 2: Block Grants and Tuition Proposals
Part 3: Research Building Bond Initiative
Part 4: How to help KU during the Legislative session.
Part 5: KU's proposed budget for Fiscal Year 2003

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