Monday, January 4, 2010

CPE takes half-million dollar hit

The Council on Postsecondary Education will lose $495,100 under budget reductions announced today.

The Governor's "Order Directing The Reduction of Certain Appropriations" shows no cuts to KCTCS or any of the universities, with the full amount coming from the line item for the Council itself.

That seems to be the standard 6 percent cut was applied the Council's operating budget of a bit less than $9 million. Financial aid was not cut, and it looks as though strategic investment and incentive funding and other grant programs were also spared.

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