(AP) — Kentucky State University President Raymond Burse says Gov. Matt Bevin's proposed budget cuts would create a dire financial situation that could require the school to close.
Media outlets report Burse sent a letter Monday to faculty, staff, students and alumni informing them of the crisis. Burse says Bevin's proposed budget gives KSU two options: to declare financial exigency, or come up with a closure plan.
Last month, Bevin proposed cutting state funding to universities by 4.5 percent for the rest of the fiscal year ending June 30. He wants to cut funding by 9 percent over the following two years.
Burse says that when he became president in fall 2014, he faced a budget with an operating deficit of $7 million. Since then, he says the university hasn't been able to get ahead due to declining enrollment.