Accessing University Of Kentucky’s Contingency Fund

The University of Kentucky will use portions of its contingency fund to save nearly 100 school jobs in the next fiscal year amid continuing furloughs at the school, the university’s president said in a news release.The announcement comes as 100 additional academic employees were furloughed Friday, about a month after the university furloughed nearly 1,700 academic and UK HealthCare employees due to revenue shortfalls related to the coronavirus outbreak.

Source: MG News

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