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            "text": "The Situation",
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            "text": "TIMELINE:\nHow Did We Get Here?",
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            "text": "2022",
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            "text": "2000-\n2019",
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            "text": "After decades of financial issues, KSU reaches critical levels in 2000 when its expenses exceeded its income."
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            "text": "The situation is worsened by 2019."
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            "text": "2021",
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            "text": "JUL: KSU President resigns."
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            "text": "SEP: KSU informs State lawmakers that it will need emergency funding to stay open through the end of the year."
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            "text": "NOV: Review by the Kentucky Council on Postsecondary Education (CPE) shows KSU's urgent financial and management issues."
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            "text": "MAR: State lawmakers move to overhaul KSU's governing board via Senate Bill 265."
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            "text": "MAR/APR: Lawmakers file an emergency provision, House Bill 250 (HB250), that appropriates $23M to KSU with oversight from CPE. The KY Senate appropriates an additional $15M to help stabilize KSU."
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            "text": "JUN: Board of Regents installs new Interim President at KSU to lead turnaround efforts as per HB250 and manage daily operations at the university."
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            "text": "AUG: Interim President begins building the KSU Leadership Team and the Intended Future Action Plan to guide implementation of HB250 directives."
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            "text": "NOV: Three-year KSU Management Improvement Plan approved by CPE."
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