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Appendix E: KSU President's Resolution Dated June 2, 2020
WHEREAS, the declaration of a global coronavirus (COVID-19) pandemic on March 3, 2020 has resulted in a general recession within the national economy and has concomitantly caused a decline in state revenue; and
WHEREAS, Kentucky State University has engaged in prudent budget measures in response to COVID-19, including permanent reductions in personnel and operating cost; and
WHEREAS, the Kentucky State University's President's Council seeks to further contribute to the overall reduction in personnel costs mirroring anticipated reductions in general fund appropriations from the Commonwealth of Kentucky;
THEREFORE, BE IT HEREBY RESOLVED, that a 5% salary reduction shall apply to all members of the President's Council from July 1, 2020 until December 31, 2020; and
BE IT FURTHER RESOLVED, that the salary reduction be reviewed in light of campus revenues and expenses with a decision to be made regarding the second half of the fiscal year.
ADOPTED AND APPROVED this 2nd day of June 2020 by the Kentucky State President's Council.
ATTESTATION:
Tymon M. Graham, Ed.D.
Terrance D. Slater, B.S. Acting Director of Athletics
Director for Strategic Initiatives