The Research Universities will request the General Fund base funding* and will have no state General Fund Additional Budget Requests (UK and UL do not participate in KERS).

KERS Increase - the Comprehensive Universities and KCTCS will request state General Fund base funding* and will request KERS increase funds as a state General Fund Additional Budget Request.

Between this year and next, KERS employer contribution rates are expected to increase:

from 49.47% to 84.06% for non-hazardous positions

from 23.70% to 41.12% for hazardous positions

Based on KRS projections, pension contributions at comprehensive universities and KCTCS institutions are expected to increase by $47.2 M or about 70%

KSU share of $47.2m request = $1,358,600

KSU will request $290,000 in recurring funds to meet the federal match requirement for KSU's land-grant program. Funding will help sustain effectiveness of outreach, service, and applied research of land-grant program.

KCTCS will request state General Fund base funding* and Competitive Workforce Initiative Funding a. FY 19 = 3.561m, FY20 = 5.935m

Performance Funding

For FY19, hold harmless provisions are in effect. CPE will request $18.94m

For FY20, a 1% stop-loss is in effect. CPE will request $36.51m. Each institution will request the Regular Appropriation minus 1.0% of each institution's FY18 adjusted net General Fund for each institution. CPE will request a sum equal to the contribution from each institution as base funding in the Postsecondary Education Performance Fund Appropriation Unit. This will allow for the movement of funds within the stop-loss provision of SB 153.

1% stop loss for KSU = $199,900

CPE is requesting bond funding for Bucks for Brains endowments of $90m, and an associated annual debt service appropriation of $8.2m. If authorized, funding will be housed in two trust funds until matched by the institutions (RCTF, CUETF). State funds will be matched dollar-for-dollar with institutional funds from external sources. Both state and campus matching funds will be endowed, investment proceeds may be used to fund endowed chairs and professorships, research staffs and infrastructure, and student scholarships

$50m would be allocated to UK; $25m to UL; $15m to comprehensives

KSU allocation = $1,345,800

CPE is requesting $600,000,000 in General Fund supported Bond Funds for a pool of asset preservation and renovation projects, which will be matched with institutional funds. The projects at each institution that are eligible to receive this funding will be listed in the Asset Preservation table in the Council's agenda items for the 2018-20 biennial budget recommendation.

KSU share = $11,215,700