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U of L Staff Senate Executive Committee. May 11, 2009. Thanks for what you do!. In some ways, it has been a crummy year…. Nationally – It was an unprecedented year. KY Employment Collapse. (Nonfarm employment in thousands). Jun. 2007 1,870.8. Oct. 2000 1,833.6. Mar 2009
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U of L Staff Senate Executive Committee May 11, 2009
Thanks for what you do!
KY Employment Collapse (Nonfarm employment in thousands) Jun. 2007 1,870.8 Oct. 2000 1,833.6 Mar 2009 1,798.5 (p.) Jun. 2003 1,777.6 p: preliminary Note: Kentucky employment today is the same as a decade ago
Loss of Manufacturing Jobsin KY Continues to be a Major Concern 308.3 218.1 (prelim)
Government Fiscal Picture Kentucky Outlook • FY 10 • ??? • Maybe as high as $1.1b • No new taxes • Other • Federal Stimulus • FY 09 • State: $490 m shortfall • Cuts (6% + 2%) • BRTF • Tax increases
Government Fiscal Picture • FY 10 UL Budget Scenario L • No salary increase • 5% tuition increase • Meal Plan • Limited initiatives
So much to be proud of… Saturday Commencement