Budget

Matt Markgraf, WKMS

Murray State University’s Board of Regents approved on Friday a 'balanced' budget for the next academic year, shifting $7.3 million dollars. They also formally approved Mark Arant as Provost and VP of Academic Affairs, changes to academic programs and numerous other matters. Board Chair Stephen Williams also weighed in on the recent 'scathing' University of Louisville Foundation audit.

Matt Markgraf, WKMS

Murray State University’s Board of Regents are expected to vote Friday on the budget for the next academic year. The budget is expected to balance a $4.5 million decline this year and address $1.8 million in fixed cost increases. 

Updated 2:10 p.m. ET

The Senate approved the bipartisan $1.1 trillion spending bill that funnels money to nearly every corner of the federal government and keeps it running through the end of the current fiscal year in September. The House approved the measure on Wednesday, and it now goes to President Trump for his signature.

via Barkley Regional Airport's Facebook Page

   President Donald Trump’s proposed budget reduces funding for many domestic programs including a service that funds operations at Barkley Regional Airport in Paducah. The 2018 budget calls for the elimination of the Essential Air Service. The program contracts certificated air carriers to serve small communities. Airport manager Richard Roof said the cut would “delete a substantial amount of funding” for airline services including commercial flights to the O’Hare International Airport in Chicago.

President Trump's proposed budget calls for big cuts in a wide array of domestic programs — among them, agencies that fund the arts, humanities and public media.

Funding for the Corporation for Public Broadcasting would be cut to zero under the proposal, and the National Endowment for the Arts and the National Endowment for the Humanities would be eliminated entirely, the first time any president has proposed such a measure.

123RF STOCK PHOTO

The Illinois Senate has approved small pieces of the far-reaching budget compromise plan it's debated for six weeks.

Dr. Bob Davies, Murray State University

Classes are underway in the Spring Semester at Murray State University. On Sounds Good, Matt Markgraf speaks with President Bob Davies about enrollment and budget planning for the next academic year, what MSU is watching in the legislature, the role of arts education in a STEM+H-focused academic environment, building and maintenance projects and the CPE work group on tuition rate guidance and more.

Negotiators in the House and Senate have reached a deal on a bill to fund the government through Dec. 9.

Republicans and Democrats have been arguing for weeks to find a way forward before the Sept. 30 deadline in order to avoid a government shutdown.

Last week, negotiations in the Senate appeared to be at a standstill, with Democrats in both chambers insisting that the most recent Republican offer was not enough.

Aleksey Butov, 123rf Stock Photo

Illinois lawmakers were moved to compromise on a stopgap budget after a year-and-a-half stalemate by a powerful force: a high-stakes November election and a voting public one legislator described as near "revolt."

"Money" by Tax Credits, Flickr Commons, (CC BY 2.0)

Illinois Treasurer Mike Frerichs says the state loses $2.6 million a month in investment income because of the ongoing state budget impasse.  

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