Kentucky State University's governing board has reviewed a financial policy that would give the administration the green light to fire tenured faculty.
The policy - known as financial exigency - was recommended Friday to the board by KSU Interim President William Turner, who cited a need to operate the school more efficiently. The board took no action on Turner's policy.
Financial exigency, according to Turner's outline of the plan contained in a policy statement of several pages, can be adopted when a university's financial condition is so bad the school cannot "fulfill its obligations to the public." If approved, the university could fire tenured faculty or staff and cut programs if revenue projections indicate the university faces a severe and persistent shortage of funds.
KSU's budget projections for the 2003-04 academic year are not in, according to the school's Budget Director Keith Shipman.
"What we discussed about the financial exigency policy yesterday was just that, a discussion," Turner said in an e-mail Saturday. "We did not seek the board's approval of it, as such, yesterday. I was simply laying out what it is, why and when it is used, as one of the means, the tools, available to us in this time - a time of fiscal crisis."