LEXINGTON, KY - The University of Kentucky Senate Council says UK President Eli Capilouto has created a budget crisis.
 
The Lexington Herald-Leader reported the faculty group sent a memo to Capilouto on Thursday in which members said they  recognized dwindling state financial support was part of a cutback, but said the current budget crisis is largely due to presidential priorities that include more than $50 million in new spending.
 
UK officials announced in June that about 140 people would lose their jobs in the university's first layoffs in recent memory. Another 164 vacant positions have gone unfilled.
 
University officials say another round of budget cuts must be decided before January.
 
The cuts so far have amounted to about 1 percent of UK's 14,000 employees.