06 Jan 1993
Page 1
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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 06, 1993
Page
1
KU Chancellor Gene Budig urged a 4.5 percent faculty salary increase for fiscal year 1994 to close the gap with peer universities. He asked for $165 million to run KU, including about $4.4 million for faculty salaries, with details to be presented by Gov. Joan Finney in the State of the State address.
The Kansas University proposal asks for a 4.5 percent salary hike for faculty. The question asks readers whether the state should approve this increase and directs answers to Page 3A.
Neustifter of the county register of deeds reports 4,650 mortgages recorded in 1992, totaling 284.7 million dollars, up 64 percent from 1991 as refinancing surged. Bank and industry officials cite sub8.5 percent 30 year rates, strong real estate activity, and a record year for single family home construction as drivers.
Five delegates from the Leningrad region toured Lawrence to explore venues and performing arts facilities for a planned 1994 cultural exchange between Kansas and Leningrad. They assessed KU’s Lied Center shell and discussed potential theater ballet and craft exchanges, under a pact between Gov. Finney and Leningrad officials.
The Senate begins hearings for President elect Clinton's Commerce secretary pick Ron Brown, marking an accelerated start to the cabinet confirmation process.
President Bush released a pared down final budget predicting a 1994 shortfall of 292.4 billion dollars, rising to 319.8 billion by 1998, due to delayed savings and loan bailout funds and rising health care costs. Clinton inherits a larger deficit challenge and faces pressure to cut deficits in half in four years.
The Bush administration and allies plan an ultimatum demanding Iraq remove surface to air missiles from a southern safety zone or face allied military retaliation. Based on UN resolutions, the warning may come with a 48 hour window. the action targets radar tracking on allied aircraft.
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