For Immediate Release
June 16, 1999
Contact: Melissa Forsythe or Mark Pfeiffer (502) 564-26113

Governor Patton and U of L Lure Budget and Education Expert Jim Ramsey Back to Kentucky

Frankfort, Ky. -"One of Kentucky’s best and brightest is coming home," said Governor Paul Patton in announcing his successful effort to recruit former Budget Director Jim Ramsey back to state government. Ramsey left the Governor’s Office of Policy and Management in May 1998 to become vice chancellor of administration at the University of North Carolina as the university’s principal finance and business officer.

UNC Chancellor Michael Hooker said "The state of Kentucky has reclaimed one of the nation’s most gifted financial minds. When Jim accepted this position, we knew we had secured the services of a person who literally had become an institution to the people in his home state. Now we all know first-hand why Governor Patton places Jim in such high regard."

The governor and the University of Louisville worked in partnership for months to recruit Ramsey back to Kentucky. He returns in a dual role, as Governor Patton’s Senior Policy Advisor and Budget Director and as a tenured Senior Professor of Economics and Public Policy at the University of Louisville. He’ll also hold the title of Senior Executive Fellow at U of L.

Governor Patton said, "Jim Ramsey was such a large part of our administration, both in terms of the budget process and in postsecondary education reform, that his loss to North Carolina last year, was a void hard to fill. Recruiting Jim back to the state in an even broader role is a real coup for our administration and Kentucky."

U of L President John Shumaker added, ""A key component of U of L’s Challenge for Excellence is urban and public affairs. Jim Ramsey will bring to that vision a rich blend of academic and governmental experience. His leadership will be of great value to our students, to his faculty colleagues and to the Greater Louisville metropolitan community. We are excited to have him with us."

"Its great to be coming home," Ramsey said. "I really appreciate the confidence that Governor Patton and President Shumaker have shown in me in their efforts to provide an opportunity to return to an enhanced position not only with state government but at the University of Louisville."

Dr. Ramsey served as Kentucky’s state budget director from November 1995 until May 1998, on loan from Western Kentucky University where he was Vice-President for Finance and Administration. During that time, he took on the added responsibility of special advisor to the chairman of the Council on Postsecondary Education. He also acted as Interim President of The Kentucky Community and Technical College System and headed the state’s transition team for the Postsecondary Education Improvement Act of 1997.

Ramsey has a long association with Kentucky government. Before joining Governor Patton, he was chief state economist and Executive Director of the Office of Financial Management and Economic Analysis. Ramsey holds a Ph.D. and Master’s degree in economics from the University of Kentucky. He earned his undergraduate degree in business administration at Western Kentucky University.

Ramsey begins his new duties August first, relieving Secretary of the Cabinet Crit Luallen who had taken on the job of Budget Director when Ramsey left. "The timing is perfect," Governor Patton said. "Jim will rejoin us in time to help prepare our budget proposal for the 2000 legislative session."

For more information Dr. Ramsey can be reached at 1-919-962-3798.