Manhattan ? Kansas State University President Kirk Schulz is proposing nearly $8 million in budget cuts in the next two years.

Schulz on Monday also released proposals for more than $7 million in revenue increases.

The university says the recommendations would create a pool of money to help maintain or restore basic operations.

The proposals include elimination of Targeted Excellence programs, which directs funds to selected academic areas. Schulz also proposed 10 percent per year reductions in funds for the athletics department and the National Institute For Strategic Technology Acquisition and Commercialization.

And Schulz proposed $5 million in tuition surcharges for 2011, and a tuition “adjustment” to raise more than $2 million.