{ "document_id": 13375, "page": 2, "width_pt": 612, "height_pt": 792, "rotation": 0, "pipeline_version": "paddleocr-vl-1.6+paul-48", "engine": "paddleocr_vl", "source_run_id": 13485, "item_count": 18, "counts_by_type": { "footer": 1, "header": 1, "heading": 2, "list": 1, "list_item": 12, "text": 1 }, "build_ms": 2, "items": [ { "id": "p2.1", "order": 1, "type": "header", "bbox": { "l": 14.88, "t": 782.16, "r": 263.04, "b": 772.08 }, "text": "Docusign Envelope ID: 2D088F3E-5A3F-8E00-82D6-B6F45E42806F", "attrs": { "block_label": "header" }, "level": 2 }, { "id": "p2.2", "order": 2, "type": "text", "bbox": { "l": 123.36, "t": 718.8, "r": 541.68, "b": 689.52 }, "text": "Four (4) Regents were in attendance and present at roll call. A quorum was therefore established." }, { "id": "p2.3", "order": 3, "type": "heading", "bbox": { "l": 105.36, "t": 654.96, "r": 247.92, "b": 641.28 }, "text": "3. Approval of the Agenda.", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p2.4", "order": 4, "type": "list_item", "bbox": { "l": 122.88, "t": 627.3, "r": 541.68, "b": 582.72 }, "text": "Regent Charles Moyer requested a motion to approve the agenda. Regent Obielodan made a motion to approve the agenda and Regent Grimshaw seconded the motion." }, { "id": "p2.5", "order": 5, "type": "heading", "bbox": { "l": 105.12, "t": 566.64, "r": 323.28, "b": 553.2 }, "text": "4. Committee Meeting Information Items.", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p2.6", "order": 6, "type": "list", "bbox": { "l": 122.4, "t": 537.84, "r": 541.92, "b": 78.24 }, "text": "", "attrs": { "item_count": 11 }, "children": [ { "id": "p2.6.1", "order": 7, "type": "list_item", "bbox": { "l": 122.88, "t": 537.84, "r": 540.96, "b": 509.28 }, "text": "Division of Finance & Administration Updates. Presented by Dr. Heather Bigard, Vice President of Finance and Administration/CFO.", "marker": "A." }, { "id": "p2.6.2", "order": 8, "type": "list_item", "bbox": { "l": 123.6, "t": 493.2, "r": 541.68, "b": 450.96 }, "text": "Budget Report. Dr. Bigard presented a power point covering the development of the 2026-27 budget, including a summary of the elements and process that goes into forming the budget and changes related to Senate Bill 185.", "marker": "1." }, { "id": "p2.6.3", "order": 9, "type": "list_item", "bbox": { "l": 123.36, "t": 450.9, "r": 541.2, "b": 420.96 }, "text": "Dr. Bigard shared how the enrollment projections for the fall and spring were determined, using trend data and an anticipated overall decline" }, { "id": "p2.6.4", "order": 10, "type": "list_item", "bbox": { "l": 123.36, "t": 421.02, "r": 540.96, "b": 390.72 }, "text": "Dr. Bigard said they are projecting for the Fall 300 new undergraduate students and for overall graduate and transfer students, it's 157." }, { "id": "p2.6.5", "order": 11, "type": "list_item", "bbox": { "l": 123.12, "t": 391.02, "r": 541.92, "b": 346.56 }, "text": "She said total Fall enrollment is projected at 2,570, which is a downward trend of about 9 percent from fall to fall. She said the impact of Senate Bill 185 will likely lower enrollment slightly for the first year.", "marker": "-" }, { "id": "p2.6.6", "order": 12, "type": "list_item", "bbox": { "l": 123.36, "t": 346.5, "r": 540.72, "b": 316.32 }, "text": "Regent Hatchett asked if she could provide them with a comparison, historically, of the new dual credit numbers, with previous years. She responded yes.", "marker": "-" }, { "id": "p2.6.7", "order": 13, "type": "list_item", "bbox": { "l": 123.12, "t": 316.5, "r": 541.44, "b": 286.8 }, "text": "Dr. Bigard provided a projection for Spring 2027 enrollment of 2,285, which is a 20% decline from spring to spring for budget purposes." }, { "id": "p2.6.8", "order": 14, "type": "list_item", "bbox": { "l": 122.4, "t": 286.62, "r": 541.92, "b": 198.24 }, "text": "She further shared the academic program analysis. She said they are seeing a positive contribution from the academic programs into the general operating budget of about $1.2 million. The total amount due from receivables for 2025-26 is $4.1 million for tuition; $542,000 from auxiliary; and about $100,000 in additional asset preservation fees for a total of $4.8 million the university is trying to collect for the current fiscal year.", "marker": "-" }, { "id": "p2.6.9", "order": 15, "type": "list_item", "bbox": { "l": 123.12, "t": 198.05999999999995, "r": 541.44, "b": 168 }, "text": "Dr. Bigard summarized the Financial Clearance and Collections Policy that was presented for the Board's approval." }, { "id": "p2.6.10", "order": 16, "type": "list_item", "bbox": { "l": 123.6, "t": 168.17999999999995, "r": 540.72, "b": 123.12 }, "text": "Regent Hatchett asked a question about the financial assistance and the dollars the Department of Revenue is willing to commit to the collection process. Dr. Bigard responded that a separate MOU will be developed with them", "marker": "-" }, { "id": "p2.6.11", "order": 17, "type": "list_item", "bbox": { "l": 123.12, "t": 123.53999999999996, "r": 541.92, "b": 78.24 }, "text": "Chair Dukes asked about the state income tax return and said that's the state of Kentucky and asked if they have any plans for Ohio, Michigan and Illinois. Dr. Bigard responded she wasn't aware of any lever to pull in other states." } ] }, { "id": "p2.7", "order": 18, "type": "footer", "bbox": { "l": 301.92, "t": 60.48, "r": 309.84, "b": 51.12 }, "text": "2", "attrs": { "block_label": "number" } } ], "excluded_furniture": { "first": [], "last": [] } }