{
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            "bbox": {
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            "text": "MINUTES",
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            "text": "Kentucky State University\nBoard of Regents\nFinance and Business Committee\n8:56 a.m., October 25, 2013\nFrankfort, Kentucky",
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            "type": "heading",
            "bbox": {
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            },
            "text": "1. Call to Order",
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        },
        {
            "id": "p9.4",
            "order": 4,
            "type": "text",
            "bbox": {
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            "text": "Regent Henry called the meeting to order at 8:56 a.m. on October 25, 2013."
        },
        {
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            "bbox": {
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            },
            "text": "II. Roll Call",
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        },
        {
            "id": "p9.6",
            "order": 6,
            "type": "text",
            "bbox": {
                "l": 100.8,
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            },
            "text": "Regent Henry asked for the roll call, which was recorded as follows:"
        },
        {
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            "bbox": {
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            "text": "Regent Lavaughn Henry, present\nRegent David Guarnieri, absent\nRegent Syamala Reddy, absent\nRegent Chuck Whitehead, present\nMrs. Lockridge, present"
        },
        {
            "id": "p9.8",
            "order": 8,
            "type": "text",
            "bbox": {
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            "text": "A quorum was not declared."
        },
        {
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            "type": "heading",
            "bbox": {
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            },
            "text": "III. Approval of Minutes",
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        {
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            "text": "Action: The minutes from the July 26, 2013 Finance and Business Committee meeting will be presented for approval at the January 24, 2014 Finance Meeting since a quorum was not declared."
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            "text": "Regent Henry recognized Mrs. Lockridge to carry the discussion forward."
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            "type": "heading",
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            },
            "text": "IV. Vice President's Report",
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            "level": 3
        },
        {
            "id": "p9.13",
            "order": 13,
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            "text": "Executive Summary",
            "attrs": {
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            "level": 3
        },
        {
            "id": "p9.14",
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            "bbox": {
                "l": 101.04,
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            },
            "text": "Vice President Lockridge introduced three new employees who recently joined the Finance Division; Ms. Debbie Martin, Associate Vice President Business Operations, Ms. Ann Knotts, Director, Budget Policy and Planning and Ms. Venita Dornbusch, Director of Accounting."
        },
        {
            "id": "p9.15",
            "order": 15,
            "type": "text",
            "bbox": {
                "l": 101.28,
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            "text": "Vice President Lockridge stated that total net assets for the two months ending August 2013 are $128,329,215, revenue is 41% of the revenue budget and expenses approximate 16% of the total expense budget."
        },
        {
            "id": "p9.16",
            "order": 16,
            "type": "text",
            "bbox": {
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            "text": "Mrs. Lockridge updated the committee on the meetings held by the Council on Post-Secondary Education (CPE) and the Chief Budget Officers pertaining to the 2014-2016 biennium budget. Per Vice President Lockridge, CPE will make a budget recommendation on November 8th pertaining to any new money in the Governor's budget and how the money should be distributed between the institutions. There is a potential increase for the university if the FY2014 – 2016 budget"
        },
        {
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            "type": "footer",
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            },
            "text": "[ 9 ]",
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