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            "text": "KENTUCKY STATE UNIVERSITY\nRegular Meeting of the Board of Regents\nBusiness Affairs and Audit Committees\nOctober 22, 2015\n1:00 pm to 2:30 pm\nCooperative Extension Building Conference Room\nFrankfort, Kentucky",
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            "text": "MINUTES\n*****"
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            "text": "Regent LaVaughn Henry, Chairperson, called the joint meeting of the Business Affairs Committee and Audit Committee of the Kentucky State University Board of Regents to order at 1:00 p.m. on October 23, 2015. Regent Henry asked the secretary to call the roll:"
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                    "text": "Present\nNot Present\nNot Present\nNot Present",
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                    "text": "Hettie Oldham\nKaren Bearden\nElaine Farris",
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            "text": "LaVaughn Henry\nDavid Guarnieri\nSyamala Reddy\nMindy Barfield"
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            "text": "Present\nNot Present\nPresent"
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            "text": "A quorum was not declared."
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            "text": "I. Approval of Minutes",
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            "text": "Action: Due to not having a quorum the minutes of April 23, 2015, could not be approved."
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            "text": "Regent Henry recognized Mr. Rush to carry the discussion forward."
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            "text": "II. Vice President's Report",
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            "text": "New Employees",
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            "text": "Acting Vice President Rush introduced four new members of the Business Affairs team - Rayla Smoot, Director of Human Resources Services; Mary Smith, Grants Accountant II; Oliver Heyn, Grants Accountant II, and Langhao Tang, Accountant I."
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            "text": "Debt Collections",
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            "text": "Acting Vice President Rush stated that the University had 1,408 accounts placed with three collections agencies and the Department of Revenue in the amount of $7.7MM. He stated that we were currently attempting to get more accounts to the Department of Revenue before tax season by the end of this month or early November. He stated that collections with the three agencies were very low, less than one percent a month."
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