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            "text": "funds from which he can draw contingency funds, if necessary. In an emergency, KSU could also draw on its Fund Balance, but that would be a last resort."
        },
        {
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            "text": "Action: Regent Reddy made a motion to approve the proposed budget and all related resolutions for the 2016-2017 academic/budget year. The motion was seconded by Regent McFayden. The motion passed 10-0."
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            "text": "Action: Regent Barfield amended the motion to explicitly include the proposed Housing and Board Schedule and Tuition and Fee Schedule in the motion for budget approval. Regent McFayden seconded the motion. The motion passed 10-0."
        },
        {
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            "text": "V. President's Report",
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            "text": "President Thompson stated that he appreciated the Board’s thorough review and approval of the budget. He also stated that, although he only has an interim term, he intends to be dynamic and contribute to the development of the University. He stated that he intends to present a restructuring plan for Academic Affairs to the Board at its regular meeting in July."
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            "text": "VI. Adjournment",
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            "text": "Action: Chairperson Bearden called for a vote to adjourn. Regent Farris made a motion to adjourn the meeting. The motion was seconded by Regent McFayden. The motion passed 10-0. Chairperson Bearden adjourned the meeting."
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            "text": "Submitted By:",
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            "text": "___ Approved with no corrections"
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            "text": "Approved with corrections"
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            "text": "4",
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            "text": "Gordon A. Rowe, Jr., Secretary\nBoard of Regents\nKentucky State University",
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            }
        },
        {
            "id": "p24.13",
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            "bbox": {
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            "text": "Karen W. Bearden, Chairperson\nBoard of Regents\nKentucky State University",
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        }
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