| Activity | Objective | Status | Assigned to | Comments | Completion Date |
|---|
| Improve the collection of student accounts receivable, including implementation of a comprehensive Student Financial Responsibility Agreement and utilization of external collection agencies, including Kentucky's Department of Revenue. | Monthly report of outstanding student balances | In Progress | | 1. Trend of reduced student balances at census date | February and September |
| In Progress | | 2. Improving Accounts Receivable Turnover Ratio |
| In Progress | | 3. Decrease over time in Bad Debt Expense |
| Monthly report of collection activity | In Progress | | Completed on time each month | Jun-23 |
| Executed student financial responsibility agreement | In Progress | | | Jun-23 |
| Revised collection policy | In Progress | | | Jun-23 |
| Complete a comprehensive review of expenses to ensure they are charged to | Revised chart of accounts | In Progress | | | Jun-23 |
| Summative report on account revisions | In Progress | | | Jun-23 |
| Complete Banner optimization project and ADP to Banner Transition. | Completed optimizations by module | In Progress | | | Sep-23 |
| Summative report on necessary optimizations | In Progress | | | Nov-23 |
| Completed transition from ADP to Banner payroll module | In Progress | | | Jun-23 |