As it relates to its recovery, KSU must implement numerous measures and recommendations required by the state and other relevant entities, as well as execute on institutional initiatives as detailed in the following:

Passed by the Kentucky General Assembly in the spring of 2022, provided the Council on Postsecondary Education (CPE) with for KSU and set forth a myriad of duties and responsibilities relating to the institution's recovery.

Fulfillment of HB250 represents a tremendous undertaking for KSU as it requires the completion of 37 Directives in 7 sections.

HB250 also requires the development and implementation of a Management Improvement Plan (MIP), which has its own set of requirements.

HB250 Section 2 requires that CPE oversee the development of a Management Improvement Plan for KSU. The MIP is designed to assist with organizational and financial stability at KSU.

The MIP requires the fulfillment of 134 + Directives within 8 Elements.

Additionally, HB250 allocated $5 million in fiscal year 2022-23 and $10 million in fiscal year 2023-24 to CPE for the purpose of distributing funds to KSU for achieving goals and benchmarks in accordance with the plan, as determined by CPE.

On March 22, 2023, the special audit report was officially released by the state's Office of the Auditor of Public Accounts (APA). The auditor's report, which covered a specified three-year period (2018 - 2021), detailed systemic problems at KSU with 20 findings identified as "serious issues." Many of these issues, according to the auditor's report, occurred under the previous administration and mirrored issues identified in an earlier audit conducted by APA in 2000.

The report also included 90 recommendations for fulfillment by KSU.

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