Engagement of outside advisors and counsel for the Board.

Approval of the employment of faculty members at the administrative level, and staff employees at the vice-presidential level and above, and fixing of their compensation and tenure of service.

Approval of all administrative employment contracts offered to KSU employees prior to execution.

Approval of salary and benefit ranges for all KSU personnel.

Approval of the creation and elimination of employment positions.

Approval of KSU's annual budget and any material changes to it.

Approval of tuition, fees, and other charges.

Approval of all loans, borrowing, and issuances of bonds.

Approval of any administrative structure and plan of organization for KSU.

Approval of KSU's policies of governance and operations.

Granting of diplomas and conferring of degrees, upon the recommendation of the President and faculty.

Promulgation of state financial management administrative regulations in accordance with KRS 164.560.

Approval of any appropriation, expenditure, disbursement, or contract exceeding $1,000,000 in a single fiscal year.

Approval of any legal settlement with a settlement amount of more than $300,000.

Approval of the constitution and bylaws of the Faculty Senate, the Staff Senate, and the Student Government Association.

Approval of namings.

Periodic review and approval of KSU's vision, mission, and proposed long-range strategic plans.

Acquisition or disposal of an interest in real property, the duration of which interest exceeds two (2) years' time.

Engagement of a qualified firm of certified public accountants for the institutional audit.

Establishment of a fund for excellence under KRS 164A.620.

Recommendation for faculty tenure and administrative promotion decisions (President recommends to the Board for approval).