Approve tuition, fees, and other charges;

Approve all loans, borrowing and issuance s of bonds;

Approve, after consultation with the President, any administrative structure and plan of organization needed for the successful conduct of the University;

Act as a policy-making body by approving the University's policies of governance and operations in areas including, but not limited to, human resources, information technology, public relations and development;

Entrust the internal administration of the University to the President in accordance with the duly established governing Board policies and administrative regulations;

Grant diplomas and confer degrees upon the recommendation of the President and faculty;

Periodically evaluate the University's progress in implementing its mission, goals, and objectives according to its strategic agenda, and hold University officers and officials accountable for the status of the University's progress;

Promulgate state financial management administrative regulations in accordance with KRS 164A.560 and delegate the responsibilities for these functions to the President of the University. These financial management functions include purchasing and the acquiring, receiving, depositing, collecting, retaining, investing, disbursing, and accounting of all funds received or due from any source;

Approve any appropriation, expenditure, disbursement, or contract greater than $100,000, notwithstanding the provisions of KRS 164A.560 and 745 KAR 1:035;

Approve the constitution and bylaws of the Faculty Senate, the Staff Senate, and the Student Government Association, except when they are in conflict with these Bylaws or with governing Board policies;

Periodically review and/or approve the University's vision, mission, and proposed long-range strategic plans;

uwave Commit to, and abide by, the major responsibilities of this governing Board, as set out in these Bylaws and the Kentucky Revised Statutes, including:

Defining clarifying, and approving the University's vision, mission, and long-range plans; and

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Evaluating regularly the Board's responsibilities, expectations, and performance as well as the performance of the President; and

(u)____Accept the spirit of academic freedom and collegial governance as fundamental Deleted: P