They want to follow policy and comply with reporting but were told not to. This was truly an issue with senior leadership.
MOTION by Regent J antzen:
Move the Board to approve the biennial budget request to cover the projected FY 21-22 cash shortfall of $23 million and an additional $1 million per year for the biennium strategic initiatives.
Seconded by Regent Banks and passed without dissent.
Mr. Powell reported that the broad areas of the Management and Improvement Plan include a comprehensive cataloging of university policies and procedures; guidelines for salaries and benefits; Board member training and development; organizational structure and development of human infrastructure; academic program offerings, course offerings, and faculty productivity guidelines; accounting and fiscal reporting systems, collections, budget and internal controls over expenditures, and financial reporting; and student success and enrollment management strategies.
MOTION by Regent Reynolds:
Move the Board to approve the areas for the Management and Improvement Plan. Seconded by Regent Banks and passed without dissent.
Mr. Powell stated that the Presidential Search Committee will be composed of eleven (11) members, including one representative from the CPE selected by the CPE President who will serve as chair of the search committee; two KSU students, elected by the Student Government Association; two KSU faculty Members, elected by the Faculty Senate; two KSU staff members, elected by the Staff Senate; two KSU Alumni, elected by the KSU Alumni Association; two Frankfort community members, selected by the CPE President; one (1)-Frankfort community at-large representative; and one Frankfort K-12 Representative. The selected or elected presidential search committee members shall not be current members of the KSU Board of Regents.
The Search Committee is charged with identifying finalists for the KSU President; preparing a report for the Board of Regents that will provide a summary of the search process; identifying and evaluating candidates, including the strengths and areas of concern of each of the finalists; and making a recommendation to the Board of Regents of no more than three but not less than two finalists. The Committee will work with the executive search firm selected by the Board of Regents through the RFP process.
Move the Board to approve the Presidential Search Committee Composition and Charge.
Seconded by Regent Harnice and passed without dissent.
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