Audit Committee:
Regent Barfield presented the Audit Committee report. Regent Barfield advised the board that the Internal Audit firm, Troncconi and Associates had completed a review of the Financial Aid area. Additional review of grants will be undertaken as well.
No action items were reported.
VII. Closed Session:
Action: Motion was made to convene a closed session to discuss personnel matters, pending litigation and property acquisition pursuant to the Kentucky Open Meetings Act. The motion was made by Regent Henry and seconded by Regent Williams. The motion passed, 9-0.
The Board discussed pending litigation, property acquisition and personnel matters. The Board took no action in Closed Session.
The Board reconvened in Open Session. No action was taken.
VIII. Adjournment:
Action: Motion was made by Regent McFayden and seconded by Regent Lysonge. The motion passed 9-0.
The meeting adjourned at 4:47 p.m.
Submitted by:
Lori A. Davis, Secretary
Kafen W. Bearden, Chair
General Counsel Board of Regents
Kentucky State University
Kentucky State University
___ Approved with no corrections Kentucky State University
___ Approved with corrections