that this process will prevent students from matriculating who have not made the required payments.
Another question was asked regarding the revenue stream for the University's Homecoming. President Burse advised that the primary revenue source for these expenses occurs through collection of student fees. The University will provide a breakdown of upcoming Homecoming revenues and expenses for the Board's review.
Action: Motion to approve the Fiscal Year 2016 Budget as presented. The motion was made by Regent McFayden and seconded by Regent Guarnieri. The motion passed 9-0.
President Burse advised that Dr. Lorna Shaw-Berbick has been selected as Dean of the University after a national search. Her vita was shared with the Board. Dr. Shaw-Berbick was introduced to the Board. President Burse sought the Board's approval and ratification of Dr. Shaw-Berbick as the Dean of the University with tenure as Professor in the College of Arts and Sciences, Fine Arts Department in the area of Speech and Communication.
Action: Motion to approve and ratify the appointment of Dr. Lorna Shaw-Berbick as Dean of the University and as Professor with tenure. The motion was made by Regent McFayden and seconded by Regent Lysonge. The motion passed 9-0.
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 Reddy and seconded by Regent Whitehead at 10:50 a.m. The motion passed, 9-0.
The Board reconvened in open session at 11:52 a.m. The Board discussed pending litigation, property acquisition and personnel matters. The Board took no action in closed session.
No closing remarks were offered.