Finance and Administration:
Regent Whitehead presented the Finance and Administration Committee report. Regent Whitehead informed the Board that the Unaudited Financial Statements will be ready for review at the January 2012 board meeting.
A summary of the activities of Finance and Business was included in the Board book.
No action items were reported.
Audit Committee:
Regent Barfield invited President Sias to present the Audit Committee report. President Sias stated that Dr. Ralph Kimbrough had resigned from the university and that a Request for Proposals (RFP) for internal auditing services was issued. Four accounting firms have applied to provide these services.
No action items were reported
External Relations and Development:
Regent Whitehead presented the External Relations and Development report. He provided a summary of the accomplishments of the Offices of Alumni Relations, Public Relations, Information Technology, Auxiliary Enterprises, and Capital Planning, Construction and Facilities.
Regent Whitehead stated that announcements regarding the KSU Capital Campaign would be forthcoming and requested that everyone support the efforts of the campaign.
Regent Whitehead informed the board that KSU commercials had been run on the television network, MSNBC.
Regent Whitehead further complimented the staff for the wonderful Homecoming festivities.
The BANNER system implementation is progressing and continual updates are being completed.
Housing Occupancy is at 92% and the university plans to seek funding for new dorms.
A summary of the activities of External Affairs was included in the Board book.
No action items were reported.
Minutes Board of Regents Meeting October 28, 2011
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