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KENTUCKY STATE UNIVERSITY BOARD OF REGENTS AGENDA ITEM BACKGROUND

To: Board of Regents Finance and Business Committee Date: January 23, 2009

From: Alice B. Johnson Vice President for Finance and Business Affairs

Subject: Budget Update

Reason for Consideration: Informational Enclosures: Yes

Background: The area of Budget has completed the following tasks resulting in the outcomes listed below:

  1. Budget Planning Guidelines FY2009/10. Communicated the draft copy to Cabinet members. The document provides an overview of the FY2009/10 Budget Planning Process
  2. Conducted training sessions for Budget Transfer Reviewable Session. Three one hour training sessions were conducted to creators of budget transfers.
  3. Established Control Criteria for FY2009/10 in Budget Development System. The system is ready for input of data for FY 2009/10 budget information.
Initiator:Claudine Gee Director of Budget
Board Action Date:January 23, 2009
Effective Date:January 23, 2009

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