granted, the Budget Manager will conduct training sessions for end users in all department's campus wide.

Current policy requires all purchases $5k and below are approved by CFO and/or AVP of Finance and Administration. All purchases $5k or more are approved by CFO, AVP Finance and Administration, President and CPE. Greater than 50k require President, Board, and CPE approvals. Purchases must conform to the KSU Purchasing policy and when applicable KY Model Procurement Code and the Government Contract Review Committee. Progressive discipline actions are pursued, end of year of performance appraisal, goals and objectives- meet or exceeds personnel performance plans, formal training- start of fiscal year. Mid-year review- documented and retained in personnel files. The Budget Director will provide an overview of the process to the Board prior to implementation.

The Budget Director will provide an overview of the process to the Board during scheduled Board meetings. The revised budget policy dated May 29, 2019 will be submitted to the Board for review and approval. Once approved, department training will be conducted on the new/revised policy.

Budget preparations shall commence no later than sixty days prior to Board submission to allow sufficient time for the Board to comprehensively review and analyze the budget before voting for approval. Preliminary drafts budget will be discussed with Finance and Administration Committee.

Thirty (30) days after preliminary budgets are submitted at the schedule Board meeting in quarterly Board meeting in April.

The preventive control in the Banner system is the ability to turn on Non-Sufficient Funds (NFS) to prevent overspending and generating budget to actual reports 5 days after close, this information is presented to CPE and the Board. Manual reports are being reviewed - Board is being used and Argos being used to validate the results then Interfaced with Banner to produce reports.

KSU current policy requires all purchases $5k and below are approved by CFO and/or AVP of Finance and Administration. All purchases $5k or more are approved by CFO, AVP Finance and Administration, President and CPE. Greater than 50k require President, Board, and CPE approvals. Purchases must conform to the KSU Purchasing policy and when applicable KY Model Procurement Code and the Government Contract Review Committee. Progressive discipline actions are pursued, end of year of performance appraisal, goals and objectives- meet or exceeds personnel performance plans, formal training- start of fiscal year. Mid-year review- documented and retained in personnel files. The Budget Director will provide an overview of the process to the Board prior to implementation.