8

Regent McFayden said the university has the same recurring problems with finances. The issue with cash receipts has not been fixed; food services needs to be addressed (Gordon Rowe and Greg Rush are working on a new deal). The Internal Auditor will now report directly to the Board, which is what Regent McFayden would prefer, as opposed to the Internal Auditor reporting directly to the University President.

Regent McFayden serves as the Chair of the External Relations Committee of the Board. He has requested information, repeatedly, for data, such as how much external relations cost, how many people are the payroll, and how the university decides titles and funding. As an example, Regent McFayden noted that the university is paying a web designer between $85,000 and $90,000. Even though we have this web designer on salary, we send out bids for someone to redesign the webpage. We likely have students on campus who could work on the webpage for the experience.

Regent McFayden noted that at this time last year, there was $90,000 in gifts to the university. This year, there is $9,000. He argued that we are failing considerably in this area.

There was discussion that more scholarships need to be given to alumni organizations to disseminate so that out-of-state tuition can be brought in line with in-state. A senator pointed out that typically for graduate students, assistantships will nullify the difference of in-state and out-of-state tuition, but not at KSU.

A guest asked if there had been talk about an enrollment management plan. Regent McFayden replied there was not a vote on one. The document the university is working with currently is not specific enough. This document has been circulating on campus. Another guest asked what the plan says, and Regent McFayden responded that it speaks only in generalities, such as we need to work harder to recruit students.

Graduate Director James Obielodan added that the Graduate Council has recently addressed the out-of-state tuition waiver issue.

Chair Rye asked about how much money the university spends on consultants. Regent McFayden replied that he has not seen any report on how Foundation money is spent.

Time expired.

A quorum was lost at 5:05pm.

Respectfully submitted, Joe Moffett, Faculty Senate Secretary

[Approved, as distributed, by Senate at the 11/14/2016 meeting]