Regent McFayden expressed his disappointment with the outcome of the insurance situation. This was known nine months ago and no action was taken in a timely fashion. He reiterated his desire for a faculty task force. He said other institutions increase contributions when costs go up but it appears that KSU's contribution has actually gone down except for employees making less than $30,000.
A Senator expressed the opinion that with the number of administrators and assistants hired it would seem it is their job to research and secure insurance options. A task force would result in faculty again taking on responsibilities because the administrators are not capable. McFayden responded that the administrators do what is “best for themselves” and that faculty need to so the same.
A Senator asked when the administration actually began to address the situation. McFayden said that emails began in June but it is a question as to when work actually began. The Senator said that when enrollment was far short the administration continued to drag their feet and we are the recipients of poor budgetary practices.
Chair Ross reported that the committee has still not received an itemized budget and read a letter out- loud that he sent to President Burse on behalf of BASC, again requesting a line-item complete copy of the budget, excerpted below:
"...We understand the budget was built on projected enrollment of 1895 students and as of October 1 there were 1100 Full Time undergraduate (FT=12 hours) and 92 Full Time Graduate (FT=9 hours) students enrolled. It is our understanding that every 100 fewer students represents approximately $1.25 - 1.5 million in lost revenue. Citing the Budget Memorandum FY 16 Budget Kentucky State University, that accompanied the Board of Regents approval of the FY 16 budget: Citing Pg. 1 Revenue: