Vice Chair Moyer queried whether endowment income was from the University's endowment, the Foundation's endowment, or both. He also asked whether income from the Foundation's endowment appears anywhere in the report.
Regent Dukes asked why the operating expenses appeared to be double what was previously budgeted. She further asked whether campus stakeholders involved in providing input regarding the FY26 budget would be given a template to assist them with providing more thorough information.
As VP Dunaway presented the Auxiliary budget, Vice Chair Moyer requested that she provide perspective as to the salaries and wages budget-to-actual numbers. He further inquired how the outstanding student receivables resolves throughout the year and what VP Dunaway anticipates that number to look like in six months.
MOTION by Regent Dukes:
Move the Committee to adjourn.
Seconded by Regent Ramsey and passed without dissent.
The meeting was adjourned at 10:26 a.m.
Submitted by:
Zachary Atwell, Secretary
Board of Regents
Kentucky State University