KENTUCKY STATE UNIVERSITY BOARD OF REGENTS FINANCE & ADVANCEMENT COMMITTEE REGULAR MEETING

Meeting Was Conducted in Person and by Teleconference

Thursday, January 30, 2025 9:00 a.m. EST

Board of Regents Room Julian M. Carroll Academic Services Building, 2nd Floor 400 East Main Street Frankfort, Kentucky 40601 (Primary Physical Location)

MINUTES *****

I. Call To Order

The Committee’s Vice Chair, Regent Charles Moyer, PhD, called the meeting to order at 9:02 a.m.

II. Roll Call

The Board's Secretary, Zachary Atwell, called the roll:

Regent Edward Hatchett, Chair Not Present

Regent Charles Moyer, PhD, Vice Chair Present

Regent Michael Adams, Jr. Not Present

Regent Tammi Dukes Present

Regent Jonathan Rabinowitz Present

Regent Robert Ramsey, Sr. Present

Four (4) Regents were in attendance and present at roll call. A quorum was therefore established.

III. Approval of the Agenda

MOTION by Regent Dukes:

Move the Committee to approve the agenda of the January 30, 2025, meeting of the Finance & Advancement Committee.

Seconded by Regent Ramsey and passed without dissent.

IV. Information Items

A. Fiscal Year 2023 Audit Status Report

This agenda item was presented by Ms. Vicki Dunaway, VP, Finance & Administration, and CFO. VP Dunaway began by introducing the University's new Controller, Dr. Melissa Hicks. President Akakpo then provided the 2023 audit status report, stating that he spoke with the senior principal