Approval of Policy Rescission – Authorized Signature Policy.
On June 3, 2021, the Kentucky State University Board of Regents approved an Authorized Signature Policy that not only required all agreements to be signed with a “wet” signature, but the Authorized Signature Policy also granted authority to University personnel to obligate Kentucky State University for expenditures that were $5,000 or less.
By rescinding the Authorized Signature Policy, Kentucky State University will improve the efficiency of University operations.
By rescinding the Authorized Signature Policy, Kentucky State University will also increase operational control over spending and the budget.
Interim President Ronald A. Johnson recommends that the Kentucky State University Board of Regents approve the recession of the Authorized Signature Policy.
Rescind the Authorized Signature Policy.