• Periodically evaluate the University’s progress in implementing its mission, goals, and objectives to conform to the strategic agenda, and hold University officers and officials accountable for the status of the University’s progress;
  • Promulgate state financial management administrative regulations in accordance with KRS 164A.560, and delegate the responsibilities for these functions to the president of the University. These financial management functions include: acquisitions of funds, purchasing, and receiving, depositing, collecting, retaining, investing, disbursing and accounting for all funds received or due from any source;
  • Approve any appropriation, expenditure, disbursement or contract greater than $50,000, notwithstanding the provisions of KRS 164A.560 and 745 KAR 1:035;
  • Approve the Constitution and By-Laws of the Faculty Senate, the Staff Council, and the Student Government Association, except where in conflict with these Bylaws or with governing Board Policies;
  • Periodically review and/or approve University vision, mission, and proposed long-range strategic plans;
  • Become familiar with, committed to, and abide by, the major responsibilities of this governing board, as set out in these Bylaws and the Kentucky Revised Statutes, including:
  • defining and clarifying the vision, mission and approving long-range plans; and
  • assessing periodically the Board's performance and that of the President; and
  • Accept the spirit of academic freedom and collegial governance as fundamental characteristics of University governance.

Bylaws Kentucky State University Board of Regents Effective Date: January 23, 2015 (Approved KSU Board of Regents) Page 3 of 15