Finance and Audit Committee: May 13, 2014
The Finance and Audit Committee met on May 13, 2014. Chairman Rand Berney presided. Action taken and topics discussed included the following:
- Reviewed 3rd Quarter FY14 operating forecast.
- Reviewed mechanism to fund liquidity reserves components applying year end surplus.
- Received update on FY14 Year End audit.
- Reviewed and approved KSUF CEO and KSU President & Cabinet 3rd Quarter FY14 expenses from private funds.
- Approved funding for the comprehensive planning of the North Campus.
- Approved funding for the KSUF HQ Expansion.
- Approved Bill Snyder Family Stadium Phase III north side loan agreement.
- Approved Granting Pledges towards Bill Snyder Family Stadium Phase III north side construction financing