reglab/statecodes huggingface dataset:
Kentucky Administrative Regulations › Title 740 - UNIVERSITY OF LOUISVILLE › Chapter 1 - Board of Trustees › Section 740 KAR 1:110 - Delegation of financial management responsibility

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.560
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560(1) permits
				governing boards of each public institution of higher education which has
				elected by administrative regulation to implement the financial management
				functions authorized by KRS 164A.555 to 164A.630 to delegate those
				responsibilities by administrative regulation to appropriate officials of the
				university. This administrative regulation provides for such
				delegations.
Section 1. The Board of
			 Trustees of the University of Louisville authorizes the president, by formal,
			 written assignment, to delegate any portion of his authority conferred by
			 financial management administrative regulations,  740 KAR 1:010 to  740 KAR 1:090, to the Vice President for Administration except as provided in Section 4
			 of this administrative regulation.
Section
			 2. University of Louisville officials, to whom the president has
			 delegated certain financial management responsibilities pursuant to this
			 administrative regulation, are authorized to subdelegate those responsibilities
			 or any portion thereof to their deputies and subordinates to the extent
			 authorized by the president. All such subdelegations shall be made in writing
			 and reported to the president.
Section
			 3. Any University of Louisville official with authority derived
			 from a delegation or subdelegation under this administrative regulation shall
			 furnish a copy of his delegation or subdelegation upon request of any vendor or
			 member of the public. All such delegations or subdelegations are terminated
			 immediately upon suspension of the individual's employment at the
			 university.
Section 4. No official,
			 including the president, is authorized by the University of Louisville Board of
			 Trustees to acquire or dispose of an interest in real property, the duration of
			 which interest exceeds two (2) years time, without action of the Board of
			 Trustees or its Executive Committee.
STATUTORY AUTHORITY: KRS 164A.555-164A.605
Kentucky Administrative Regulations › Title 745 - Kentucky State University › Chapter 1 - Board of Regents › Section 745 KAR 1:015 - Fund acquisition and disbursement

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.560, 164A.565
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 permits the
				governing board of each public institution of higher education to elect to
				perform financial management functions in accordance with KRS 164A.555 to
				164A.630 by issuing administrative regulations to do so. This administrative
				regulation implements the provisions of KRS 164A.560 and 164A.565 at Kentucky
				State University.
Section 1. The Board
			 of Regents of Kentucky State University elects to perform the financial
			 management functions set forth in KRS 164A.560(2), related to the receipt,
			 deposit, collection, retention, investment, disbursement, and accounting of all
			 funds, and set forth in KRS 164A.565 related to the installation of an accrual
			 basis accounting system, other records, and annual reports.
Section 2. The Board of Regents of Kentucky
			 State University elects to comply with KRS 164A.560(2)(b), to limit
			 disbursements to the accounts and for the purposes for which the state
			 appropriations, or other monies have been received for through the enacting
			 resolution of the institution's annual operating budget.
Section 3. The Board of Regents of Kentucky
			 State University shall install an accrual basis accounting system and fund
			 structure in conformance with generally accepted accounting principles and
			 procedures established for colleges and universities by the National
			 Association of College and University Business Officers and the American
			 Institute of Certified Public Accountants, and shall act to ensure further
			 compliance with KRS 164A.565(2), (3), (6), (7), and (8).
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 745 - Kentucky State University › Chapter 1 - Board of Regents › Section 745 KAR 1:025 - Institutional audit

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.570
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 permits the
				governing board of each public institution of higher education to elect to
				perform financial management functions in accordance with KRS 164A.555 to
				164A.630 by issuing administrative regulations to do so. This administrative
				regulation implements the provision of KRS 164A.570 at Kentucky State
				University.
Section 1. The Board of
			 Regents of Kentucky State University shall engage a qualified firm of certified
			 public accountants for the purpose of submitting an independent opinion and
			 preparing a report of findings and recommendations concerning internal
			 accounting controls and procedures on the compliance with KRS 164A.555 to
			 164A.630. The engagement of the accounting firm, scope of the audit, and report
			 of findings shall be in accordance with the provisions of KRS 164A.570.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 745 - Kentucky State University › Chapter 1 - Board of Regents › Section 745 KAR 1:035 - Procurement procedures

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.575
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 authorizes
				the governing board of a public institution of public higher education to elect
				to perform financial management functions in accordance with KRS 164A.555 to
				164A.630 by promulgating administrative regulations and it also authorizes the
				board to delegate these responsibilities to an institution official. This
				administrative regulation implements the provisions of KRS 164A.560(1) and
				164A.575 at Kentucky State University.
Section
			 1. The Board of Regents of Kentucky State University, under the
			 authorization of KRS 164A.560, elects to perform the financial management
			 functions specified in KRS 164A.575, Sections (1), (2), (3), (4), (5), (6),
			 (7), (8), (9), (11), (12), (13), (14), (15), (16), (17), and (18).
Section 2. The president of the university
			 shall be authorized by the Board of Regents of Kentucky State University to
			 perform the financial management functions specified in KRS 164A.575, Sections
			 (1), (2), (3), (4), (5), (6), (7), (8), (9), (11), (12), (13), (14), (15),
			 (16), (17), and (18).
Section 3.
			 The president of the university shall be authorized by the Board of Regents of
			 Kentucky State University to negotiate with vendors as authorized by KRS 164A.575.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 745 - Kentucky State University › Chapter 1 - Board of Regents › Section 745 KAR 1:045 - Bond issue

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.605
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 permits the
				governing board of each public institution of higher education to elect to
				perform financial management functions in accordance with KRS 164A.555 to
				164A.630 by issuing administrative regulations to do so. This administrative
				regulation implements the provision of KRS 164A.605 at Kentucky State
				University.
Section 1. The Board of
			 Regents of Kentucky State University, under the provisions of KRS 164A.560,
			 elects the authority to issue bonds subject to the conditions as set forth in
			 KRS 164A.605.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 745 - Kentucky State University › Chapter 1 - Board of Regents › Section 745 KAR 1:055 - Fund for excellence

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164.410, 164A.620
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 permits the
				governing board of each public institution of higher education to elect to
				perform financial management functions in accordance with KRS 164A.555 to
				164A.630 by issuing administrative regulations to do so. This administrative
				regulation implements the provision of KRS 164A.620 at Kentucky State
				University.
Section 1. The Board of
			 Regents of Kentucky State University, under the provisions of KRS 164A.560,
			 elects and authorizes the establishment of a fund for excellence under the
			 conditions and for the purposes set forth in KRS 164A.620.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 745 - Kentucky State University › Chapter 1 - Board of Regents › Section 745 KAR 1:060 - Delegation of financial management responsibility

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.555-164A.605
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 permits the
				governing boards of public institutions of higher education to elect to perform
				financial management functions per KRS 164A.555 to 164A.630 by issuing
				administrative regulations to do so. These administrative regulations implement
				the provision of KRS 164A.605 at Kentucky State University. The scheduled
				implementation date of this administrative regulation is July 1, 1986.
Section 1. The Board of Regents of Kentucky
			 State University authorizes the president, by formal, written assignment, to
			 delegate any portion of this authority to the Vice President for Business
			 Affairs, except as provided in Section 4 of this administrative
			 regulation.
Section 2. Kentucky
			 State University officials to whom the president has delegated certain
			 financial management responsibilities pursuant to this administrative
			 regulation, are authorized to sub-delegate those responsibilities or any
			 portion thereof to their deputies and subordinates to the extent authorized by
			 the president. All such subdelegations shall be made in writing and reported to
			 the president.
Section 3. Any
			 Kentucky State University official with authority derived from a delegation or
			 sub-delegation under this administrative regulation shall furnish a copy of his
			 delegation or subdelegation upon request of any vendor or member of the public.
			 All such delegations or subdelegations are terminated immediately upon
			 suspension of the individual's employment at the university.
Section 4. No official, including the
			 president, is authorized by Kentucky State University Board of Regents to
			 acquire or dispose of an interest in real property, the duration of which
			 interest exceeds two years time, without action of the Board of
			 Regents.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 750 - SCHOOL FACILITIES CONSTRUCTION COMMISSION › Chapter 1 - Procedures › Section 750 KAR 1:010 - Commission procedures

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 157.420, 157.440, 157.611, 157.615, 157.617,
				157.620, 157.622,  Pub.L. 111-5
NECESSITY, FUNCTION, AND CONFORMITY: KRS 157.617(1) authorizes
				the School Facilities Construction Commission (SFCC) to promulgate
				administrative regulations for the orderly conduct of its affairs, including
				assisting local school districts to meet the school construction needs of the
				state. KRS 157.622(4) requires the SFCC to promulgate an administrative
				regulation governing allocations of state funds to eligible school districts.
				This administrative regulation establishes the procedures the SFCC utilizes in
				determining eligibility, determining the level of participation of each local
				school district, making the offer of assistance to the local school districts,
				determining allowable expenditure of funds, cumulating credit for those
				districts that maintain their eligibility, but do not have sufficient funds to
				complete their first priority project, and allocating savings from
				refinancing.
Section 1. Definitions.
(1) "Available local revenue" is defined by
			 KRS 157.615(1).
(2) "Daily
			 interest" means the total interest divided by the number of days in the first
			 coupon.
(3) "Eligible district" is
			 defined by KRS 157.615(16).
(4)
			 "Level repayment schedule" means a repayment schedule in which the combined
			 annual amount of principal and interest payments for each issue of bonds
			 remains relatively constant over the life of the issue.
(5) "Maximum annual repayment amount" means
			 the maximum aggregate total of SFCC annual payments for all bonds issued for a
			 particular school district in which the SFCC has participated. If a bond series
			 has been refunded, the original issue and debt schedule shall be the one used
			 in making this computation.
(6)
			 "Offer of assistance" means the amount available for a school district from a
			 current biennium along with any allocation available from a prior period which
			 has not expired according to KRS 157.622(5) and (6).
(7) "SFCC" means the School Facilities
			 Construction Commission.
(8) "Total
			 interest" means the first gross interest payment of the debt service for the
			 SFCC portion of the schedule.
Kentucky Administrative Regulations › Title 750 - SCHOOL FACILITIES CONSTRUCTION COMMISSION › Chapter 1 - Procedures › Section 750 KAR 1:030 - Emergency and Targeted Investment Fund

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 157.618
NECESSITY, FUNCTION, AND CONFORMITY: KRS 157.618(5) requires
				the School Facilities Construction Commission to promulgate administrative
				regulations to establish the process to apply for and receive funds from the
				Emergency and Targeted Investment Fund. This administrative regulation
				establishes the application procedure and requirements for the commission to
				determine eligibility for funding from the emergency and targeted investment
				fund due to an unforeseen emergency or the expectation that the facility will
				be rendered structurally uninhabitable.
Section
			 1. Definitions.
(1) "Applicant"
			 means any local public school district that has submitted an application to the
			 authority for an offer of assistance from the emergency and targeted investment
			 fund and meets the definition of a "common school" under KRS 158.030.
(2) "Application" means the information
			 submitted by an applicant to obtain an offer of assistance, including the need
			 for a specific project and financial information necessary to determine
			 eligibility for assistance from the emergency and targeted investment
			 fund.
(3) "Available local
			 revenues" is defined by KRS 157.615(1).
(4) "Commission" means the School Facilities
			 Construction Commission.
(5) "Core
			 academic facility" means a public elementary or secondary educational
			 institution that is under the administrative control of a principal and is not
			 a program or part of another school, except for district-operated schools that
			 are exclusively:
(a) Vocational-technical,
			 special education, or preschool programs;
(b) Instructional programs operated in
			 institutions or schools outside of the district; or
(c) Alternative schools designed to provide
			 services to at-risk populations with unique needs.
(6) "Offer of assistance" means a direct loan
			 or grant made to the applicant from the emergency and targeted investment
			 fund.
Kentucky Administrative Regulations › Title 750 - SCHOOL FACILITIES CONSTRUCTION COMMISSION › Chapter 2 - Education Technology Funding Program › Section 750 KAR 2:010 - Education Technology Funding Program guidelines

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 157.615, 157.650, 157.655, 157.660,
				157.665
NECESSITY, FUNCTION, AND CONFORMITY: KRS 157.617(1) authorizes
				the commission to promulgate administrative regulations necessary for the
				orderly conduct of its affairs, which includes the education technology funding
				program. KRS 157.660(3) requires the commission to promulgate administrative
				regulations by which a district that receives an offer of assistance but does
				not have the local match shall be able to accumulate a credit for the state
				offer of assistance for a period not to exceed three (3) years. This
				administrative regulation establishes the procedures and guidelines for
				determining the eligibility and level of participation for a local public
				school district, for making an offer of assistance to a school district, for
				verifying a local public school district funding match, and for the
				accumulation of credits by a local public school district that maintains its
				eligibility.
Section 1. Sources of
			 Local Matching Funds. A local public school district shall match the state
			 offer of assistance from:
(1) Available state,
			 local district, and federal funds not otherwise restricted by the appropriate
			 governing agency;
(2) The proceeds
			 of a revenue bond or note that is:
(a) Issued
			 on behalf of a district to purchase technology equipment supported by the
			 district's general fund; and
(b) To
			 be retired within three (3) years from the date of issuance;
(3) A vendor or third party lender
			 lease;
(4) A grant from a private
			 source;
(5) Interest earned by a
			 district on a school building construction account, if the interest is not
			 already committed for expenditure on the construction project; or
(6) Interest earned on the "Education
			 Technology Fund" account.
Kentucky Administrative Regulations › Title 760 - NORTHERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 760 KAR 1:010 - Acquisition and disbursement of funds

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.560, 164A.565
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 vests the
				responsibility with the governing board of a public institution of higher
				education to elect to perform financial management functions in accordance with
				KRS 164A.555 to 164A.630 by issuing administrative regulations. The function of
				this administrative regulation shall be to implement the provisions of KRS 164A.560(1) and KRS 164A.575 at Northern Kentucky University.
Section 1. The Board of Regents of Northern
			 Kentucky University, under the authorization of KRS 164A.560, elects to perform
			 the financial management functions specified in KRS 164A.560(2).
Section 2. The Board of Regents of Northern
			 Kentucky University, under the authorization of KRS 164A.560, shall establish
			 an accrual basis accounting system and perform the financial management
			 functions specified in KRS 164A.575, Sections (2), (3), (6), (7) and
			 (8).
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 760 - NORTHERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 760 KAR 1:020 - Annual audit

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.570
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 vests the
				responsibility with the governing board of a public institution of higher
				education to elect to perform financial management functions in accordance with
				KRS 164A.555 to 164A.630 by issuing administrative regulations. The function of
				this administrative regulation shall be to implement the provisions of KRS 164A.570 at Northern Kentucky University.
Section
			 1. The Northern Kentucky University Board of Regents shall engage
			 a qualified firm of certified public accountants pursuant to KRS 164A.570.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 760 - NORTHERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 760 KAR 1:030 - Purchasing; inventories; sales of surplus property; bidding procedures

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.575
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 vests the
				responsibility with the governing board of a public institution of higher
				education to elect to perform financial management functions in accordance with
				KRS 164A.555 to 164A.630 by issuing administrative regulations. The function of
				this administrative regulation shall be to implement the provisions of KRS 164A.570 at Northern Kentucky University.
Section
			 1. The Board of Regents of Northern Kentucky University, under the
			 authorization of KRS 164A.560, elects to perform the financial management
			 functions specified in KRS 164A.575, Sections (1), (2), (3), (4), (5), (6),
			 (7), (8), (10), (11), and (12).
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 760 - NORTHERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 760 KAR 1:040 - Delegation of financial management responsibility

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.560
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 vests the
				responsibility with the governing board of a public institution of higher
				education to elect to perform financial management functions in accordance with
				KRS 164A.555 to 164A.630 by issuing administrative regulations. It also permits
				the board to delegate these responsibilities to an institution official. The
				function of this administrative regulation is to delegate responsibilities to
				the president of the university.
Section
			 1.
(1) The president of the
			 university shall be authorized by the Board of Regents of Northern Kentucky
			 University to perform the financial management functions specified in KRS 164A.565, 164A.575, and 164A.620.
(2) The president shall be responsible for
			 submitting to the State Property and Buildings Commission information and
			 requests for approval of any bond project approved by the Board of
			 Regents.
Kentucky Administrative Regulations › Title 760 - NORTHERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 760 KAR 1:050 - Issuance of bonds

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.605
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 vests the
				responsibility with the governing board of a public institution of higher
				education to elect to perform financial management functions in accordance with
				KRS 164A.555 to 164A.630 by issuing administrative regulations. It also permits
				the board to delegate these responsibilities to an institution official. The
				function of this administrative regulation shall be to implement the provisions
				of KRS 164A.605 at Northern Kentucky University.
Section 1. The Northern Kentucky University
			 Board of Regents, under the provision of KRS 164A.560, elects the authority to
			 issue bonds subject to the conditions as set forth in KRS 164A.605.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 760 - NORTHERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 760 KAR 1:060 - Fund for excellence

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164.410, 164A.620
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 vests the
				responsibility with the governing board of a public institution of higher
				education to elect to perform financial management functions in accordance with
				KRS 164A.555 to 164A.630 by issuing administrative regulations. It also permits
				the board to delegate these responsibilities to an institution official. The
				function of this administrative regulation shall be to implement the provisions
				of KRS 164A.620 at Northern Kentucky University.
Section 1. The Northern Kentucky University
			 Board of Regents authorizes the establishment of a fund for excellence pursuant
			 to KRS 164A.620.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 760 - NORTHERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 760 KAR 1:070 - Capital construction procedures

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.575, 164A.580, 164A.585, 164A.590,
				64A.595, 164A.600
NECESSITY, FUNCTION AND CONFORMITY: KRS 164A.560 permits
				governing boards of each public institution of higher education to elect to
				perform financial management functions in accordance with KRS 164A.550 to
				164A.630 by issuing regulations to do so. This administrative regulation
				implements the provisions of KRS 164A.575, 164A.580, 164A.585, 164A.590,
				164A.595, and 164A.600 at Northern Kentucky University.
Section 1. The president acting on behalf of
			 the Board of Regents and under the provisions of KRS 164A.560, elects to
			 perform all functions relating to capital construction in accordance with KRS 164A.575, 164A.580, 164A.585, 164A.590, 164A.595 and 164A.600.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 765 - UNIVERSITY OF KENTUCKY › Chapter 1 - Board of Trustees › Section 765 KAR 1:010 - Acquisition and disbursement of funds, accounting system - records and annual report

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.560, 164A.565
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provisions
				of KRS 164A.560 and 164A.565 at the University of Kentucky.
Section 1. The University of Kentucky Board
			 of Trustees elects to perform the financial management functions set forth in
			 KRS 164A.560, Section (2), related to the receipt, deposit, collection,
			 retention, investment, disbursement, and accounting of all funds; and KRS 164A.565 related to the installation of and accrual basis accounting system,
			 other records and annual reports.
Section
			 2. The University of Kentucky Board of Trustees elects to comply
			 with KRS 164A.560, Section (2)(b) to limit disbursements to the accounts and
			 for the purposes for which the state appropriations, or other monies have been
			 received for through the enacting resolution of the institution's annual
			 operating budget.
Section 3. The
			 University of Kentucky Board of Trustees shall use an accrual basis accounting
			 system and fund structure that conforms with generally accepted accounting
			 principles and procedures established for colleges and universities by the
			 National Association of College and University Business Officers and the
			 American Institute of Certified Public Accountants, and shall act to ensure
			 further compliance with Sections (2), (3), (6), (7), and (8) of KRS 164A.565.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 765 - UNIVERSITY OF KENTUCKY › Chapter 1 - Board of Trustees › Section 765 KAR 1:020 - Delegation of financial management responsibility

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.560, 164A.565, 164A.575, 164A.580,
				164A.585, 164A.590, 164A.595, 164A.600, 164A.620
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provision
				of KRS 164A.560 at the University of Kentucky.
Section 1. The University of Kentucky Board
			 of Trustees, under the provision of KRS 164A.560, elects to delegate
			 responsibility for the financial management provisions of KRS 164A.560,
			 164A.565, 164A.575, 164A.580, 164A.585, 164A.590, 164A.595, 164A.600, and
			 164A.620 to the president of the university. Further, the Board of Trustees
			 delegates to the president responsibility for submitting to the State Property
			 and Buildings Commission information and requests for approval of any bond
			 project approved by the Board of Trustees.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 765 - UNIVERSITY OF KENTUCKY › Chapter 1 - Board of Trustees › Section 765 KAR 1:030 - Annual audit

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.570
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provision
				of KRS 164A.570 at the University of Kentucky.
Section 1. The University of Kentucky Board
			 of Trustees elects to engage a qualified firm of certified public accountants
			 for the purpose of submitting an independent opinion concerning the internal
			 accounting controls and compliance with the provisions of KRS 164A.560,
			 164A.565, 164A.575, and 164A.620. The engagement of the qualified firm, scope
			 of the audit, and report of findings shall be in accordance with the provisions
			 of KRS 164A.570.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 765 - UNIVERSITY OF KENTUCKY › Chapter 1 - Board of Trustees › Section 765 KAR 1:040 - Purchase - inventories - sales of surplus property - capital construction procedures

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.575, 164A.580, 164A.585, 164A.590,
				164A.595, 164A.600
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provisions
				of KRS 164A.575, 164A.580, 164A.585, 164A.590, 164A.595, and 164A.600 at the
				University of Kentucky.
Section 1. The
			 University of Kentucky Board of Trustees, under the provisions of KRS 164A.560,
			 elects to purchase and manage interests in real property, contractual services,
			 rentals of all types, supplies, materials, equipment, printing, and services in
			 accordance with KRS 164A.575 and elects to manage and administer capital
			 construction projects in accordance with KRS 164A.580, 164A.585, 164A.590,
			 164A.595 and 164A.600.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 765 - UNIVERSITY OF KENTUCKY › Chapter 1 - Board of Trustees › Section 765 KAR 1:050 - Issuance of bonds

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.605
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provision
				of KRS 164A.605 at the University of Kentucky.
Section 1. The University of Kentucky Board
			 of Trustees, under the provision of KRS 164A.560, elects the authority to issue
			 bonds subject to the conditions as set forth in KRS 164A.605.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 765 - UNIVERSITY OF KENTUCKY › Chapter 1 - Board of Trustees › Section 765 KAR 1:060 - Fund for excellence

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.410, 164A.620
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provision
				of KRS 164A.620 at the University of Kentucky.
Section 1. The University of Kentucky Board
			 of Trustees, under the provisions of KRS 164A.560, elects and authorizes the
			 establishment of a fund for excellence under the conditions and for the purpose
			 as set forth in KRS 164A.620.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 765 - UNIVERSITY OF KENTUCKY › Chapter 1 - Board of Trustees › Section 765 KAR 1:070 - Affiliated corporations

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.610
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provision
				of KRS 164A.610 at the University of Kentucky.
Section 1. The University of Kentucky Board
			 of Trustees, under the provisions of KRS 164A.560, elects to organize and
			 operate one (1) or more affiliated corporations in accordance with KRS 164A.610.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 770 - WESTERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 770 KAR 1:010 - Acquisition and disbursement of funds, accounting system - records and annual report

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.560, 164A.565
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provisions
				of KRS 164A.560 and 164A.565 at Western Kentucky University.
Section 1. The Western Kentucky University
			 Board of Regents elects to perform the financial management functions set forth
			 in KRS 164A.560, Section 2, related to the receipt, deposit, collection,
			 retention, investment, disbursement, and accounting of all funds; and KRS 164A.565 related to the installation of and accrual basis accounting system,
			 other records and annual reports.
Section
			 2. The Western Kentucky University Board of Regents elects to
			 comply with KRS 164A.560, Section (2)(b) to limit disbursements to the accounts
			 and for the purposes for which the state appropriations, or other monies have
			 been received for through the enacting resolution of the institution's annual
			 operating budget.
Section 3. The
			 Western Kentucky University Board of Regents shall use an accrual basis
			 accounting system and fund structure that conforms with generally accepted
			 accounting principles and procedures established for colleges and universities
			 by the National Association of College and University Business Officers and the
			 American Institute of Certified Public Accountants, and shall act to ensure
			 further compliance with Sections (2), (3), (6), (7), and (8) of KRS 164A.565.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 770 - WESTERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 770 KAR 1:020 - Delegation of financial management responsibility

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.560, 164A.565, 164A.575, 164A.620
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provision
				of KRS 164A.560 at Western Kentucky University.
Section 1. The Western Kentucky University
			 Board of Regents, under the provision of KRS 164A.560, elects to delegate
			 responsibility for the financial management provisions of KRS 164A.560,
			 164A.565, 164A.575 and 164A.620 to the president of the university. Further,
			 the Board of Regents delegates to the president responsibility for submitting
			 to the State Property and Buildings Commission information and requests for
			 approval of any bond project approved by the Board of Regents.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 770 - WESTERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 770 KAR 1:030 - Annual audit

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.570
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provision
				of KRS 164A.570 at Western Kentucky University.
Section 1. The Western Kentucky University
			 Board of Regents elects to engage a qualified firm of certified public
			 accountants for the purpose of submitting an independent opinion concerning the
			 internal accounting controls and compliance with the provisions of KRS 164A.560, 164A.565, 164A.575, and 164A.620. The engagement of the qualified
			 firm, scope of the audit, and report of findings shall be in accordance with
			 the provisions of KRS 164A.570.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 770 - WESTERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 770 KAR 1:040 - Purchase - inventories - sales of surplus property procedures

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.575
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provision
				of KRS 164A.575 at Western Kentucky University.
Section 1. The Western Kentucky University
			 Board of Regents, under the provisions of KRS 164A.560, elects to purchase and
			 manage interests in real property, contractual services, rentals of all types,
			 supplies, materials, equipment, printing, and services in accordance with
			 Sections (1), (2), (3), (4), (5), (6), (7), (8), (10), (11), and (12) of KRS 164A.575.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 770 - WESTERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 770 KAR 1:050 - Issuance of bonds

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.605
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provision
				of KRS 164A.605 at Western Kentucky University.
Section 1. The Western Kentucky University
			 Board of Regents, under the provision of KRS 164A.560, elects the authority to
			 issue bonds subject to the conditions as set forth in KRS 164A.605.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 770 - WESTERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 770 KAR 1:060 - Fund for excellence

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164.410, 164A.620
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of
				the public institutions of higher education may elect to perform the financial
				management functions of KRS 164A.555 to KRS 164A.630 by issuing administrative
				regulations to do so. This administrative regulation implements the provision
				of KRS 164A.620 at Western Kentucky University.
Section 1. The Western Kentucky University
			 Board of Regents, under the provisions of KRS 164A.560, elects and authorized
			 the establishment of a fund for excellence under the conditions and for the
			 purpose as set forth in KRS 164A.620.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 770 - WESTERN KENTUCKY UNIVERSITY › Chapter 1 - Board of Regents › Section 770 KAR 1:070 - Capital construction procedures

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.575, 164A.580, 164A.585, 164A.590,
				164A.595, 164A.600
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 authorizes
				governing boards of each public institution of higher education to elect to
				perform financial management functions in accordance with KRS 164A.550 to
				164A.630 through the promulgation of administrative regulations. This
				administrative regulation implements the provisions of KRS 164A.575, 164A.580,
				164A.585, 164A.590, 164A.595, and 164A.600 at Western Kentucky
				University.
Section 1. The Western
			 Kentucky University Board of Regents, under the provision of KRS 164A.560,
			 shall elect to perform all functions relating to capital construction in
			 accordance with KRS 164A.575, 164A.580, 164A.585, 164A.590, 164A.595, and
			 164A.600, and the board shall delegate this responsibility to the president,
			 who shall act on behalf of the board and under the provisions of KRS 164A.560.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 772 - MURRAY STATE UNIVERSITY › Chapter 1 - Board of Regents › Section 772 KAR 1:010 - Acquisition and disbursement of funds, accounting system - records and annual report

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.560,
				164A.565
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards
				of the public institutions of higher education may elect to perform the
				financial management functions of KRS 164A.555 to 164A.630 by issuing
				administrative regulations to do so. This administrative regulation implements
				the provisions of KRS 164A.560 and 164A.565 at Murray State University.
Section 1. The Murray State University Board
			 of Regents elects to perform the financial management functions set forth in
			 KRS 164A.560, Section (2), related to the receipt, deposit, collection,
			 retention, investment, disbursement, and accounting of all funds; and KRS 164A.565 related to the installation of an accrual basis accounting system,
			 other records and annual reports.
Section
			 2. The Murray State University Board of Regents elects to comply
			 with KRS 164A.560, Section (2)(b) to limit disbursements to the amounts and for
			 the purposes for which the state appropriations have been made, or other monies
			 have been received through the enacting resolution of the institution's annual
			 operating budget.
Section 3. The
			 Murray State University Board of Regents shall use an accrual basis accounting
			 system and fund structure that conforms with generally accepted accounting
			 principles and procedures established for colleges and universities by the
			 National Association of College and University Business Officers and the
			 American Institute of Certified Public Accountants, and shall act to ensure
			 further compliance with Sections (2), (3), (6), (7), and (8) of KRS 164A.565.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 772 - MURRAY STATE UNIVERSITY › Chapter 1 - Board of Regents › Section 772 KAR 1:020 - Delegation of financial management responsibility

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.560, 164A.565, 164A.575,
				164A.580, 164A.585, 164A.590, 164A.595, 164A.600, 164A.605,
				164A.620
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards
				of the public institutions of higher education may elect to perform the
				financial management functions of KRS 164A.555 to 164A.630 by issuing
				administrative regulations to do so. This administrative regulation implements
				the provision of KRS 164A.560 at Murray State University.
Section 1. The Murray State University Board
			 of Regents, under the provision of KRS 164A.560, elects to delegate
			 responsibility for the financial management provisions of KRS 164A.560,
			 164A.565, 164A.575, 164A.580, 164A.585, 164A.590, 164A.595, 164A.600, and
			 164A.620 to the president of the university. Further, the Board of Regents
			 delegates to the president responsibility for submitting to the State Property
			 and Buildings Commission information and requests for approval of any bond
			 project approved by the Board of Regents. The Board of Regents authorizes the
			 president to delegate any portion of this authority to the Vice President for
			 Administrative Services or to other appropriate university officials.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 772 - MURRAY STATE UNIVERSITY › Chapter 1 - Board of Regents › Section 772 KAR 1:030 - Annual audit

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.570
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards
				of the public institutions of higher education may elect to perform the
				financial management functions of KRS 164A.555 to 164A.630 by issuing
				administrative regulations to do so. This administrative regulation implements
				the provisions of KRS 164A.570 at Murray State University.
Section 1. The Murray State University Board
			 of Regents elects to engage a qualified firm of certified public accountants
			 for the purpose of submitting an independent opinion concerning the internal
			 accounting controls and compliance with the provisions of KRS 164A.560,
			 164A.565, 164A.575, and 164A.620. The engagement of the qualified firm, scope
			 of the audit, and report of findings shall be in accordance with the provisions
			 of KRS 164A.570.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 772 - MURRAY STATE UNIVERSITY › Chapter 1 - Board of Regents › Section 772 KAR 1:040 - Purchase - inventories - sales of surplus property - capital construction procedures

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.575, 164A.580, 164A.585,
				164A.590, 164A.595, 164A.600
NECESSITY, FUNCTION, AND CONFORMITY:
				The governing boards of the public institutions of higher education may elect
				to perform the financial management functions of KRS 164A.555 to 164A.630 by
				issuing administrative regulations to do so. This administrative regulation
				implements the provisions of KRS 164A.575, 164A.580, 164A.585, 164A.590,
				164A.595, and 164A.600 at Murray State University.
Section 1. The Murray State University Board
			 of Regents, under the provisions of KRS 164A.560, elects to purchase and manage
			 interests in real property, contractual services, rentals of all types,
			 supplies, materials, equipment, printing, and services in accordance with KRS 164A.575 and elects to manage and administer capital construction projects in
			 accordance with KRS 164A.580, 164A.585, 164A.590, 164A.595, and
			 164A.600.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 772 - MURRAY STATE UNIVERSITY › Chapter 1 - Board of Regents › Section 772 KAR 1:050 - Issuance of bonds

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164A.605
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards
				of the public institutions of higher education may elect to perform the
				financial management functions of KRS 164A.555 to 164A.630 by issuing
				administrative regulations to do so. This administrative regulation implements
				the provision of KRS 164A.605 at Murray State University.
Section 1. The Murray State University Board
			 of Regents, under the provisions of KRS 164A.560, elects the authority to issue
			 bonds, subject to the conditions as set forth in KRS 164A.605.
STATUTORY AUTHORITY: KRS 164A.560
Kentucky Administrative Regulations › Title 772 - MURRAY STATE UNIVERSITY › Chapter 1 - Board of Regents › Section 772 KAR 1:060 - Fund for excellence

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 164.410,
				164A.620
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards
				of the public institutions of higher education may elect to perform the
				financial management functions of KRS 164A.555 to 164A.630 by issuing
				administrative regulations to do so. This administrative regulation implements
				the provision of KRS 164A.620 at Murray State University.
Section 1. The Murray State University Board
			 of Regents, under the provisions of KRS 164A.560, elects and authorizes the
			 establishment of a fund for excellence under the conditions and for the purpose
			 as set forth in KRS 164A.620.
STATUTORY AUTHORITY: KRS 164A.560