Sept 16th Fiscal Affairs and Audit

The Kansas Board of Regents Fiscal Affairs and Audit Committee met on September 16, 2026, to review and approve several procurement and budget-related items. Key actions included approval of revisions to program statements and capital improvement plans for various university facilities, such as the Waters Hall roof replacement and Witchita State's dance and theater building. The committee also approved the annual budget for Witchita State University mill levy and delegated authority to the board chair regarding easements at KU Medical Center. A significant portion of the meeting focused on the unified state appropriations request, including a $7.8 million funding request for Excel and CTE programs, which the committee approved to advance to the full board. Discussions also covered university policies on leases and easements pursuant to House Bill 2560, with motions passed to streamline lease approvals and reduce attorney general review requirements. The committee reviewed board policies related to university liquidity, proposing annual reporting of cash liquidity metrics to better monitor financial health and bond ratings. Updates on capital projects, including a student wellness center funded entirely by philanthropy, and ongoing efforts to address deferred maintenance through the Kansas Campus Restoration Act were also presented. No audit findings were reported during this meeting.