Executive Council met at 1:30 p.m. at 611 Allen Hall. Present were Dr. Mark Keenum, presiding, Dr. Tommy Stevenson, Mr. Don Zant, Mr. Duncan McKenzie, Ms. Mary Vaughn, Mr. David Easley, Dr. Greg Bohach, Dr. Bill Kibler,Dr. Ray Vaughn, Dr. Megan Millea, Dr. Jerry Gilbert, Mr. Rhett Hobart, Ms. Lesia Bryant, Ms. Joan Lucas, and Mr. Joe Farris.

Dr. Kibler presented for approval a revision of Operating Policy 91.178, Policy on Out-of-State Tuition Waivers and Scholarships. The revised policy provides more flexibility in the award of out-of-state tuition scholarships by setting less specific criteria for the awards. The council recommended approval. The revised policy is on line at http://www.msstate.edu/dept/audit/91178.html

Dr. Bohach presented for approval a new policy, OP 61.04, Policy on Funds of External Organizations. The policy provides guidelines for MSU employees who handle funds for external organizations in relation to their duties at MSU. The council recommended approval. The revised policy is on line at http://www.msstate.edu/dept/audit/6104.html

Mr. Zant presented for approval a new policy, OP 61.05, Policy on Fixed Price and Residual Balance. The policy provides for oversight of fixed price agreements with federal agencies to help ensure that any excess residuals remaining upon completion of the contracted work are within reasonable limits. The council recommended approval. The revised policy is on line at http://www.msstate.edu/dept/audit/6105.html