The ¾º²Â×ãÇòapp,Âò×ãÇò¾º²Êapp of Regents shall annually approve the salaries, taxable income, and associated fringe benefits paid to presidents of USG institutions. Any funds paid to a President shall be outlined in the annual compensation letter issued to the President and shall be paid exclusively by the President¡¯s institution from state appropriations and other appropriate funds held by the institution