Amanda Umphrey

The meeting agenda includes various university and committee updates, specifically from the President, Executive Committee, Sponsored Projects Committee, Finance and Operations Committee, Joint Audit Committee, Housing and Dining Advisory Committee, and Corporation updates. Additionally, the board will review and vote on a consent agenda item regarding proposed changes to Exhibit A of the Delegation of Authority as recommended by the Finance and Operations Committee, and receive the Board Annual Report.

The meeting agenda included a university update, an executive committee update, and reports on sponsored projects, including the Proposals and Awards Report and OSP Expenditures Report. Financial and operations reviews covered the quarterly investment report and the quarterly financial report. The Audit Committee presented the financial audit and A-133 compliance reports. Additionally, the board addressed the housing update and corporation updates. Consent items included the draft Form 990 tax return and a delegation of authority policy. The board also planned to take action on the mission statement.

The board participated in a governance orientation covering legal responsibilities, key duties of directors, and an overview of governance documents including articles of incorporation, bylaws, and operating agreements. The meeting also addressed the board's structural requirements and compliance with the Seymour Act. Additionally, the board approved officer nominations, committee rosters, and the board meeting calendar and timeline for the upcoming year.

The agenda for the special meeting includes the convening of the board, an open session, and a consent agenda item regarding the proposed budget for fiscal year 2025-2026.

The board received a presentation on an Inclusive Access model for course materials to improve student affordability and access ahead of an upcoming bookstore RFP. The university provided updates on record enrollment numbers, the success of the women's lacrosse club, and spring commencement preparations. Committee reports covered executive housekeeping items, sponsored project expenditures, and updates from the Finance, Audit, and Student Housing and Dining Advisory committees. The board also approved consent items, including compensation guidelines and structures, the upcoming board calendar, and member reappointments.