Sep 16, 2026BoardMeeting
BoardGeorge Mason University Board Of Visitors Finance And Land Use Committee Meeting
The committee reviewed FY2026 financial performance and FY2027 operating budget projections, highlighting challenges in revenue streams and rising costs. Several key action items were approved, including the Six-Year Capital Plan, increases to lines of credit with Atlantic Union Bank and Wells Fargo, and various schematic designs and budget increases for infrastructure projects such as telecommunications upgrades, garage repairs, and HVAC replacements. The committee also approved the Land Use Certification and delegated authority for tax-exempt bond financing. Additionally, the meeting included a review of capital projects and the annual report from the Office of the University Building Official.