Kaitlyn Adams

The committee meeting addressed the quarterly audit report and the consideration of the FY19 audit plan, including the adoption of the FY19 risk assessment. Discussions were also held regarding strategic enterprise risk management, compliance initiatives, and an update on Transform IT and cybersecurity efforts, including connectivity improvements and foundational IT maturity.

The committee meeting addressed several key financial and facility-related matters. These included the authorization for preliminary expenditures related to the Hamilton and Walton Residence Halls Transformation Project, an update on the critical business functions audit project, a review of quarterly finance and treasury reports, and financial projections. Additionally, the committee discussed FY20 budget and expenditure authority, and received an overview of the Department of Intercollegiate Athletics.

The committee meeting covered several key agenda items including an accreditation report due to the NWCCU, the submission of the institutional plan for educator equity in teacher preparation, a review of teaching excellence programs and initiatives at the university, and a discussion on student mental health services and support systems on campus.

The Finance and Facilities Committee meeting included updates on the Knight Campus capital project, a review of quarterly financial reports, and discussions regarding FY18 expenditure authorizations. Additionally, the committee addressed a bond sale authorization, the elimination of an outdated presidential retirement plan, a review of the University Housing auxiliary budget, and a naming recommendation for the new residence hall.

The committee discussed the university's academic organizational structure, focusing on faculty peer review processes, the roles of tenure track and non-tenure track faculty, and quality control measures. Additionally, an overview of Portland-based academic programs was presented, highlighting their strategic importance, growth, and alignment with the university's mission. Finally, the committee reviewed challenges regarding classroom capacity and utilization, with a request for further analysis on expanding course scheduling to Fridays and Saturdays to maximize existing facility resources.