Board meetings, strategic plans, and buyer signals from Michael K. Lee’s organization
Jun 22, 2026·BoardMeeting
Board
California State University Channel Islands Site Authority Regular Meeting
The agenda includes updates on CI Power/DWR, a financial report, and a quarterly investment report. Action items include adopting a resolution to restate amendments to the Faculty and Staff Discount Program for Mission Hills Rentals, as well as the approval of the 2026-27 Site Authority Operating Budget, Capital/Reserves Budget, and the 2026-27 UGCAM Budget. Additionally, the agenda features a campus update from the interim president.
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The committee reviewed the audit planning report, including engagement team composition, the summary of services, audit plan considerations, key audit procedures, the audit timetable, key responsibilities, and the impact of new standards on the 2026 audit. Additionally, the committee reviewed the proposed fee and expense estimate for the site authority for the fiscal year ending June 30, 2026.
Mar 23, 2026·BoardMeeting
Board
California State University Channel Islands Site Authority Regular Meeting Minutes
The meeting included a public comment session regarding governance documents, the community evacuation plan, and investment reporting. The board approved funding and scheduled a future strategic planning workshop. Updates were provided on the University Glen governance structure, enrollment growth, the appointment of a new Site Authority Manager, regional community partnerships, and various academic and campus recognition achievements.
Sep 18, 2025·BoardMeeting
Board
Site Authority Standing Audit Committee Meeting Minutes
The committee reviewed the audited financial statements for the fiscal year ending June 30, 2025, for both the Site Authority and Financing Authority, receiving clean, unqualified opinions from the independent auditors. Key topics included a review of financial statement highlights, assessment of risk areas like revenue recognition and management override of controls, and a summary of the strong liquidity position of the Site Authority. Additionally, the committee was briefed on the results of a triennial operational audit conducted by the Chancellor's Office and pending improvements to the electronic delegation of authority system. The committee formally approved the audited financial statements.
Extracted from official board minutes, strategic plans, and video transcripts.
