Indiana State University

The Finance Committee agenda addressed several recommendation items, including the proposed sale of the property located at 836 North 6 ½ Street, the renovation and expansion of the College of Health and Human Services facility, and a proposed modification to the Operating Funds Investment Policy to include an Unconstrained Fixed Income Manager. Informational items included a review of the Voluntary Employee Benefit Association (VEBA) Trust Fund investment performance and an update on the annual financial audit.

The Finance Committee agenda focused on several key items, including the proposed use of the 2015-16 State Repair and Rehabilitation Appropriation and the addition of satellite chilled water plant capacity. Informational items included a report on the investment performance of operating funds and the State Board of Accounts entrance conference. Additionally, the committee discussed preliminary budget planning assumptions.

The committee meeting agenda included the review and acceptance of the FY19 Audited Financial Statements, which received an unmodified audit opinion from the Indiana State Board of Accounts. Additionally, the committee scheduled a discussion regarding upcoming debt issuances.

The committee meeting addressed several recommendation items, including the proposed tuition and mandatory student fees for the 2019-21 period and operating budgets for 2019-20. Additionally, the committee reviewed a resolution to approve the sale of the university's housing and dining system revenue bonds and the state repair and rehabilitation request. The agenda also included an informational update on capital projects and a schedule for the regular review of financial and budgetary items throughout the year.

The Finance Committee agenda primarily focused on the review and acceptance of the FY22 audited financial statements. The document also outlined the recurring schedule for financial review items throughout the fiscal year, including state budget requests, investment performance evaluations, housing and dining rate proposals, and operating budget planning.