University of North Florida
Board of Trustees
Finance and Audit Committee

  • Meeting
March 12, 2009
University Center at 9:00 a.m.

Agenda

Item 1 Call to Order 

Chair Twomey will call the meeting to order.

Item 2 Minutes ( December 11, 2008 ) 

Chair Twomey will address the committee and ask for approval of the Finance and Audit Committee’s December 11, 2008 minutes.

 

Proposed Action: Approval. Motion and second required. 

Item 3 Open Comments 

Chair Twomey will address those in attendance and offer opportunity for open comments.

 

Proposed Action: No motion required. 

Item 4 Approval of the Financial Aid Regulation (Attachment 1, 2)

Vice President Serwatka will present this regulation, which is being proposed in response to a Board of Governors’ request. The regulation broadly defines responsibilities for setting policy and administering financial aid.

 

Proposed Action: Approval. Motion and second required.

Item 5 Update on the Proposal for the Purchase of the Museum of Contemporary Art (MOCA) (Attachment 1)

President Delaney will update trustees on the current status of the proposed university purchase of MOCA.

 

Proposed Action: Update. No motion required. 

Item 6 Office of Internal Auditing Status Update (Attachment 1, 2)

Mr. Robert Berry will provide a status report on the university’s internal audits.

 

Proposed Action: Review. No motion required. 

Item 7 Update on the Auditor General’s Federal Awards Audits (Attachment 1, 2)

Vice President Shuman will present the preliminary and tentative audit findings and recommendations for UNF’s 2007/2008 Auditor General’s Federal Awards Audit.

 

Proposed Action: Review. No motion required. 

Item 8 Quarterly Budget Report (Attachment 1, 2)

Vice President Shuman will present this quarter’s budget report.

 

Proposed Action: Review. No motion required. 

Item 9 Treasurer’s Report (Attachment 1, 2)

Vice President Shuman will present the current treasurer’s report.

 

Proposed Action: Review. No motion required. 

Item 10 Adjournment 

Chair Twomey will adjourn the meeting.