University of North Florida
Board of Trustees
Finance and Audit Committee

Meeting
March 15, 2011
University Center at 9:00 a.m.

Agenda

Item 1 Call to Order  

Chair Taylor will call the meeting to order.  

Item 2 Minutes (January 18, 2011 

Chair Taylor will address the committee and ask for a MOTION to approve the minutes from the January 18, 2011 meeting.

 

Proposed Action: For approval. Motion and second required. 

Item 3 Open Comments  

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

 

Open Comments: No motion required.  

Item 4 Approval of Tuition and the Tuition Differential Fee (Attachment 1, 2) 

The purpose of this item is to seek approval on increasing the undergraduate tuition differential fee by 15 percent.

 

Vice President Serwatka will address the committee and present this item.

 

Proposed Action: Approval. Motion and second required.  

Item 5 Approval of the Red Flag Policy (Attachment 1, 2) 

The purpose of this item is to present a proposed Identity Theft Prevention Program, pursuant to the Federal Trade Commission's Red Flags Rule. This policy was developed after consideration of the size and complexity of the university's operations, account systems, and the nature and scope of the university's activities. The policy was developed with oversight from the Controller’s Office, Information Technology Services, the General Counsel, and the Office of Internal Auditing,

 

Scott Bennett, associate vice president, Administration and Finance, will address the committee and present this item.

 

Proposed Action: Approval. Motion and second required.  

Item 6 Review of the State of Florida Auditor General’s Report on UNF’s Financial Audit for Fiscal Year Ended June 30, 2010 (Attachment 1, 2, 3

This item provides a review of the findings and recommendations from the State of Florida’s Auditor General for UNF’s financial audit for the fiscal year which ended on June 30, 2010.

 

Vice President Shuman will address the committee and present this item.

 

Proposed Action: For review only. No action required. 

 Item 7 Office of Internal Auditing – Quarterly Report  (Attachment 1, 2

The purpose of this item is to present a report to the Board of Trustees for this quarter’s activities in the Office of Internal Auditing.

 

Robert Berry, director, Office of Internal Auditing, will address the committee and present the update.

 

Proposed Action: For review only. No action required.  

Item 8 Quarterly Budget Report (Attachment 1, 2

This item provides a review of this quarter’s budget report.

 

Vice President Shuman will address the committee and present the quarterly budget report.

 

Proposed Action: For review only. No action required.  

Item 9 Treasurer’s Report (Attachment 1, 2

This item provides an overview of the current treasurer’s report.

 

Vice President Shuman will address the committee and present the treasurer’s report.

 

Proposed Action: For review only. No action required.  

Item 10 Adjournment  

Chair Taylor will adjourn the meeting.