University of North Florida
Board of Trustees
Finance and Audit Committee

  • Meeting
November 28, 2001
University Center at 1:00 p.m.

Minutes

Inaugural Meeting of the Finance and Audit Committee

Members Present 

Ms. Toni Crawford, Mr. T. O’Neal Douglas, Ms. Donna Harper Gibbs, Mr. Wilfredo J. Gonzalez, Mr. Steven T. Halverson, Ms. Ann Hicks, Ms. Lindsay Hodges, Ms. Joan Wellhouse Newton, Mr. James Stallings, Mr. Kevin Twomey, Ms. Carol Thompson

Members Absent 

Dr. Floyd Willis

Item 1 Call to Order 

Chair Thompson documented a quorum and called the meeting to order at 1:15 p.m.

Item 2 Overview of the University of North Florida Foundation, Inc. and the University of North Florida Training and Services Institute, Inc. 

Trustees were provided with an overview of the UNF Foundation, 1971 to the present. This overview included gift history, the Access to Excellence campaign, the Endowment and the Foundation, Inc. budget.

 

Trustees were also provided with an overview of the UNF Training and Services Institute, including a brief history of incorporation and the governing body. Also included were details on TSI’s first program, the Institute of Police Traffic Management (IPTM). Factors were discussed regarding IPTM such as sources of revenue and remittances to UNF.

Item 3 Audit Presentation and Review for the University of North Florida Foundation, Inc.  

Item 4 Audit Presentation and Review for the University of North Florida Training and Services Institute, Inc. 

Trustees discussed auditing, in reference to the UNF Foundation, Inc. and TSI. Trustees were informed that copies of these audits would be available for review when available.

Item 5 Approval of Child Development Research Center 2002-2003 Proposed Fee Schedule 

President Anne Hopkins discussed UNF’s CDRC, including the proposed fee schedule for 2002-2003. Trustees were informed that additional information on this item would be available if requested.

Item 6 Organizational Issues (Committee Responsibilities, Meeting Plans, etc.) 

Trustees discussed the Board of Trustees meeting plans and committee responsibilities. A preliminary schedule was issued, noting that changes could be forthcoming.

Item 7 Adjournment 

Chair Halverson adjourned the meeting.