University of North Florida
Board of Trustees
Finance and Audit Committee

  • Meeting
June 10, 2014
University Housing Club House, Building 17, Room 2100 at ~10:15 a.m.

Agenda

Item 1 Call to Order

Chair Lovett will call the meeting to order.

Item 2 Approval of Minutes (March 18 and May 22, 2014) 

Chair Lovett will address the committee and ask for approval of the minutes from the March 18 meeting and the May 22 budget workshop.

 

Proposed Action – Approval – Motion and Second Required

Item 3 Open Comments 

Chair Lovett will offer opportunity for open comments concerning items on this agenda.

Item 4 Schedule of Tuition and Fees for 2014-2015  

The UNF administration is recommending no tuition increase for either the undergraduate or graduate programs.

 

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

 

Proposed Action – Approval – Motion and Second Required

Item 5 Emergency Regulation Amendments – Schedule of Tuition and Fees  

The purpose of this item is to present proposed amendments to the 2014-2015 tuition and fees regulation. The regulation will become effective upon approval of the Board of Trustees and the Board of Governors.

 

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

 

Proposed Action – Approval – Motion and Second Required

Item 6 Amendments to Regulation – Pre-Employment Requirements  

This item proposes revising the pre-employment requirements regulation.

 

This pre-employment requirements regulation, renamed background checks regulation, proposes revisions to broaden the regulation so pre-employment criminal background checks can be conducted on all new faculty and staff hires and current faculty and staff who are required by Florida law to undergo background checks.

 

Vice Presidents Serwatka and Gottlieb will address the committee and present this item.

 

Proposed Action – Approval – Motion and Second Required

Item 7 Proposed Revisions – Debt Management Guidelines  

The purpose of this item is to present proposed revisions to guidelines which confirm that UNF and its DSOs engage in sound debt management practices. These guidelines ensure that the Board of Trustees receives formalized guiding principles for the issuance of debt by UNF and its DSOs. These guidelines have been approved by the UNF Financing Corporation.

 

Vice President Shuman will address the committee and present proposed revisions to the debt management guidelines.

 

Proposed Action – Report – No Motion Required

Item 8 Direct Support Organizations (DSOs) Budgets: (1) UNF Foundation, Inc., (2) UNF Training & Services Institute, Inc., (3) UNF Financing Corporation, Inc., and (4) MOCA, Jacksonville  

The purpose of this item is to present, for review, budgets for UNF’s DSOs, including the (1) UNF Foundation, Inc., (2) UNF Training & Service Institute, Inc., (3) UNF Financing Corporation, Inc., and (4) MOCA, Jacksonville.

 

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

 

Proposed Action – Report – No Motion Required

Item 9 Office of Internal Auditing – Quarterly Report  

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.

 

Mr. Robert Berry, director, Office of Internal Auditing, will address the committee and present this item.

 

Proposed Action – Report – No Motion Required

Item 10 Quarterly Budget Report  

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

 

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

 

P roposed Action – Report – No Motion Required

Item 11 Treasurer’s Report  

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

 

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

 

P roposed Action – Report – No Motion Required

Item 12 Adjournment 

Chair Lovett will adjourn the meeting.