President John Delaney
There was a squabble with the governor on the bond rating on the UNF project for three projects. There are three bond raters; Standard & Poor is one of those. There are two ways to finance—through the university; or through the state- division of bond finance. UNF did two projects—S&P A+ to an A downgrade. The rating agencies are heavily scrutinized. One reason for the downgrade is that UNF saw a couple hundred drop in student enrollment and transfers are down, which is a national trend. Another reason is the lack of state support for universities. There has been a decrease and all new money is non-recurring. UNF did notify about the bond; the finance people did notified the state in time, but the person who answered the emails was on vacation and the deadline was missed by a day.
The state legislature is looking to increase funds for higher Ed, including some recurring money beginning next year.
A reminder is that the walkway to the arena will be coming down. Finally, the student athletes have done well academically.
Legislative Liaison Report - Janet Owen
United Faculty of Florida – John White
The new CBA ratification vote is Tuesday and Wednesday 12-3 in Biology. There is a family day at the ropes course. Everyone is invited.
Parking Advisory Council Report – Paul Mason
The council recommended no changes in restricting specific groups to specific areas; no change in rates. The nighttime faculty permit will be $150. The night faculty/staff permit for those who come midnight to 8:30am; that was tabled. The license plate recognition feature is coming; will be tested in the coming year. Nose-end parking will be required and no back-end parking. A citation will be given after three warnings. There is a $50 back-in permit that will go into effect 2017. There is an electric vehicle charging station in lot 53. There is a $30 fee if you park in that spot without charging.