University of North Florida
Board of Trustees
Finance and Audit Committee

Meeting
December 1, 2009
University Center at 1:30 p.m.

Agenda

Item 1 Call to Order

Chair Kendrick will call the meeting to order.

Item 2 Minutes (September 30, 2009)

Chair Kendrick will address the committee and ask for a MOTION to approve the minutes from the September 30 meeting.

 

Proposed Action: Approval. Motion and second required.  

Item 3 Open Comments

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

 

Open Comments: No motion required.  

Item 4 Athletics, Health and Activity and Service Fees

The purpose of this item is to present the proposed increase for the student athletics, health and activity and service fees for 2010-2011. These fees were recommended by a committee of students, faculty and staff, and endorsed by the President.


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


Proposed Action: Approval. Motion and second required.  

Item 5 Return of Organization Exempt from Income Tax, Form 990 - UNF Financing Corporation

This item is in response to the Board of Governors’ requirement that the Board of Trustees review the university’s direct service organizations federal Internal Revenue Service Return of Organization Exempt from Income Tax form (Form 990).


Vice President Shuman will address the committee and provide a short narrative of the Form 990 for the UNF Financing Corporation.


Proposed Action: Review. No motion required.  

Item 6 Return of Organization Exempt from Income Tax, Form 990 - UNF Training & Service, Inc.

This item is in response to the Board of Governors’ requirement that the Board of Trustees review the university’s direct service organizations federal Internal Revenue Service Return of Organization Exempt from Income Tax form (Form 990).


Vice President Shuman will address the committee and provide a short narrative of the Form 990 for the UNF Training & Service, Inc.


Proposed Action: Review. No motion required.  

Item 7 Audit Update

The purpose of this item is to provide a status report on the university’s internal audits.


Mr. Robert Berry will address the committee and present an audit update.


Proposed Action: Review. No motion required.  

Item 8 Update on MOCA Jacksonville

The purpose of this item is to present an update on MOCA Jacksonville.


President Delaney will provide an update to the committee on MOCA Jacksonville.


Proposed Action: Review. No motion required.  

Item 9 Quarterly Budget Report

The purpose of this item is to present this quarter’s budget report.


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


Proposed Action: Review. No motion required.  

Item 10 Treasurer's Report

The purpose of this item is to present the current treasurer’s report.


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


Proposed Action: Review. No motion required. 

Item 11 Adjournment

Chair Kendrick will adjourn the meeting.