RECOMMENDATIONS
FINANCE AND ADMINISTRATION EFFICIENCY
Conduct a comprehensive review of university budget development and monitoring processes to ensure transparency, accountability, and alignment with best practices in higher education
Work with the Finance and Administration Committee to develop a financial dashboard for the Board that will be updated quarterly
Improve accounts payable cycle time to ensure the university captures payment discounts and maintains good vendor relationships
Strengthen university private fundraising capacity and consider launching a capital campaign
ACADEMIC AND QUALITY ASSURANCE
Permanently fill the Provost position and empower the appointee to ensure that all academic programs meet the highest levels of excellence and responsiveness
Reduce the number of administrative units in University receivership
Ensure infrastructure and administrative leadership are in place to facilitate enrollment stability amid the projected demographic cliff facing higher education