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