Regent Walston asked whether Title III funds would be used for a portion of or all matching funds.

Regent Moyer inquired into the expected return from a budgetary perspective.

This agenda item was presented by VP Dunaway as HR Director, Ms. Candace Raglin was unable to attend.

Regent Walston inquired into the source of funding for the five Grant Writer positions.

This agenda item was presented by VP Dunaway.

Regent Fields asked when Combs Hall would come back online.

Regent Briggs queried whether washers and dryers also would be updated during dorm renovations.

Regent Walston inquired into the status of the Red Barn.

Following VP Dunaway’s presentation, Chair Dukes called for a motion to approve all Finance & Administration action items that had been presented, adding the approval of the FY 24-25 budget as an action item.

Move the Board to approve all Finance & Administration action items, including the approval of the FY 24–25 budget.

Seconded by Regent Briggs and passed without dissent.

Subsequently, Chair Dukes called for a motion to take a brief recess.

Move the Board to take a five-minute recess.

Seconded by Regent Fields and passed without dissent.

When the Board returned from its five-minute recess, Vice-Chair Michael Adams announced that he would be conducting the remainder of the meeting as Chair Dukes had to leave. Vice-Chair Adams then called for a motion to return from recess:

Move the Board to return from recess.

Seconded by Regent Ramsey and passed without dissent.