Board Retreat Meeting, and that the Board meetings scheduled for October 10 be rescheduled to 2 pm.
Move the Board to approve the Board Retreat Meeting schedule to cancel the August 7 committee meetings to instead allow for a full Board retreat August 7 and 8, and to move the meeting time on Oct 10 to 2 pm.
Passed without dissent.
Prior to the presentations Chair Dukes requested that all action items be approved under one vote at the end of each Divisional presentation.
Dr. Melissa Hicks, Interim VP, Finance and Administration, presented this agenda item and explained how the adjusted budget was determined.
Regent Hatchett queried how often a budget can be amended.
This agenda item was presented by VP Hicks. She began by reporting the proposed E&G budget and Auxiliaries budget, comparing them to last year's budget. Dr. Hicks also discussed potential cost saving measures.
Regent Moyer requested clarification regarding Dr. Hicks' characterization of the proposed FY26 budget as a “conservative budget”.
Regent Moseley posed a question regarding student athlete scholarships.
Next, Dr. Hicks presented this agenda item.
Regent Moseley inquired into the status of Hillcrest and whether private funds had been secured to assist with repairs.
Regent Walston sought clarification as to the inhabitability of Hillcrest.
Regent Moyer inquired into the cost to repair Hillcrest.
Regent Dukes requested than an assessment of Hillcrest repair costs be completed and presented at the August Board Retreat.