The minutes will be posted to the website. However, these divisions are not projecting year-end deficits. All divisions are currently expected to meet or exceed budget.
Notable items are the following.
However, both divisions expect to use less from reserves than budgeted. Both Schools are projecting significant revenue increases in tuition and fees and facilities and administrative cost recoveries. The Press anticipates expenditures to be slightly higher than budget while revenues are projected over budget in all three divisions of the Press. Due to concerns raised by the Trustees about the combined reporting of the two divisions, Dr. McGill and Mr. Grossi promise to create another presentation tool for the Committee. Dr. McGill also assured the Committee that key revenue indicators would continue to present the two divisions separately.