September 2024 Board of Regents Meeting

Sep. 12-13

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Agenda

Agenda: September 2024 (PDF)

THURSDAY, SEPTEMBER 12, 2024

8:00 a.m. Sixth Floor, Boardroom
Audit & Compliance Committee 
Regent Farnsworth, Chair/Regent Gulley, Vice Chair

1.    2024-25 Committee Work Plan – J. Farnsworth/Q. Gaalswyk 
2.    Enterprise Risk Management Program: 2024-25 Initiatives – K. Bonneson 
3.    Information Items – Q. Gaalswyk 
4.    Resolution to Conduct Non-Public Meeting of the Audit & Compliance Committee to Discuss Information Technology Security – B. Gulachek/B. Dahlin

8:00 a.m. Sixth Floor, West Committee Room
Special Committee on Academic Health 
Regent Wheeler, Chair/R. Johnson, Vice Chair

1.    2024-25 Special Committee Work Plan – P. Wheeler/J. Tolar 
2.    Health Sciences Strategic Planning: Key Objectives – R. Croson/C. Delaney/K. Mays/L. Molgaard/M. Pettigrew/A. Pittenger/J. Tolar

9:30 a.m. Sixth Floor, Boardroom
Mission Fulfillment Committee
Regent R. Johnson, Chair/Regent Kenyanya, Vice Chair

1.    2024-25 Committee Work Plan – R. Johnson/R. Croson 
2.    Rankings: Landscape and Context – R. Croson/R. Singh/S. Priya 
3.    Annual Report on Academic Program Changes – R. Croson 
4.    Growing the University as a Tech and Corporate Engagement Hub – S. Priya/R. Huebsch/S. Corkery 
5.    Board of Regents Policy: International Education, Research, and Outreach – Review – H. Charles 
6.    Consent Report – Review/Action – R. Croson 
7.    Information Items – R. Croson

12:00 p.m. Lunch Break

12:45 p.m. Sixth Floor, West Committee Room
Board of Regents Work Session 
Regent Mayeron, Chair/Regents Huebsch and Kenyanya, Co-Vice Chairs

1.    Tuition Reciprocity: Overview and Framework – R. Croson/R. Singh/G. Sneed

2:30 p.m. Sixth Floor, Boardroom
Finance & Operations Committee
Regent Huebsch, Chair/Regent Wheeler, Vice Chair

1.    2024-25 Committee Work Plan – D. Huebsch/J. Tonneson 
2.    Collective Bargaining Agreements – Review/Action – K. Horstman
3.    President’s Recommended FY 2026-27 Biennial Budget Request – Review – R. Cunningham/J. Tonneson
4.    Asset Preservation Across the System – A. Roberts-Davis 
5.    President’s Recommended 2024 Six-Year Capital Plan and 2025 State Capital Request – Review – R. Cunningham/A. Roberts-Davis 
6.    Rochester Campus Plan – Action – L. Carrell/M. MacKenzie/S. Stennes 
7.    Consent Report – Review/Action – J. Tonneson 
8.    Information Items – J. Tonneson


FRIDAY, SEPTEMBER 13, 2024

8:00 a.m. Sixth Floor, Boardroom
Governance & Policy Committee
Regent Verhalen, Chair/Regent Mayeron, Vice Chair

1.    2024-25 Committee Work Plan – J. Mayeron/B. Steeves 
2.    Public Input to the Board – J. Langworthy/M. Welshons 
3.    Board Committee Structure Adjustments – B. Steeves/J. Langworthy 
4.    Comprehensive Review of the Board’s Code of Conduct – B. Steeves/J. Langworthy

Approximately 15 min Following Adjournment of the Governance & Policy Committee 
Sixth Floor, Boardroom
Board of Regents Meeting 
Regent Mayeron, Chair/Regent Huebsch & Regent Kenyanya, Co-Vice Chairs

1.    Recognitions – J. Mayeron/R. Cunningham
       A.    Regents Professors
2.    Introductions – R. Cunningham 
       A.    Chancellor, Duluth campus
3.    Approval of Minutes – Review/Action – J. Mayeron 
4.    Report of the President – R. Cunningham
5.    Report of the Chair – J. Mayeron
6.    Receive & File Reports – J. Mayeron 
       A.    Virtual Forum Comments
7.    Consent Report – Review/Action – J. Mayeron 
       A.    Gifts
       B.    Adjustments to Board Calendar
       C.    Report of the Naming Committee
8.    Systemwide Strategic Plan: Process Kickoff – R. Cunningham 
9.    Annual Report of the University of Minnesota Foundation – K. Schmidlkofer 
10.    Changes to Indirect Cost Recovery Rates – S. Priya/P. Webb/D. Hagen
11.    Public Safety Update: 2024-25 Academic Year Overview – M. Clark 
12.    Reports of Committees 
        A.    Standing Committees
        B.    Special Committees
13.    Old Business 
14.    New Business 
15.    Resolution to Conduct Non-Public Meeting of the Board of Regents to Discuss Attorney-Client Privileged Matters – Review/Action –  D. Peterson 
16.    Adjournment

Committee Consent Reports: 

Finance & Operations: Central Reserves General Contingency Allocations; Employment Agreements; Real Estate Transaction; Sale of Educational Broadband Service Licenses. 
Mission Fulfillment: Academic Program Changes.

Committee Information Items: 

Audit & Compliance: Engagement Less Than $100,000 Requiring After-the-Fact Reporting.
Mission Fulfillment: University, Student, Faculty, and Staff Activities and Awards; Completed Comprehensive Review of Board Policy.
Finance & Operations: Investment Advisory Committee Update; Capital Finance & Debt Management Report; Intent to Dispose of Property.

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