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Contacts: Daniel Wolter, University News Service, (612) 624-5551
MINNEAPOLIS / ST. PAUL (06/09/2009) — The University of Minnesota Board of Regents meets later this week on the Twin Cities campus.The agenda includes President Robert Bruininks' proposed budget for Fiscal Year 2010 and a preliminary state capital request for 2010.Also as part of the meeting, the board conducts its annual meeting to set meeting dates for 2009-10 and elect a new chair and vice chair.A nominating committee report recommends Regent Clyde Allen for chair and Regent Linda Cohen for vice chair.
The president's proposed FY2010 operating budget takes into account the 7.4 percent biennial reduction in state funding as well as the potential for additional unallotment.It uses federal stimulus money to cap the in-state undergraduate tuition increase at $300, or 3.125 percent.Between federal stimulus dollars and a new middle-income scholarship, 60 percent of Minnesota students will actually see their tuition decrease under the proposed budget.
"Despite a significant cut in state appropriation, we've shaped a budget that minimizes this year's tuition increase for Minnesota residents," said Bruininks."In fact, most Minnesota students can expect to pay substantially less to attend the University next year. This is not to say there are not major budget challenges ahead of us, but this is a responsible budget that is mindful of the economic times in which we live."
The schedule for the meeting is as follows:
Thursday, June 11, 2009
8:30 - 10:30 a.m., Facilities committee, West Committee Room. The agenda includes review and action on a resolution regarding the scoping decision document related to the environmental impact statement for sand and gravel mining at the university's UMore Park property in Dakota County as well as review and action on a property acquisition of 1.39 acres of land for an expansion of the Center for Magnetic Resonance Research. The committee will also review a recommendation to deconstruct and demolish the Music Education Building on the Twin Cities campus.
8:30 - 10:30 a.m., Finance and Operations committee, East Committee Room.The committee will take action on an anticipated resolution authorizing the issuance of debt as part of the TCF Bank Stadium project.
10:45 - 11:45 a.m., Board work session, Boardroom. Bruininks, Provost Tom Sullivan and Vice Provost and dean of undergraduate education Robert McMaster will present on the quality of undergraduate education and how it relates to tuition as well as university financial aid initiatives.
2:45 - 4:45 p.m., Educational Planning and Policy Committee, West Committee Room.Provost Sullivan will present on the Imagine Fund for the Arts and Humanities.The committee will also hear from the deans of the three colleges created as a result of academic restructuring several years ago - the College of Design, the College of Food, Agricultural and Natural Resource Sciences and the College of Education and Human Development - on their progress.
2:45 - 4:15 p.m., Faculty, Staff and Student Affairs Committee, East Committee Room.The committee receives its annual presentation on the UPlan, employee health care plan.In addition, Athletics Director Joel Maturi presents his annual report in Intercollegiate Athletics.The committee will also act on the appointment of Frank Cerra as Senior Vice President for Health Sciences and dean of the Medical School.
Friday, June 12, 2009
9 a.m. - 12 noon, Board of Regents meeting, boardroom.The board conducts its annual meeting first, electing a new chair and vice chair and establishing meeting dates for 2009-10.After the annual meeting adjourns, the monthly meeting is convened. Bruininks and CFO Richard Pfutzenreuter present the president's recommended FY2010 operating budget, a preliminary 2010 state capital request and act on the president's recommended FY2010 annual capital improvement budget.Professor Emily Hoover, chair of the Faculty Consultative Committee, will also give her annual report and be recognized for her service.
Wednesday, June 17, 2009
11:30 a.m., Public forum on the president's recommended operating budget for FY2010, boardroom.
Wednesday, June 24, 2009
10 a.m., Special meeting to act on the president's recommended operating budget for FY2010, boardoom.
More information on the Board of Regents and live streaming of the board meetings can be found at www.umn.edu/regents.