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Fitchburg State University

Board of Trustees Budget, Finance and Facilities

Published on March 19, 2024 at 10:37 AM EDT

Date and Time

Tuesday March 26, 2024 at 8:00 AM EDT

Location

Presidents' Hall, Mazzaferro Center, 291 Highland Ave., Fitchburg, MA 01420

The Fitchburg State University Board of Trustees Budget, Finance & Facilities Committee will meet on Tuesday, March 26, 2024 at 8:00 a.m. in Presidents' Hall, Mazzaferro Center, 291 Highland Ave., Fitchburg, MA 01420

 

 

 

 

Agenda

      Purpose Presenter Time
I. Opening Items 8:00 AM
 
Opening Items
 
  A. Record Attendance and Guests   1 m
  B. Call the Meeting to Order  
  C. Approve Minutes from the November 8, 2023 Budget, Finance, and Facilities meeting- VOTE (26-23/24) Approve Minutes 1 m
    Minutes for Board of Trustees Budget, Finance, and Facilities on November 8, 2023  
     
II. Draft FY25 Budget Review and Discussion 8:02 AM
  A. Assumptions 15 m
  B. Supporting Materials Discuss
     
     
     
     
  C. Board Discussion and Guidance Discuss
  D. Additional Information Desired for Final Presentation Discuss
III. Discussion about Fees 8:17 AM
  A. Review Fee History Discuss 15 m
     
  B. State University Fee Comparision Discuss
     
  C. Board Discussion and Guidance Discuss
     
  D. Additional Information Desired for Final Presentation Discuss
IV. Personnel Savings 8:32 AM
  A. Review work done to date Discuss 10 m
  B. Supporting Materials Discuss
     
     
     
  C. Board Discussion and Guidance Discuss
  D. Additional Information Desired for Final Presentation Discuss
V. Future Direction 8:42 AM
  A. Review Fund Balances Discuss 15 m
     
  B. Review Ratios Discuss
     
     
     
  C. Personnel Discuss
  D. Board Discussion and Guidance Discuss
  E. Additional Information Desired for Final Presentation Discuss
VI. Contract Discussion 8:57 AM
  A. Jay Bry will provide an update on various contracts Discuss 5 m
VII. Property Updates 9:02 AM
  A. Jay Bry will provide an update on properties Discuss 5 m
VIII. Commuter Meal Plan and Chartwells Proposal Discussion 9:07 AM
  A. President Lapidus will provide an update on the Chartwells Proposal Discuss 5 m
IX. Closing Items 9:12 AM
  A. Adjourn Meeting Vote 1 m