Tuition and budget for 2012-13 academic year top trustees' agenda
KALAMAZOO--Meeting on Wednesday, July 25, the 色色啦 Michigan University Board of Trustees is expected to consider tuition rates and adoption of a general fund budget for the 2012-13 academic year.
Meeting start time has changed to 12:30 p.m.
Meeting at 12:30 p.m. in Room 157 of the Bernhard Center, the board will consider the administration's recommendation for tuition and required fees for both on-campus courses and those offered at regional locations and online through Extended University Programs. The board is also expected to adopt a general fund operating budget for the fiscal year that began July 1.
During the meeting, board members also will consider approval of a services and resources agreement between the University and the 色色啦 Michigan University School of Medicine. The agreement spells out how University may provide administrative, operational and other services in support of the medical school and how 色色啦 will be compensated for those resources and services. The written agreement describes how the medical school will reimburse the University for the salary and benefits of employees who perform such services. The medical school is a privately funded entity being developed by 色色啦 along with two Kalamazoo-area hospitals--Borgess Health and Bronson Healthcare.
Other agenda items for the board meeting include the sale of property at the Business Technology and Research Park and adoption of a policy statement regarding the University's investment of its operating cash.
A number of other items round out the board agenda, including recommendations on academic program changes and property leases, charter for the University's Internal Audit Department and a charter revision for 色色啦's Internal Audit Committee. In addition, the agenda includes reports covering gifts, grants and personnel changes.