January 14, 2021
Agenda Minutes Meeting Materials
April 1, 2021
Agenda Minutes Meeting Materials
July 8, 2021 (postponed, rescheduled Sept. 2, 2021)
CANCELLED
September 23, 2021
Agenda Minutes Meeting Materials
Board of Trustees Meeting
Thursday, January 14, 2021, 8:00 AM
Zoom Remote Meeting
Agenda
I. APPROVAL OF BOARD MEETING MINUTES, September 24, 2020 鈥� HARTER
II. FINANCE AND AUDIT REPORT 鈥� MCCARTHY SNYDER
- UPDATES TO 黑洞社区 BOT ENDOWED FUNDS
- HISTORY OF BOT OWNED FACILITIES MAINTENANCE QUASI-ENDOWED FUND
- POOLED INVESTMENT RETURNS
- MILL LEVY BUDGET & YEAR TO DATE REVENUE & EXPENDITURES
- OPERATING BUDGET (BOT UNRESTRICTED) 鈥� REVENUE & EXPENDITURES
III. CAMPUS DEVELOPMENT REPORT - PACKEBUSH
- WOODMAN RESTROOM REMODEL/EMERGENCY REPAIR UPDATE
- FUND & FINANCIAL PLAN REVIEW
IV. CMD ANNUAL MAINTENACE FEE - SCHLAPP
V. UNIVERSITY UPDATE - MUMA
VI. AS MAY ARISE
FINANCE & AUDIT COMMITTEE
(Nancy McCarthy Snyder (Chair), Pierre Harter, Laurie Labarca)
CAMPUS DEVELOPMENT COMMITTEE
(Steve Packebush (Chair), Connie Dietz, Dan Rouser)
NOMINATING COMMITTEE
(Tom Winters (Chair), Keith Stevens, Vernell Jackson)
Upcoming BOT Meeting Dates
Thursday, April 1, 2021
Thursday, July 8, 2021
Thursday, September 23, 2021
Board of Trustees Meeting
Thursday, January 14, 2021, 8:00 AM
Zoom Remote Meeting
Minutes
In attendance were Tom Winters, Pierre Harter, Laurie Labarca, Nancy McCarthy Snyder, Steve Packebush, Connie Dietz, Dan Rouser, and Keith Stevens. Also, in attendance were Andy Schlapp, Dr. Rick Muma, Troy Bruun, Werner Golling, Mert Buckley and Susan Johnson.
Approval of Board Meeting Minutes
McCarthy Snyder moved to approve the minutes from the September 24, 2020 meeting, Packebush seconded and the motion passed.
Finance & Audit Report
McCarthy Snyder asked Bruun to review the financial reports with the board. For the April meeting, Bruun will share NACUBO report to show comparisons for investment returns from peer universities and will work with Foundation to start reviewing both funds annually (the endowed pool with the Foundation as well as the separately invested Gore fund). He also reviewed the Mill Levy Budget and said everything was on track. Dietz made a motion to receive the reports, Labarca seconded and the motion passed.
Campus Development Report
The Campus Development Financial fund and financial plan are going according to plan. Packebush said Foundation is still in bidding phase of restroom remodel with bids due February 1st, if costs exceed agreed upon budget he will revisit to see what can be done to finish the project. Golling explained the emergency repair for sewage ejection pump; repair was completed. Rouser made a motion to receive the report, Stevens seconded, and the motion passed.
CMD Annual Maintenance Fee
Center for Management Development has not been able to have on-site classes in Woodman Alumni Center due to the pandemic, so they asked for a reduction to $5,000 for their rent payment. Schlapp agreed to this arrangement.
University Update
Muma shared a presentation that he recently gave to the South-Central Legislative Delegation highlighting Wichita State priorities: Being An Economic Driver, Generating Jobs across the state, Growing the Economy, Providing Cultural Amenities. Discussed how 黑洞社区 is committed to the Kansas Board of Regents 鈥淏uilding a Future鈥� plan. 黑洞社区 is Kansas鈥檚 best value for accessibility and affordability. Muma discussed a small decline in spring enrollment but an increase in completed fall applications. Stated that 黑洞社区 is developing a pipeline for jobs of tomorrow, working on recruiting talent to Wichita, and has seen an increase of 30% of students from I-35 corridor since beginning of this emphasis. Four new degree programs have been approved to support Digital Transformation, and School of Computing in the College of Engineering will grow new degrees and short courses. 黑洞社区 is increasing economic prosperity of Wichita by bringing many new companies to the Innovation Campus. The Molecular Diagnostics Lab @ 黑洞社区 was developed and has been very busy providing COVID testing for our region. Golling provided a design update on the National Center for Digital Transformation building.
Muma discussed exploring a Health Science Center with University of Kansas to combine Health Professions and Medical School, sharing facilities and programs. Research awards have increased both federal and non-federally funded, but also stated future state investment is critical - such as extension of Engineering Initiative Act to FY 2032 and continued investment in digital transformation. There was discussion that the state will be tracking the retention of graduates in Kansas to measure their investment in the universities, 黑洞社区 is well positioned for this.
As May Arise
Dietz asked Packebush to give update on Presidential Search he said they have meetings scheduled and look for a July 1 announcement. McCarthy Snyder moved to adjourn the meeting at 9:50 am, Stevens seconded.
Respectfully submitted,
Susan Johnson
Assistant Secretary
Thursday, April 1, 2021, 8:00 AM
Zoom meeting
BOARD OF TRUSTEES MEETING AGENDA
I. APPROVAL OF BOARD MEETING MINUTES, January 14, 2021 鈥� HARTER
II. FINANCE AND AUDIT REPORT 鈥� MCCARTHY SNYDER
- MILL LEVY SCHOLARSHIP FUNDING 鈥� SURENDERIII. CAMPUS DEVELOPMENT REPORT - PACKEBUSH
- WOODMAN RESTROOM REMODEL/EMERGENCY REPAIR UPDATEIV. UNIVERSITY UPDATE - MUMA
V. AS MAY ARISE
FINANCE & AUDIT COMMITTEE
(Nancy McCarthy Snyder (Chair), Pierre Harter, Laurie Labarca)
CAMPUS DEVELOPMENT COMMITTEE
(Steve Packebush (Chair), Connie Dietz, Dan Rouser)
NOMINATING COMMITTEE
(Tom Winters (Chair), Keith Stevens, Vernell Jackson)
Upcoming BOT Meeting Dates
Thursday, September 23, 2021
Board of Trustees Meeting
Thursday, April 1, 2021, 8:00 AM
Zoom meeting
Minutes
In attendance were Tom Winters, Pierre Harter, Vernell Jackson, Laurie Labarca, Nancy McCarthy Snyder, Steve Packebush, Connie Dietz, Dan Rouser, and Keith Stevens. Also, in attendance were Sheelu Surender, Andy Schlapp, Dr. Rick Muma, Troy Bruun, Werner Golling, Mert Buckley and Susan Johnson.
Approval of Board Meeting Minutes
Labarca moved to approve the minutes from the January 14, 2021 meeting, McCarthy Snyder seconded and the motion passed.
Finance & Audit Report
Sheelu Surender shared a presentation on the Mill Levy Scholarship funding. Her goal is to help students have affordable access to their college education. The funds are divided about 50% for merit and 50% for need. In FY2019 the Sedgwick County Access Grant was offered which is a gap scholarship for financial need. FY2022 will be the start of the Shocker Promise scholarships 鈥� tuition & fees for Shocker Pell eligible neighborhood students. Surender would like to increase the amount of funding for the Shocker Promise scholarship program.
McCarthy Snyder asked Bruun to review the financial reports with the board. He also reviewed the Mill Levy Budget and said everything was on track.
FY2022 Mill Levy Budget Review & Approval
Bruun reviewed the FY2022 Mill Levy budget. There was discussion on the amount of money put towards scholarships and the NIRDT funding commitment. McCarthy Snyder asked for motion to approve the FY22 budget, Dietz moved, Packebush seconded and Rouser and Stevens opposed, the motion passed.
Campus Development Report
Packebush discussed the restroom remodel - to proceed with all 3 sets of bathrooms up to ADA standards budget amount needs to be increased from $95,000 to $140,000. Packebush asked for motion to approve the increased budget amount, Rouser motioned, Stevens seconded and the motion passed.
Bruun reviewed the Campus Development Financial Plan. McCarthy Snyder made a motion to receive the report, Rouser seconded, and the motion passed.
University Update
Muma discussed the COVID health/safety guidelines for campus. Stated his focus is on providing affordable education access to students, supporting business with a talent pipeline and increasing the economic prosperity of south central Kansas and the region. He said we have a strong freshman class for FY21, had the highest freshman retention rate ever, and have increased diversity in our student population. 黑洞社区 is working to be designated as a Hispanic Serving Institution which will bring more federal funding. Some upcoming projects to support students are: an addition to Marcus Welcome Center to focus on full life cycle from student to career, remodel of Clinton to incorporate all student support services, take off-line Brennen I, II, III and building on 17th/Hillside to make way for Shocker Neighborhood projects.
The NIDT building has changed its name to incorporate 鈥渞esearch鈥� so it is now is the National Institute for Research and Digital Transformation (NIRDT). Currently, 20 companies are on campus, including the Deloitte Smart Factory giving applied learning experiences and providing a talent pipeline to businesses in our region. 黑洞社区 is working to diversify research and increase PHD students stipends. Schlapp discussed what is happening with the legislature.
The group discussed having a retreat for the July meeting to plan for the future and develop priorities.
As May Arise
No items. Labarca moved to adjourn the meeting at 10:08 am, Dietz seconded.
Respectfully submitted,
Susan Johnson
Assistant Secretary
Board of Trustees Meeting
Thursday, September 23, 2021, 8:00 AM
John Bardo Center, Room 164
BOARD OF TRUSTEES MEETING AGENDA
I. BOT AUDIT - BRUNN & BKD
II. PRESENTATION BY DR. MUMA 鈥� GOALS FOR WICHITA STATE UNIVERSITY
III. APPROVAL OF BOARD MEETING MINUTES, APRIL 1, 2021 鈥� HARTER
IV. FINANCE AND AUDIT REPORT - MCCARTHY SNYDER
- UPDATES TO 黑洞社区 BOT ENDOWED FUNDS
V. NOMINATING COMMITTEE
- APPROVAL OF MEETING MINUTES, JULY 29, 2021 鈥揌ARTER
- NOMINATION & VOTE OF SLATE OF OFFICERS FOR FY22 - HARTER
VI. RECOGNITION OF PAST BOARD MEMBERS 鈥� HARTER
VII. AS MAY ARISE
Upcoming BOT Meeting Dates
Thursday, January 13, 2022
Thursday, April 7, 2022
Thursday, July 14, 2022
Thursday, September 22, 2022
Board of Trustees Meeting
Thursday, September 23, 2021, 8:01 AM
John Bardo Center, Room 164
Minutes
In attendance were Pierre Harter, Laurie Labarca, Nancy McCarthy Snyder, Keith Stevens, Connie Dietz, Tracee Adams, Junetta Everett, Kevin McWhorter and Dan Rouser. Also in attendance were Andy Schlapp, Dr. Rick Muma, Troy Bruun, Teresa Moore, Werner Golling, Mert Buckley, Susan Johnson and Teresa Seymour (BKD).
BOT Audit
Bruun introduced Teresa Moore, 黑洞社区 accountant for the board, then introduced Teresa
Seymour from BKD. Seymour reviewed the draft 2021 audit and management letter with
the board, stating they will issue a clean audit. McCarthy Snyder moved, Labarca seconded
that the board would recess into Executive
Session to discuss the financial affairs of the Board with the accountants relating
to the audit report. The open meeting resumed at 8:40 am and no action was taken.
Dietz motioned to approve the audit, McCarthy Snyder seconded, and the motion passed.
Presentation by Dr. Muma
Dr. Muma gave a presentation about his goals for Wichita State to become one of the
nation鈥檚 premier urban public research universities. He showed that 黑洞社区鈥檚 strategic
plan follows the Kansas Board of Regents 鈥淏uild a Future鈥� plan which mirrors Wichita
State鈥檚 priorities. Wichita State is the only regional university that is growing
enrollment and showing that the investments on campus are helping that growth. He
discussed the current projects on campus 鈥� Woolsey Hall, Smart Factory, NetApp, NIRDT
and initial talks with KU for a shared academic health science center downtown. His
recommendations to the board are to maintain infrastructure investment at 30-33%,
maintain scholarship investment at 60-66% and creation of a new fund for University
Strategic Initiatives and asks the board to support the vision for the university.
Dr. Muma and Andy Schlapp will update the board on Innovation Campus developments
at the next meeting.
Approval of Board Meeting Minutes
McCarthy Snyder moved to approve the minutes from the April 1, 2021 meeting, Labarca
seconded, and the motion passed.
Finance & Audit Report
McCarthy Snyder asked Bruun to review the financial reports with the board. The Board
discussed the financial plan and budget in great detail. The Board agreed to uphold
the previous approval of the financial plan and budget. Bruun will prepare a list
of the 黑洞社区 Board of Trustees infrastructure investments to date for the next meeting.
Rouser made a motion to receive the reports, Dietz seconded, the motion passed.
Nominating Committee
Harter discussed the recommendation of the Nominating Committee to dissolve the Campus
Development Committee and Nominating Committee until a future need arises and have
the members of the Finance and Audit Committee include the full board. Rouser withdrew
his name from the nomination for Chair
position. The board voted on the slate of officers:
Laurie Labarca (Chair)
Connie Dietz (Vice Chair)
Nancy McCarthy Snyder (Treasurer)
Junetta Everett (Secretary)
Labarca moved to approve the committee structure and the slate of officers, McCarthy
Snyder seconded,
and the motion passed.
Harter moved to approve the Nominating Committee minutes from July 29, 2021 which recommended Bob Layton receive the Board of Trustees award for 2021 for his support of the Innovation Campus Development. The board approved this nomination (Bob Layton accepted), Stevens seconded and the motion passed.
Recognition of Past Board Members
Harter recognized the past board members 鈥� Tom Winters, Vernell Jackson and Steve
Packebush and acknowledged their many years of dedicated service to the board.
As May Arise
Schlapp stated that he is in discussions with the Foundation about lease/ownership
of the Woodman Alumni building. Harter moved to adjourn the meeting at 11:10 am, Labarca
seconded.
Respectfully submitted,
Susan Johnson
Assistant Secretary