TBR committees to meet June 4. Agendas include tuition & mandatory fee recommendations

Two committees of the Tennessee Board of Regents and the chairs of all the board’s committees will meet Tuesday, June 4, in Nashville – including the Finance and Business Operations Committee, which will make its recommendations on student tuition and mandatory fees for the 2019-20 academic year.

The June 4 schedule:

• The Audit Committee will meet from 10:30 a.m. until noon.
• The Finance and Business Operations Committee will meet at 12:45 p.m.
• The committee chairs will convene immediately following adjournment of the Finance and Business Operations Committee.

The June 4 meetings will be held in the board room at the TBR System Office at 1 Bridgestone Park, Nashville, 37214.

The Audit Committee’s agenda includes informational reporting on various audit findings and recommendations, audit reports and reviews, and internal audit updates; revisions to Fiscal Year 2019 internal audit plans; review of the systemwide internal audit budget for FY 2020, and a non-public executive session.

The Finance and Business Operations Committee’s agenda includes its recommendations on student tuition and mandatory fees at Tennessee’s 13 community colleges and 27 colleges of applied technology. The committee met April 23 and May 22 to review tuition and fee proposals. Its June 4 recommendations will be forwarded to the full Board of Regents for final review and action at the board’s June 21 quarterly meeting, to be held at Volunteer State Community College. Combined tuition and mandatory fee increases for the 2019-20 academic year cannot exceed a 2.5 percent ceiling approved by the Tennessee Higher Education Commission on May 17.

Immediately following the Finance and Business Operations Committee meeting, chairs of the board’s six standing committees will convene to review a draft agenda for the June 20-21 quarterly meeting, and to receive staff reports on finance and business, personnel and compensation, the TBR Digital Engagement Initiative ,and proposed revisions to two TBR policies – one on diversity and one on development and approval of policies and procedures.

All meetings are open to the public, except for the executive session portion of the Audit Committee. Anyone interested in attending may contact Board Secretary Sonja Mason at Sonja.Mason@tbr.edu or 615-366-3927 by 4 p.m. Monday, June 3, to facilitate entry through building security. Audit Committee and Finance Committee materials will be available on the TBR website at https://www.tbr.edu/board/june-quarterly-board-meeting-0.