Regents to Set FY20 Operating Budget

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The Southeast Missouri State University Board of Regents will consider the University’s general operating budget for fiscal 2020 when it meets June 13-14 in the Dogwood Room at Drury Inn & Suites in Brentwood, Missouri.

The two-day session will include a retreat convening at 8:30 a.m. June 13 and continuing on June 14.  The business part of the meeting will begin at 1 p.m. on June 13 in the same location.

The first item on the June 13 agenda will be a report from Southeast President Carlos Vargas.

The Board will consider a motion to go into a closed session for appropriate considerations related to litigation; hiring, firing, disciplining or promotion of employees; and personnel records and performance ratings.

When the open session reconvenes, the Regents will announce actions taken during the closed session before considering the University’s FY20 general operating and auxiliary budgets.

In addition, the Regents will consider a bond resolution authorizing the issuance of Missouri Health and Educational Facilities Authority Bond Series 2019 with the proceeds to be used for advance refunding of Missouri Health and Educational Facilities Authority Bonds Series 2010B.

The Board also will consider a new minor in business analytics in the Department of Marketing in the Harrison College of Business and Computing, and a Faculty Senate bill that would revise a section of the Faculty Handbook on guidelines concerning ownership of online courses and online content.

The Board will hear a report on contracts and Facilities Management projects before considering a motion to go into a closed executive session for appropriate considerations related to personnel records and performance ratings. When the open session reconvenes, the Regents will announce any actions taken in the closed executive session.

The Board agenda for the Thursday meeting can be reviewed in its entirety at http://www.semo.edu/board/meeting_info.htm.

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