MINUTES OF A MEETING OF THE
EXECUTIVE COMMITTEE OF THE
BOARD OF VISITORS OF
VIRGINIA COMMONWEALTH UNIVERSITY
April 24, 2003
A meeting of the Executive Committee of the Board of Visitors of Virginia
Commonwealth University was held on Thursday, April 24, 2003, 12:30 p.m. in the
University Meeting Center located at 101 North Harrison Street. The full Board was
invited to attend.
Present were Drs. Perkinson, Long and Romano: Messrs. Axselle, Markel, Pyon,
and Rigbsy and Mesdames Petera and Riddick. Also present were Drs. Trani, Kontos,
McDavis, Retchin and Ton; Messrs. Bunce, Gehring, Gleason, Messplay, Ross,
Timmreck and Wyeth; and Mesdames Balmer, Chinnici, Lepley and Messmer.
Dr. Perkinson called the meeting to order. The 2003 Revised University Budget
Plan- Preliminary was presented for information and the 2003-04 Tuition and Fees were
presented for approval. The tuition charges will increase from actual 2002-03 rates by
19.4% for resident undergraduate students, 17.5% for resident graduate students, and
13.7% for nonresident undergraduate and graduate students. Tuition will increase from
an adjusted 2002-03 base, which includes the annualization of the Spring 2003 increase,
by 8.6% for resident undergraduate students, 10.7% for resident graduate students, and
11.3% for nonresident undergraduate and graduate students. Part-time rates are based on
full-time rates.
Increase to mandatory non-E&G fees include a 6.0% increase in the University
Fee and a 1.9 % increase for the student health fee. The student activity fee on the
Academic Campus will increase form $45 to $52 for full-time undergraduates and from
$29 to $36 for full-time graduates. The student government fee for the MCV campus will
increase from $29 to $36.
A representative room charge for double occupancy in University housing will
increase form 9.9%, including an adjustment in the telecommunications fee that supports
telecommunications, cable TV, and Internet connections in University housing. The
board rate for the 19-meal plan will increase by 28.1%.
On motion made and seconded, the Executive Committee endorsed the
preliminary E&G and Auxiliary Enterprise budget updates with the understanding the
consolidated University budget will be presented at the May 16, 2003, meeting for
approval and approved the 2003-04 Tuition and Fees as presented.
On motion made and seconded, the Executive Committee convened into closed
session to discuss certain personnel matters involving the performance of identifiable
employees or faculty of VCU, and to discuss the evaluation of performance of
departments or schools of VCU where such evaluation will necessarily involve the
discussion of the performance of specific individuals including a discussion of the
Student Health Services; and to discuss matters relating to gifts, bequests, and fund-
raising activities and the consideration of the Named Funds Report and Facility Naming
Recommendations, as authorized by Section 2.2-3711 A (1) and A(8) of the Virginia
Freedom of Information Act.
Following closed session, on motion made and seconded, the following
resolution was approved by roll call vote:
The Executive Committee of the Board of Visitors of Virginia Commonwealth
University hereby certifies that, to the best of each member's knowledge, (i) only public
business matters lawfully exempted from open meeting requirements by Virginia law
were discussed in the closed session meeting to which this certification resolution
applies, and (ii) only such public business matters as were identified in the motion
convening the closed session meeting were heard, discussed or considered by the
Executive Committee of the Board of Visitors of Virginia Commonwealth University.
Roll Call Vote Ayes Nays
Dr. W. Baxter Perkinson, Jr., RectorX
Mr. Ralph L. `Bill' Axselle, Jr. X
Mr. Steven A. Markel X
Mrs. Anne P. Petera X
Mr. Robert E. Rigsby X
Vote:
Ayes: 5
Nays: 0
ABSENT DURING MEETING: 0
ABSENT DURING VOTING: 0
On motion made and seconded, the Named Funds Report and Facility Naming
Recommendation was approved.
The meeting was adjourned at 2:25 p.m.
W. Baxter ' Perkinson, Jr., D.D.S Rector
