MINUTES OF A MEETING OF THE
EXECUTIVE COMMITTEE OF THE
BOARD OF VISITORS OF
VIRGINIA COMMONWEALTH UNIVERSITY
April 15, 2004
A meeting of the Executive Committee of the Board of Visitors was held
on Thursday, April 15, 2004, at 9 a.m. in the Richmond Salons located on the
second floor of the University Student Commons at 907 Floyd Avenue. The full
Board was invited to attend.
Present were Drs. Perkinson (Rector), Bersoff, Doswell, Romano, and
Shapiro; Messrs. Axselle, PyOn, Rigsby, Rosenthal and Thompson; and
Mesdames Rhodes and Riddick. Mrs. Petera and Messrs. Baldacci, Robertson
and Slater were absent. Also present were Drs. Trani, Andrews, Lewis,
McDavis, Retchin and Torr; Messrs. Bunce, Gehring, Messplay, Ross, Timmreck
and Wyeth; and Mesdames Atkinson, Balmer, Chinnici, Lepley, and Messmer.
Dr. Perkinson called the meeting to order and introduced the members of
the press.
The preliminary 2004-05 University Budget Plan estimates were presented
for information and the 2004-05 tuition and fees were presented for action. The
Board of Visitors will consider the University's 2004-06 Budget Plan at two
meetings. At the April 15, 2004 meeting, the Board will approve 2004-05 tuition
and fees rates and will review preliminary 2004-05 budget estimates for
Education and General (E&G) programs, Auxiliary Enterprises, and Facilities and
Administrative Cost Recoveries (FACR). E&G programs, Auxiliary Enterprises,
and FACR comprise about two-thirds of the University's total budget. At the May
21, 2004, meeting of the Board of Visitors the Board, will approve the 2004-06
University Budget Plan for all fund sources. At the date the materials for the
April 15, 2004, meeting were prepared, the 2004 General Assembly had not yet
adopted a 2004-06 state budget. Typically, biennial budget estimates are
prepared in the even-numbered years, with revised budget estimates presented
in the following year. Because of the current uncertainly of the state budget, only
a one-year estimate is included in the document presented. Further, the
preliminary budget plan estimates assume a continuation budget with no
additional general fund support for base adequacy, faculty and staff salary
adjustments, or other cost increases typically supported in whole or part with
state tax dollars. The recommended tuition and fee rates for 2004-05 also reflect
the continuation budget assumptions. Amended action on the University's 2004-
05 budget and the 2004-05 tuition and fees may be required following the
General Assembly's adoption of a state budget. On motion made and seconded,
the Board approved the 2004-05 tuition and fees charges as presented and any
changes will be reported to the Board of Visitors by the President at the May 21,
2004 meeting.
On motion made and seconded, the Board convened into closed session
to consult with legal counsel employed or retained by a public body regarding
specific legal matters, including potential claims and litigation, requiring the
provision of legal advice by such counsel, as authorized by Section 2.2-3711
A(7) of the Virginia Freedom of Information Act.
Following closed session, on motion made and seconded, the following
resolution was approved by roll call vote:
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 Board of Visitors of Virginia
Commonwealth University.
Ayes Roll Call Vote Nays
Dr. W. Baxter Perkinson, Jr., Rector X
Mr. Ralph L. "Bill" Axselle, Jr.. X
Mr. David G. Baldacci Absent
Dr. Edward H. Bersoff X
Dr. John C. Doswell II X
Mrs. Anne P. Petera Absent
Mr. Harold Y. Pyon X
Mrs. Anne J. G. "Panny" Rhodes X
Ms. E. Janet Riddick X
Mr. Robert E. Rigsby X
Mr. Richard T. Robertson Absent
Dr. Michele A. Romano X
Mr. Thomas G. Rosenthal X
Dr. Carol S. Shapiro X
Mr. G. Bryan Slater X
Mr. Philip Thompson, Sr. X
Vote:
Ayes: 13
Nays: 0
ABSENT DURING MEETING: 3
ABSENT DURING VOTING: 3
The meeting was adjourned at 11:15.
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