Minutes of a Meeting of the
Finance and Administration Committee
of the Board of Trustees
of the State University of New York
held on October 7 , 2011


	Pursuant to notice of meeting duly given on September 30, 2011, the Finance and Administration Committee of the Board of Trustees of the State University of New York met at the SUNY College of Optometry, 12th Floor, 33 West 42nd Street, New York City; Buffalo State College, Bulger Communications Center, Room N2A, Buffalo, NY; Cornell University, ILR Conference Center, Room 326, Ithaca, NY; IBM Corporation, One New Orchard Road, Armonk, NY; State University Plaza, Elisabeth Luce Moore Board Room, Albany, NY; Stony Brook University, Javits Room 223, Stony Brook, NY; and Upstate Medical University, Weiskotten Hall, Room 215, Syracuse, NY;  at 9:00 a.m. on October 7, 2011.

Trustees present:	Trustees Beachner, Ehrenberg, Good (non-member), Lichtman (via phone), McCall (chair), Murad, O’Brien (non-member, via phone), Sanford, and Staller.

Trustees not present:	Mr. Belluck

Also present:	Chancellor Zimpher, Mr. Anker, Mr. Banister, Ms. Duncan-Poitier, Mr. Finn, Ms. Gambrill, Ms. Gauthier, Ms. Gilman, Mr. Haelen, Ms. Hengsterman, Mr. Hook, Mr. Howard, Mr. Hutzley, Ms. LoTurco, and Ms. Preston.


      Chair McCall convened the meeting at 9:00 a.m. and provided introductory remarks regarding the upcoming budget cycle. Chancellor Zimpher commented upon the good work that had been accomplished during the past six months, including passage of NYSUNY2020 and the implementation of a rational tuition policy for the state-operated campuses.

      Mr. Hutzley discussed the impact of the cuts to-date on the operations of the campuses, the planned use of the additional tuition revenue generated during 2011-12, and potential needs that might be included in the University’s 2012-13 budget request. As part of the presentation, Ms. Preston provided additional background on the hospital fiscal situation, Ms. Duncan-Poitier discussed the community college funding process and Mr. Haelen provided an overview of the University’s capital program.
      
      There followed discussion by the trustees about other components that might be part of the request. System Administration staff were directed to bring a formal request for action by the Finance and Administration Committee at its November meeting.
      
    	 There being no further business, upon motion duly made, seconded, and passed unanimously, the meeting was adjourned at 10:35 a.m.
   
   
   
O:\Board of Trustees\BOT Finance Committee\2011 October\DRAFT Minutes 10-07-2011.docx


   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   

Finance and Administration			-2-			October 7, 2011
Committee Meeting Minutes