Minutes of a Meeting of the
Finance and Administration Committee
of the Board of Trustees
of the State University of New York
held on May 9, 2011



	Pursuant to notice of meeting duly given on April 28, 2011, the Finance and Administration Committee of the Board of Trustees of the State University of New York met in Room 1030, Bulmer Telecommunications Center, Hudson Valley Community College, Troy, New York; 12th Floor Board Room, College of Optometry, 33 West 42nd Street, New York; and Room 706D, Culkin Hall,     College at Oswego, Oswego, New York, at 12:30 p.m. on May 9, 2011.

Trustees present:	Trustees Belluck, Ehrenberg, Gondar, Hayden (ex officio), Hunt (non-member), Lewin (non-member), Lichtman, McCall (chair), Murad, O’Brien (non-member), Spielvogel (non-member) and Staller.

Trustees not present:          Trustee Sanford.

Also present:                      Ms. Bernstein, Ms. Bukovan, Ms. Duncan-Poitier, Ms. Gilman, Ms. Good (FCCC), Ms. Hengsterman, Ms. Preston, Ms. Rimai, Ms. Stanley  and Dr. Zimpher; and Mssrs. Abbott, Anker, Belsky, Bowers (Optometry), Brady (Upstate), Finn,  Haelen, Hook, Howard, Hutzley (SUBOA), Morgan, O’Connor, Somide and  Sullivan (UB). 

   Chair McCall convened the meeting at 12:40 p.m. 

   Upon motion duly made and seconded, and by unanimous vote, the corrected minutes of the meeting of the Finance and Administration Committee held March 22, 2011 were approved.
   
   After discussion, upon motions duly made and seconded, and by unanimous votes, the following resolutions were approved:
   
* Transfer of Jurisdiction of the Groveland Farmland – State University College of Technology at Alfred
   
* Amendments to Rules and Regulations for Purchasing and Contracting (8 NYCRR §316.4)
   
* Conveyance of Permanent Easement – State University of New York At 	Stony Brook
   
   Chancellor Zimpher described pending gubernatorial and legislative initiatives related to the University, including rational tuition, UB2020, and NYSUNY 2020.
   
   Using a PowerPoint presentation, Ms. Rimai summarized components of SUNY’s Operating Budget, reviewed the financial condition of the State University to date for FY 2010-2011, and reviewed matters that the Board would be asked to take up at the June Board meeting, including implementation of the 2011-12 financial plan, approval of tuition rates for 2011-12, and a revised fee policy.
   
   After discussion, upon motion duly made and seconded, and by unanimous vote, the following resolution was approved:
   
* Financial Aid
   
   There being no further business, upon motion duly made, seconded, and passed unanimously, the meeting was adjourned at 2:20 p.m.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
      
      
      
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