MTSU Board of Trustees Meets Thursday

Jan 20, 2018 at 07:22 am by bryan


The Middle Tennessee State University Board of Trustees' Finance and Personnel Committee convenes at 1:30 this coming Thursday afternoon (1/25/2018). It will be held in Nashville at the Tennessee Higher Education Commission, 404 James Robertson Parkway.

The agenda includes recommendations for approval of an Athletics Master Plan amendment and compensation strategy, along with information and discussion concerning Composite Financial Index (CFI) ratios and outside legal counsel.

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This campus master plan is required by the Tennessee Higher Education Commission. It is a multi-phase plan including improvements such as a new football team facility, Murphy Center practice court improvements, an entry plaza, Floyd Stadium club seating, and a new multi-sport indoor practice facility.

The Composite Financial Index (CFI) provides a more complex picture of the financial health of the institution at a point in time than is possible by simply comparing multiple indicators. Examining the trend of an institution's CFI score over an extended period offers a more stable long-term view of an institution's financial performance, given fluctuations in institutional conditions, and external circumstances, such as market performance
The topic of outside legal counsel was discussed at the November 29, 2017 Finance and Personnel meeting. They voted to study that option for the trustees. Findings will be discussed in more detail at this coming Thursday's session.

All committee meetings are open to the public. For agenda details or other information, go to www.mtsu.edu/boardoftrustees/meetings.

Sections: News