FOR IMMEDIATE RELEASE
September 28, 2001
From the Board of Governors
Meeting - Friday, September 28, 2001
Board Approves Objectives
and Work Plan for Coming Year
Framework for managing cumulative
- the objectives and work plan for the Board
of Governors, 2001-02. The broad objective areas include: the
establishment of strategic university directions that are consistent
with its mission and support institutional renewal and vitality;
the restoration of institutional financial stability; fundraising;
governance; and institutional quality and performance.
- the Board's financial statements, April
30, 2001 and the auditor's report.
- the reappointment of McColl Turner as
the university's external auditors for the period 2001-02.
- a framework for managing the university's
cumulative deficit. The framework will set the financial context
for the University-wide planning process to be implemented during
the 2001-02 academic year. The basic concept being proposed
is to establish a targeted reserve from new incremental funding
received as a result of new student growth.
- a memo of understanding between Trent
University and Sir Sandford Fleming College for a cooperative
infrastructure project related to the SuperBuild Link 2000 project.
Next meeting of the Board of Governors
is set for Friday, November 30, 2001.
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