[{"_1":2,"_112":-5,"_113":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88,100],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6529027,"mediaKeyId","3847862-a99eab6a4e6cea6a5c6627c40a821c6a","parentId",3847862,"title","Votes at a glance: Austin Peay State University Business and Finance Committee, April 11, 2025","audioSeconds",1593,"startMs",28000,"endMs",1621000,"viewUrl","/Search/View?dp=1&key=3847862-a99eab6a4e6cea6a5c6627c40a821c6a&start=28&end=1621","thumbnailUrl","https://assets.pipeline.soar.com/3847862-a99eab6a4e6cea6a5c6627c40a821c6a/thumbnail_28000.jpg","articleUrl","/articles/6529027/Tennessee/Votes-at-a-glance-Austin-Peay-State-University-Business-and-Finance-Committee-April-11-2025","mediaUrl","https://secure.pipeline.soar.com/6529027-9c21b5c4cd31d2f319dc12f5afc6cd8c/orig.mp4?Expires=1773605322&Signature=Dq9x-soXIKLjfCQb5yw63nCybebipG-55TO2XUiWOnYUJYQd9BC5f~25VPvLUdNBl2Iy7ivfEkYehFTvipua18yd5wX-CgxAuALEspt~46-VlmnZRTkLU~arrUcqPF3uhq6M9ZLorlIyYzreRkgjw9p09PCzJycKZpfELFVRa4bAsJGDyhuj4n8livPXuDOKtA367B461akokbVXyMQhj1aW1s0VXLmQ0NaMMG3ICIx0~bgdRyrgujJHUYhjl3YQJ0~U0QCNmpozZT0nIcPnMnPaxNOChhmum7uuaFETtOsqqyKbdLEsre2hXkvb4h8Ac33QyHURGW7i7efKILJ2Ig__&Key-Pair-Id=KUT5TJCACFTXG","author","Austin Peay State University","date","2025-06-16T15:28:52.7Z","article","The Austin Peay State University Business and Finance Committee recorded the following formal actions on April 11, 2025:

1) Approval of minutes from the April 11, 2025 Business and Finance Committee meeting. Outcome: approved. The minutes were moved, seconded and the committee voice-voted \"aye.\" No roll-call was recorded in the transcript for this procedural motion.

2) Approval of a special tuition rate matching Tennessee Aspiring Administrator Program Network grant awards for participating graduate students. Outcome: approved by roll call. Recorded votes: Trustee Atkins — yes; Trustee Cannata — yes; Trustee Jenkins — yes; Trustee McInnis — yes; Trustee Roe — yes.

3) Approval of the estimated operating budget for FY2024–25 and the proposed operating budget for FY2025–26 as presented. Outcome: approved by roll call. Recorded votes: Trustee Atkins — yes; Trustee Cannata — yes; Trustee Jenkins — yes; Trustee McInnis — yes; Trustee Roe — yes. The presentation noted the proposed budget excludes nonrecurring carryforwards and that an October revised budget will reflect carryforwards after the June 30 fiscal close.

4) Approval of the Capital Outlay and Maintenance request for FY2026–27, including the Military Academic Building (not-to-exceed $38,500,000) and six deferred maintenance requests totaling $12,300,000. Outcome: approved. The transcript records affirmative roll-call responses from Trustee Cannata, Trustee Jenkins, Trustee McInnis and Trustee Webb and indicates the motion carried; some roll-call responses were recorded as \"Trustee Atkins?\" without an audible response in the transcript.

5) Adjournment: The committee moved, seconded and adjourned; voice vote recorded as \"ayes have it.\" Outcome: meeting adjourned.

Each of the items above appears in the committees minutes and the full transcript for April 11, 2025.","mediaType","Video","parentTitle","APSU - Business and Finance Committee Meeting - June 6, 2025","oneSentenceSummary","Summary of formal motions recorded at the Business and Finance Committee meeting: approval of minutes, tuition rate for grant participants, estimated and proposed operating budgets, and capital outlay and maintenance request; all motions carried.","taxTitle","Austin Peay State University, Public Universities, School Districts, Tennessee","taxId",80073,"location","Tennessee","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6529030,"Board committee forwards $38.5M Military Academic Building and $12.3M deferred-maintenance request to THEC",551,989000,1540000,"/Search/View?dp=1&key=3847862-a99eab6a4e6cea6a5c6627c40a821c6a&start=989&end=1540","https://assets.pipeline.soar.com/3847862-a99eab6a4e6cea6a5c6627c40a821c6a/thumbnail_989000.jpg","/articles/6529030/Tennessee/Board-committee-forwards-385M-Military-Academic-Building-and-123M-deferred-maintenance-request-to-THEC","https://secure.pipeline.soar.com/6529030-b3b56670f28cea3f76b8d244aca09f96/orig.mp4?Expires=1773605322&Signature=FauOfJfbh-yHcH64sxmZrsHAnZu51bbtxKi4WZPsUczZsfELtRdSAAi-ZxI6QEzgPSKcw~Snkcg4oWOGE3hUkEwV4ng0aXNm1WX1Tap4j6a2Ae4RakVJpEuRpaVujjPYldGPznmJCxC4nqScU1YP9aGbhO6B5XrDd4ELvcdBNKfke1EcL8FVrahzOQxvwTgmMIloHeruWp-NyKkXdwcdb8ZrWUqN-jQt8PG~R2zj0TDxvmMNMlOz1LQGxnEM1GxrijbUAWNtsIl99B7AxKP~J5V3Lu3kV6-n~x8heXN~JP-0TaPC3YMoXH3Aq7SRrbTZq55IgWmDWPgQszuErFKpvA__&Key-Pair-Id=KUT5TJCACFTXG","The Austin Peay State University Business and Finance Committee on April 11 approved the universitys capital outlay and deferred maintenance request for fiscal year 2026–27, which includes a Military Academic Building with a not-to-exceed budget of $38,500,000 and six deferred maintenance requests totaling $12,300,000.

Art Brunner, director of capital planning, design and construction, presented the project list. He described the Military Academic Building as a renovation that will create space for culinary arts, ROTC, the Institute for National Security and Military Studies, communications with a focus on sports broadcasting and athletics. Brunner said this was the third consecutive year the project had been submitted to the Tennessee Higher Education Commission (THEC).

The deferred maintenance list includes power-plant exterior improvements and a new filter, fire-alarm upgrades and centralization, a second chiller replacement in the power plant, a $2.5 million request for Senquist fuel hood and HVAC improvements (an additional request beyond prior funding), modular boiler installation and repairs to the music, mass communications and art-design areas, and envelope repairs for Browning, Woodward and Claxton buildings. Brunner said the university previously received $1,500,000 toward the Senquist improvements but could not complete the project with those funds.

Trustees questioned funding and the states role. Brunner and other speakers said the deferred-maintenance requests are funded by the state when THEC approves projects, but the systemwide deferred-maintenance shortfall remains substantial and universities often receive less than requested. He said renovation projects require a gift match (4% for renovation; 6% for new construction was cited as the matching requirement for THEC proposals). The presentation flagged end-of-life chillers in the power plant as among the most pressing items.

Trustees raised the idea of creating an internal renewal and replacement reserve to smooth future large capital repairs; university staff said those discussions have occurred but a dedicated fund has not been fully established in the operating budget. Trustees also asked about emergency replacement procedures if THEC funding is not available; the transcript records the question and staff response but no formal emergency-funding policy was adopted in this meeting.

The committee moved, seconded and the secretary called the roll: Trustee Cannata — yes; Trustee Jenkins — yes; Trustee McInnis — yes; Trustee Webb — yes. The minutes record the motion carried. The transcript records some roll-call responses as \"yes\" and indicates the motion carried.","The committee approved Austin Peay State University's capital outlay request including a Military Academic Building not-to-exceed $38.5 million and six deferred maintenance projects totaling $12.3 million; trustees discussed long-term maintenance funding challenges and state match requirements.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6529036,"Committee approves estimated 2024–25 and proposed 2025–26 operating budgets; trustees hear details on revenue drivers and carryforwards",789,198000,987000,"/Search/View?dp=1&key=3847862-a99eab6a4e6cea6a5c6627c40a821c6a&start=198&end=987","https://assets.pipeline.soar.com/3847862-a99eab6a4e6cea6a5c6627c40a821c6a/thumbnail_198000.jpg","/articles/6529036/Tennessee/Committee-approves-estimated-202425-and-proposed-202526-operating-budgets-trustees-hear-details-on-revenue-drivers-and-carryforwards","https://secure.pipeline.soar.com/6529036-f676a3fd09657d2a78ec75d3f0fb6ff4/orig.mp4?Expires=1773605322&Signature=DBN8HEDNVrgMG66C3SBuiaRU0MQDXEft9T9EkOXyLFz8SuT~9EuOZy3QIRXs63Nh8jDzCiHc2uzrSvnIwVJO0ZnBHS7VVM482cA6bi~Ta~QBlfzzbUglcIiYZVwP4fzgrL2QHodVlw5pybJtOy4sjluGeSX4UHtDJ15Amr-ceJGuognTtjnPuNXiOG9ng2Lb7X48pRVhyAHmjoktTEHA37EMVNnO65EGB9JmFr-E0X6WBOre88j5n50V2ijGejDi7weNodbi1gp~yP3hGU2pc0aE4iSi9LTWNxiaStff~yOwldWWi8Q7jnJQPsUzcaJPs7Y1jfDD3GDSoRhCvIRHOg__&Key-Pair-Id=KUT5TJCACFTXG","The Austin Peay State University Business and Finance Committee on April 11 approved the estimated operating budget for fiscal year 2024–25 and the proposed operating budget for fiscal year 2025–26 after a presentation by Associate Vice President for Budget and Finance Sandra Hamilton.

Hamilton told trustees the universitys operating budget is organized into unrestricted education and general funds and auxiliary funds (housing, dining and other self-sustaining units). For fiscal 2025–26 the proposed budget assumes flat enrollment, includes a 5% tuition increase, and reflects an increase in the state appropriation to cover employee salary and benefit adjustments. The presentation said roughly 70% of university revenues fund instruction, academic support and student services.

Hamilton said a key difference between the estimated 2024–25 figures and the proposed 2025–26 budget is the absence in the proposed budget of nonrecurring carryforwards that will not be known until the university closes the fiscal year on June 30; those carryforward amounts will be reflected in an October revised budget to be presented to the board in December. Trustees discussed the prior use of HEERF (Higher Education Emergency Relief Fund) money and confirmed the university is not relying on HEERF for the current proposed budget.

Trustees asked for clarifications about why operating expenses appeared to decrease in the proposed budget (from about $64,000,000 estimated in FY2024–25 to about $56,000,000 proposed for FY2025–26). Hamilton explained the apparent decrease is the result of excluding nonrecurring carryforward funding from the proposed-year presentation; the underlying ongoing expenses are not expected to decline by that magnitude. She said carryforwards will be incorporated in the October revision after fiscal-year close.

Other details discussed included the universitys student mix (traditional, part-time, military-affiliated students — the presentation cited that 30% of enrollment is military-affiliated), the variety of tuition and scholarship sources (Pell Grants, Tennessee Lottery scholarship, last-dollar scholarship program starting this fall), and that state appropriations have increased since fiscal 2021 (presentation cited a 52% increase since FY2021).

The committee moved, seconded and the secretary called the roll: Trustee Atkins — yes; Trustee Cannata — yes; Trustee Jenkins — yes; Trustee McInnis — yes; Trustee Roe — yes. The motion carries.

Sandra Hamilton said the October revised budget will show the carryforward numbers after fiscal-year close and the committee will review that revision at a later meeting.

No changes to tuition policy beyond the previously noted 5% tuition projection were adopted in this item; the action recorded was approval of the estimated and proposed operating budgets as presented.","The Business and Finance Committee approved the estimated operating budget for FY2024–25 and the proposed FY2025–26 operating budget. Presentation highlighted flat enrollment projection with a 5% tuition increase, elimination of reliance on HEERF funds, and that ~70% of revenues support student education.",{"_33":101,"_35":36,"_37":38,"_39":102,"_41":103,"_43":104,"_45":105,"_47":106,"_49":107,"_51":108,"_53":109,"_55":56,"_57":58,"_59":110,"_61":62,"_63":64,"_65":111,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6529039,"Trustees approve special tuition rate for Tennessee Aspiring Administrator Program Network participants",165,59000,224000,"/Search/View?dp=1&key=3847862-a99eab6a4e6cea6a5c6627c40a821c6a&start=59&end=224","https://assets.pipeline.soar.com/3847862-a99eab6a4e6cea6a5c6627c40a821c6a/thumbnail_59000.jpg","/articles/6529039/Tennessee/Trustees-approve-special-tuition-rate-for-Tennessee-Aspiring-Administrator-Program-Network-participants","https://secure.pipeline.soar.com/6529039-e0d37b63934f79873a50e80c364f8f73/orig.mp4?Expires=1773605322&Signature=kGGtVmY8~3x50SDLhSn6n72-nf95~NlcZAq18bEt5ycSiBIWZxcqACLQBXn9Xn3xK6UkMhL3htVtWoff4p6f5~6UDpRxk3sj4efJPvbkLAVULalUlgj18jo9fNm3sD4rL-WnxHkDGNT4V83oeTJLlHM5H~fZPQaGUSt7zzPs83LUeXUTa1QhO2cILsKPyAzJm6Bvgch09I8Srpd3EVh2BBDafE09g7Ubz5tEEHGBQjf3Fc7RDR0QqznxSpYOA5uqGcxWISfH9bU1~hXEG81Cx7LEs-WxwZ1vGQRvt1X~CUDHrlGLdZ9F94~qTXo1iclcJILbAMdgZWJerAI~3WdwDQ__&Key-Pair-Id=KUT5TJCACFTXG","The Austin Peay State University Board of Trustees Business and Finance Committee on April 11 approved a special tuition rate for graduate students participating in the Tennessee Aspiring Administrator Program Network grant that will match the grant award amounts for those students.

The special rate, approved by roll call, is meant to replace the universitys current practice of issuing individual scholarships to cover amounts remaining after the grant awards. Dr. Charuze Roopabar, vice president for finance and administration, told trustees the change \"will stop the manual process of applying the individual scholarships\" and \"will not impact the university's financial performance as the revenue will be reduced by the same amount as the scholarship expenses.\"

The item matters because it standardizes billing for about 200 participants annually in the grant program and simplifies administrative processing, according to Roopabar. The university said the Tennessee Aspiring Administrator Program Network grant offers about $6,000,000 in funding over five years and that participants typically graduate and pass licensure at high rates: the presentation cited a 98% graduation rate and a 96% pass rate on the administrative and supervision licensure exam for recent cohorts.

In discussion, trustees asked clarifying questions and then the committee moved and seconded the item. The secretary called the roll: Trustee Atkins — yes; Trustee Cannata — yes; Trustee Jenkins — yes; Trustee McInnis — yes; Trustee Roe — yes. The motion carries.

The committee recorded the change as an administrative billing change tied specifically to grant recipients and not a tuition-policy change for other students. The presentation noted the special rate will apply to students enrolling to earn a master's in education and who are grant participants preparing for K–12 administrative licensure.

No ordinance, statute, or additional policy action was identified as required; implementation will be managed by university finance staff under existing authority.

Votes recorded on the item are summarized in the university minutes; the committee did not attach conditions to the approval and directed staff to implement the tuition rate change administratively.","The Austin Peay State University Business and Finance Committee approved a special graduate tuition rate matching awards for Tennessee Aspiring Administrator Program Network grant recipients to automate scholarship processing; trustees voted unanimously.","actionData","errors"]

Article not found

Votes at a glance: Austin Peay State University Business and Finance Committee, April 11, 2025

Board committee forwards $38.5M Military Academic Building and $12.3M deferred-maintenance request to THEC

Committee approves estimated 2024–25 and proposed 2025–26 operating budgets; trustees hear details on revenue drivers and carryforwards

Trustees approve special tuition rate for Tennessee Aspiring Administrator Program Network participants