Board approves audit plan, six‑year capital plan, operating budget and faculty handbook revisions

The Radford University Board of Visitors voted unanimously to approve a block of Business Affairs and Audit Committee recommendations brought forward for the board's consideration.

The items approved in a single block included the FY 2025‑26 audit plan, the 2026–2032 six‑year capital plan, the institution's six‑year plan for capital priorities, the proposed operating budget for fiscal year 2025‑26, and revisions to the AP faculty handbook. Committee chairs and staff summarized committee discussions before the vote; the committee had reported unanimous committee approval prior to the board vote.

Committee briefings cited several supporting reports: internal audit activity and follow‑up, active capital projects, a year‑end financial performance review, and proposed changes to administrative policy in the faculty handbook. Margaret McManus, director of internal audit, presented FY 2025 audit results and the FY 2026 audit plan; George Courtney presented facilities and capital project updates; and Rob Hoover, vice president for finance and administration, presented the financial performance review and the proposed operating budget.

Jeannie Armentrout, chair of the Business Affairs and Audit Committee, presented the block of five items and asked the board to approve them as a block. A motion was made and the board approved the block vote by voice: "All in favor?" "Aye." There was no recorded roll call for the block vote in the transcript provided.

Ending: The board moved from committee reports into the remainder of the meeting after approving the block of Business Affairs recommendations.