Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board of Regents approves budget changes, investment policy and graduation list; several procedural items adopted
Summary
The University of Guam Board of Regents approved a reapportioned FY2025 budget, adopted an investment policy for a conservatively managed portfolio, approved the 2025 commencement graduate listing and several routine items. One resolution was tabled and one tenure application was withdrawn.
The University of Guam Board of Regents on April 24 approved a series of routine and substantive items including a reapportioned FY2025 budget, an investment policy statement for a conservatively managed portfolio, and the university's 2025 commencement graduate listing.
The board voted, by voice, to approve the reapportioned FY2025 general and special appropriations budget after the Legislature provided a $5.7 million supplemental appropriation earlier this year. The board also adopted an investment policy statement (IPS) for the university's conservatively managed portfolio and approved the commencement graduate listing for 2025. The board voted to express appreciation to outgoing student regent Julie A. Laksamana. One resolution authorizing the president to petition the Guam Legislature to use land grant funding earnings for additional projects was tabled for a future meeting.
Several procedural items also passed by voice…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
