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FRM to review building metrics and revisit budget after state budget approval

Board of Visitors Committee Chairs Meeting · June 2, 2026
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Summary

Finance and Resource Management proposed reviewing metrics for Academic Building One and the Arlington building, revisiting the budget after the state budget is approved, and receiving an annual comprehensive advancement report and institutional performance measures.

The Finance and Resource Management (FRM) Committee items proposed at the June 2 meeting include a metrics report on Academic Building One and consideration of optimal usage of both Academic Building One and the Arlington building; a plan to revisit the university budget after the state budget is approved; an annual comprehensive advancement report; reporting on higher education institutional performance measures; and a financial summary of faculty and staff merit programs.

These are recorded as proposed agenda items and do not include vote language, dollar amounts or firm timelines. FRM will need read-ahead financial metrics and a schedule that aligns with the state budget timetable before making recommendations or formal decisions.