Reports
and Curriculum Proposals, 2007-08
FACULTY REPRESENTATIVE’S REPORT
ON BOARD OF TRUSTEES’ MEETING
NOVEMBER 17, 2007
I. Audit Report (for year ended 6/30/07) was presented by Thompson, Cobb,
Bazilio & Associates; rendered “unqualified opinion” = LU budgetary
operations are in compliance with all laws, regulations, contracts, and
grant agreements
Assets: $ 139.9 m (2007); $ 132.7 m (2006)
Endowment: $ $ 24.6 m (2007)
II. Three new Board Members were appointed: Mrs. Kathleen Butler Hayes (’89);
Mr. Wm. B. Ingram (’61); Mr. Kevin E. Vaughn (Governor Rendell’s appointee)
III. Trustees, Degrees, Nomination Committee requested members and others in the
academic community to send names and CVs of honorary degree candidates to
Trustee G. Miller by 12/31/2007
IV. Trustees passed a formal resolution honoring Faculty and students for their recent accomplishments: M. Carter, A. Parker, R. Tabvuma (students); Drs. K. Favor, G. Nagase, D. Royer, E. Babatunde
V. Chairman C.S. Morris’ Comments: President I.Nelson will retire in 2009. Chairman Morris strongly advised the Board to take this upcoming presidential search very seriously
VI. President I. Nelson’s Comments:
- LU Marching Band has already earned recognition in regional competition
- Advising Center Newsletter highlights accomplishments
- Science departments’ Student Abstracts chronicle their progress
- Fact Book describes LU demographics
- Crisis Intervention/Emergency Response Manual underscores LU readiness
- A new Campus Map delineates LU in 2009
- Self Study Report (Middle States) is nearing completion
- Barnes-VPA Program is moving forward
- Secured $ 300k from Lenfest Foundation
- NCAA Div II application is moving forward
- Fulbright scholars: 1 student; 1 faculty
- Union negotiations completed
- LU ranked 32nd in USN&WR
VII. Resolutions passed:
A. Treasurer’s Report
B. Audit Committee’s Report
C. Approved $ 700k to be spent on Bldg 26 (President’s Residence)
D. Approved Faculty CBA, Maintenance & Housekeeping contract, and
Police contract
E. Re-invested $ 2.6m in Guaranteed Investment Contract
VIII. IT/Library Report:
Renovation will be in two phases; staff will re-locate to the mods after
Humanities vacates in a couple of months
IX. Executive Session
Board discussed USN&WR rankings of the HBCUs (for more than an hour)
Meeting was adjourned at 11:33 AM
James L. DeBoy
November 25, 2007
