Board Of Regents

Zoom link 21 Sept:
https://comfsm.zoom.us/j/3061339702?pwd=dnM3UmJKWW83V0JFdjhCNDNMbmVsUT09

Zoom link 22 Sept:
https://comfsm.zoom.us/j/3061339702?pwd=dnM3UmJKWW83V0JFdjhCNDNMbmVsUT09

1. Call to Order
2. Opening Prayer
3. Reading of the Mission Statement
4. Roll Call; Declaration of Quorum
5. Review of Agenda
6. Approval of Minutes
   1. June 13-14, 2023 Board meeting in Kosrae State**
7. Communications
   1. June 13, 2023: Letter from the San Francisco/Seattle School Participation Division, U.S. Department of Education
   2. June 29, 2023: Letter from FSM Ambassador to Japan, H.E. John Fritz
   3. August 24, 2023: Letter from the FSM Department of Environment, Climage Change and Emergency Management (DECCEM)
   4. August 26, 2023: Letter from the Standing Lease Committee, Yap State
8. Regents’ Reports
9. President’s Report
   1. President
      1. Personnel Audit Update – Elizabeth Bare (Personnel Audit Consultant)
      2. PeopleAdmin Update – Gee Leong Bing (HR Consultant)
   2. Vice President for Administrative Services
      1. Financial Status
      2. Raymond & James (Investment) Report
   3. Vice President for Cooperative Research and Extension
   4. Vice President for Enrollment Management and Student Services
   5. Vice President for Instructional Affairs
   6. Acting Vice President for Institutional Effectiveness and Quality Assurance
10. Old Business
11. New Business
    1. Program Modification: Association of Applied Science in Building Technology**
       1. Associate of Applied Science in Building Technology Prog. Modification
    2. Per Diem Rates**
       1. Comparative Tables: Per Diem Rates
    3. Review of Chapter 1 (Board of Regents) Policy
       1. BP No. 1110
       2. BP No. 1400
       3. BP No. 1401
       4. BP No. 1430 – Board Expenses, Compensation & Honorarium (yet to be reviewed/endorsed by the appropriate committee(s).
    4. Review of Chapter 4 (Student Services) Policy
       1. BP No. 4320 – Adding and Dropping (not yet reviewed/endorsed, therefore no proposed amendments).
       2. BP No. 4330 – Withdrawing a Course (not yet reviewed/endorsed, therefore no proposed amendments).
       3. BP No. 4408 – Change in Student Schedule (not yet reviewed/endorsed, therefore no proposed amendments).
    5. Review and Approval of Chapter 5 (Fiscal Affairs) Policy**
       1. BP No. 5005 – Receipt of Cash and Collection Policy**
       2. BP No. 5006 – Imprest Fund**
       3. BP No. 5007 – Indirect Cost (returned to committee for review/endorsement.)
       4. BP No. 5008 – Stipends & Honoraria (returned to committee for review/endorsement.)
       5. BP No. 5009 – Travel Policy**
    6. Review and Approval for Chapter 6 (Human Resources) Policy**
       1. BP No. 6007 – Employment (to be reviewed/endorsed by the appropriate committee(s).
       2. BP No. 6010 – Leave (amendment to section 4 on “Maternity Leave”.)**
    7. Review of Chapter 8 (Information Technology) Policy
       1. BP No. 8009 – Computer Technologies Specific Policies (reviewed by the Executive Committee and was returned to the ICT committee for further review/endorsement).
12. Executive Session
13. Next Meeting
14. Adjournment

**Action Item

(09/19/23)