Meeting Agenda

Oakland University
Board of Trustees
Audit Committee Meeting
October 18, 2024, 9:00 a.m.
Oakland Center, Banquet Rooms A & B
Presiding: Chair David Kramer

Agenda

A.   Call to Order -- Chair David Kramer
B.   New Items for Consideration
       Tab 1.    Approval of Minutes of the Audit Committee Meeting of April 12, 2024 – Chair David Kramer
       Tab 2.    Draft Financial Statements, June 30, 2024 and 2023 – Stephen W. Mackey -- Greg Soule, Andrews Hooper Pavlik PLC
       Tab 3.    Schedule of Expenditures of Federal Awards, Year Ended June 30, 2024 – Stephen W. Mackey -- Greg Soule, Andrews Hooper Pavlik PLC
       Tab 4.    Internal Audit Department Audit Charter – Lisa M. Hutchins
C.    Other Items for Consideration that May Come Before the Committee
D.    Adjournment
E.    Closed Session

Consideration.  The Audit Committee reserves the right to add or delete agendum items during any meeting and to discuss or postpone any agendum item during any meeting.  If a quorum of the Board of Trustees is present at an Audit Committee meeting, the Board of Trustees reserves the right to convene a Special Formal Session to act on any agendum item presented to the Audit Committee.
Rules for Addressing the Board.  Public comment requests should be sent to the Oakland University Secretary to the Board, Dr. Joshua D. Merchant via email at [email protected].  Requests to address the Board must be received at a minimum of 48 hours in advance of the Audit Meeting.  Requests must include 1) name, 2) group representing (if applicable), 3) contact information (phone number, address, and email address), 4) Oakland University relationship, 5) topic, and 6) rationale.  Note:  Individual comments are limited to two (2) minutes per speaker with no more than 4 speakers per topic.
Disabilities and Special Assistance.  Any person with a disability requesting special assistance should contact the Office of the Board of Trustees no less than three (3) business days before the scheduled meeting for which the special assistance is being requested.
Contact Information.  Contact the Board of Trustees in writing at Oakland University, Wilson Hall, Room 3026, 371 Wilson Blvd., Rochester, Michigan 48309-4486, by telephone at (248) 370-3112, or by email at [email protected].

 10/16/24

Oakland University
Board of Trustees Formal Session
October 18, 2024, 10:00 a.m.
Oakland Center, Banquet Rooms A & B
Presiding: Chair Joe Jones

Agenda

A.   Pledge of Allegiance
B.   Call to Order -- Chair Joe Jones
C.   Roll Call -- Secretary Joshua D. Merchant
D.   President's Report -- President Ora Hirsch Pescovitz
E.   Consent Agenda for Consideration/Action -- Chair Joe Jones
       Tab 1.    Consent Agenda
                      Tab 2.    Treasurer's Report
                      Tab 3.    Minutes of the Board of Trustees Formal Session of August 2, 2024
                      Tab 4.    University Personnel Actions  
                      Tab 5.    Acceptance of Gifts and Pledges to Oakland University for the Period of June 18, 2024 through
                                   October 1, 2024
                      Tab 6.    Acceptance of Grants and Contracts to Oakland University for the Period of May 1 – June 30, 2024
                      Tab 7.    Acceptance of Grants and Contracts to Oakland University for the Period of July 1 – August 31, 2024 
                      Tab 8.    Final Undergraduate School Report, Winter 2024 - April 24, 2024
                      Tab 9.    Final Graduate School Report, Summer Semester 2024
                      Tab 10.  Schedule of Expenditures of Federal Awards, Year Ended June 30, 2024
                      Tab 11.  Fiscal Year 2026 Five-Year Capital Outlay Plan and Fiscal Year 2026 Capital Outlay Project Request
                      Tab 12.  Golf and Learning Center Operating Budget for Calendar Year Ending December 31, 2025
                      Tab 13.  OUWB School of Medicine O'Dowd Hall Renovation/Addition – Plaza Upgrade
                      Tab 14.  Internal Audit Department Audit Charter                
F.   New Items for Consideration/Action
      Tab 15.   Investment Advisors' Reports -- Stephen W. Mackey
      Tab 16.   Financial Statements, June 30, 2024 and 2023 -- Trustee David Kramer
      Tab 17.   Approval of Construction Manager for Science Complex Renovation Project -- Kevin J. Corcoran and Stephen W. Mackey
      Tab 18.   Agreement Between Oakland University and the Oakland University Chapter of the American Association of University Professors (AAUP)
                      August 15, 2024  – August 14, 2029 -- Joi M. Cunningham           
G.   Other Items for Consideration/Action that May Come Before the Board
H.   Trustee Comments & Discussion 
I.    Adjournment 

Action. The Board of Trustees reserves the right to add or delete agendum items during any formal session and to discuss, act on, or postpone, any agendum item during any formal session.
Rules for Addressing the Board. Public comment requests should be sent to the Oakland University Secretary to the Board, Dr. Joshua D. Merchant via email at [email protected]. Requests to address the Board must be received at a minimum of 48 hours in advance of the Board Meeting. Requests must include 1) name, 2) group representing (if applicable), 3) contact information (phone number, address, and email address), 4) Oakland University relationship, 5) topic, and 6) rationale. Note: Individual comments are limited to two (2) minutes per speaker with no more than 4 speakers per topic.
Disabilities and Special Assistance. Any person with a disability requesting special assistance should contact the Office of the Board of Trustees no less than three (3) business days before the scheduled formal session for which the special assistance is being requested.
Contact Information. Contact the Board of Trustees in writing at Wilson Hall, Room 3026, 371 Wilson Blvd., Oakland University, Rochester, Michigan 48309, by telephone at (248) 370-3112, or by email at [email protected].

10/16/24

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