June 24, 2008
9:00 am
Thompson Conference Room
Tillman Building
Winthrop University

Minutes of Meeting of the Board of Trustees 

Members present:  Karl Folkens (Chair), Kathy Bigham, Janet Smalley, Glenda Owens,  Frances Davenport, Jane LaRoche, Leland Cox,  Dalton Floyd, Samuel Foster, Anthony J. DiGiorgio (ex officio)

Members absent:  David Vipperman, Susan Smith-Rex, Donna Tinsley

Representatives present:  Cheryl Fortner-Wood, Faculty Representative

Others present:  Kimberly Faust, Robert Thompson

The Board of Trustees met via teleconference on Tuesday, June 24, 2008. 

Call to Order
Chair Folkens called the meeting to order at 9:21 a.m. This is a special meeting called to consider the 2008-09 fee schedule.

President DiGiorgio took the floor to update the Board on the status of the budget and state appropriations.  Whereas the state has been in economic downturns in the past, this time is unique because of the structural issues such as tax revenues and will most likely not be a short term problem. 

The state has not yet finalized the budget nor our final appropriations amount.  Therefore, the president recommended the Board consider setting a self-imposed cap on tuition not to exceed 8.7% .       

Given this cap, Winthrop will continue to tweak the spending plan in over the next couple of weeks, with the overall goal being to trim the projected increase as much as we responsibly can, while still keeping faith with the quality expected of Winthrop.

The president then reviewed the most recent allocation status report with the Board by pointing out the various commitments for the upcoming fiscal year. 

Old Business
There was no old business.

New Business
There was no new business.

Glenda Owens moved, seconded by Lee Cox, that the Board adjourn.  The motion was passed unanimously by voice vote and the Board adjourned at 10 a.m.

Minutes submitted by Kimberly Faust, Secretary to the Board for 2008-09 .