Present: Jonathan Brand, David Clay, John Kalkbrenner, Mark Montgomery, Mickey Munley, Jack Mutti, Russell Osgood, Todd Reding, Susan Schoen, Helen Scott, Marci Sortor, Jim Swartz, Frank Thomas, and Karen Voss.

Jonathan Brand opened the meeting at 8:08 a.m. Central Daylight Time. He explained the sole goal of the meeting was to identify discussion items for meetings of this Committee during the upcoming summer before the work on the FY05 budget begins.

Discussion ensued about the College's comprehensive fee policy. The Board is currently undertaking work on establishing policies for our investment practices and endowment use, both of which will impact any discussion of a policy for comprehensive fees. Russell Osgood stated that setting policy concerning the endowment and the College investments is the unique province of the Board and will most likely occur without substantial open and public discussion and will also most likely not be confirmed until it hears the recommendations developed by the Strategic Planning Committee. The Committee agreed this will not be an agenda item for any of its work this summer.

The Committee continued its pursuit of future agenda items and decided on two primary issues:
1) Discussions of staffing reductions/additions
2) Ways to save money either by the elimination or reduction of some of the College's programs or areas

Related to item #1, a subcommittee of Jim Swartz, John Kalkbrenner, Mickey Munley, Kristin Lovig, and Jonathan Brand will meet to discuss staffing reductions/additions in order to prepare the committee for a productive discussion at its next meeting. The Committee further agreed that ideas related to item #2 should be relayed to Jonathan Brand, who will compile those suggestions for a future meeting.

The meeting adjourned at 8:44 a.m. Central Daylight Time.

Respectfully submitted,

Susan M. Schoen

/s