Present: Jonathan Brand, David Clay, Tom Crady, Leslie Gregg-Jolly, John Kalkbrenner, Jacob Kaufman-Osborn, Mark Montgomery, Mickey Munley, Russell Osgood, Todd Reding, Susan Schoen, Helen Scott, Marci Sortor, Jim Swartz, and Karen Voss. Student Observer: Doja Khandkar. Guests: Amy Anderson, Associate Director of Accounting, Nancy Combs, Director of Accounting, and Brent Jaeger, Manager, Campus Information Services.

Jonathan Brand opened the meeting at 12:06 p.m. Central Standard Time. He introduced Amy Anderson, Nancy Combs, and Brent Jaeger, who made a presentation on how technology can facilitate budget management. The presentation was well received and after a period of questions and answers, the committee approved forming a subcommittee to work with Amy, Nancy, and Brent to discuss possible future enhancements and how to present this technology to people on campus. Discussion ensued.

The Committee next began a discussion of the latest FY05 budget model. Jonathan Brand described the Board's deliberation of the proposed budget model at its recent meeting on campus which included a discussion of the broad budget parameters. Discussion ensued.

The meeting was adjourned at 12:55 p.m. Central Standard Time.

Respectfully submitted,

Susan M. Schoen

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