Board of Trustees
Committees
Academic Enterprise, Research, & Student Success Committee
Purpose
The Academic Enterprise, Research, and Student Success Committee is a standing committee of the Board of Trustees. The Committee provides strategic guidance and informed oversight in five critical areas:
- Admission and performance standards to recruit and retain top students
- Co-curricular and student life programs that foster student success
- Reputable, mission-aligned academic programs that produce successful graduates
- Applied, industry-aligned research activities that address problems critical to Florida and advance Florida’s economy; and
- The alignment of policies and resources to support student success, faculty excellence, academic quality, and research productivity
Through this work, the Committee ensures that academic excellence, research innovation, and student achievement remain central to the University’s long-term vision and goals.
Responsibilities
The Committee’s responsibilities include, but are not limited to, providing guidance and, when appropriate, making recommendations to the full Board of Trustees on:
- Institutional Accreditation
- Academic program development, review, accreditation, and termination
- Student admission and performance standards
- Student success and institutional performance goals
- Major academic and student affairs initiatives
- Research priorities and industry partnerships
The Committee also reviews and recommends reports to the Board for approval, such as:
- Textbook and Instructional Materials Report
- University Accountability Plan
- Foreign Influence Annual Report
- General Education Courses
Committee Members:
Finance & Facilities Committee
Purpose
The Finance and Facilities Committee is a standing committee of the Board of Trustees. responsible for providing policy guidance and strategic oversight of the University’s financial, facilities, and other real estate matters for both the University and its direct support organizations (“DSO”).
Responsibilities
The Committee’s responsibilities include, but are not limited to, receiving and reviewing information regarding the financial and facilities operations of the University; and reviewing and, when appropriate, recommending to the Board for its approval:
- the University’s Annual Operating and Fixed Capital Outlay Budgets
- the University’s Investment Policy
- the University’s Capital Improvement Plan (CIP) including the Public Education Capital Outlay (PECO) list
- the University’s Carryforward Budget
- the University’s Legislative Operating Budget Request
- the University’s Campus Master Plan
- all University debt issuances
- honorary and donative naming of University facilities
- all tuition, room rents, and other student fees and fines that are required by state statute to be approved by the Board
Committee Members:
Governance, Audit, & Compliance Committee
Purpose
The Governance, Audit, and Compliance Committee is a standing committee of the Board of Trustees. The Committee monitors the overall organizational tone for quality financial reporting; sound business risk practices; compliance with applicable laws and regulations, policies, and ethical behavior; and good governance practices. The Committee receives and reviews both internal and external auditors’ reports ensuring that timely and appropriate corrective actions have been taken. The Committee also approves the audit and compliance plans for University Audit and Compliance and monitors the progress of each plan.
*For a more detailed Audit and Compliance Charter, please see separate documentation on the Governance, Audit and Compliance Committee’s webpage.
Responsibilities
The Committee’s responsibilities include, but are not limited to, providing guidance and, when appropriate, making recommendations to the full Board of Trustees on:
Governance:
- Review Board bylaws every three years and recommend changes as necessary to the full Board
- Nominate a chair and vice chair of the Florida Polytechnic University Board of Trustees for consideration by the full Board
- Inform members of corporate governance best practices and make recommendations to the Board and its committees
- Reviewing proposed changes to University regulations and policies which are not reviewed by another Board committee
- Oversee an annual evaluation of the performance of the President
- Oversee an annual evaluation of the Board’s performance
- Provide recommendations to the Board regarding the President’s compensation adjustments and employment agreement
- Oversee and approve changes to President’s supplemental retirement plan
- Provide recommendations to the Board regarding Board member education, including regularly scheduled board member training and attendance at Board of Governors meetings
Audit and Compliance:
- Assist the Board of Trustees in fulfilling oversight responsibilities in relation to financial reporting, internal control systems, risk management systems, compliance with laws rules and regulations and internal and external audit functions
- Adopt flexible procedures to react to changing conditions and provide reasonable assurances to the Board that the scope of audit services and the adequacy of the internal control systems are in compliance with state and federal laws, regulations and requirements
- Direct the Chief Audit Executive and/or the Chief Compliance Officer (CAE/CCO) to conduct investigations into any matters within its scope of responsibility and obtaining advice and assistance from outside legal, accounting, or other advisers, as necessary, to perform its duties and responsibilities. Meeting with and seeking any information it requires from employees, officers, directors, or external parties
- Conduct or authorize investigations into matters within the committee’s scope of responsibilities. The Committee is empowered to retain independent accountants, counsel, or others to assist it in the conduct of any investigation
- Review and monitor implementation of management’s response to internal and external audit recommendations
Additional Links:
Committee Members:
Land Development Committee (ad hoc)
Purpose
The Ad Hoc Committee on Land Development is a special committee of the Board of Trustees responsible for providing policy guidance and strategic oversight regarding the real estate property surrounding the campus and navigating any acquisition of additional land to support the University’s applied research needs.
Responsibilities
The Committee’s responsibilities include, but are not limited to, receiving and reviewing information regarding neighboring property availability and land valuations, and reviewing and, when appropriate, recommending to the Board for its approval:
- Strategic plans for the acquisition of additional land designated for applied research
- Negotiation parameters and purchase agreements for target properties surrounding the campus
- Funding and financing strategies for proposed land acquisitions, in coordination with the Finance and Facilities Committee
- Due diligence findings, including environmental, zoning, and boundary assessments of potential land acquisitions
- Amendments to the Campus Master Plan necessitated by any proposed land acquisitions
- Strategies and recommendations for strategic engagement and collaboration with surrounding property owners
Committee Members:
Strategic Planning Committee (ad hoc)
The Strategic Planning Committee is an ad hoc committee of the Board of Trustees responsible to provide oversight for the development of the University’s strategic plan. Committee duties include reviewing the University’s strategic plan and proposing revisions when appropriate; supporting the implementation of the strategic plan; conducting targeted studies; and assessing the progress made in achieving strategic goals and objectives.
