| Standing Committee - Finance and Administration|
Finance and Administration Committee
The Finance and Administration Committee supports the Board’s responsibilities for the budget process, accountability, and fiscal efficiency in general. The Committee is responsible for making recommendations to the Board on matters pertaining to the purchase, lease, sale, construction, and maintenance of University owned or controlled land and buildings; on fiscal policies; oversight of the fiscal accounts and operations of the University, including budget, audits, investments, and the impact of the foregoing on the University’s overall fiscal condition, mission and purpose.
This Committee also constitutes and serves as the Board’s Audit Committee overseeing the internal audit function and receiving the annual audit report of the Auditor of Public Accounts. The Internal Auditor shall report to the Board through the Audit Committee. The Audit Committee shall have direct access to external auditors to assess the auditors’ performance, the scope of each audit, and the adequacy of the system of internal controls.
- Dr. Byron L. Cherry, Sr., Chair
- Lloyd Banks, Jr.
- Larry A. Griffith
- Peter J. Kao
- Beth Murphy
- Michael D. Rochelle
Staff: Gerald E. Hunter, Vice President, Finance and Administration