Two USM Board of Regents Committees to Meet on January 29

Baltimore, Md. (Jan. 28, 2025) – Two committees of the University System of Maryland (USM) Board of Regents will meet on Wednesday, Jan. 29.

The Committee on Governance & Compensation will meet at 8:30 a.m. Public access to the meeting is via the following dial-in information:

443-353-0686
Conference ID: 166 545 340

The committee will vote on approval of the minutes from its prior meeting on Dec. 4, 2024. The committee then will vote on whether to reconvene in closed session to discuss items exempted from public consideration under the Open Meetings Act. Those items concern collective bargaining negotiations, a pre-negotiation briefing regarding MOUs at three institutions, and certain contracts and employment agreements.

The Committee on Finance will meet at 10:30 a.m. Public access to the meeting is via the following dial-in information:

301-715-8592
Conference ID: 978 3735 3793
Password: 035535

The committee will vote on the authorization of an electric infrastructure project for a new electric bus fleet at the University of Maryland, College Park and proposed amendments to the USM Policy on Debt Management. The committee also will hear several information items. Those are the fiscal year (FY) 2024 audited financial statements; USM FY 2026 operating budget update; USM FY 2026 capital budget update; review of USM capital improvement projects; and planned use of Largo sale proceeds for University of Maryland Global Campus.

The committee will vote on whether to reconvene in closed session to discuss items exempted from public consideration under the Open Meetings Act. Those items are the awarding of contracts for instructional design support services; IT professional consulting and technical services, audio-visual hardware and services; consideration of the acquisition of real property in Riverdale Park; and the lease of properties in the City of Baltimore.

Agendas and supporting materials for Board of Regents committee meetings are here.
 

Contact: Mike Lurie
Phone: 301.445.2719
Email: mlurie@usmd.edu