Business, Finance and Facilities Committee

Membership:
Amy J. Carvalho, Chair
Patrick R. Carter, Vice Chair
Patrick J. Boylan
Byron Brooks
Donald Sylvantee McMichael Sr.
Lois Tarkanian

Charges: The Business, Finance and Facilities Committee shall:

• Review and recommend to the Board the operating budget requests and work programs for the NSHE, with the primary objective of affirming the connections between the NSHE Master Plan and System-wide priorities, budget requests and funding allocations.
• Review and recommend to the Board the self-supporting budgets and work programs for the NSHE.
• Make recommendations to the Board for the financing of the activities of the NSHE and the expenditure or use of NSHE financial resources.
• Review institutional and System proposals that create added fiscal requirements and/or alter established planning directions.
• Oversee System direction of, or participation in, studies of funding mechanisms and approaches for public higher education in Nevada.
• Review and make recommendations on NSHE risk management and insurance programs.
• Monitor the technology needs and systems of the NSHE to ensure optimal use of resources for integrated System-wide information systems and other proper strategic uses of technology within the NSHE.
• Review institutional requests to purchase or dispose of NSHE property.
• Review all institutional requests to enter into property lease agreements in accordance with Board policy and applicable law.
• Review any requests to lease NSHE property to an outside agency or private entity.
• Review the land acquisitions and disposal portions of all institutional master plans.
• Review all institutional requests for easements on NSHE property.
• Review annual update of all NSHE property holdings and long-term leases.
• Review and recommend to the Board the NSHE capital improvement priority lists, with the primary objective of affirming the connections between the requests and the institutional facilities master plans.
• Review and recommend to the Board institutional facilities master plans.
• Review and recommend to the Board a System space utilization model and periodically review institutional and System-wide space utilization data.
• Review and make recommendations to the Board regarding the Board’s Efficiency and Effectiveness Initiative.