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The AGB Council of Finance Committee Chairs identified the economics of tuition, workforce development, and academic programs as a topic for discussion at a recent council meeting.
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The AGB Council of Finance Committee Chairs earlier this summer identified several topics they wished to discuss at future council meetings.
Throughout the past year, members of the AGB Council of Finance Committee Chairs have debated the merits of a multiyear financial model for colleges and universities that is aligned with an institution’s multiyear strategic plan/vision.
AGB’s Council of Finance Committee Chairs held its third meeting virtually in January 2022. Below are the takeaways from this event.
The Council of Finance Committee Chairs, building on its inaugural July 2021 discussion of institutional finance issues boards must consider as part of their fiduciary duties, in October 2021 examined the problem of how to quantify and capture unrecorded liabilities (e.g., deferred maintenance) that institutions incur over time.
This new council aligns with AGB’s mission to empower college, university, and foundation boards and board members to govern with knowledge and confidence.