{"content":[{"text":"President for Finance and Administration (VPFA) of the University may expend \n or authorize the expenditure of this sum and up to three percent more, subject to \n applicable law. In the event that such expenditure authority is insufficient, the \n VPFA may seek additional expenditure authority from the Finance and \n Administration Committee of the Board of Trustees.","bbox":{"left":0.176503,"top":0.090837,"width":0.701403,"height":0.087335}},{"text":"2.","bbox":{"left":0.147098,"top":0.195534,"width":0.015621999999999997,"height":0.017486}},{"text":"An auxiliaries budget equivalent to FY2019 (in the sum of $17,649,328) is \n temporarily adopted for FY2020. During FY2020, the VPFA may expend or \n authorize the expenditure of this sum and up to three percent more, subject to \n applicable law. In the event that such expenditure authority is insufficient, the \n VPFA may seek additional expenditure authority from the Finance and \n Administration Committee of the Board of Trustees.","bbox":{"left":0.176503,"top":0.195534,"width":0.68576,"height":0.10475899999999996}},{"text":"3.","bbox":{"left":0.147098,"top":0.317845,"width":0.015621999999999997,"height":0.017486}},{"text":"A designated operations budget equivalent to FY2019 (in the sum of $4,482,329) \n is temporarily adopted for FY2020. During FY2020, the VPFA may expend or \n authorize the expenditure of this sum and up to three percent more, subject to \n applicable law. In the event that such expenditure authority is insufficient, the \n VPFA may seek additional expenditure authority from the Finance and \n Administration Committee of the Board of Trustees.","bbox":{"left":0.176503,"top":0.317845,"width":0.6967920000000001,"height":0.10475899999999999}},{"text":"4.","bbox":{"left":0.147098,"top":0.439966,"width":0.015621999999999997,"height":0.017486}},{"text":"At its next regularly scheduled meeting (October 2019), the Board of Trustees \n will review and adopt permanent operating, auxiliary, and designated budgets \n for FY2020.","bbox":{"left":0.176503,"top":0.439966,"width":0.6816230000000001,"height":0.05248599999999998}},{"text":"VOTE: Unanimously approved","bbox":{"left":0.117686,"top":0.527264,"width":0.272302,"height":0.017486}},{"text":"DATE: June 21, 2019","bbox":{"left":0.117686,"top":0.562264,"width":0.19119599999999998,"height":0.017486}},{"text":"Recorded by the University Board Secretary:","bbox":{"left":0.117686,"top":0.631961,"width":0.38872199999999996,"height":0.017486}},{"text":"____________________________________","bbox":{"left":0.117686,"top":0.70181,"width":0.338447,"height":0.017486}}],"images_bbox":[],"images_bbox_not_text_overlap":[]}