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Sept. 20, 2013
The Northwest Missouri State University Board of Regents during its regular meeting Friday, Sept. 20, approved revisions to the University’s investment policy as well as to the Faculty Senate Constitution.
The revised investment policy approved by the Board has been expanded and reformatted with updates for safeguards and controls in regard to external management of funds. In addition, the revised policy includes expanded rules for authorized investments.
In August, the Board gave approval for the University to engage PFM Asset Management LLC to invest the University’s funds in accordance with its investment policy. Subsequently, Northwest worked with PFM Asset Management and its legal counsel, Husch Blackwell, to update the investment policy.
In other business, the Board approved a revision to the Faculty Senate Constitution that removes limits of the number of faculty who can serve on the Senate’s Academic Appeals committee. The Board also approved revisions to its own bylaws based on best practices studied through legal counsel and as a result of a Board study during recent months.
The meeting began with an awareness session during which Northwest Vice President of Information Technology Dr. Roger Von Holzen and Student Senate President Cody Uhing discussed a tablet program Northwest is piloting this fall. Within the pilot program, select students are using an HP Elite Pad tablet in place of the HP ProBook notebook computers provided to all Northwest students through the University’s laptop program. Von Holzen explained Northwest will continue the pilot throughout the fall trimester and gauge student feedback as it considers its laptop program for next fall.
Additionally, after its regular meeting, the Board conducted a work session that included a tour of the Northwest campus and facilities, a lunch at the University’s new dining facilities in the J.W. Jones Student Union, and a discussion of the University’s refined strategic planning process.The Board of Regents is responsible for sound resource management of the University and determining general, educational and financial policies.
Mark Hornickel, Communication Manager
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Northwest Missouri State University
215 Administration Building | 800 University Drive | Maryville, MO 64468