Board of Regents

Zoom link https://comfsm.zoom.us/j/3061339702?pwd=dnM3UmJKWW83V0JFdjhCNDNMbmVsUT09&omn=98242670202

Meeting ID: 306 133 9702

Passcode: 133187

1. Call to Order
2. Opening Prayer
3. Reading of the Mission Statement
4. Roll Call; Declaration of Quorum
5. Election of Officers
6. Review and Approval of the Agenda
7. Approval of Minutes
   
   1. 26- 29 August 2025, Board Meeting
8. Communications from the Office of the President (OTP)
   
   1. 5 September: COM-Land Grant Board of Regents Meeting
   2. 10 September: Meeting with Reitaku University Professor, Mr. Masaaki Matsushima
   3. 11 September: Courtesy call by Dr. Yimnang Golbuu (Dir. for Coral Resilience in the Micro-Poly Region
   4. 23 September: U.S. Ambassador and Sea Bees Team (VPIS was included in this meeting)
   5. 29 September – 4 October: Screening of Dr. Nicole Yamase’s Film Remathau
   6. 8 October: Board of Regents Retreat (facilitated by ACCT)
   7. 9 October: Pacific Post-Secondary Education Council (PPEC)
   8. 22-26 October: ACCT Leadership Congress Conference
   9. 17-21 November: 2025 Asia Pacific Fiduciary Studies (APAFS) ppt
9. Regents’ Reports ppt
10. President’s (SLT) Reports ppt
    
    1. President
    2. Vice President for Innovation & Sustainability ppt
       
       1. Financial Status Report: Comptroller
       2. PPMO & Facilities & Maintenance Report
       3. Cooperative Research and Extension Report
       4. Raymond and James Updates
       5. Resolution for Students’ unpaid tuition
    3. Vice President for Enrollment Management and Student Services
       
       1. Student Body Association (SBA)
    4. Vice President for Instructional Affairs
    5. Vice President for Institutional Effectiveness and Quality Assurance
11. Old Business
    
    1. Review of Chapter 6 (Human Resources) Policies
       
       1. Board Policy No. 6005 – Positions and Classes of Positions
       2. Board Policy No. 6006 – Kinds of Positions and Appointments
    2. Board Policy No. 1490 – Endowment Fund (consolidated policies – to be presented by VPIS)
12. New Business
    
    1. FY2027 Operations Budget
       
       1. Consolidated FY 2027 Operations Budget
    2. FY 2027 FSM-FMI Budget
       
       1. Consolidated FY 2027 FSM-FMI Budget
    3. FY 2027 Auxiliary Enterprise Budgets
       
       1. Bookstore Budget
       2. Dining Hall Budget
    4. FY2027 Board of Regents Budget
    5. Review of Chapter 1 (Board Policies) Policies
       
       1. Board Policy No. 1310 – Board Meeting (to be presented by VPEMSS)
       2. Board Policy No. 1311 – Notice of Meetings and Agenda (to be presented by VPEMSS)
    6. Review of Chapter 3 (Instructional Affairs) Policies
       
       1. Board Policy No. 3114 – Repeats Policy
       2. Board Policy No. 3115 – Incompletes Policy
       3. Board Policy No. 3301 – Class Size Policy
       4. Program Modification (Associate of Arts in Micronesian Studies)
    7. Review of Chapter 4 (Student Services) Policies
       
       1. Board Policy No. 4903 – Student Complaint
       2. Board Policy No. 4904 – Chewing Betel Nut
       3. Board Policy No. 4905 – Alcohol
       4. Board Policy No. 4906 – Illicit Drugs
    8. Review of Chapter 6 (Human Resources) Policies
       
       1. Board Policy No. 6008 – Employment Contract
       2. Board Policy No. 6010 – Leave
       3. Board Policy No. 6011 – Optional Benefits
       4. Board Policy No. 6014 – Institutional Benefits
    9. Review of Chapter 7 (Maintenance) Policies
       
       1. Board Policy No. 7001 – Facilities Operation & Maintenance Fund
       2. Board Policy No. 7007 – FSM China Friendship Sports Center
    10. Review of Chapter 8 (Information Technology) Policies (to be presented by the IT Consultant)
        
        1. Board Policy No. 8000 – Technology Fee Policy
13. Miscellaneous
14. Executive Session
    
    1. Endowment Fund discussion
    2. Evaluation of the President/CEO
    3. Board Self-Assessment
15. Next Meeting
16. Adjournment

**Action Item