TSM Board of Operating Trustees Meeting

TSM Board of Operating Trustees Meeting

Texas Student Media

Campus Club, Room 203

405 W. 25th Street

August 24, 2007

Agenda

I. 11:30 a.m., Convene in Open Session for Welcome and Introductions for the Board of

Trustees

A. Welcome and Introductions by Kathy Lawrence, Director of Texas Student

Media.

B. Opening Remarks by Juan C. Gonzalez, Vice President for Student Affairs.

II. 12:00 p.m. , Recess for Luncheon

III 12:45 p.m., Convene in Open Session for Board Orientation

A. History and Purpose of TSM, Kathy Lawrence

B. TSM’s Financial Structure, Merry Tillman, TSM Assistant Director for

Business

C. Advising The Daily Texan, Richard Finnell, Daily Texan Newsroom Adviser

D. Advising Television, Dan Knight, TSTV Adviser

E. Advising KVRX Radio, Mary Baird-Wilcock, KVRX Adviser

F. Advising Cactus Yearbook, Kathy Lawrence, Yearbook Adviser

G. Managing TSM Sales and Marketing, Wayne Roche, TSM Assistant Director

for Sales and Marketing

H. Directing Print and Broadcast Operations, Frank Serpas, TSM Assistant

Director for Operations

I. Advising TSM Photography, John Foxworth, TSM Photo Adviser

IV. 2:00 p.m., Recess and Convene in Open Session for the Texas Student Media Board

of Trustees Meeting

A. Election of TSM 2007-2008 Officers. Kathy Lawrence Presiding

B. Appointment of the TSM Executive Committee

C. Discussion and Possible Appointment of Other Committees

D. TSM Summer Activities Report, Kathy Lawrence

E. TSM Strategic Plan, Kathy Lawrence

F. Financial Report and Year-End Projections Presented by Kathy Lawrence,

Director of TSM, and Merry Tillman, Assistant Director for Business

G. Approval of the April 27, 2007 Board Minutes

H. Proposed Student Payrolls Presented by the Student Editors and Managers

I. 2007-2008 Goals and Summer Activities Reports from the Student Editors and

Managers

V. 3:00 p.m., Recess and Convene In Open Session for Meeting of the Executive

Committee

A. Board Elects Chairperson

B. Discussion and Appropriate Action Concerning the Meeting Schedule

VI. Adjourn

Texas Student Publications
Summary
				% of FY = 92%
	Budget	Actual	Actual	Actual to Budget
	06/07	through Jul 06	through Jul 07	% through Jul 07
ESTIMATED INCOME
Student Services Fee (Required)	419,802	384,835	384,835	92%
Other Income	2,910,364	2,444,511	2,453,503	84%
Total Estimated Income	3,330,166	2,829,346	2,838,338	85%

BUDGETED EXPENSES

Admin & Prof Salaries	397,998	347,108	365,245	92%

Classified Personnel Salaries	574,781	513,542	493,274	86%

Wages	832,581	699,506	666,732	80%

Fringe Benefits	335,172	317,719	340,062	101%

Other Expense	1,087,021	959,291	869,230	80%

Tuition & Fees	20,350	28,642	18,480	91%

Travel	33,000	33,093	16,436	50%

Allocation for Budget Adjustment	3,153	0	0	0%

Total Budgeted Expense	3,284,056	2,898,901	2,769,460	84%

EXCESS INCOME OVER EXPENSE	46,110	(69,555)	68,878	149%

Transfers:
TO: UT Administrative Charge	94,110	71,099	69,954	74%
TO: Vice-President/Student Affairs	0	15,000	15,000	0%
FROM: SSF Reserve
FROM: TSP Operations Reserve	0	0	0	0%
FROM: UT Administrative Charge	48,001	48,004	48,000	100%

EXCESS INCOME AFTER TRANSFERS	0	(107,650)	31,925