| | The University incurs direct and indirect costs with each board meeting. According to the University, direct costs per meeting average $1,005. These costs include postage, printing, commodities, and catering. Increasing the number of meetings from four to twelve would increase annual direct costs from approximately $4,020 to approximately $12,060. In addition to the fixed direct costs, the University incurs indirect costs when preparing for Board meetings. These include time expended in solicitation and preparation of inputs, reports, and documents by Deans, Directors, Vice Presidents, and the President, as well as their respective staffs. Increasing the number of board meetings from four to twelve would increase the workload of affected employees by an indeterminate number of hours and could result in additional personal services costs. |