Board of Trustees Meeting Report from Chancellor Boschini

Earlier today, at the conclusion of the regularly scheduled fall Board of Trustees meeting, Chancellor Boschini shared the following synopsis of board action:

Dear Campus Community,

The Texas Christian University Board of Trustees held its regularly scheduled fall meeting starting Wednesday of this week and ending today. The Board approved many important resolutions and policies that are effective immediately, including:

Fiscal Year 2019 Tuition Rate
The annual full-time undergraduate tuition rate will increase by 4.9 percent, from $44,670 to $46,860, for academic year 2018-2019, while hourly undergraduate and graduate rates also will increase by 4.9 percent. Need-based financial aid will also increase by at least the same 4.9 percent.

This action follows extensive analysis and discussion. An increase in tuition is proposed only after careful consideration of what is needed to achieve goals and continue the upward trajectory as part of Vision in Action, our strategic plan set forth by the Board of Trustees that has solidified who we are as an institution by addressing three key strategic areas: academic profile/reputation, size/balance and campus environment.

Major Capital Projects

School of Music Performance Hall – including a 700-seat performance hall as well as rehearsal rooms for orchestra, band and percussion. Other rooms include a green room, a dressing room for performers, offices and other individual practice rooms.

Fine Arts Building – a new 33,000-square-foot facility, which will include classrooms, design studios, archival storage for textiles, testing and construction labs for textiles, faculty and support offices, student study space and meeting rooms. Construction will begin February 2018 with the anticipation for the project to be completed June 2019 to support fall 2019 instruction.

New Residence Halls in Worth Hills – two new residence halls providing 301 additional beds in suite-style configuration. Additionally, the new residence halls will optimize the balance of site utilization while providing complementary but unique architecture within the Worth Hills area. Construction will begin spring 2018 in order to have the two new residence halls ready for fall 2019 occupancy.

Bellaire Drive North Improvements – the project encompasses utility relocations and corresponding infrastructure support to close the portion of Bellaire Drive North from Stadium Drive to Rogers Avenue and transform it into a private pedestrian walk space. Public water and sewer lines will be relocated, as will private electric and gas distribution. The city of Fort Worth will be engaged to vacate the road and create enhanced traffic control at Berry Street. Construction will begin spring 2018.

Amon G. Carter Stadium Expansion – project scope calls for two new levels of luxury seating above the current upper deck. The expansion will include premium-level seating up to 1,500 seats and as many as 20 suites. Construction is targeted to commence May 2018 with completion prior to the start of the 2019 football season.

Emeritus Trustee Status
The board approved the recommendation for emeritus trusteeship status for former Chairman of the Board of Trustees Clarence Scharbauer III, recognizing his 27 years of service on the board of trustees and his many contributions to TCU.

Revised TCU Policy on Prohibited Discrimination, Harassment and Related Conduct
As required by state law, the board of trustees approved revisions to the TCU Policy on Prohibited Discrimination, Harassment and Related Conduct. Please watch TCU This Week for more information.

Approval of Faculty Tenure and Promotion Recommendations
After careful review at multiple levels within the University, in accordance with the process outlined in the Handbook for Faculty and Staff, the board approved the tenure and promotion recommendations presented.

In addition to these action items, the board of trustees heard updates on the work of the Diversity, Equity and Inclusion Committee; enrollment numbers and current admission application status; the TCU and UNTHSC School of Medicine; and graduation rates, among other topics. Please watch TCU This Week and other campus communication for additional details on any of these items as they become available.

As always, thank you for all you do for this outstanding university as we continue to achieve our strategic goals and remain a positive force for the greater good. Lead On!

Sincerely,
Victor J. Boschini, Jr.
Chancellor