Agenda Book - June 17, 2016

Harold Washington College
30 East Lake St.
11th Floor – Community Room
Chicago, IL

June 17, 2016
2:00 p.m.

1. Announcements
   1. Approval the Selection of Vice Chair of the Commission (Action)
      Action Taken: Approved
2. Approval of Minutes
   1. Approval of the April 8, 2016 Joint Investment Committee and Audit Committee Meeting (Action: Investment Committee or Audit Committee Member)
      Action Taken: Approved
   2. Approval of the April 8, 2016 Commission Meeting Minutes (Action)
      Action Taken: Approved
3. Executive Director’s Report (Information)
4. State Legislative Update (Information)
5. Approval of Fiscal Year 2017 Monetary Award Program (MAP) Recompute Formula (Action)
   Action Taken: Approved
6. Fiscal Year 2017 Budget Review and Approvals
   
   1. Approval of the Student Loan Operating Fund (SLOF) Budget (Action)
      Action Taken: Approved
   2. Approval of the Illinois Designated Account Purchase Program (IDAPP) Budget (Action)
      Action Taken: Approved
   3. Approval of the College Illinois!® Prepaid Tuition Program Budget (Action)
      Action Taken: Approved
7. College Illinois!® Prepaid Tuition Program Investments
   1. Approval of Minutes of the May 13, 2016 Meeting of the Investment Committee (Action: Investment Committee)
      Action Taken: Approved
   2. Investment Update (Information)
   3. Fixed Income Investment Management Procurement (Action)
      Action Taken: Approved
   4. Approval of Search for Investment Consultant (Action)
      Action Taken: Approved
   5. Investment Policy Review and Adoption (Action)  
      Action Taken: Approved
8. College Illinois! Prepaid Tuition Program Operations
   1. Approval of Central Marketing Agent (Action)
      Action Taken: Approved
   2. Approval of Contract Prices and Fees for 2016-2017 Enrollment Period (Action)
      Action Taken: Approved
9. Internal Audit
   1. Audit Committee Update (Information)
   2. Approval of the Fiscal Year 2017 Internal Audit Plan (Action)
      Action Taken: Approved
10. Public Comment
11. Closed Session: Personnel and Review of Closed Minutes
12. Approval of Closed Session Action Items
    1. Personnel Evaluation (Action)
       Action Taken: Approved
    2. Approval of the April 8, 2016 Closed Minutes of the Joint Investment Committee and Audit Committee Meeting (Action: Investment Committee or Audit Committee Member)
       Action Taken: Approved