January 11-12, 2006

ITEM 130-102-R0106   Approval of Agreement between Postsecondary Education Policy and Budget Subcommittee and the Board of Regents.

THAT: The Board of Regents Approves the Agreement between Postsecondary Education Policy and Budget Subcommittee and the Board of Regents.

EXPLANATION: The Postsecondary Education Policy and Budget Subcommittee (PEPB) was established to provide open communication between the Montana Legislature and the Montana University System during legislative interim periods. A member of the Governor's Office and two regents serve on the committee along with several members of the interim Education and Local Government Committee.

For the past four years PEPB has developed a set of mutually agreed upon accountability measures that will be used to measure performance in certain areas within the university system. The agreement for the current biennium was discussed and approved (unanimously) during the December 1, 2005 meeting of PEPB. The Board of Regents must now approve the agreement.