The Board of Trustees will review the earned degrees report from the Fiscal Year 2012 and income-producing contracts at its meeting Friday.

The degree report is an annual announcement to the board that details the number of degrees awarded to students during a fiscal year and breaks the amount down into bachelor’s, post-bachelor’s, master’s and specialist degrees.

According to the board reports for the meeting, Eastern awarded a total of 2,782 degrees in FY 2012, which was down from FY 2011 when 2,907 were awarded.

A large portion of the agenda is dedicated to income-producing contracts, although Treasurer Paul McCann said the review of the contracts is a yearly occurrence

“The income-producing contracts are just an informational item,” he said. “It’s never been anything that we really discuss and we just present it.”

McCann said the board had requested the review of the contracts years ago, and the board has reviewed them annually ever since.

“Every year we provide that report to them so they know to some extent on campus,” he said. “Since this is money coming in rather than going out, it generally doesn’t raise a lot of questions.”

The top three income-producing contracts include the Senior Nutrition Program, the Community Service Grant and the Child Care Resource and Referral.

The Senior Nutrition Program produced $1,234,103 from Oct. 1, 2011 to Aug. 30, 2012.

The Community Service Grant, which is from the Corporation For Public Broadcasting and supports the operations of WEIU-TV, produced $738,446.

A continuation grant to fund the Child Care Resource and Referral Program produced $405,817.

The extensive list includes contracts from all aspects of Eastern includes grants, camps, conferences and other agreements including athletic, food industry and banking services.

The contracts add up to more than $8 million for FY 2012, but saw a decrease from the more than $9 million last fiscal year.

McCann also said the board will discuss a labor agreement

“Traditionally, we’ve never really had any problem once we negotiate and agree, everybody seems to fall in line,” he said.

The board will also review the deposit and investment report for the quarter.

McCann said he reports to the board about deposits and investments each quarter of the fiscal year.

This includes operating funds, investments, endowment funds and bond funds.

A labor agreement will also be discussed concerning the Laborers’ Local #159.

The tentative agreement, which concerns five members of the bargaining unit, was reached in late October about wages and language in the agreement.

Members of the board will also highlight events and recognitions around campus including alumni awards, the formation of new committees such as the Steering Committee for Program Analysis, and student successes.

The Board of Trustees meets at 1 p.m. Friday in the Grand Ballroom of the Martin Luther King Jr. University Union.

Robyn Dexter can be reached at 581-2812 or [email protected].