The looming budget cuts will dominate discussion at today’s LSU Board of Supervisors meeting.The LSU System’s 11 institutions will together face more than $102 million in budget cuts for the fiscal year beginning July 1.The Board will receive an update on planned spending cuts and a campus-by-campus evaluation of the impact on teaching and research, including job and service cut backs, according to a System news release.The Board of Regents will present its funding formula to inform the Board on a proposal to complete the financing for construction of the new $60 million College of Business building on Nicholson Extension.The Federal New Market Tax Credits would be sold to generate $10.5 million to achieve the $30 million needed in the private sector funding for the state to match the amount.The Board will also vote on the approval of the South Campus master plan and design codes.The design codes include a plan of the site that illustrates the buildings, street grid, parking lots, structures and open spaces.The architectural types range from the traditional Northern Italian Renaissance of the Quad buildings to structures such as warehouses or engineering shops.The Board will also be updated on health care matters, including the construction of the new LSU Academic Medical Center in New Orleans.—-Contact Leslie Presnall at [email protected]