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KNOXVILLE — The University of Tennessee Board of Trustees and its Finance Committee will meet here Aug. 31.

The Finance Committee is scheduled to meet at 2 p.m. in the boardroom, 800 Andy Holt Tower. The full board meeting will follow the committee session.

The purpose of both meetings is to approve the university’s operating budget for fiscal year 2001-2002 and the budget for the UT Foundation.