Steve Heisner, Chairperson | Shawnee Community College District No. 531
Steve Heisner, Chairperson | Shawnee Community College District No. 531
Shawnee Community College District No. 531 Board Finance Committee met June 6.
Here are the minutes provided by the committee:
A special meeting of Shawnee Community College District No. 531 Board Finance Committee was held June 6, 2024 in the Founders Room and via Zoom. The meeting was called to order at 10:06 am by Chairperson Andrea Witthoft.
I. Call to Order
II. Pledge of Allegiance
III. Roll Call
The roll call was as follows:
| Present | Trustee | Present | Trustee | |
| √ | Mr. James Darden | √ | Ms. April Moore, Secretary | |
| √ | Ms. Nancy Holt | √ | Ms. Andrea Witthoft, Chairperson |
Dr. Tim Taylor, Present
Chris Clark, Vice President of Administrative Services
Tina Dudley, Executive Assistant to the President/Saints Foundation
IV. Recognition of Guests and Public Comment
V. Presentation, Discussion, and Action Items
A. FY25 Budget
i. FY25 Projections
ii. Fund Balance Options
iii. Capital Budget
iv. Equipment Budget
Chris presented on the FY25 Tentative Budget, reviewing revenue, expenses and the overall variance as well as the capital equipment list. A tentative budget will be presented to the full Board on June 20, 2024.
B. Cost Model Update
Dr. Taylor shared updates to the overall cost model/workload calculator. This includes dual credit, waivers, etc. This will be discussed in an upcoming meeting in
September/October after further refinement.
C. Health Insurance Update
Chris that due to cost escalation and low participation, a committee was formed to look at all brokerage options.
D. Board Finance Committee Charge
Members reviewed the Committee Charge, making minimal edits. An edit to the composition will be made, “at least 2 as appointed by the Board”. This change will be made during the review of the Board Policy Manual by the ad hoc Board Policy
Committee.
| ACTION – 1
A motion was made by April Moore and seconded by James Darden to adjourn the meeting at 12:01 pm. On roll call vote, the members voted as follows: J. Darden, A. Moore, N. Holt and A. Witthoft all voted Yea. The Chairperson declared the motion carried. |
Alerts Sign-up