August 2016 Meeting Minutes

Board of Trustees Meeting Minutes

August 11, 2016

The Northark Board of Trustees met in regular session Thursday, August 11, 2016, in the Bennie Ellis Board Room on the South Campus. Chair Scott Miller called the meeting to order at 3 p.m. Trustees Kirk Campbell, David Evans, Bill Lovell, Jim Milum, and Jane Adair and Dr. Marcus Jones were present. Trustees Sara Jo Fendley and Matt Miller were absent.

Northark personnel attending included Dr. Randy Esters, Dr. Gwen Gresham, Don Sugg, Dr. Rodney Arnold, Katie Vaughn, Jamie Stevens, Chad Johnson, Kris Greening, Kristin Griffin, Kristy Thomas, Micki Somers, Sharla Hellen, Lori Currie, Sarah Bing, Randy Scaggs, Stacie Klott, Dr. Laura Berry, Ricci Dillon, Rick Williams, Sarah Bing, Sharla Hellen, Kevin Somers, Kristy Thomas, Nell Bonds, and Cheryl Keymer. Lee Dunlap and David Holsted represented the Harrison Daily Times. Chair Miller recognized Don Tomlinson, Chris McNew, and R.G. Ernst who were also in attendance.

Approval of Agenda: Chair Scott Miller requested approval of the agenda, which passed unanimously.

Regular Reports:

Finance Report: Don Sugg provided the year‐end report for fiscal year 2015‐2016, which indicated that Northark ended the year with an actual revenue of $460,000. Additionally, the GASB68 act provided a credit of $443,777. Without the GASB 68, Northark ended the year with a $2,775,739 fund balance. The auxiliary fund was also reviewed which experienced a small deficit for FY2015‐2016 of $4,000. Don reported numbers through July 31, 2016 indicating about 5% of budgeted activity.

President’s Report: Dr. Esters reported enrollment numbers through August 10, 2016 compared to number through August 10, 2015. Headcount had increased by about 200 students and student semester credit hours increased by about 2600. He discussed that the drop for nonpayment had been extended this year which could cause the numbers to decrease after the extended deadline. Dr. Esters also discussed various enrollment strategies to help increase enrollment in the last few weeks before school. Dr. Esters discussed Northark’s ranking in affordability compared to other institutions and gave an update on the search process for the Vice President of Academic Affairs.

Approval of Consent Agenda: Chair Scott Miller requested a motion to approve the Consent Agenda which included the July Regular Meeting Minutes, the transfer of the NAPHE C.N.A. Program Director from the NARMC budget to the Northark budget, and the approval for researching the refinancing of outstanding bonds. Trustee Milum made a motion to approve the Consent Agenda which was seconded by Trustee Campbell and passes.

Monitoring Reports:

Graduation Rates & GED Graduation Rates: Dr. Gresham reported Northark Graduation Rates and GED Graduation rates. Graduation rates have remained between 23% and 24% since 2013. The Guided Pathways project and On Course training were two recent improvements to help Northark reach its goal of 30% graduation. GED Graduation rates have consistently trended above 90%.

Board Comments:

Don provided an update on the North Campus roof. There being no further business, Chair Scott Miller requested a motion to adjourn, which was made by Trustee Milum, seconded by Trustee Evans, and carried. The meeting adjourned at 4:30 p.m.


______________________                                                        Submitted by: Trish Villines

Chair Miller