February 2022 Meeting Minutes

February 2022 Meeting Minutes

Board of Trustees

February 10, 2022 

The North Arkansas College Board of Trustees met in regular session on Thursday, 10 February 2022 in JPH conference center. Chair Newman called the meeting to order at 3:00 p.m. Trustees Kevin Cheri, Pam Henry, Linda Pledger, Debbie Johnson, R.G. Earnest, Don Tomlinson, Scott Miller were present.

North Arkansas College personnel attending included Richard Stipe, Charla Jennings, Dr. Rodney
Arnold, Brandon Cone, Melissa Bray, Nell Bonds, Tavonda Brown, Kris Greening, Dr. Matt Cardin, Paul Edmonson, Jessica Butterfield, Ricci Dillon, David Mason, Eddie Phillips, Tara Smith, , Coleman Smith from KHOZ, and James White from Harrison Daily Times.


Approval of Agenda

Chair Newman asked if there were any changes to the agenda as presented. There being none a motion was made, unanimously approved.


Regular Reports

Finance Report—Richard Stipe shared E&G and Auxiliary budget activities through January 31, 2022.

In the E&G fund, Richard Stipe stated the year-to-date total revenue was $11,334,868. The month of January was $1,397,681. Richard stated this was slightly ahead of previous years and mainly due to state revenue coming in sooner. The expenditures were $9,053,161 and 61.3% of the year-to-date budget, which is in line with the two previous years.

Auxiliary: Revenue for the current month ended at $241,674 with a year-to-date total of $1,120,870. Expenditures current month total ended at $163,574 and a year-to-date total of $1,077,804. Richard stated the revenue and expenditures were tracking slightly ahead, but now tracking more in line with our historical trend.


President's Report—Dr. Massengale stated the Student Semester Credit Hours were 15,204 and the Headcount was 1,585 for the spring 2022 semester. Dr. Massengale stated our numbers are trending the same as five years ago. His goal is to have 2,000 students attending the Fall 2022 semester. Trustee Miller asked if the current headcount,1585 was above what was budgeted? Richard answered that it was slightly below, but not as low as anticipated.




The Transfer Fair is March 9, 2022, from 10:00 A.M. – 1:00 P.M., and The College Career Fair is set for March 10, 2022, in the Pioneer Pavilion. The construction on the North campus outdoor classroom has begun with the majority done by Northark students and faculty. Dr. Massengale mentioned the program opportunities with "Career in a Year." He ended his report with the mention of our Northark discounts to our staff, faculty, and students. The Northark sticker will be on the door or window of businesses that honor the discount.


Consent Agenda

The Consent Agenda included the January regular meeting minutes. Chair Newman asked for a motion to approve the Consent Agenda. A motion was made by Trustee Cheri, seconded by Trustee Johnson, and unanimously approved.


Monitoring Report

Richard Stipe presented the Increase reserves; improve efficiencies report. Richard reported an overview of the affordability section of the strategic objectives that included, Fund balance, Expenditures per FTE, Tuition & Fees, and Program Grants & Awards. He stated our enrollment was able to continue to function during the pandemic and we did not have a dramatic financial impact, at that moment. Northark has made progress in our fund balance as percent of revenue with Governmental Accounting Standards Board (GASB) pension & OPEB liability. Richard explained the factors that affect the expenditures per FTE are: Instruction, Academic Support, Student Services, Institutional support, Physical Plant, and Scholarships. He stated he was highly impressed with the Program Grants & Awards received – excluding Scholarships, that reached $7.5 million for 2020-2021.

The current performance indicators are: E&G fund balance and reserve continues to grow, Fund balance without GASB effect is above the minimum recommended level, expenditures per FTE student are comparable to ATYC average, Tuition rates are affordable and below the ATYC average for in-state, and Grant attainment exceeds the ATYC average. Items to continue to focus on include: increase E & G fund balance as a contingency for future challenges, increase student recruitment effort, increase student retention effort, program and reviews for greater efficiencies, effectiveness, and viability, continue to offer affordable and competitive tuition and fee rates, and continue aggressive grant attainment effort.

New Business

The New Business agenda included the Appointment of Commencement Award Committee. Chair Newman appointed Trustee Scott Miller to serve committee chair, Kevin Cheri, Debbie Johnson, and Pam Henry to serve on the committee.

There being no further business, Chair Sarah Newman adjourned the meeting at 3:50 p.m.

Board of Trustees Special Called Meeting

17, February 2021


Members of the North Arkansas College Board of Trustees met in Special Session on Thursday, February 17, 2022 via Zoom. Trustee Scott Miller, Pam Henry, and Kevin Cheri were present. The meeting was called to order at 2:00 p.m.

North Arkansas College personnel attending included Mandy Kilbourn and Micki Somers.

The purpose of this meeting was for the Commencement Award committee to discuss a recipient for the Board of Trustees commencement award. Trustee Scott Miller proposed Craig Campbell, who has been a substantial impact. Scott commented at least since 2015, Craig has shown passion and attention towards Northark’ s workforce and our students. He developed the WIN program workforce initiatives network, where the industries showcase their available careers. Craig has been greatly involved in the push for the Center of Robotics and Manufacturing Innovative building at North Arkansas College.

Trustee Pam Henry said Craig Campbell is a great choice. Trustee Kevin Cheri said he is aware of Craig’s activities and is in support for his nomination.  

Scott Miller asked Micki Somers had any comments. Micki said he has promoted North Arkansas College through videos. She said Mr. Campbell is an excellent choice for the award.

The Commencement Award committee will bring their nomination, Craig Campbell to the March board meeting for approval.

The meeting was adjourned at 2:17 p.m.