September 2018 Meeting Minutes

Board of Trustees Meeting Minutes

Sept. 13, 2018

 

The Northark Board of Trustees met in regular session Thursday, September 13, 2018 at the Bennie Ellis on the South Campus.  Chair David Evans called the meeting to order at 3 p.m. Trustees Jane Adair, Don Tomlinson, Scott Miller, R.G. Earnest, Kirk Campbell, and Bill Lovell were present.  Trustees Chris McNew and Sara Jo Fendley were absent.

Northark personnel attending included Dr. Randy Esters, Dr. Rodney Arnold, Tavonda Brown, Kristin Griffin, Julia Angel, Nell Bonds, Katie Vaughn, Don Sugg, Dr. Donna Wood, Micki Somers, Dr. Laura Berry, Kristin Rose, and Trish Villines.  In addition, George Holcomb from the Harrison Daily Times attended.

Approval of Agenda: Chair Evans asked if there were any changes to the agenda. There being none, the agenda stood approved.

Regular Reports:

 

Finance Report:  Don Sugg reported revenue and expenses through October 31, 2018 compared to the previous year.  The E & G fund is over by 5% compared to this time last year due to an increase in mandatory fees.  Benefits to salaries are at 31.7%.  Auxiliary sales are down due to the bulk book purchase for resale discussed in previous meetings.  As Don has explained in the past, it will take the College approximately three years to see a gain on this year’s book purchases.  The College experienced a net gain of $596,000 including the GASB credit of $85,000. Overall revenue was 2.6%, which exceeds last year’s activity.  State revenue is down $80,000.

 

President’s Report: Dr. Esters reported that the Foundation Gold Tournament was a success.  The Economic Breakfast Update was well attended and Mervin Jebaraj was the speaker this year.  Northark offers paid internships through business & IT as well as many other technical programs.  Manufacturing days will be held on October 5th and 12th and the College expects over 900 students to attend.  Northark was voted the 17th best college in the nation based on quality, value, and convenience.  Dr. Esters announced Trish Villines as the regional winner of the Association of Community Colleges for the professional board staff member award recipient.  The College expanded their MOU agreement with Arkansas Tech University including covering 27 bachelor degrees.  A facility update was given to address the status of the Center campus.  Eleventh day numbers show a slight decrease in head count from last year of six students.  SSCH’s were down 460.  He reminded everyone of the upcoming summer movie, Jurassic World.

 Approval of Consent Agenda: Chair Evans requested a motion to approve the Consent Agenda. The Consent Agenda included the August Regular Meeting Minutes and the Addition of an Appropriated Grant Position (Adult Ed).  Trustee Adair made a motion to approve the Consent Agenda as presented, which was seconded by Trustee Lovell and passed unanimously.

Monitoring Reports: Dr. Esters gave the monitoring report on student achievement focusing on engagement through productivity funding.  The productivity formula was based on student and college data.  Funds lost in year two were based on student effectiveness measures including credentials, progression, gateway course success, and transfer success.  Northark has positive trends for affordability measures, which are time to degree and credits at completion.  The impact on Northark’s funding is a 39,064 increase to RSA for year 1 and an $80,060 decrease for year 2(FY 2019-2020). 

New Business: There was no new business.

Board Comments:

There being no further business, Chair Evans requested a motion to adjourn. Trustee Campbell made a motion, which was seconded by Trustee Earnest and passed. The meeting adjourned at 4:00 p.m.