September 2020 Board of Trustees Meeting Minutes

September 2020 Board of Trustees Meeting Minutes

Board of Trustees

10 September 2020

 

The North Arkansas College Board of Trustees met in regular session on Thursday, 10 September 2020 in the JPH Conference Room /zoom call on the South Campus. Chair R.G. Earnest called the meeting to order at 3:00 p.m. Trustees Kevin Cheri, Bill Lovell, David Evans, Don Tomlinson, Sarah Newman, and Scott Miller were present.

North Arkansas College personnel attending included Richard Stipe, Nell Bonds, Tavonda Brown, Rodney Arnold, and Rick Massengale.

 

Approval of Agenda

Chair Earnest 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 August 30, 2020.

In the E&G fund, Richard Stipe stated the year-to-date total was at $4,341.745 and the expenditures ended at $2,518.932 with a net gain of $1,822.813. Richard briefly spoke about the enrollment impact on tuition and fee revenue. He stated that as of the eleventh day of class the tuition fees revenue is close to what was budgeted.  This is slightly a decrease from the previous year in enrollment, however this was planned on the budget due to the COVID.  He ended that the revenue by stated the ending balance looks positive for the start of the year considering the uncertainty.

Auxiliary: Revenue for August 2020 totals are $457,066 and the expenditures totals are $404,337. Net increase of $52,728. Richard stated that he will present the last fiscal year totals in the October board meeting.

President’s Report—Dr. Esters discussed the Northark Commencement that was held on August 22nd. He mentioned Anstaff Bank’s $4,000 donation and $10,000 donation from Emery Sapp & Sons. He stated the Turf management received equipment from John Deere Golf. Dr. Esters mentioned the MOU signings with North Central Technical Center and the C4. He discussed the enrollment impact on tuition and fee revenue and noted we need to continue to stay conservative in spending and continue to focus on enrollment.

Chair Earnest asked if the first week of orientation of the fall semester being on campus helped with headcount. Dr. Esters stated it made a difference and noted that he noticed an online instructor coming on campus to meet with students which impacts the student and instructor contact. Dr. Massengale finished by reporting 342 GED students attended the program.

 

Monitoring Report

Rick Massengale presented the Enhance educational offerings; enhance community engagement report.  Rick discussed the education experiences and community engagement of 2019-2020, results for enhancing education experiences at Northark through community engagement. He reviewed the results for enhancing education experiences at Northark through grant funded projects and strategies for increasing/improving diverse experiences at Northark. He discussed the Foundation support and Northark foundation future projects. Rick ended with reviewing the strategies for improving community engagement.

 

Consent Agenda

The Consent Agenda included the August Regular Meeting Minutes, August Special Meeting Minutes, Replacement position: Health Education Simulation Center Director. Chair Earnest asked for a motion to approve the Consent Agenda. A motion was made by Trustee Lovell, seconded by Trustee Newman, and unanimously approved.

 

Board Comments

Trustee Newman thanked everyone for their hard work. 

Trustee Lovell moved to adjourn the meeting. Trustee Tomlinson seconded the motion, which was unanimously approved.