June 2005 Board of Trustees Meeting Agenda

1. Call to Order

2. Pledge of Allegiance

3. Roll Call

4. Campus Updates

4.1 FY06 Budget Discussion

4.2 Nursing Program

5. Consent Agenda

5.1 Approval of Minutes –May 25, 2005 (Pages 1-6)

5.2 Approval of Bills

5.2.1 Education Fund - $729,936.03

5.2.2 Operation & Maintenance Fund - $222,196.78

5.2.3 Operation & Maintenance Fund (Restricted Fund) - $162,198.54

5.2.4 Auxiliary Fund - $204,647.81

5.2.5 Restricted Fund - $102,744.27

5.2.6 Liability, Protection & Settlement Fund - $237,739.38

5.3 Treasurer’s Report (Pages 7-21)

5.3.1 Financial Highlights (Page 8)

5.3.2 Balance Sheet (Pages 9-10)

5.3.3 Summary of 2005 Budget by Fund (Page 11)

5.3.4 Budget to Actual Comparison (Pages 12-18)

5.3.5 Statement of Cash Flows (Page 19)

5.3.6 Investment Status Report (Page 20)

5.3.7 Check Register - $5,000 or more (Page 21)

5.4 Personnel – Faculty Resignation, Mr. Robert P. Abele, Philosophy Instructor (Pages 22-23)

5.5 Prevailing Wage Resolution (Pages 24-27)

5.6 Track Rental Contract (L-P High School) (Pages 28-29)

5.7 Proposal – Bank Depository for Federal Grant and Trust and Agency Funds (Pages 30-31)

6. President’s Report

7. Trustees’ Report

8. FY2007 RAMP Report – Community Instructional Center (Pages 32-34)

9. FY2007 RAMP Report – Building C-Classroom/Library Remodeling & Addition (Pages 35-37)

10. Oglesby TIF – Intergovernmental Agreement (Pages 38-43)

11. July, November, and December Board Meeting Dates (Page 44)

12. Items for Information (Pages 45-53)

12.1 Staff Retirement – Gil Williamson, Technical Specialist IMEC (Page 45)

12.2 Part-time Faculty Resignation – Michelle Molln, Dental Assisting (Page 46)

12.3 Change Orders – Building G Elevator Addition, Third Floor Building Connections, and Exterior ADA Compliance (Pages 47-53)

13. Closed Session – the appointment, employment, compensation, discipline, performance, or dismissal of specific employees of the public body.

14. Other

15. Adjournment