August 18, 2016 Board Agenda

Thursday, August 18, 2016 – 6:30 p.m. – Board Room (C307)

1. Public Hearing

2. Call to Order

3. Pledge of Allegiance

4. Roll Call

5. Approval of Agenda

6. Public Comment

7. Consent Agenda Items - Anyone may remove an item from the consent item list by requesting the chair to do so. Items removed will be discussed and voted upon immediately following passage of the remaining consent items.

7.1 Approval of Minutes – July 5, 2016 Audit/Finance Committee Meeting; July 14, 2016 Board Meeting (Pages 1-11)

7.2 Approval of Bills - $1,406,393.04

7.2.1 Education Fund - $1,071,903.53

7.2.2 Operations & Maintenance Fund - $90,710.52

7.2.3 Operations & Maintenance (Restricted Fund) - $94,815.72

7.2.4 Auxiliary Fund - $81,678.48

7.2.5 Restricted Fund - $27,729.11

7.2.6 Audit Fund - $3,400.00

7.2.7 Liability, Protection & Settlement Fund - $35,783.68

7.2.8 Grants, Loans, & Scholarships - $372.00

7.3 Treasurer’s Report (Pages 12-30)

7.3.1 Financial Highlights (Pages 13-14)

7.3.2 Balance Sheet (Pages 15-16)

7.3.3 Summary of FY17 Budget by Fund (Page 17)

7.3.4 Budget to Actual Comparison (Pages 18-24)

7.3.5 Budget to Actual By Budget Officers (Page 25)

7.3.6 Statement of Cash Flows (Page 26)

7.3.7 Investment Status Report (Pages 27-28)

7.3.8 Disbursements - $5,000 or more (Pages 29-30)

7.4 Personnel - Stipends for Pay Periods Ending July 9, 2016 and July 23, 2016 (Pages 31-33)

7.5 Consortia Purchases (Page 34)

7.6 Daikin Applied Americas, Inc. Chiller Maintenance (Page 35)

8. President’s Report

9. Committee Reports

10. FY2017 Budget - Resolution to Adopt the Budget (Pages 36-39)

11. Faculty Retirement – Linda Thomas, Reading Instructor (Pages 40-41)

12. Proposal Results – Wireless Duress Button System (Page 42)

13. Bid Results – 3D Printer (Page 43)

14. Bid Results – Dental Digital X-Ray Sensors (Page 44)

15. Purchase Request – Automotive Department (Page 45)

16. Insurance Renewals – (Pages 46-56)

17. Items for Information (Pages 57-63)

17.1 Staff Resignation – Jordan Berard, Assessment Center Assistant (part-time) (Page 57)

17.2 Staff Resignation - Gina Czubachowski, Small Business Development Center Business Specialist (Page 58)

17.3 Economic Development Corporation of North Central Illinois Agreement (Pages 59-62)

17.4 Change Order #2 – PHS Project: Lecture Hall (D225) Renovation (Page 63)

18. Trustee Comment

19. Closed Session – 1) litigation; 2) collective negotiations; and 3) closed session minutes.

20. Possible Support Staff Update

21. Approval of Closed Session Minutes

22 .Other

23. Adjournment