January 18, 2024 Board Meeting Agenda

Thursday, January 18, 2024 – 6:00 p.m. – Board Room (C-307)

The meeting can be accessed by the public at link https://ivcc-edu.zoom.us/j/87920654409 and meeting ID number 879 2065 4409. For dial-in, call 1 (312) 626-6799.

1. Call to Order

2. Pledge of Allegiance

3. Moment of Silence

4. Roll Call

5. Approval of Agenda

6. Public Comment

7. Agriculture Building Update – Kathy Ross

8. 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.

8.1 Approval of Minutes – December 6, 2023 Planning Committee Meeting, December 7 Closed Session Minutes Review Committee Meeting, December 14, 2023 Decennial Committee Meeting, and December 14, 2023 Board Meeting (Pages 1-12)

8.2 Approval of Bills - $1,741,598.18

8.2.1 Education Fund - $869,534.35

8.2.2 Operations and Maintenance Fund - $89,198.89

8.2.3 Operations and Maintenance Fund (Restricted) - $367,653.96

8.2.4 Auxiliary Fund - $354,577.21

8.2.5 Restricted Fund - $13,320.83

8.2.6 Liability, Protection, and Settlement Fund – $47,312.94

8.3 Treasurer’s Report (Pages 13-34)

8.3.1 Financial Highlights (Pages 14-15)

8.3.2 Balance Sheet (Pages 16-17)

8.3.3 Summary of FY24 Budget by Fund (Pages 18-25)

8.3.4 Budget to Actual by Budget Officers (Page 26)

8.3.5 Statement of Cash Flows (Page 27)

8.3.6 Investment Status Report (Pages 28-32)

8.3.7 Disbursements - $5,000 or more (Pages 33-34)

8.4 Personnel – Stipends for Pay Periods Ending December 2, 2023, December 16, 2023, and December 30, 2023 and Part-Time Faculty and Staff Appointments December 2023 (Pages 35-39)

9. President’s Report

10. Student Trustee’s Report

11. Committee Reports

12. Board Policy 01.06 Core Values, Vision, Mission, Purposes, Principles, and Goals (Pages 40-42)

13. Board Policy 01.09 Election of Officers (Pages 43-44)

14. Board Policy 01.11 Duties of the Vice Chair (Pages 45-46)

15. Board Policy 02.05 Accreditation (Pages 47-48)

16. Board Policy 02.11 Degrees and Certificates (Pages 49-50)

17. Board Policy 02.25 Tuition and Fees (Pages 51-53)

18. Resolution for Revised Use of Bond Funds (Pages 54-59)

19. Staff Resignation – Patrice Hess, Director of Learning Resources (Pages 60-61)

20. Staff Resignation – Gary Roberts, Vice President for Academic Affairs (Pages 62-63)

21. Staff Resignation – Shane Lange, Dean of Workforce Development (Pages 64-65)

22. Staff Appointment – Isamar Taylor, Director of Financial Aid (Pages 66-67)

23. Revised Board Meeting Date – September 2024 (Page 68)

24. Items for Information (Pages 69-87)

24.1 HLC Staff Analysis of Interim Report (Pages 69-73)

24.2 Board Policy 01.10 Duties of the Board Chair (Page 74)

24.3 Board Policy 01.12 Duties of the Secretary (Page 75)

24.4 Board Policy 01.13 Duties of the Treasurer (Page 76)

24.5 Board Policy 02.21 Repeating a Class (Page 77)

24.6 Reclassification of Part-Time Counselors (Page 78)

24.7 Staff Appointment – Beth Hammock, Assessment Center Specialist (Page 79)

24.8 Staff Appointment – Louis Lukacsy, Financial Aid Advisor (Page 80)

24.9 Staff Appointment – Christopher Teason, Financial Aid and Veterans Benefit Advisor (Page 81)

24.10 IRS 2024 Mileage Rate (Page 82)

24.11 Fall 2023 Athletic Department GPA (Page 83)

24.12 Thank you – Lostant Grade School (Page 84)

24.13 Thank you – Family of Joan Moyle (Page 85)

24.14 Thank you – Family of Mary Ann Loebach (Page 86)

24.15 Thank you – Family of Ed Herrmann (Page 87)

25. Trustee Comment

26. Closed Session – 1) the appointment, employment, compensation, discipline, performance or dismissal of specific employees of the public body; 2) pending or imminent litigation; and 3) closed session minutes.

27. Possible Approval of Employee Retirements – Retirement Planning Program

28. Approval – Closed Session Minutes

29. Other

30. Adjournment