January 15, 2025 Board Meeting Agenda

Wednesday, January 15, 2025 – 4:30 p.m. – Board Room (C-307)

The meeting can be accessed by the public at link https://ivcc-edu.zoom.us/j/81228555729 and meeting ID number 812 2855 5729. 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. Recognition of Emeritus/Emerita Status Recipients

8. 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.

9. 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.

9.1 Approval of Minutes –December 12, 2024 Closed Session Minutes Review Committee Meeting and December 12, 2024 Board Meeting (Pages 1-9)

9.2 Approval of Bills - $1,181,462.74

9.2.1 Education Fund - $907,878.88

9.2.2 Operations and Maintenance Fund - $111,915.24

9.2.3 Auxiliary Fund - $71,477.89

9.2.5 Restricted Fund - $11,065.22

9.2.6 Audit Fund - $14,667.00

9.2.6 Liability, Protection, and Settlement Fund – $64,038.51

9.2.8 Grants, Loans, and Scholarship Fund - $420.00

9.3 Treasurer’s Report (Pages 10-32)

9.3.1 Financial Highlights (Pages 11-12)

9.3.2 Balance Sheet (Pages 13-14)

9.3.3 Summary of FY25 Budget by Fund (Pages 15-23)

9.3.4 Budget to Actual by Budget Officers (Page 24)

9.3.5 Statement of Cash Flows (Page 25)

9.3.6 Investment Status Report (Pages 26-30)

9.3.7 Disbursements - $5,000 or more (Pages 31-32)

9.4 Personnel – Stipends for Pay Periods Ending November 30, 2024, December 14, 2024, and December 28, 2024, and Part-Time Faculty and Staff Appointments December 2024 (Pages 33-37)

10. Student Trustee’s Report

11. President’s Report

12. Committee Reports

13. Purchase Request – Audio-Visual Technology Upgrades for CTC Conference Center, Kitchen, and Yoga Studio (Pages 38-43)

14. Purchase Request – Furniture for Distance Learning Classroom CTC-206 (Page 44)

15. Approval – Inactivation of Basic and Advanced Dental Office Management Certificates (Page 45)

16. Approval – ECE Director Qualified Certificate (Page 46-47)

17. Approval – Board Policy 04.06 Audits (Pages 48-49)

18. Items for Information (Pages 50-56)

18.1 Staff Appointment – Danielle (Jackson) Bell, Administrative Assistant III, Student Services (Page 50)

18.2 Staff Appointment – Sarah Ursini, Administrative Assistant I, Financial Aid (Page 51)

18.3 Board Policy 04.09 Fund Balance (Page 52)

18.4 IRS 2025 Mileage Rate (Page 53)

18.5 Thank You – LEASE (Page 54)

18.6 Thank You – Family of Catherine Bangert (Page 55)

18.7 Employee Separations Report (Page 56)

19. Trustee Comment

20. Approve and Retain – Closed Session Minutes

21. Other

22. Adjournment