July 15, 2025 Board Meeting Agenda

Tuesday, July 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/84582632849 and meeting ID number 845 8263 2849. 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. 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 – June 10, 2025 Facilities Committee Meeting, June 17, 2025 Board Meeting, and June 24, 2025 Audit Finance Committee Meeting (Pages 1-12)

7.2 Approval of Bills - $2,218,260.38

7.2.1 Education Fund - $1,283,850.63

7.2.2 Operations and Maintenance Fund - $136,345.47

7.2.3 Operations and Maintenance (Restricted) - $575,235.33

7.2.4 Auxiliary Fund - $47,566.34

7.2.5 Restricted Fund - $98,853.79

7.2.6 Liability, Protection, and Settlement Fund - $76,408.82

7.3 Treasurer’s Report (Pages 13-36)

7.3.1 Financial Highlights (Pages 14-15)

7.3.2 Balance Sheet (Pages 16-17)

7.3.3 Summary of FY25 Budget by Fund (Pages 18-26)

7.3.4 Budget to Actual by Budget Officers (Page 27)

7.3.5 Statement of Cash Flows (Page 28)

7.3.6 Investment Status Report (Pages 29-34)

7.3.7 Disbursements - $5,000 or more (Pages 35-36)

7.4 Personnel – Stipends for Pay Periods Ending June 14, 2025 and June 28, 2025, and Part-Time Faculty and Staff Appointments June 2025 (Pages 37-42)

7.5 Purchase Requests – Consortia Purchases

7.5.1 Elevator Maintenance (Page 43)

7.5.2 Janitorial Supplies (Page 44)

7.6 Purchase Request – Fuel for Truck Driver Training Program (Page 45)

8. Student Trustee’s Report

9. President’s Report

10. Committee Reports

11. FY2026 Tentative Budget (Pages 46-48)

12. FY2026 RAMP Capital Request (Page 49)

13. Student Athletic Insurance Renewals (Page 50)

14. Purchase Request – Coursedog Renewal (Pages 51-52)

15. Purchase Request – Microsoft Software Maintenance and Support (Pages 53-54)

16. Approval – Board Policy 02.23 Residency Requirement (Pages 55-57)

17. Faculty Appointment – Dr. Wayne Duerkes, Transfer Coordinator (Pages 58-59)

18. Faculty Appointment – Scott Grubar, Welding Instructor (Pages 60-61)

19. Purchase Request – Classroom Furniture for Health Professions (Page 62)

20. Items for Information (Pages 63-72)

20.1 Memorandum of Understanding – Volunteer Retirement Incentive Plan (Page 63)

20.2 Memorandum of Understanding – Retirement Planning Program Extension (Page 64)

20.3 Memorandum of Understanding – Transfer Coordinator (Pages 65-66)

20.4 Staff Appointment – Manessa Trench, Administrative Assistant for Humanities, Fine Arts, and Social Sciences (Page 67)

20.5 Spring 2025 Graduation (Page 68)

20.6 PMA Investment Manager Memo (Page 69)

20.7 GFOA FY2024 Popular Annual Financial Reporting Award (Page 70)

20.8 Change Orders for 2025 Campus Renovations (Page 71)

20.9 Employee Separations Report (Page 72)

21. Trustee Comment

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

23. Approval – Volunteer Retirement Incentive Program Applicant(s)

24. Approval – Retirement Planning Program Extension Applicant(s)

25. Possible Faculty Appointment – Early Childhood Education Instructor

26. Approve and Retain – Closed Session Minutes – June 17, 2025

27. Other

28. Adjournment