July 2024 Board Report
The Illinois Valley Community College Board of Trustees on Thursday approved a $41 million tentative budget and set a public hearing on the document next month.
The budget represents a 6.2 percent increase in revenue due to an increase in sales and service revenue and investment income. Expenditures are set at $45.1 million, a 16.8 percent increase from the fiscal year 2024 budget, largely due to planned Master Plan initiatives.
The operating budget is balanced at $29.7 million, which includes $1.7 million for Master Plan initiatives.
The Board set a public hearing and final budget approval for the August Board meeting at 5:30 p.m. Aug. 15 in Room C307. The tentative budget will be on file and available for public inspection through Aug. 15 in the College Business Office, Room C-338, during normal business hours, or on the College website at this link: https://www.ivcc.edu/businessservices/financial-budgets/FY2025_Budget_Tentative.pdf.
The Board also approved submitting requests to the Community College Capital Resource Allocation Management Program (RAMP) for $10 million worth of renovations to Jacobs Library/Academic Support Center and a nursing simulation lab expansion. Projects can be submitted to the Illinois Community College Board each year.
The ASC and the library will be remodeled and updated to consolidate academic support services -- tutoring, student help desk and the library – in one location. Total project cost is estimated at $7.1 million, with the College providing $1.7 million. The Nursing Simulation Lab in the B201 nursing lab space would mimic a hospital wing and provide students with simulation of real-life events that could occur in a hospital or clinic setting. Total project cost is estimated at $2.9 million, with the College providing $736,000 of the funding. IVCC also is seeking grant funding for the project.
In her monthly report to the Board, Dr. Morris reported:
- The College automotive program has been awarded $90,000 in an Electrical Vehicle Technology Grant for FY25 as part of the $9.4 million state Rev Up EV Community College Initiative, which is intended to promote development and growth of training programs that prepare individuals for careers in EV technology and manufacturing.
- A new Transitional English course created by IVCC in partnership with Seneca High School will give high school graduates another option for placement into a college-level course. Students who complete the course with a C or higher can move into a college level English course at any state community college without placement testing.
- Summer enrollment head count and credit hours increased compared to last year and fall enrollment is on track to increase also.
- Geology Professor Michael Phillips’s participation in a recent Ocean Observing Initiative workshop in North Carolina was recognized.
In other action, the Board:
- Authorized the appointment of Rebecca Zamora as Dean of Workforce Development.
- Approved the purchase of elevator maintenance services from ThyssenKrupp Elevator Corp., of Peoria, at an annual cost of $34,271, and the purchase of janitorial supplies from Home Depot Pro, of Atlanta, Ga., for $50,000. Dr. Morris noted that the College has joined with other colleges in purchasing associations which handle the bidding process for the groups.
- Approved the purchase of an estimated $45,000 in fuel for the Truck Driving Training
Program using WEX Inc. fuel cards.
Authorized the payment of FY2025 annual dues of $10,520 to the Illinois Community College Trustees Association, which provides such services as legislative advocacy and updates, lobbying organization, trustee training and college faculty, graduates and partners recognition. - Accepted a proposal from Wellfleet Insurance Co. for blanket student athletic insurance coverage at a cost of $69,200, and from Zevitz Student Accident Insurance for student athletic catastrophic insurance coverage at a cost of $4,500.
- Authorized a change order for the salt storage facility to install a front-end wall and door frame and a fabric gathering door, and provide building design drawings, all at a cost of $37,100 – bringing the project’s total to $407,000.
- Authorized an amendment to President Morris’ contract to reflect a 3.75 percent salary increase, a percentage which is in line with that granted to all employees for FY25.
- Approved board policies governing presidential succession and updating administrative and personnel hiring policies.
The board also learned:
- The appointment of Eric Peterson as IT support lead, and the resignations of Lea Ann Solberg as dual credit specialist and Jayna Leipart Gutilla as Collections Development and Access Librarian.