In accordance with Arkansas Act 93 of 1967, this notice serves to inform the public that members of the North Arkansas College Board of Trustees may attend a budget study session on Wednesday, April 3rd at 2:00p.m. in the Bennie Ellis board room. No action will be taken.
Budget Study Session
Agenda
Board of Trustees Meeting
April 11, 2024
3 p.m.
Bennie Ellis Board Room
This is a reminder that the North Arkansas College Board of Trustees will meet in person on Thursday, April 11th at 3 p.m. in the Bennie Ellis board room.There will be no Zoom option for this meeting.
Call to Order — Linda Pledger
Approval of Agenda — Linda Pledger
Regular Reports
- Finance Report — Richard Stipe
- President's Report — Dr. Rick Massengale
Consent Agenda — Linda Pledger
- March Regular Meeting Minutes
- Revised Policy: Academic Assessment
- New Policy: Facility and Grounds Maintenance
Executive Session
Pursuant to the Arkansas Freedom of Information Act 25-19-106 (c) (1) Executive Sessions will be permitted only for the purpose of considering employment, appointment, promotion, demotion, disciplining, or resignation of any public officer or employee.
- FY 2024-2025 Proposed Tuition and Fee Rates
- FY 2024-2025 Proposed Budget
Adjournment
Minutes
Board of Trustees
April 11, 2024
The North Arkansas College Board of Trustees met in regular session on Thursday 11, April 2024 in the Bennie Ellis board room. Chair Pledger called the meeting to order at 3:00 p.m. Trustees Don Tomlinson, Scott Miller, Pam Henry, Luke Feighert, Chris McNew, Sarah Newman, and Debbie Johnson were present.
North Arkansas College personnel attending included Dr. Rick Massengale, Richard Stipe, Brandon Cone, Micki Somers, Nell Bonds, Dr. Matt Cardin, Mel Klipp, Jo Adams, Ryan Hoffman, Shelly Mencacci, Bobby Howard, Dr. Rodney Arnold.
Approval of Agenda
Chair Pledger asked if there were any changes to the agenda as presented. There being none a motion was made, unanimously approved.
Regular Reports
Finance Report: Richard Stipe shared E&G and Auxiliary budget activities through March 2024.
In the E&G fund, Richard Stipe stated the total monthly revenue was $795,589, and the expenditures ended at $1,100,592. The year-to-date total of revenues was $14,207,890, and expenses were $12,094,536. Richard said the revenues are slightly above last year's, and the expenditures are tracking the same as the previous two years.
Auxiliary: The month's revenue totaled $38,470, and the expenditures totaled $99,922. The year-to-date revenues were $1,781,792, and expenses were $1,625,483. Richard gave a brief update on the CRMI building. He said they have run into some rocks but have no concerns.
President's Report: Dr. Massengale talked about the Senior Nursing students with time management of multiple patients in simulation. He mentioned ag娱乐官网 's zoology class, which is hands-on learning at Long Creek. He congratulated the FBLA state winners who were heading to the national competition. Alex Batres received 1st place in Emerging Business Issues. ag娱乐官网 hosted the Career Fair on March 27th, and 56 employers participated. ag娱乐官网 hosted an Eclipse event, and several community members and students were in attendance.
Dr. Massengale congratulated Josh Steward and Hunter Wilson on their diligent work and the recent passing of their GED exams. North Arkansas College received $39,500 in grant funds from the Gen Haas Foundation. The funds supported students in the CNC Technology and Manufacturing programs, including tuition, fees, and books.
Dr. Arnold invited everyone to Bill Baker Day on Friday, April 19th, beginning at 11:30 a.m., followed by a commemorative ceremony at 12:30 p.m. He encouraged those attending to wear overalls in remembrance of Dr. Baker's legacy. Dr. Cardin discussed minor changes to the policy on Academic Assessment. Dr. Massengale spoke about a new policy on Facility and Grounds Maintenance, created as a requirement of ASE Accreditation.
Consent Agenda
The Consent Agenda included the March regular meeting minutes, revised policy, Academic Assessment and new policy, Facility and Grounds Maintenance. Chair Pledger asked for a motion to approve the Consent Agenda. A motion was made by Trustee McNew, seconded by Trustee Henry, and unanimously approved.
Executive Session
The Board adjourned into an executive session to discuss the completed annual evaluation as prescribed by his contract. Trustee Miller moved the motion, which was seconded by Trustee Newman. The Board reconvened to a regular board meeting, with Trustee Newman moving the motion and seconding Trustee Johnson. No action was taken.
After returning, Trustee Sarah Newman made a motion to raise the annual salary of Dr. Rick Massengale 4% for FY 2023-2024 and 4% for FY 2024-2025 and was seconded by Trustee Tomlinson, and unanimously approved. Trustee Newman noted that the Board postponed a decision on his salary at last year's board meeting until this meeting. The Board recommended that his contract be extended for another year.
New Business
FY 2024-2025 Tuition and Fee Rates- Richard Stipe said there is no additional information, and everything in the packet was discussed during the Board budget session. Chair Pledger asked for a motion to approve the Tuition & Fee rates. A motion was made by Trustee McNew, seconded by Trustee Johnson, and unanimously approved.
FY 2024-2025 Proposed Operational and Capital Budget—Richard Stipe said there is no additional information, and everything in the packet was discussed during the Board budget session and in the handout given to each trustee. Chair Pledger asked for a motion to approve the Operational and Capital budget. Trustee Miller made a motion, seconded by Trustee McNew, and unanimously approved.
Chair Pledger adjourned the meeting at 4:01 p.m.