North Central State College

                                                       Board of Trustees= Meeting

                                                              November 15, 2001

                                                                       Minutes

 

1.                  CALL TO ORDER

 

The Chairman, Mr. Brad Preston, called the meeting to order at 7:05 p.m. 

 

2.                  CALL TO ORDER

 

The Secretary called the roll.

 

Present:            Dr. Ford

Dr. Kafer

Mr. Kehoe

Mr. Preston

Dr. Ressallat

Mr. Ross

Mr. Schmid

 

Absent:           Mrs. Humphrey

Mr. Wiseman

 

3.                  INTRODUCTION OF GUESTS

 

Dr. Abrams recognized and welcomed, Bill Despain and Molly Hockenberry, representing the Faculty Assembly.

 

4.                  NEW BUSINESS

 

Dr. Abrams thanked the Board for being able to attend the special meeting.  He presented Resolution R-2001-32 - Consideration of Approval to Amend FY 2002 Operating Budget.  Dr. Abrams stated that revenue for the State is going to fall short of projection.  The Governor has proposed a plan to reduce all State agency budgets by 6% with a few exceptions.  The Senate is recommending a possible 2% cut in addition to the 6% for state agencies with higher education being the exception.  There has also been some discussion about another possible cut of 1 - 3% in January 2002.  We have already been informed to prepare for a 6% cut in preparation for FY 2003.  Dr. Abrams went on to discuss how the college=s expenses and revenues compare with our sister institutions.  Dr. Abrams then went over recommendations to reduces costs and increase revenue.  The Board then discussed the budget and the recommendations.

 


                                  CONSIDERATION OF APPROVAL OF 2001-2002

                                         OPERATING BUDGET AMENDMENT #1

 

                                                                      R-2001-32

 

WHEREAS: North Central State College has reviewed its 2001-2002 Operating Budget based upon Ohio Board of Regents Instructional Subsidy allocation revisions and the results of revised revenue and expenditure projections, and

 

WHEREAS: based upon this review, North Central State College needs to amend its 2001-2002 Operating Budget, and

 

WHEREAS: the Board of Trustees of North Central State College has reviewed the income and expense portion of the 2001-2002 Operating Budget Amendment #1, and

 

WHEREAS: the Board of Trustees approves the income and allocation of payroll and non-payroll expenditures of this budget amendment.

 

NOW, THEREFORE, BE IT RESOLVED: by the Board of Trustees that the 2001-2002 Operating Budget Amendment #1 of the College is hereby adopted as presented.

 

                                                     BUDGET AMENDMENT #1

 

                                                    REDUCING EXPENDITURES

 


Hiring Freeze (current vacancies)


                     $134,100


Shared Services reduction - 6% reduction


                         78,800


Adjunct/Overload - 6% reduction


                         59,000


Salary reduction of 1% for all employees making over $45,000


                         31,000


Custodial Service - replace with our own employees


                         15,000


Selected Operating Budgets - reduce by an average of 27%


                       237,343


Subtotal                                 $555,243

 

                                                        INCREASING REVENUE

 


Contact Hour Fee - increase by $5.00/hour beginning winter quarter


                      $ 63,000



Contact Hour Fee - increase by $5.00/hour again in spring quarter


                         37,000


Tuition - increase by 4.1% (to $57.95) beginning winter term


                       108,000


Subtotal                                   208,000

 

Total                                     $763,243

 

ACTION TAKEN: Dr. Ford moved approval of R-2001-32 but to table the insurance portion until the December meeting and to implement the tuition increase beginning with winter quarter instead of spring quarter.  Mr. Schmid seconded the motion and the motion carried unanimously.

 

5.                  BOARD CHAIRMAN=S REPORT

 

The Chairman had nothing to report at this time.

 

6.                  PRESIDENT=S REPORT

 

Dr. Abrams informed the Board that he will hold a college-wide meeting next Tuesday to discuss budget matters.  He is encouraging all employees to attend.

 

7.                  TIME AND PLACE OF NEXT MEETING

 

The next meeting of the Board of Trustees is scheduled for Wednesday, December 5, 2001, at 7:00 p.m. in Room 168 of the Fallerius Technical Educational Center.

 

8.                  ADJOURNMENT

 

The Chairman called for any additional business requiring Board action.

 

 

ACTION TAKEN: As there was no further business for Board approval, a motion was made by Mr. Ross seconded by Mr. Schmid to adjourn the meeting at 8:57 p.m.  The motion carried unanimously, and the meeting adjourned.

 

 

 

 

 

Respectively submitted:                                     Mr. J. Bradford Preston, Chairman

Lisa A. Kitts, Secretary