MARICOPA COUNTY COMMUNITY COLLEGE DISTRICT
DECEMBER 8, 2009
An executive session and regular meeting of the Maricopa County Community College District Governing Board was scheduled to be held at 5:30 p.m. at the District Support Services Center, 2411 West 14th Street, Tempe, Arizona, pursuant to A.R.S. §38-431.02, notice having been duly given.
Colleen Clark, President
Randolph Lumm, Secretary
Debra Pearson, Member
Don Campbell, Member
Jerry Walker, Member
CALL TO ORDER
The regular meeting was called to order at 6:29 p.m.
The executive session was called to order at 5:30 p.m.
PLEDGE OF ALLEGIANCE
The assembly pledged their allegiance to the
SUBSTITUTE ANNOUNCEMENTS, AND CLASS ACKNOWLEDGEMENTS
There were no classes present
The following citizens came forward:
Christine Hall: Ms. Hall provided the following comments:
“My name is Christine Hall. I am MCCCD’s Equal Employment Opportunity Compliance Officer who investigates complaints of discrimination. I have also served as a Human Resources administrator. I understand that one of the Alvarez & Marsal’s recommendations that will be announced tomorrow night is to decentralize the hiring and firing functions out to the colleges. That is, each college will be autonomous in its hiring and firing decisions and actions. I am here to speak against this recommendation. Early in the history of MCCCD, many District functions were decentralized and problems developed from this model. For example, each college developed its own course bank, objectives and content. That is, a course in Introductory Psychology at one college could have a different course prefix, course number and objectives than an Introductory Psychology course at another MCCCD college. The course at one college could possibly be accepted as transfer credit to ASU while the course from the other college could not. This decentralization caused articulation problems and problems with MCCCD being seen as a single district. MCCCD wisely decided to centralize with a single course bank which allowed articulation agreements and course transferability across the United States.
MCCCD’s HR functions were also once decentralized. The district decided to centralize due to the large number of inconsistencies, complaints, and lawsuits based on discriminatory hiring and firing practices. Why would we want to return to this model and open MCCCD up to major liability?
If we return to this model, MCCCD will be deluged with an increase of discrimination complaints at the local and federal level. For example, ten years ago, each of the MCCCD colleges independently hired short-term (OYO,OSO) faculty and staff without posting the openings for competitive searches. A complaint was filed and this hiring process was investigated by the Office of Federal Contract Compliance Programs (OFCCP). While the OFCCP did not find egregious, purposeful discrimination, they strongly advised MCCCD to change its hiring procedures to ensure competitive searches and equal opportunity for these OYO/OSO hires or face possible charges of discriminatory practices in the future. The short-term hiring process is now similar to full-time positions (competitive searches) but MCCCD is still on OFCCP’s radar due to this original investigation. An OFCCP investigation is probably the most feared federal investigation by human resources/EEO officers and the Legal Counsel.
On a state and federal level, there is the Equal Employment Opportunity Commission Office (EEOC) that investigates issues of discrimination in the hiring, firing, advancement, and treatment of employees. We have had very few EEOC complaints that have been filed against the District. We believe this is because we have a centralized and structure process for hiring and firing employees. Even with this centralized and structured process, we still receive a handful of EEOC complaints. We have prevailed in winning these cases primarily due to the consistency and structure of the HR processes across all colleges and oversight provided by the district office of MCCCD.
And when I say MCCCD, that is specifically how the state and federal agencies view MCCCD. We are viewed as a single entity District; not as separate colleges. Therefore, if one college does something unethical or illegal, the entire District is affected. For example, if one college hires an individual who is not authorized to work in the United States, all 10 colleges, 2 skills center sites and the District Office is at risk of being shut down and not just the single college that made the error.
These are just a few examples of what decentralization can result in. But in addition to federal and state laws, decentralization of the hiring and firing processes is also inconsistent with (1) our ONE MARICOPA initiative and (2) the requirements of stewardship that were established after MCCCD was investigated by the sheriff, the attorney general’s office and other agencies.
MCCCD was chastised for not having adequate district oversight and checks and balances. Due to these incidents, additional auditors were hired in the District Office to increase oversight and checks and balances. Why would we want to reduce the oversight, checks and balances?
And finally, decentralization of some of the HR functions is not going to save MCCCD any money. Each college would need to hire 2-3 additional HR employees to perform all the functions currently performed by 12 individuals at the District level. We would also need to hire additional EEO officers and lawyers to handle all the complaints that will be filed against MCCCD.
I urge you not to consider any of the recommendations without a complete understanding of current processes and the consequences of major changes.”
Donna Warner: Ms. Warner provided the following comments:
“Madam President, members of the Governing Board, Chancellor Glasper & CEC:
• I am an employee of MCCCD, a single mom, PSA Unit President –I am also a tax payer / voter of District #12
• There are over 260,000 employees (full & part time) & students – who are also tax payers / voters
• My children and I have all been / and continue to be students of MCCCD
• I feel this Governing Board should listen to the consulting teams recommendations regarding the HLC complaint AND ALLOW OUR CHANCELLOR – to lead this district in making these decisions re: items such as budget cuts which effect MY MARICOPA FAMILY
• MCCCD Governing Board should NOT be involved in the day to day operations – this applies to any Board I have sat on and is not exclusive to MCCCD Board - some members of this board have discounted the recommendation from the consulting team and the overwhelming support from employees, students and others in this community – who are in favor of those recommendations
• As a tax payer I am extremely concerned that you have not given us the opportunity to make these budget cuts first – before going to an outside source and spending over 1 million dollars –How many MCCCD employees would still be working if you chose NOT to spend that money?
• We are strongly requesting that you follow MCCCD policy & procedures regarding a RFP process with any future decisions such as this
• I am speaking on behalf of the tax payers of this county – I think you owe us – the tax payers / voters answers to the following questions:
o We are at a critical time in this recession – Whose job are you willing to cut to pay for this outside organization?
o How does this help “student success” – monies which are earmarked for our students?
o How are we best serving our clients – our students?
o As an employee, student & PSA Unit President – I have heard from numerous colleagues & students – how fearful and anxious they are based on their interactions with some of the board members – WE WOULD LIKE TO KNOW – WHEN CAN WE COME TO WORK OR SCHOOL WITHOUT WORRYING ABOUT WHAT RACE, RELIGION, GENDER IDENTITY OR EMPLOYEE GROUP – WE ARE PART OF – WHEN CAN WE HAVE AN ENVIRONEMNT FREE OF FEAR AND INTIMIDATION?
o We want to know where is this funding coming from?
• You are accountable to me – to us as employees, parents, students, but most importantly – as a tax payer and voter of this county – WE WANT ANSWERS!
• I encourage ALL of MCCCD employees and students – THE TAX PAYERS & VOTERS – to stand up together & unite – and have a voice – please do not continue to be fearful and intimidated – I AM ASKING every employee, student, taxpayer & voter to SPEAK UP& LET YOUR VOICE BE HEARD AND ALLOW OUR CHANCELLOR, THE HEAD OF MY MARICOPA FAMILY, TO LEAD THIS DISTRICT IN WHICH HE WAS HIRED TO DO!!”
Arjelia “Argie” Gomez: Ms. Gomez stated that she was present representing Edmundo Hildalgo, President of Chicanos Por La Causa. She commented that she personally was a product of the community college system, having first received her AA, then BA, and finally an MBA. She urged the board as they deliberated to consider the resources necessary to fund a firm to implement the changes being recommended by Alvarez and Marsal, especially during a time when resources were scarce. Community colleges are a very important piece of people’s education. MCCCD has extremely competent people who are capable of implementing many of the recommendations being made and they are less expensive.
Mel Hannah: Mr. Hannah came forward as a member of the Governor’s African American Advisory Council, the SMC Community Advisory Council, and a former elected official in Northern Arizona. He expressed concern as to how to proceed from this point forward. As the A&M review concluded, Maricopa will own a $1 million efficiency report. The organization has a Chancellor and very capable people that can implement recommendations. A very important step is assessing the recommendations being presented. MCCCD is the flagship of community colleges and that did not happen by accident. He urged the Board to allow the Chancellor to develop a team of people to develop a plan to implement the recommendations. The consultants propose a plan to balance the budget and save dollars but there is a need to be careful that the “surgery does not kill the patient.”
BOARD MEMBER REPORTS
Governing Board Member Debra Pearson expressed her appreciation to serve on the Maricopa Foundation Board. She stated that it was always extremely encouraging to hear student presentations which explain how the Foundation has impacted their lives. She encouraged those in attendance to consider ending the year with tax deductible contributions to the Foundation. She also expressed appreciation to Chancellor Glasper for his integrity and her confidence in him as someone who could be trusted.
Governing Board President Colleen Clark invited the audience to the meeting on Wednesday, December 9, wherein they would be able to hear the final report of the Alvarez and Marsal Efficiency Review. She also indicated that the Chancellor would hold a question and answer session immediately following the A&M report which would enable employees and members of the community to ask questions.
Chancellor Glasper reported on two items. He announced that Dr. Linda Thor, President of Rio Salado College, had officially been offered the position of Chancellor of the Foothills-DeAnza Community College District and would be reporting to her new position in mid-February. As a follow-up to President Clark’s comments, Dr. Glasper stated that this a crucial period for this district which is a large complex organization.. With the final report by Alvarez and Marsal being presented on Wednesday at the special board meeting, we need to understand where we need to be as a district and understand our role. After the special meeting, he indicated he would be holding a dialogue. He encouraged employees and CEC to attend. He also informed the audience that on December 15th another meeting would be held to discuss some strategies as to how we will address the recommendations made.
Mr. Lumm expressed concern regarding payday loans by students and the amount of money going to politicians.
Faculty Executive Council President Jim Simpson provided the following comments:
“Madam President . . .
We welcome the opportunity to review the recommendations of A & M and look forward to efficiencies they identify that foster student success without harming the institution.
When the Board awarded the contract, we understood the intent was to award a contract with the following parameters:
• The budget impact was $1.14M for a one-time contract.
• The focus of the study was student success and improving MCCCD efficiencies.
• The Board would allow the Chancellor and all employees the opportunity to vet the recommendations prior to deciding which ones to implement.
• The Chancellor would be responsible for implementation.
The AZ Republic reported yesterday the Board may consider extending the A & M contract. We are confident any recommendations can be implemented by the Chancellor and the employees of Maricopa at a substantial cost savings.
Thank you on behalf of all employee groups.”
EMPLOYEE GROUP REPORTS
Fred Reill, President of the M&O Group, was not called on but had submitted the following statement in advance:
“Good evening, President Clark, fellow board members, Chancellor Glasper, and CEC. My name is Fred Reill, President of the M&O Group.
We were asked to cooperate and participate with the A&M survey. You promised that our Chancellor would be part of the implementation.
Give our Chancellor a chance to do his job. Don't spend anymore money on outside agencies until we have a chance to implement cost savings ideas from within Maricopa.
We care about MCCCD and its future. Please give us a chance to prove it.
Thank you for your consideration in this matter.”
Ted Georgas, representing the Crafts Employee Group, stated that he has had many employees and citizens talk to him and they ask him how things work at Maricopa. He says he responds that the Chancellor works for the Board and if the Board comes up with an idea, the Chancellor carries it out. He expressed that in the case of A&M recommendations, it was the Chancellor’s job to carry out implementation.
Deanna Pritchard, PSA President, stated she became president around the time A&M was hired and she questioned what was going to happen? She stated we must have faith in the Chancellor and the system. Employees were encouraged to share cost savings ideas with A&M and tomorrow there would be an opportunity to listen to A&M, the Chancellor, and then review those suggestions. She requested that the Board give the Chancellor the opportunity to do his job.
Anita Dusek: Ms. Dusek provided the following comments:
“Madam President, Governing Board Members, Chancellor Glasper and CEC. My name is Anita Dusek and I am the Executive Chair for the Collaborative Policy Development for PSA. My reason for addressing you tonight is on behalf of PS employees. I have served in this leadership role for 3 ½ years and the last 6 months have been the most challenging for me. There are so many rumors going around since A&M came on board, employees are being told “watch what you are doing we are being watched/layoffs are right around the corner and you know we are next”. These may only be rumors and we know how that affects moral but there is so much fear and intimidation in the work place right now and it is only getting worse. The only decision that should be made is to have our Chancellor take chare of the implementation of the recommendations by the A&M Corporation. Thank you!”
Jim Neunfeldt, MAT President, provided the following statement:
“I am here this evening to express concern regarding the implementation of the final recommendations of Alvarez and Marsal. My understanding when A&M was hired was that the Board would determine which recommendations would be implemented, but only after all stakeholders – including employees – were involved in collaborative, transparent discussions regarding these recommendations. It also seemed clear that the Board would direct the Chancellor to review these recommendations and develop the appropriate implementation strategies. Now, however, it seems from recent articles in the Arizona Republic as well as rumors that have been circulating through the District, that this may not be the case. It seems that the Board may be considering spending more money on the implementation of these recommendations by either extending A&M's contract or going out to bid. I would ask that the Board seriously consider not spending additional tax payer dollars on external consultants, but instead trust Dr. Glasper and our District’s Administration to work with the internal community to usher in this change during these challenging times.
Thank you for your time.”
VICE CHANCELLOR REPORTS
Al Crusoe, Retiring Vice Chancellor of Human Resources, provided the following comments:
“This represents my last Governing Board meeting as Vice Chancellor Human Resources. I appreciate having had the opportunity to serve in this capacity over the past 4 ½ years. As I approach my final tenure, I would like to express my gratitude: To employees in my Compensation and Benefits, Employee Relations, and Employment Departments for their diligent efforts to maintain consistency, which is essential to the delivery of District Wide HR Services. To employees in my Payroll Department, who despite frequent last minute changes, insure that employees get paid in a timely fashion. AND for understanding, that in the event of any Payroll problems, to make sure to get to at least the C’s of the alphabet in the processing of the checks. To employees in my Employee and Organizational Development Department for providing top-notch and thought provoking personal and professional learning opportunities for all levels of employees within the District.
To my other Direct Reports, for their functional expertise, professionalism, and support. To Employee Group Leadership. Our meetings over the years have allowed me to stay in touch with your issues and concerns and to continue to be mindful that employees are our most valued resource. To Governing Board members Dr. Campbell and Mr. Walker for seeking me out after the announcement of my resignation, meeting with me, and for wishing me well with establishing an HR Consulting practice and some other business ventures.
Lastly, to all employees of this District, I wish you the very best.”
The following reports were made:
Phoenix College President Dr. Anna Solley introduced Frank Luna, Director of Alumni and Development, who provided an overview of their alumni program and the 2009 Alumni Hall of Fame Eleventh Annual Event held Thursday, November 19. Honored this year were Price Kong & Company, the Law Offices of Robert E. Wisniewski, John Driggs, Tom and Marianne Fannin, Dick Houser, Catherine R. Eden, Garry Walker, Chief Jack Harris, Fred Amador, Elizabeth Fike, Joyce Geller, Agnes Phillips, Don Jensen-Bobadilla, David Dalby, and Chef Scott Robinson.
STUDENT LIFE REPORTS
Associated Student Government Officers from Phoenix College. Students attending were: Bradley Evertsen, Michael Webb, Silvia Soto, and Angelica Zamora. The students reported on a variety of leadership, campus and community activities they had participated in.
Governing Board Member Jerry Walker, AADGB Representative stated there was no report this month.
There was no report.
AWARDS AND RECOGNITIONS
There were no awards or recognitions.
APPROVAL OF THE AGENDA
President Clark requested a motion to approve the agenda.
MOTION NO. 9628
Dr. Don Campbell moved that agenda be approved. Randolph Lumm seconded. Motion approved 5-0.
President Clark requested approval of the Consent Agenda.
The following items were included on the Consent Agenda:
A.1 APPROVAL OF THE MINUTES OF NOVEMBER 10, 2009 GOVERNING BOARD MONITORING RETREAT
C.1. CONSIDERATION OF EMPLOYMENTS - approve the following personnel actions as proposed. Budget approvals have been granted and are on file for the recommended personnel actions in this item.
C.2. CONSIDERATION OF SPECIALLY FUNDED EMPLOYMENTS - approve the following personnel actions as proposed. Budget approvals have been granted and are on file for the recommended personnel actions in this item.
C.3. CONSIDERATION OF SHORT TERM EMPLOYMENTS - approve the following personnel actions as proposed. Budget approvals have been granted and are on file for the recommended personnel actions in this item.
C.4. CONSIDERATION OF SEPARATIONS - approve the following personnel actions as proposed. Budget approvals have been granted and are on file for the recommended personnel actions in this item.
D.1. APPROVAL OF PROPOSED CURRICULUM PROGRAMS AND COURSES - approve the curriculum programs and courses as proposed.
D.2. APPROVAL OF CORPORATE TRAINER FOR FORD MOTOR COMPANY – GLENDALE COMMUNITY COLLEGE - approve a one-year extension of the contract agreement in the amount of $88,980 to provide technical training for Ford Motor Company dealership automotive technicians throughout the state. This contract agreement is between Ford Motor Company and the Maricopa Community College District through THE INSTITUTE for Business, Industry and Technology at Glendale Community College. The contract period will be from January 1, 2010 - December 31, 2010.
D.3. APPROVAL OF CORPORATION FOR PUBLIC BROADCASTING COMMUNITY SERVICE GRANT – KJZZ - accept a grant from the Corporation for Public Broadcasting totaling $432,309. Approval of the two-year allowable expenditure period is requested for October 1, 2009 through September 30, 2011.
D.4. APPROVAL OF CORPORATION FOR PUBLIC BROADCASTING COMMUNITY SERVICE GRANT – KBAQ - accept a grant from the Corporation for Public Broadcasting totaling $206,297. Approval of the two-year allowable expenditure period is requested for October 1, 2009 through September 30, 2011.
E.1. APPROVAL OF NEW COURSE FEES – GLENDALE COMMUNITY COLLEGE - approve the following new course fee for Glendale Community College effective for the Spring 2010 semester:
• FSC 259 - Advanced Ladder Operations $100
E.2. APPROVAL OF UTILITIES EASEMENT FOR CAFÉ AT RIO SALADO COLLEGE - grant an easement to Southwest Gas (SWG) to install and maintain a natural gas service for the new Café at the Tower at the main Rio Building in Tempe.
E.3. APPROVAL OF EXCLUSIVITY AGREEMENT WITH THE ONLINE LEARNING CONSORTIUM, LLC - approve an exclusivity agreement with the Online Learning Consortium, LLC, (“OLC”) to establish a process for resolving a current contract dispute between OLC and MCCCD.
E.4. APPROVAL OF CMAR SELECTION FOR THE MARICOPA SKILL CENTER EXPANSION AND REMODEL PROJECT - approve the selection of Jokake Construction to provide Construction Manager at Risk (CMAR) services for the Maricopa Skill Center Expansion and Remodeling Project. The pre-construction fee budget for this project is $113,000.
MOTION NO. 9629
Jerry Walker moved for approval of the Consent Agenda. Randolph Lumm seconded. Motion approved 5-0.
V.B.1. PROPOSED AMENDMENT – MARICOPA GOVERNANCE POLICY – GOVERNANCE PRODESS – PRESIDENT’S ROLE - adopt a revision to the “President’s Role” policy to provide for the Secretary to exercise the President’s authority during the absence or disability of the President.
MOTION NO. 9630
Jerry Walker moved for approval of the proposed amendment. Motion approved 5-0.
VI.A.1. APPROVAL OF SECOND AND FINAL GMP AWARD FOR THE NEW COMMUNITY LIBRARY AND LRC REMODEL AT SOUTH MOUNTAIN COMMUNITY COLLEGE - approve the award of the second and final Guaranteed Maximum Price (GMP) Amendment in the not to exceed amount of Twenty Million Eight Hundred Fifty-Five Thousand Two Hundred Three dollars and no/100ths ($20,855,203.00) to Haydon Building Corporation for the construction of the new Community Library and remodeling of the existing LRC building and portion of the C1 building at South Mountain Community College. This includes an alternate for new entry features at the LRC Remodel.
MOTION NO. 9631
Jerry Walker moved for approval of Item VI.A.1. Motion approved 5-0.
VI.A.2. APPROVAL OF FINAL GMP AMENDMENT FOR THE REMODELING OF THE Q BUILDING AT PARADISE VALLEY COMMUNITY COLLEGE - approve a third and final amendment to Jokake Construction Company for the Guaranteed Maximum Price (GMP) in the amount not to exceed Eight Million Five Hundred Twenty-Six Thousand, Five Hundred Thirty Four Dollars and no/100ths ($8,526,534.00) for the remodeling of the Q Building at Paradise Valley Community College
MOTION NO. 9632
Dr. Don Campbell moved that Item VI.A.2 be approved. Motion approved 5-0.
VI.A.3. APPROVAL OF INTERGOVERNMENTAL AGREEMENT WITH CITY OF PHOENIX FOR CDBG-R FUNDING – RIO SALADO COLLEGE - approve an Intergovernmental Agreement with the City of Phoenix to provide CDBG-R (Community Development Block Recovery Grant) acquisition funding of $1,000,000 for the acquisition of a building and land located at 9414 N. 25th Ave., Phoenix.
MOTION NO. 9633
Jerry Walker moved that Item VI.A.3 be approved. Motion approved 5-0.
VI.A.4. APPROVAL OF PURCHASE OF BUILDING AND LAND LOCATED AT 9414 NORTH 25TH AVENUE, PHOENIX, AZ - approve the purchase of the property located at 9414 N. 25th Avenue, Phoenix AZ for the price of $2,950,000 plus closing costs, from Wallace Bellevue Partners LLC. The City of Phoenix has approved a $1,000,000 Community Development Block Recovery Grant (CDBG-R) for the purchase of this property. The intergovernmental agreement for this grant will be presented to the MCCCD Governing Board for approval at the December 8, 2009 meeting.
The purchase of this property is contingent upon the following: (a) finalization of a purchase contract with terms and conditions agreeable to both seller and buyer, (b) an appraisal price that is equal to or greater than the proposed purchase price, (c) approval of Phase I Environmental and ALTA Surveys, and d) final approval of the Intergovernmental Agreement between the City of Phoenix and MCCCD for the CDBG-R funding and receipt of the funding.
MOTION NO. 9634
Jerry Walker moved that Item VI.A.4 be approved. Motion approved 5-0.
VI.A.5. APPROVAL OF FIRST PARTIAL GMP AMENDMENT FOR THE NEW STUDENT SUPPORT SERVICES AND LIBRARY BUILDING (BRIDGET HALL) AND TAHOE AVENUE REALIGNMENT AT CHANDLER-GILBERT COMMUNITY COLLEGE WILLIAMS CAMPUS - approve the award of a first partial Guaranteed Maximum Price (GMP) Amendment to Sundt Construction in the amount of Seven Hundred Fifty-Five Thousand, Three Hundred Twenty-Four and no/100ths Dollars ($755,324.00) for the new Student Support Services and Library Building (Bridget Hall) and Tahoe Avenue Realignment at Chandler-Gilbert Community College Williams Campus
MOTION NO. 9635
Dr. Don Campbell moved that Item VI.A.5 be approved. Motion approved 5-0.
VI.B.1. APPROVAL OF FINANCIAL AID PHASE III – STUDENT INFORMATION SYSTEM - approve the expenditure of $705,000 for an extension of consulting services to implement improved Financial Aid functionality within the Student Information System (SIS). The functionality would be implemented by a combined team of consultants, ITS employees, and college-based Financial Aid personnel. The Information Technology Council (ITC) reviewed and approved this project.
Commentary: This improved funtionality will help a move from manual process to automated process. The original upgrade included research and Grants Administration agreed that this new process would be beneficial to install.
MOTION NO. 9636
Jerry Walker moved that Item VI.B.1 be approved. Motion approved 5-0.
VI.B.2. APPROVAL OF GRANTS MANAGEMENT MODULE – COLLEGE FINANCIAL SYSTEM - approve the expenditure of $364,600 for the purchase and implementation of the Grants Management module for the College Financial System (CFS). This project includes the Grants module from Oracle, extensions for the reporting system, implementation consulting and user training components. The Information Technology Council (ITC) has reviewed and approved this project.
MOTION NO. 9637
Dr. Don Campbell moved that Item VI.B.2 be approved. Motion approved 5-0.
VI.B.3. APPROVAL OF CMAR SELECTION FOR REMODELING THE NEW DATA CENTER AND DISASTER RECOVERY FACILITY - approve Option A of the process to engage in selection of Construction Manager at Risk (CMAR) services for the remodeling of the New Data Center and Disaster Recovery Facility. Two options are:
A) Renovate Airpark Data Center with an estimated 10 year total cost of $10,215,000
B) Procure services from a hosted 3rd party data center with an estimated 10 year total cost of $13,560,000.
MOTION NO. 9638
Randolph Lumm moved that Option A of Item VI.B.3 be approved. Motion approved 5-0.
BUDGET ANALYSIS REPORT SUMMARY
FUND 1 – GENERAL UNRESTRICTED FUND
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2009
Expenditure analysis indicates 35.7% of the budget has been expended this year as compared to 33.8% expended at this same point in time last year. 32.8% of the budget remains unexpended or unencumbered compared to 30.9% in the prior year. Revenue analysis indicates that $379.3M of the budget has been recognized. The projected fund balance will increase by ~$0.6 million this fiscal year and the projected ending fund balance for June 2009 is $122.8M.
NEXT BOARD MEETING
President Clark announced that the next Governing Board Meeting would be a Special Board Meeting on December 9, 2009 at 5:00 p.m.
for the final report of A&M.
The meeting adjourned at 7:36 p.m.
Randolph Elias Lumm
Governing Board Secretary