Early Bond Payoff Question Before Board
Targeted News Service |
Prudent financial management has been a hallmark of the current administration at
At its May meeting today, the
The reserve funds currently earn 0.5 percent interest and the college pays 3.7 to 4.25 percent interest on the bond issues. The Board approved a similar request five years ago, which brought about an
This item is one of three that require a vote of the Board before the full budget for 2014-2015 can be finalized for presentation in June. The college is also seeking approval to use its reserve in the
The third item for a vote of the Board is approval of the salary schedule for the next fiscal year. The college is proposing a
A fourth item that would affect the 2014-2015 budget is the proposed construction of a multi-purpose facility on the Neal Campus-Kingman. The new facility is in the earliest stages of discussion and would require many more steps before bidding and construction are considered.
If approved by the Board at a later date, it would replace outdated temporary classrooms, faculty office and enrollment services spaces, and provide space, which is not currently available on the
Reserves have been set aside for the new facility and the item does not require a vote of the Board at this time.
The Board will be asked to approve three fees for the upcoming year that were not included on the fee schedule approved in March. They are for test fees and transcript fees.
The Board will also hear a request to approve the awarding of a contract to
Two Powers and Duties Policy issues will be before the Board as well. The Board will have a second reading and vote on a policy regarding regulating competition with private enterprise, in compliance with
They will hear a first reading on four policy issues. The first allows the Board to enter into reciprocity agreements and the second to enter into research and development agreements regarding products that may emerge as a result of the community college district's research.
The third issue requires the Board to institute a plan on all campuses to increase student voter registration and voting in elections, and the fourth deals with instructions for college employees who are responsible for selecting course materials.
Of particular interest to students will be a report by Dean of Instruction Jill Loveless who will report on the college's Open Education Resource (OER) initiative. OER materials are open-source textbooks and classroom materials that save students an average of
Currently 23 courses will be introducing OER materials. The savings will continue to grow as the initiative progresses, adding additional courses.
MCC President Dr.
"The bulk of our students qualify for financial aid which covers most of their tuition and fees; but in the past, textbooks have cost as much as
The public can view the full agenda, including appendices not exempt by
www.mohave.edu/documents/Board_of_Governors/2013-2014/bg_agenda_05-16-2014.pdf
Pursuant to the Americans with Disabilities Act, MCC endeavors to assure accessibility to its programs, facilities and services to all persons with disabilities. Persons needing accommodation for this meeting can contact the Disability Services Office at 928-757-0813.
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