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Trustees Approve Tax Levy, Tax Abatement

Meeting included public hearing, update on FY 2018 financial status

Thursday, November 16, 2017
The Parkland College Board of Trustees approved the fiscal year 2018 property tax levy and abated the 2017 tax levy used to cover debt service during its regular meeting Wednesday.
 
Trustees also reviewed the college's current financial status and received college foundation, employee-student association, and legislative updates.
 
In his monthly report to the Board, Parkland College President Dr. Tom Ramage highlighted the successes of the college's Veterans Day ceremony and thanked the organizers for their contributions. Ramage also highlighted the strong attendance at the first Early Transfer Academy Open House and wished the Cobras Volleyball team luck at nationals this Thursday, where they will compete to defend their two-time national title.
 
Ellen Schmidt, executive director of the Parkland College Foundation, also reported an update on Foundation activities. The Foundation is in the midst of its fall appeal, seeking community support for scholarship assistance, securing vital resources for students and faculty, and enhancing technology at the campus.
 
Vice President for Institutional Advancement Dr. Seamus Reilly then summarized the latest news reports on state and national legislation affecting community colleges.
 
In a review of the college's October financial statements, which reflect operations for the first four months of FY 2018, trustees saw that operating fund revenues in the revised budget will exceed expenditures by $1.9 million, which is greater than the $1.8 million originally projected. Trustees attributed the operating fund result to the receipt of long-awaited state funding, tuition and fees revenue, and health claims.
 
The Board then called for a public hearing on the proposed property tax levy before approving it. Parkland College's requested levy is $26.4 million, about a 9.94 percent increase over last year's extension. The new amount would support the school's educational ($15.3 million), operational and maintenance ($5.9 million), protection, health, and safety ($2 million), and tort liability ($1.8 million) funds, among other expenses.
 
In addition, the Board moved to abate the tax levied for the year 2017 on the $10 million of general obligation bonds it issued to help fund the College Master Plan. The series 2010B bonds are to be retired through revenues raised from a student facility fee.
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The Board of Trustees also approved the following items Wednesday:
  • $2,092,498 in voucher checks for supplies, services, and other expenses incurred during the month of October.
  • $28,300 in contracting with Windy City Drilling, Inc., of Essex, Ill., for emergency repair work on the D-Wing elevator.
  • $163,059 in the bid for exterior lighting poles, fixtures and hardware from Graybar Electric of Champaign for the areas in and around the M2 and M3 parking lots.
  • a 36-month contract with Constellation Energy of Chicago to provide electricity utility service starting on Dec. 20, when its current electricity contract will expire.
  • receipt of $750 in Community Assistance Fund (CAF) grants from the Junior League of Champaign-Urbana.
  • the school's 2019-2020 Academic Calendar as presented to the Board in October.
  • eight personnel appointments for vacated positions along with one new grant-funded appointment:
    • Chamonique Barber, assistant teacher, Child Development Center
    • Kylee Beck, telecommunicator, Public Safety
    • Joshua Clark, activities program manager, Student Life
    • Samantha  Meinhold, assistant teacher, Child Development Center
    • Andrew Miller, enterprise applications analyst, Campus Technologies
    • Evila Newman, coordinator/conduct officer, Student Life
    • Diane Stunkard, associate, Admissions and Records
    • Melanie Whited, advisor, TRiO/Student Support Services
    • Jessica Jackson, Academic Success Coach-Developmental/Adult Education Specialist, Center for Academic Success (new addition to staff for Title III)
 
 
 
 
 

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