John Wood Community College Board of Trustees Finance & Audit Committee met Nov. 16
Here is the minutes provided by the board:
The Finance Committee met at 4:00 p.m., at John Wood Community College. Present were Randy Greenwell; trustee, Josh Welker; Dean of Business Services & Institutional Effectiveness, Mike Elbe; president, John Reinhardt, director of fiscal services, and Jenny Venvertloh; note taker. Also attending was Josh Faivre, auditor with WIPFLi.
- Josh Faivre gave an overview of the audit. A draft audit is being presented. The final audit will be presented in December.
- Bills for Payment - The bills were reviewed and will be recommended for payment.
- Out of District Travel Requests – The committee reviewed the out of district travel forms that were submitted and recommended them for approval.
- Financials - The financials were reviewed and will be recommended for approval.
- Board Budget – The board budget was reviewed.
- President’s Expense Account – The President’s expense account was reviewed.
- Review & Discuss Investments - The investment report was reviewed. There was discussion about future investment options.
- Board Items
The College requested proposals to provide lighting for the auditorium stage. Four proposals were received. It is recommended that the Board of Trustees accept the proposal and award to LiveSpace, LLC in the amount of $41,317.71.
The College requested proposals to provide electric automation for the auditorium stage. Two proposals were received. It is recommended that the Board of Trustees reject both proposals. The proposals will be revised and readvertised.
https://www.jwcc.edu/about/board-of-trustees/board-agendas-minutes/#finance-committee
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