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Quincy Reporter

Tuesday, November 5, 2024

John Wood Community College Finance & Audit Committee met April 10

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Bob Rhea, Board Member | John Wood Community College

Bob Rhea, Board Member | John Wood Community College

John Wood Community College Finance & Audit Committee met April 10.

Here are the minutes provided by the committee:

The Finance Committee met on Wednesday, April 10, 2024, at 2:00 p.m., at the John Wood Community College. Present were Randy Greenwell and Don Hess; trustees, Josh Welker; Dean of Business Services & Institutional Effectiveness, Bryan Renfro; president, Nora Klingele; director of fiscal services, and Jenny Venvertloh; note taker.

• Bills for Payment - The bills were reviewed and will be recommended for payment.

• Approval of Travel Requests – The committee reviewed the overnight travel forms that have been submitted and recommended them for approval.

• Financials - The financials were reviewed and will be recommended for approval.

• Board Budget – The budget was reviewed.

• Review & Discuss Investments - The investment report was reviewed.

• Board Items

➢ Tuition – In order to be in compliance with Illinois Community College Board Administrative Rule 1501.505, we recommend a $10 increase to out-of-district and out-of-state tuition effective fall 2024.

➢ Upward Bound Travel Request for Proposals - JWCC solicited request for proposals from qualified vendors to provide travel for the Upward Bound program. One proposal was received. It is recommended that the Board of Trustees accept the proposal and award to Gerber Tours in the amount of $46,596.00.

 https://www.jwcc.edu/about/board-of-trustees/board-agendas-minutes/#finance-committee

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