Welcome and Call to Order

The meeting will be called to order.

Approve Minutes

Review March Financial Statements

The financials for the month of March have a few anomalies for example I paid the janitorial and It contract for February on March 5th and for March on March 30th because we were shutting down for spring break and the end of the month ended on Saturday. The food service revenue came in because I submitted February and March claim in the same month.  The QBE is $399,403. The projection for the text books was increased to $170,000 to reflect the recent approvals.  Based on this change the $555,144 is the projected surplus.

Discussion surrounding the need for a travel policy.
Discussion regarding the transfer of $350,000 from general fund to contingency and this is to take place before June 30, 2018 so it will be reflected in this budget.

A discussion surrounding the salary scale review there may be a need to adjust to the 3 to 5 year employees and we are budgeting for all the vacancies to cover for future positions.

Policy Review (Vote on revisions)

Review Draft Budget

we discussed changes for position for 3 to 5 window and take a look at the the veteran employee salaries, finally begin discussion on vacancy for finance and support from front office.  Need to gather additional information from academic committee.  Think about other needs for the building such as beautification and be prepared to provide a draft budget by Monday.

Other Business

Discussion regarding website changes and the IT contract, a discussion will be held

The Meeting was Adjourned

The meeting adjourned at approximately 8:02 pm