Illinois Eastern Community Colleges trustees dealt with several financial matters during their meeting at Lincoln Trail College Tuesday.
The board also approved the district's annual resource management plan and personnel changes.
Trustees adopted a resolution authorizing inter-fund loans during the 2013-14 fiscal year, with the loans to be repaid to the original fund within one year. Another resolution was adopted to authorize certain expenditures from the operations and maintenance fund, such as custodial salaries.
A third resolution was adopted authorizing the permanent transfer of about $20,000 in interest earned in the working cash fund to the general fund.
Trustees also voted to allow the district to pay accrued bills for a short period following the end of the fiscal year June 30. The accrual period is July 1 to 19. All bills received during this period will be paid and a report given to the board the following month.
The board is also working on the budget for the coming fiscal year.
A public hearing on the budget was scheduled for 7 p.m. Tuesday, Sept. 17, at Frontier Community College. The tentative budget will be available for public inspection at the District Business Office, 233 E. Chestnut, Olney, beginning Friday, Aug. 9.
The IECC Resource Allocation and Management Plan for fiscal year 2015 was approved by the board and will now be submitted to the Illinois Community College Board.
Under the plan, the board hopes to construct an applied technology center at Olney Central College at a student education and support center at Frontier Community College, Fairfield. The estimated costs are almost $2.2 million and more than $3.1 million, respectively.
RAMP projects for LTC and Wabash Valley College have already been submitted and approved. The plan calls for construction of a technology center at LTC and renovation and expansion of the main hall at WVC.
Among personnel matters, Emily Gullett was hired as retention coordinator at LTC, effective July 10, and the resignation of Marla Graham, an office assistant for the Upward Bound program at LTC and the district office, was accepted. Also, Chief Executive Officer Terry Bruce and the four college presidents were rehired.
Special assignments for the coming academic year were approved for all four colleges, including lead instructors, advisors, coordinators, managers, directors, some athletic personnel and operations and maintenance team leaders.
In other business, the board:
Renewed lease or sub-lease agreements for 15 off-campus locations which house various IECC programs throughout the district and adjoining areas.
Renewed four joint agreements for education cooperation with Kaskaskia College, John A. Logan College, Rend Lake College and Southwestern Illinois College. Under the agreements the colleges agree to accept students in certain programs that are not offered by their home district.
Approved two affiliation agreements with area institutions for health related programs.
Adopted the prevailing wage for Crawford, Richland, Wabash and Wayne counties.
The next regular board meeting will be held at Olney Central College, 7 p.m. Tuesday, July 16.