Mt. Vernon Register-News


December 14, 2012

College finances stay solid despite state

INA — The state of Illinois has not paid any money to Rend Lake College for the 2013 Fiscal Year, although they have paid in full all the money owed from the previous fiscal year, according to RLC President Terry Wilkerson.

Wilkerson said during the Board of Trustees meeting on Thursday that the college is operating at the same funding levels as it was in 2009. He said there are some concerns because the state funding is late, but right now the college is not struggling financially.

“I feel confident as far as where we are at as a college,” he told the board.

Wilkerson said one area where the college needs to do better is recruiting and retaining students. The number of students who will be graduating in the future is not going to change from the levels they are right now, about 950 to 1,000 students, Wilkerson said. The college needs to come up with a way to bring more of them to the Rend Lake College campus and said that is where the challenge lies.

The college receives funding from the state based on the number of students enrolled there. The funding formula is based on the number of students enrolled from two years ago, he explained.

“There are not any more students out there. How do we get more of them?” he asked the board. “It looks like it [enrollment] will be flat or down.”

He said the administration needs to look into bringing programs to the college that students will want to take to help them get a job and not focus as much on the number of credit hours each semester.

Controller Angie Kistner elaborated on the financial state of the college during the meeting as well. She said there is a fund balance of $11 million and that more money can be expected to come in next year as well. She did warn there are concerns because of state payment issues and also because the formula for funding may change.

“We expect to be right on budget [next year],” Kistner said. “We do have some fiscal challenges coming.”

Bob Carlock, vice president of finance and administration, added that there is no mention of when the state will be paying the school the money it owes and at least six months of cash has to be kept on hand at all times for any contingencies.

In other news, the board:

n Accepted a bid of $34,500 from JBH Technologies of Glenview, for the purchase of a Trotec Speedy 400 Laser Engraving System and a bid in the amount of $21,172.33 from Torchmate CNC Cutting Systems of Reno, Nev., for a new CNC plasma cutter;

n approved two new occupational certificates, one in medical coding and one in nail technology. It also approved several courses to be submitted to the Illinois Community College Board, including: medical office procedures, essentials of human disease, health information technology, pharmacology principles, outpatient billing and reimbursement, inpatient billing and reimbursement, introduction to medical coding, introduction to CPT coding, intermediate medical and CPT coding, medical law and ethics and coding practicum;

n Appointed Rachel Sveda as Financial Aid and Admissions Coordinator effective Jan. 1;

n Employed Melissa Bertschi as a temporary full-time Cosmetology Instructor; and

n Accepted with regret the resignations of Krystal Reagan, Coordinator of Technology Integration and Training, effective Jan. 7, 2013, and Shannon Epplin, Assistant Child Care Provider, effective March 28, 2013.

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