Trustees held a public hearing regarding their intent to sell $2.8 million in funding bonds for technology and infrastructure upgrades
Highland Community College Trustees held a public hearing regarding their intent to sell $2.8 million in funding bonds for technology and infrastructure upgrades at the start of their August meeting. The College will levy tax monies to re-pay the funding bonds, but College administrators have structured the repayment schedule so that the tax rate should remain the same as it was in 2003 prior to the public’s approval of an education fund referendum. No comments were offered during the hearing. Trustees expect to vote on the issue again next month.
“We have an opportunity to decrease our spending in the protection, health, and safety fund because we have completed a number of safety-related plans. That decrease will allow us to make the needed technology and infrastructure purchases without increasing the tax rate,” said Vice President of Administrative Services Jill Janssen.
In other business, Trustees:
· Appointed Vice President of Administrative Services Jill Janssen as Board Treasurer.
· Approved the first reading of the policy manual section regarding the board of trustees.
· Transferred interest from the working cash fund to the educational fund for general purposes.
Several students from the Upward Bound program provided an update about the program’s summer activities. The group spent five weeks in classes on the Highland campus learning about math by building a recumbent bicycle, using games to learn about probability, writing an autobiography, and participating in a college-level Music in the USA course. The summer included a one-week tour of colleges in Michigan. While on tour, the group experienced a number of cultural opportunities including a reenactment of the Underground Railroad and a visit to Motown. Upward Bound is a federally funded grant program that helps first-generation college students plan for and begin a college education.
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