IVCC Board approves $41 million FY25 budget

Posted 9/4/24

OGLESBY – The Illinois Valley Community College Board of Trustees on Aug. 15 approved a $41 million budget for Fiscal Year 2025.

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IVCC Board approves $41 million FY25 budget

Posted

OGLESBY – The Illinois Valley Community College Board of Trustees on Aug. 15 approved a $41 million budget for Fiscal Year 2025.

Revenues increased due to an increase in sales and service revenue and investment income. Expenditures also increased, largely due to planned Master Plan initiatives. The operating budget is balanced at $29.7 million, which includes $1.7 million for Master Plan initiatives.

In her monthly report, President Dr. Tracy Morris noted:

  • Twenty-two additional degrees or certificates were awarded in spring and summer as students received credit through Prior Learning Assessment (through an examination or life experience).
  • Beginning this fall, a non-credit surgical technician program provides 24 in-person training sessions to prepare students for certification in the field.
  • The Get Set program served 17 participants and the Project Success Jumpstart served 65 students. Both programs provide additional support and orientation for students starting at IVCC.
  • As part of a “Keeping your Kids Safe Back-to-School Series,” CBS News covered Continuing Education’s Cyber Crusaders Camp on Aug. 8 and 9 for kids ages 8-12.

The Board:

  • Designated procedures for filing nominating petitions for the April 2025 Board of Trustees election. Nominating petitions can be filed in Room C-301 between 8 a.m. to 4:30 p.m. Nov. 12 to Nov. 15, and between 8 a.m. and 5 p.m. on Monday, Nov. 18. The College is closed for Veterans Day on Monday, Nov. 11.
  • Authorized the College’s annual contributions to health plans and learned that full-time employees will be offered a new health plan option.
  • Authorized renewal of a Microsoft software maintenance and support agreement in the amount of $39,800.
  • Authorized renewal of the Coursedog Event Scheduler and Class Scheduler in the amount of $63,600.
  • Authorized renewal of the Ferrilli Core System Admin Agreement to support the Ellucian Colleague administrative and academic operations software in the amount of $36,600.

The Board also:

  • Authorized appointments of Madonna Duncan as Director of Marketing and Communications and Rebecca Caldwell as Early Childhood Education instructor.
  • Learned of the appointments of Madeleine Hunter, Financial Aid Administrative Assistant, and Taressa Edge, Learning Resources Administrative Assistant.
  • Accepted the retirement of Ron Groleau, Dean of Natural Sciences and Business, effective Jan. 31, 2025.
  • Learned of the resignations of Kimber King, Health Careers Navigator; Brandon Henry, history instructor, and Gerald Stuart, women’s soccer head coach.
  • Learned of a networking agreement with Freedom House of Princeton.