Grand Rapids Community College Board Of Trustees Budget Work Session
The Budget Work Session focused on the presentation of the 2022-23 preliminary budget assumptions, scenarios, and strategies by the Vice President for Finance and Administration.
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The Budget Work Session focused on the presentation of the 2022-23 preliminary budget assumptions, scenarios, and strategies by the Vice President for Finance and Administration.
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The board convened to review financial reports, focusing specifically on the 2023-24 preliminary budget assumptions, scenarios, and strategies presented by the Vice President for Finance and Administration.
The Board of Trustees held a budget session where two primary action items were addressed. The first involved the approval of the 2026-2027 Millage Levy Resolution, which included a required adjustment to the millage rate due to the Headlee Amendment and the authorization of the L-4029 form for 46 taxing units. The second item was the review and approval of the proposed budget for the 2026-2027 fiscal year.
The meeting agenda addressed special business items, including the certification of the 2026-2027 MCCA Board of Directors and a resolution for the Michigan New Jobs Training Program. Action items focused on the approval of various financial transactions and purchases exceeding $100,000 for items such as Zoom phone services, Canvas Learning Management System services, and Adobe licenses, alongside plans for 2026-2027 blanket purchase orders. Furthermore, the board planned to discuss the 2026-2027 meeting schedule, compensation for administrative and professional staff, student compensation, and executive contracts, as well as receive reports from the President, Faculty Association, and Board Chair.
Extracted from official board minutes, strategic plans, and video transcripts.
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