Shawnee Community College

The committee reviewed long-range financial and operational strategies, including enrollment trends and revenue projections, institutional priority alignment with the strategic plan, financial sustainability, facilities master planning, and grant sustainability. Discussions also covered workforce planning, program cost modeling, and future cost drivers such as collective bargaining. Additionally, the committee addressed development priorities for the FY27 budget, including staffing recommendations, capital equipment and construction priorities, and budget development timelines and assumptions.

The committee meeting focused on the review of the Board Policy Manual.

The committee reviewed the FY24 budget, including corporate personal tax and tax levy estimates. Discussions covered the Capital Project List, which supports the strategic Master Plan and long-term equipment lifecycle management. The committee also addressed the management of financial reserves and future financial projections for FY25-FY29, focusing on topics such as unit costing, creative tuition strategies, and the strategic use of financial aid.

This document is a monitoring report for the 2021-2025 Strategic Plan of Shawnee Community College, which aims for an enrollment target of 40,000 Reimbursable Credit Hours. The plan is structured around four main goals: identifying and developing programs to meet community educational needs, increasing student completion by 10% by FY23, strengthening college processes for excellence and inclusivity, and fortifying the college's infrastructure to promote student learning, completion, and institutional sustainability. Key focus areas include enhancing programming, streamlining student intake, improving developmental education, increasing non-traditional student engagement, renewing focus on diversity, equity, and inclusion, and continuing infrastructure enhancements.

The board addressed various administrative and financial items. Key actions included the ratification of new Student Trustee election results and recognition of the outgoing student trustee. The Board approved annual reports for professional programming and student services. Financial approvals included FY27 dual credit tuition and fee waivers, purchase authorizations for office furniture and semi-trucks, and a five-year contract extension for Ellucian services. Additionally, the board discussed new employee cost-of-living adjustment eligibility parameters and approved vice president employment contracts for the upcoming fiscal year.