By Jessica LeDuc
Blade staff writer
Very few action items were on the agenda for the Cloud County Community College board of trustees Tuesday night.
The board gave its approval to participating in the Kansas Municipal Investment Pool. Vice President for Administrative Services Bob Maxson said the program offers the safety of the principal, liquidity and competitive interest rates for short term investments.
"We will still go to the local banks first and ask if they want this money," Maxson said. "If the local banks want the money and can pay a comparable (interest) rate, the money will stay here."
Maxson said as far as investments go, he has found the local banks aren't as interested in the college's money.
"What we're finding is that many local banks –not because they don't want our money–they just aren't able to pay much interest on it."
If the opportunity arises to invest the money in the state pool, Maxson said he would first check with all local banks to see if they would be able to offer a comparable rate.
During reports, Joel Figgs, dean of enrollment management, reported that enrollment and head count are both down eight percent this school year, including the Cloud and Geary campuses. Figgs also said the dorms are not at full capacity, but are 92-percent full.
Jennifer Zabokrtsky, student services specialist at the Geary County campus, reported to the board that head count there is up two percent. Credit hours are also up six percent.
Maxson reported to the board that interviews have begun in the hiring process for a new vice president for academic affairs to replace Kim Krull, who accepted the president's position at Butler Community College last month.
So far, he said, six interviews have been conducted, with another five scheduled for later this week. He said the hiring committee plans to bring candidates to campus after Labor Day.
"Beyond the president, it's the most critical position at the college, so we need to find the right person," Maxson said. "If we don't, we'll start the process again."
During the Foundation report, Executive Director Kim Reynolds said a new endowed scholarship in memory of Gail Kline has been established after an $11,000 donation. Kline, a former college employee, was killed in May when her bike was struck by a vehicle. Reynolds said her husband presented the check at the Foundation's golf tournament earlier this month, and two scholarships have already been awarded in Kline's memory.
So far this year, Reynolds said, 160 scholarships have been awarded, totaling more than $120,000. Last year, 87 scholarships were given, which amounted to $37,000.
She also said the Foundation office is in the early stages of establishing an Alumni Association.
In other business, the board approved the hire of Keela Andrews to the grant-funded position of TRiO Geary County Administrator at a full-time salary of $33,784.