Board of Directors - Budget and Finance Committee Meeting Minutes - April 12, 2022 | SKYCTC

Board of Directors

Board of Directors - Budget and Finance Committee Meeting Minutes - April 12, 2022

The Southcentral Kentucky Community and Technical College Board of Directors' Budget and Finance Committee held its meeting on Tuesday, April 12, 2022, at 10:00 a.m. on Main Campus, 1845 Loop Drive, Bowling Green, Kentucky.

In attendance:

Committee Members

  • Randy Schumaker, Chair
  • Donia Massey
  • Jackie Perkins (Board Chair)

President

  • Dr. Phillip W. Neal

SKYCTC Staff

  • Chris Cumens
  • Becky McNulty

Minutes

Call to Order

Chair Randy Schumaker called the meeting to order at 10:00 a.m.

Mr. Chris Cumens, Vice President of Business Services, gave a budget walk forward and financial update. He discussed budget planning going forward and revenue projects, the operating budget process, and nonrecurring expenditures.

Chair Schumaker asked about the Merit Scholarship. Dr. Phil Neal discussed the desired outcomes of the scholarship. Chair Schumaker and Mr. Cumens discussed a few budget items.

Chair Schumaker asked if anyone has any concerns with the report to the Board. There were no concerns. 

Adjournment

The meeting adjourned at 10:47 a.m.

Respectfully Submitted,

Randy Schumaker, Committee Chair
Date: April 12, 2022