June 13, 2022 at 5:30 PM - Investment/Finance/Audit Committee

1. Call to Order

2. Update Items:

2.A. INFORMATION ITEM: Becoming an Entrepreneurial Community College

3. Standing Committee Items:

3.A. INFORMATION ITEM: Audit Report 

3.B. INFORMATION ITEM:  FY 23 Budget Process

3.C. INFORMATION/ACTION ITEMS:  Increasing Revenues - Entrepreneurial College

3.C.1. INFORMATION ITEM:  UBEO Proposal - Exhibit 3C1

3.C.2. ACTION ITEM:  Production Print Center/UBEO Cost Analysis & ROI - Exhibit 3C2
Consideration to repurpose the expansion expenses still remaining in the FY22 budget to repurpose the KC Commons Cafeteria Building to a Production Print Center. Not to exceed $250,000.00

3.C.3. ACTION ITEM:  KC College Store - Cost Analysis and ROI - Exhibit 3C3
Consideration to repurpose the expansion expenses still remaining in the FY22 budget to repurpose the KC Bookstore to a KC College Store. Not to exceed $100,000.00.

3.C.4. INFORMATION ITEM:  Merchandising - Brand Engagement - Exhibit 3C4

3.C.5. INFORMATION/ACTION ITEM:  KC Parks Fitness Center - Exhibit 3C5

• INFORMATION ITEM: Re-Opening July 1, 2022
• ACTION ITEM: KC Parks Fitness Center New Operating Model - Cost Analysis & ROI - Consideration of new membership and price structure for the reopening of the KC Parks Fitness Center

3.D. INFORMATION ITEM: Financials: April 2022 - Exhibit 3D

4. New Business Items:

4.A. ACTION ITEM: Consideration of Sale of Property for Gregg Appraisal District - Exhibits 4A

4.B. ACTION ITEM:  Consideration of Interlocal Cooperative Purchasing Agreement Between Region 8 Education Service Center & Kilgore College - Exhibit 4B

4.C. INFORMATION ITEM:  Pedestrian Bridge RFP and Halff Expenses to Date -
Exhibit 4C

4.D. INFORMATION ITEM:  Policy DEE: Per Diem/Reimbursement (Legal, Local, Administrative Rule) - Exhibit 4D

4.E. INFORMATION ITEM:  Property Tax Projections - Property Tax Hearing - Exhibit 4E

4.F. INFORMATION ITEM:  Consideration of Meeting Dates:

• July Committee Meeting (July 26-28)
• Budget Workshop (August 2,3,4)
• August Board Meeting (August 22 or 29)
• Property Tax Hearing (Prior to the approval of the tax rate - up to and including immediately before the September Board Meeting)
• September Board Meeting (September 26)

5. Walk-ins: All

5.A. INFORMATION ITEM: Modern Campus: Continuing Education (CE) Web Portal Software

6. Adjourn