May 24, 2023 at 4:00 PM - Investment/Finance/Audit Committee

1. Call to Order

2. Standing Committee Items:

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

• Update on Modern Campus
• Update on Ranger Roadshow
• Update on Ranger Print
• Update on Fitness Center
• Update on Campus Store
• Update on Soft Skills
• Update on KC Shark Tank

2.B. INFORMATION ITEM:  April FY23 Financial Snapshot and Capital Projections

2.C. INFORMATION ITEM:  Preliminary Property Tax Values and Property Tax Projections

2.D. INFORMATION ITEM:  TASB Salary Study Clarification

3. New Business Items:

3.A. ACTION ITEM:  To consider a recommendation to engage in a Broker-Dealer Service based on the RFQ No 2022BrokerSrvs04 and authorize the College President to execute same.

3.B. ACTION ITEM:  To consider approval of a Debt Management Plan

3.C. ACTION ITEM:  To consider adoption of Resolution R-2023-8; Interlocal Agreement for Assessment and Collection of Taxes between Upshur County and Kilgore College.

3.D. INFORMATION ITEM:  Dual Credit Discount 

3.E. INFORMATION ITEM:  Athletics Financials

3.F. INFORMATION ITEM: New TASB Legal policies (Information only)

3.F.1. CAAA (LEGAL) - State and Federal Sources - State

3.F.2. CAD (LEGAL) - Appropriations and Revenue Sources - Bond Issues

3.F.3. CAE (LEGAL) - Appropriations and Revenue Sources - Time Warrants

3.F.4. CAF (LEGAL) - Appropriations and Revenue Sources - Certificates of Indebtedness

3.F.5. CAG (LEGAL) - Appropriations and Revenue Sources - Revenue Bonds and Obligations

3.F.6. CAH (LEGAL) - Appropriations and Revenue Sources - Loans and Notes

3.F.7. CAI (LEGAL) - Appropriations and Revenue Sources - Ad Valorem Taxes

3.G. INFORMATION ITEM:  DEI Legislation

4. Walk-ins: All

5. Adjourn