ESTHERVILLE Several reports were reviewed and accepted by the Iowa Lakes Community College Board of Trustees during its December meeting on Dec. 18.
Of particular importance to the Trustees was the report of Ebony Rahe of Williams & Company, Certified Public Accountants, who issued an unqualified or clean audit opinion on the college for the past fiscal year. In presenting the audit report, Rahe noted that despite declining enrollment and credit hours, the college had increased net assets by $1.1 million.
College Trustee Bob Jennings pointed out that even though there were losses in enrollment, that fact signaled that the area's economy is finally beginning to realize some improvement.
The Trustees approved the audit report and then conducted a second reading of the institution's child abuse reporting policy, which makes reporting mandatory for incidents involving persons under 18.
A report on e-Learning was presented by Theresa Zeigler, director of distance and global education for Iowa Lakes. Zeigler noted a marked improvement in students who had completed online courses since 2005. This coming Spring the college will incorporate e-books into the curriculum, which will represent a significant savings for students, according to Zeigler.
Clark Marshall, Executive Director of Continuing Education and Economic Development, presented the trustees with a request for a preliminary training agreement between the college and Simonsen Iron Works of Spencer. The agreement was approved by the trustees, who also granted approvals to grant applications for Palo Alto County Gaming Grants. If grant funds were awarded, the projects would be completed within the next 12 months, according to Emmetsburg campus Executive Dean Tom Brotherton.
Trustees approved a lease with Spencer International for a 12-row planter for use at the College's Emmetsburg Farm Lab for the upcoming growing season and also received a report from Jane Campbell, Executive Director of Marketing, on the First Lego League gathering, which was held at the Estherville campus on Dec. 15.