News

Parkland College Gets Clean Bill of Fiscal Health in Audit

Parkland College Gets Clean Bill of Fiscal Health in Audit

College also enhancing CTE programs through increased Perkins Grant funds

Parkland College has received high marks for financial soundness from external auditors and is enhancing career and technical programs at the college through a recent increase in federal grant funds. 

The Parkland College Board of Trustees officially accepted the Comprehensive Annual Financial Report (CAFR) from Martin Hood, LLC, at its meeting Wednesday. The report presented the college with an unqualified "clean" opinion of its FY 2019 financial statements, the best type to receive from independent review. The audit highlights the college's exemplary fiscal management and includes reports on Parkland's schedule of expenditures of federal awards and its internal control over financial reporting and compliance.

Also at their meeting, trustees received an update on how a $643,000 Carl D. Perkins grant Parkland received for AY 2020 is being used to strengthen career and technical programs and support students in underrepresented groups. Through the Strengthening Career and Technical Education for the 21st Century Act (Perkins V), the US Dept. of Education is providing more than $1.2 billion in federal aid this year to bolster CTE programs across the country. 

Pamela Lau, Executive Vice President, reported that the Perkins funds are being used in several major ways. First, they will help develop an apprenticeship office at Parkland College; this effort will accelerate the development of apprenticeships with the College, which has obtained status as a US Department of Labor intermediary, one that proactively addresses workforce needs for both employees and employers. The funds will also allow the college to provide career-exploration software, soft-skills training, summer camps, and other work-based learning tools for students. Under the leadership of Bobbi Scholze, Parkland's dean of career and technical education, the College will continue expanding pathways to obtain CTE credentials in collaboration with Parkland's Adult Education and Community Education units. Finally, Parkland will make capital equipment purchases and lab and software upgrades that help boost CTE program technology.

In other business, the board approved the following:

  • purchase of body-worn cameras and associated hardware and software from WatchGuard, Inc., Allen, Texas, $22,355;

  • purchase of a 15-passenger commercial bus from Midwest Transit Equipment of Kankakee, $50,628;

  • retaining Henneman Engineering, Inc. of Champaign for the development and design of the campus electronic door lock upgrade, $509,850;

  • purchase of the pre-exposure rabies vaccine administration from McKinley Health Center in Urbana for veterinary tech students, $21,420;

  • receipt of funds from the Illinois Community College Board (ICCB) Workforce Equity Initiative. College officials publicly announce the grant award on Thursday, Oct. 24, at 10 a.m. in the Student Union atrium.

  • personnel appointments:

    • Gerald Lighty, Faculty, Ag/Engineering Science Technologies

    • Carrie Harris, Program Manager, Community Education

    • Josh Houston, Maintenance Tech/Electrician, Physical Plant

    • Jenna Hooker, Police Officer, Public Safety

Previous Article Parkland Marks National Nontraditional Student, Distance Learning Week
Next Article Parkland Launches Short-Term Workforce Equity Training
Print
6552 Rate this article:
No rating