08/12/2022
Someone's pants are a raging fire that cannot be contained. Yesterday, when asked about the state's taking back over $1 million because of a bloated fund balance, Dr. Atwater denied that it had happened. Let's go the proof:
HILLSBOROUGH COMMUNITY COLLEGE
DISTRICT BOARD OF TRUSTEES
BOARD WORKSHOP
WEDNESDAY, APRIL 28, 2021 – 3:00 P.M.
DR. GWENDOLYN W. STEPHENSON DISTRICT
ADMINISTRATION CENTER – BOARD ROOM
MINUTES
The Board Workshop commenced at 3:00 p.m.
The following Trustees were in attendance:
Mr. Randall Reid
Mrs. Nancy Watkins
Brig.Gen. Chip Diehl
Mr. Greg Celestan
Mr. Brian Lametto
Mr. Bruce Wills [arrived at 3:32 PM]
Dr. Atwater advised that the purpose of the workshop was to provide an overview of the Preliminary Proposed Budget for FY 2021-2022. He added that the June Board Workshop will provide more detailed information.
Trustee Diehl asked if the state took back College money in 2020. Dr. Atwater advised yes. He added that the College had a 28% Fund Balance but the state took back $1.5M. Dr. Atwater explained that this was part of the reason the College transferred $20M from Fund Balance to Plant Fund. Trustee Diehl thanked Dr. Atwater and Mr. Johnson for getting the state hold-back money down from $5M.