Alvin Community College regents approved the 2020-21 financial audit during their meeting on January 13.
The audit was conducted by Belt, Harris and Pechacek which issued an unmodified opinion regarding the college’s financial statements.
“We have given ACC a clean opinion,” said Ben Cohen, senior manager with Belt, Harris Pechacek.
The results of the report are the highest opinion an entity can receive regarding its fiscal affairs. ACC’s total capital assets increased from the past year by $14 million. The ACC’s total net position also increased to $6.5 million.
“Your college is healthy in that regard,” Cohen said.
In other action, the ACC Foundation issued its annual report for 2020-21 to the college detailing the funds it raised for student scholarships, college programs and more.
“The mission of the foundation is to provide opportunities for students, the faculty and the college in general,” past Foundation President Shirley Brothers said.
In that year which was impacted by the COVID-19 pandemic, the Foundation issued $140,000 in student scholarships, $6,500 in Innovative Initiative Grants and $18,000 through its Adopt A Grant program which sponsored Dual Enrollment scholarships, the creation of a Promise Program, supporting TDCJ students and more. The Foundation awarded more than $195,000 to support ACC students, staff and programs throughout 2020-21.
“We have a strong desire to assist students to obtain the education they need to be successful in the future,” Brothers said.
-heard report on Presidential Goal #2 regarding the implementation of the Quality Enhancement Plan
-heard report on Presidential Goal #3 regarding changes to the employee on-boarding process
-approved changes to local board policy
-approved the hire of instructors for Math, Speech and Government as well as IT director for Enterprise Business Solutions
The board will have its next meeting on February 24 at 6 p.m. in the Nolan Ryan Center.