2015-18 audit reports and financial statement now available

Greetings,
Last week I promised to post our newest financial statement and our 2015-16, 2016-17, and 2017-18 audit reports to the College Budget SharePoint site. Here are these documents for your reference.

It really has been a long and winding road. Finishing four years of financial statements and working with the State Auditor’s Office has been time consuming but satisfying now that everything is winding down.

The 2018-2019 financial statement has now been shared with the State Auditor. They will be working to finish this last audit before June 30th. This will be a daunting task attempting to audit by not coming to our campus. I will keep you posted in our regular updates to the campus. Also, we will start posting monthly budget status reports to the site.

A side note is that in all three audits, we were in full compliance and had a “clean” opinion.

As I reported earlier, we had one finding in our 2017-2018 audit. They recalculated the accounts receivable balance and determined the balance is not correctly calculated and classified. They determined the current portion of accounts receivable was overstated by $8,852,651 and Long-term Due to Other Agencies was understated by $8,852,651. This change in no way affected our financial statement.

If you have any questions regarding our financials or audits please feel free to contact Satoko or myself.

Stay Safe,

Bill Saraceno

Interim Chief Financial Officer

Employee Connections- Featured Friday

Featured Professional Development:
Do you want to ensure that your Zoom meetings are secure for both you and your participants? E-Learning has created a recorded Zoom Security Session video where you can learn best practices for Zoom. There are also some quick FAQ’s included as well.

This Friday’s Featured Employee:
Name: Jenna Durney
Title of Employee: Interim Opportunity Grant Specialist
Length at College– 3 years— Time Flies 🙂
Something you want everyone to know about the work you do:
I would like everyone to know that my favorite part of the day is when I can:
-Help professional technical students figure out how to pay for school
-Help adult learners, low-income students, and first-generation college students navigate college

I appreciate all the faculty and staff that work with me in ensuring Opportunity Grant students are able to achieve their goals.

Whenever someone needs _____ they should contact you.
Strategizing paying for school or a pep talk

**Feel free to contact Jenifer by emailing (jdurney@shoreline.edu) or “saying hi” on Teams!**

Featured Tech Tip:
Stay informed with all things ctcLink by checking out their new website!

Please Complete the ctcLink Readiness Survey

Dear Colleague,

Over the last few months, the ctcLink team has worked closely with multiple departments across campus to prepare for the transition to the new PeopleSoft system.  We would like to hear from you through the ctcLink Readiness Survey because it is important to get a sense of how aware the campus is about the project and to directly learn your thoughts about the best ways we can support you through this transition.

You have until May 14 to complete the survey. After that date the survey will be closed.

If you have any questions, please contact Joe Chiappa, ctcLink Organizational Change and Project Manager.

With appreciation,
Cheryl Roberts, Ed.D.
President
Office of the President

Recent campus budget questions & recording from April 23 meeting

Dear Colleague,

Thank you for attending the most recent virtual Campus Budget Meeting on April 23. In case you missed it, the video recording is now available.

Additionally, here are the responses to the most recent budget questions. You are welcome to submit budget-related questions, comments, and suggestions any time via an online feedback form.

Thank you for your continued care for our students and for each other, and for your perseverance during this challenging time. You’re building a place of hope and possibility!

Gratefully,

Cheryl Roberts, Ed.D.

President

BOARD OF TRUSTEES VIRTUAL SPECIAL MEETING: FRI, MAY 1, 2020; 4:00 PM

The Shoreline Community College Board of Trustees will hold a special meeting on Friday, May 1, 2020 beginning at 4:00 PM. The purpose of the May 1, 2020 special meeting:

• Action: Memorandum of Understanding Regarding Nursing Educator Funds

The special meeting will take place in a virtual space to comply with government restrictions on public gathering due to COVID-19 health risks.

•To connect to the May 1, 2020 special meeting:

• Via link, go to: https://zoom.us/j/98107168086

-or-

• Via telephone:

Call/Dial/Key-in to one of the following numbers. Start with the first number. If you receive a busy signal or an “all circuits are busy” message, try the next number on the list.

(253) 215-8782
(346) 248-7799
(312) 626-6799
(646) 558-8656

• Webinar (“Meeting”) ID: 981 0716 8086

•All Board of Trustees meetings include opportunity for public comment. Due to the continual and changing information related to COVID-19 and the May 1 special meeting to be held virtually, please email public comments to the Board Secretary at lyonemitsu@shoreline.edu by 4:00 PM on Friday, May 1, 2020. Please place “Public Comment” in the subject of your email. Public comments sent to the Board Secretary by 4:00 PM on Friday, May 1, 2020 will be read aloud by Chair Lux. The total public comment period will be no more than twenty (20) minutes and Chair Lux will read up to two (2) minutes of each public comment received, with adjustments made if more than ten (10) public comments are received.)

•The agenda for the May 1, 2020 special meeting will be posted to: https://www.shoreline.edu/about-shoreline/board/meeting-packets-2018.aspx