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Yavapai-Apache Nation seeks closer ties with Colleg

By R. Oliphant
Sunday, February 15th, 2015

Advisory Board seeks to strengthen Community College relationship with Yavapai-Apache Nation

The Verde Valley Advisory Committee to the College Governing Board has been reaching out to the communities in the Verde Valley asking for their views on how the College can best serve them. On Wednesday, February 4 the Committee met with the Yavapai-Apache Tribal Council at Tribal Headquarters in Camp Verde.

Yavapai-Apache Nation symbolThe Committee heard members of the Tribal Council ask that more Community College classes be offered in Camp Verde and at the Tribe’s Learning Center in Clarkdale. It also heard about issues of access to classes and the new transportation link between the reservations in Clarkdale and Camp Verde. The Council suggested that with the new transportation system in place there are more opportunities for getting its members to the College.

Categories : Advisory Committees, Yavapai-Apache Nation

Enrollment continues to slip

By R. Oliphant
Tuesday, February 10th, 2015

Enrollment at Yavapai Community College continues to slip; administrators say decline since 2011 due to “cuts in scholarships, athletic programs, nursing, and adjustments to other programs”

The YCC administrators said at the January, 2015 Governing Board meeting that “cuts in scholarships, athletic programs, nursing, and adjustments to other programs” are the reasons for the decline in enrollment since 2011.  (Approved minutes of January, 2015 Governing Board meeting.)  However, if reported headcount of students is used as a measure, enrollment has been declining since 2008 when it was at 15,582.  For the 2013-14 academic year, the headcount announced by the College was 11,518.

Despite the reduced headcount, total student tuition revenue has not dropped. The reason for this is that over the past several years there have been annual  increases imposed by the Governing Board.  Also, students who do appear take more classes for credit than previous students.

The Blog believes that if the $1.3 million dollars in student scholarships taken out of the budget in 2012 were restored and used strategically, student enrollment would increase.  No such plan was discussed at the February 2015 Governing Board meeting.

The following chart was created by the Blog based on Annual Financial Records filed by the Community College in June of each year.

Total revenue and headcount chart

Categories : Budget, Enrollment data, Scholarships

$5 Million dollar new Art/Music Building on Prescott campus

By R. Oliphant
Tuesday, February 10th, 2015

Administrators recommend  $5 Million dollars to renovate Building #15 to house Art and Music on Prescott campus; Request illustrates impact of concentrated music program development on West side of County while ignoring East side of County

The Yavapai Community College administrators are asking the Governing Board to approve  $5 million dollars to construct  Art and Music facilities in Building #15 on the Prescott campus. The request appears in the draft capital improvement plan submitted to the Governing Board at its February, 2015  meeting.

Music notesThe $5 million dollar request is in part the culmination of a specific effort on the Prescott campus to develop music courses while ignoring music development in the Verde Valley. For example, by the fall of 2014 the Community College listed 87 separate courses of music instruction and 16 areas of music concentration that students might consider. However, of the 87 courses, 85 are taught only on the Prescott campus; two music courses existed at the Sedona Center for Arts and Technology campus. None appear online.UNDER CONSTRUCTION

In the spring, 2015 the College Registration catalog listed over 100 music courses being offered on the Prescott campus. It listed less than six on the Verde campus.

The Yavapai Community College Foundation has no doubt played a significant role in pushing for development of the facility with its Friends of Music Auxiliary. The Auxiliary has an outstanding membership made up mostly of Prescott and Prescott Valley residents. It has provided scholarship assistance to outstanding student musicians and co-sponsored musical events with the music department.

Categories : Construction, Music, Underserving the Verde Valley

Different methods of raising bond money explained

By R. Oliphant
Wednesday, February 4th, 2015

Community College uses variety of bonds to finance capital projects; student tuition helps with payment of Pleadged Revenue Obligation bonds and Revenue Bonds

Many Verde Valley residents are confused over how the Community College raises money for projects by selling bonds.  At the February Governing Board meeting, Vice President Clint Ewell outlined  the different bonds the College now uses.  He said there are three types of bonds.  They are:  General Obligation bonds, Pledged Revenue Obligation bonds, and Revenue bonds.

BondsThe General Obligation bonds are approved by voters and used for capital projects.  The last time voters in Yavapai County approved General Obligation bonds was in the year 2000 when they approved issuance of $69.5 million dollars in bonds for the Community College. 

Rather than seek voter approval for bonds to support a capital project, College administrators with Governing Board approval can issue “Pledged Revenue Obligation bonds. In the annual financial report issued in June, 2014 the College explained that it used this process in April 2011 when the Community College  District issued $14,000,000 of pledged revenue obligations. The $14,000,000 was used to prepay a capital lease and $9,435,487 was used to construct the Prescott Chiller Water Plant and Clarkdale Central Plant.  According to the June, 2014 Community College Financial Report, “Pledged revenue obligations and revenue bonds are repaid from tuition, fees, rentals, and other charges to students, faculty, and others.”

When it came to financing most of the $7 million dollars to renovate two of the student residence halls on the Prescott campus, the Administration with agreement of the Governing Board issued $5 million dollars in Revenue bonds to pay for construction.  This process also avoided asking for voter approval of the project.  According to the June, 2014 Community College Financial Report, “revenue bonds are repaid from tuition, fees, rentals, and other charges to students, faculty, and others.”   

The Chair of the Governing Board theorized that this process seemed like a fair one when it came to the student residence halls.  Under this theory, the user pays for the construction.  The problem is that the user don’t pay enough  in annual annual rental fees to cover the principal and interest.  Therefore, the facilities must be subsidized at least in part by student tuition.  The result is that thousands of students who pay tuition never use the residence halls but  nevertheless pay for their construction.

 In a statement in the June, 2014 Financial Report, the Community College stated the following:   “Annual principal and interest payments on the pledged revenue obligations and bonds are expected to require less than 17.2% of tuition, fees,  dormitory rentals, and bookstore income. In the current year, total revenues of $10,751,131 were pledged to cover the principal and interest paid of $1,846,981.”  [Video to follow when available.]

 

Categories : Bonds, Budget, Tuition

Spinach growing in Chino Valley

By R. Oliphant
Wednesday, February 4th, 2015

The University of Arizona has selected the Community College Chino Valley Center as the venue for an agricultural trial involving spinach

SpinachThe Community College has announced that the University of Arizona has selected the Chino Valley Center as the venue for an agricultural trial to see if this is a good area for summer spinach growing. Chino Valley Farms is also participating in the project, which is part of the largest spinach-growing trial in Arizona.

In its announcement, the College said that “[t]his provides a viable research project for the spring/summer terms for the Chino Valley research garden, and it fits well with all the learning outcomes of our agriculture program.”

Categories : Chino Valley campus, New Courses

College reports over half million dollar increase in revenue in 2014

By R. Oliphant
Friday, January 30th, 2015

Overall revenues increased by $604,626 in 2014; property taxes and tuition account for 75% of revenue; state puts in 2%

The Community College reported in its annual Financial Report that revenues increased in 2014 over 2013 by $604,626. Tuition and fee revenues increased by 2.2% due to a 2.9% base tuition rate increase being offset by lower aviation program revenue. Aviation program tuition decreased as a result of the revenue distribution formula being modified between the District and its aviation partners.

Property taxes increased slightly due to new construction. Lastly, capital revenues increased by $720,234 due to $471,634 of donations and $248,600 of capital outlay monies received from the state. County property taxes and student tuition account for 75% of the revenue coming into the Community College. The State of Arizona supplies about 2% of the annual revenue coming to the Community College.

 

REVENUE SOURCES IN 2014

Categories : Budget

Student tuition used for capital projects

By R. Oliphant
Friday, January 30th, 2015

Financing Capital projects with tuition SOP with Yavapai Community College

The Community College has looked to student tuition to help repay leases and issuance of what are described as pledged revenue obligations relating to issuance of  revenue bonds without requiring voter input. The Blog has been unable to discover a tuition use policy for the College, something some Colleges have created.

Tuition 2According to data in the 2014 Annual Financial Report that was just released, in April 2011, the District issued $14,000,000 of pledged revenue obligations, which are backed in part by student tuition. The $14,000,000 was used to prepay a capital lease and $9,435,487 was used to construct the Prescott Chiller Water Plant and Clarkdale Central Plant.

On June 13, 2013, the District issued $5,000,000 of revenue bonds to construct, renovate, furnish and equip the residence halls on the Prescott Campus and to make related site improvements.

The District has pledged future tuition, fees, dormitory rentals, bookstore income and other charges to students, faculty and others to repay the pledged revenue obligations and the June 2013 revenue bonds. The pledged revenue obligations and revenue bonds are payable solely from these revenue sources.

The 2014 Annual Financial Report states that annual principal and interest payments on the pledged revenue obligations and bonds are expected to require around 17.2% of tuition, fees, dormitory rentals, and bookstore income. In 2014, total revenues of $10,751,131 were pledged to cover the principal and interest paid of $1,846,981.

The Blog takes the view that student tuition should not be used for capital projects absent a written policy made with the agreement of students. As noted above, the Blog was not able to find such a policy at Yavapai Community College. You may view the latest Annual Report (scroll down to page 37) containing these items by clicking here.

Categories : Budget, Tuition

New courses leading to new Certificates

By R. Oliphant
Friday, January 30th, 2015

Certificates offered at College facilities on the West side of County

NEW courses 2Beginning in the fall of 2014,  the District began offering several new certificates including Athletic Coaching, Canine Care and Handling, Electric Utility Technology, Therapy and Service Dog Team Skills, Gas Medal Arc Welding, Gas Tungsten Arc Welding and a Pipe Welding. These new certificate programs are designed to prepare students for various careers in these industries through a combination of lecture, group discussion and hands on skill building experiences.  

The Blog is unable to identify any of these certificates as locating on the Verde campus.  (Pages 4-5 Annual financial report released in January, 2015, which you can read by clicking here).

Categories : New Courses

Students appear unaware of Community College

By R. Oliphant
Thursday, January 29th, 2015

Superintendent U’Ren tells Advisory Committee that Verde Valley students appear unaware of the Community College

The Verde Valley Governing Board Advisory Committee met on January 21 on the Verde Campus. Among the superintendents asked to address the Board was Ms. Barbara U’Ren, superintendent of the Cottonwood-Oak Creek School District.

BARBARA U'REN

SUPERINTENDENT BARBARA U’REN

She strongly suggested that students in the Verde Valley were not aware of the local Community College. Or if aware, they did not see the Community College as an option to post-secondary education.

To illustrate her point, she said that at a recent meeting with seventh-grade students, she asked where they were going to college. None mentioned Yavapai Community College and when it was mentioned, they seemed baffled.

Superintendent U’Ren had several ideas she put forward to the Committee to increase awareness.  Among them was a suggestion that there should be greater outreach by the Community College to the Verde Valley community including parent-student campus tours.

Categories : Advisory Committees

Digital Film Institute may return to the Verde Valley

By R. Oliphant
Tuesday, January 27th, 2015

Community College President says she is planning to propose Digital Film Institute on Clarkdale campus

In a Community College news release of January 20, the President Dr. Penelope Wills said that the she is preparing to present a proposal for a Digital Media Institute to the Governing Board.  It  would be housed on the Verde Valley Campus in Clarkdale.

NEW 2“We plan to present this to the District Governing Board in the next month or two,” Wills said. “We’re always looking for and evaluating programs that meet the educational, economic and cultural needs of the people of Yavapai County and can be offered at a justifiable cost to students and taxpayers. We believe these new programs meet those criteria, and we’re eager to welcome the new students that they’ll attract.”

The complete Community College news release can be accessed by clicking here.

Categories : New Courses
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