Board Policy A-106.00
Board of Trustees Process

Items for Specific Board Approval

The following actions are matters in which the board reserves the right to be involved in the decision-making process, to deliberate and evaluate options, and vote upon:

Human Resources

• Selection, evaluation, compensation, and retention of the president
• Policies and procedures related to the board-president relationship
• Approval of negotiated collective bargaining agreements

Finance

• Bonding/borrowing money
• Adoption of annual budget
• Approval of general fund budget adjustments
• Approval of persons authorized to execute financial instruments on behalf of the College
• Institutions utilized for investment of College funds
• Tax rate assessed
• Selection of auditing firm; acceptance of annual audit
• Utilization of reserve funds
• Expenditures from the Fund for Transformation in excess of $50,000 per year
• Approval of budget guidelines
• Declaration of a College-wide state of financial exigency
• Approval of general fund line-item expenditures of $50,000 or more, and $75,000 or more on construction/ renovation projects
• Leases (as lesser or lessee) exceeding three years or more and exceeding $50,000 annually

Educational Services

• Approval and discontinuation of academic programs
• Annual establishment of tuition and fees that apply to all students
• Approval of degree and certificate requirements

Facilities (General)

• Real estate acquisition and disposition
• Determination of facility names
• Approval of campus facilities plan

Other

• Policies and procedures related to the board's own processes
• Authorization of special elections
• Election of board officers
• Approval of College statements of mission, vision, values, and Institutional Effectiveness Criteria
• Appointment of College fellows
• Appointment of foundation board members
• Approval of the College's strategic plan, including modifications

If any provision(s) of this policy or set of bylaws conflicts with laws applicable to Northwestern Michigan College, including the Community College Act of 1966, the Freedom of Information Act, or the Open Meetings Act, as each may be amended from time to time, such laws shall control and supersede such provision(s).