>> HAPPY TO CHAIR BRAVO WILL JOIN US SHORTLY.
[00:00:04]
PERLA, ROLL CALL?>> IT IS NOW 9:18 AND RETURNED TO OPEN SESSION.
[1. Roll Call - Announcement of a Quorum Roll Call ]
CAN YOU CONFIRM A QUORUM IS PRESENT?>> TRUSTEE ZIMMERMAN PRESENT? JUST ACKNOWLEDGE HER WHEN SHE GETS ON.
OTHER THEN THAT, TRUSTEE WILLIAMS NOT PRESENT.
CHANCELLOR, MAY WOULD YOU SAY ANYTHING OR INTRODUCE OUR DISCUSSION TODAY? YOU ARE ON MUTE.
>> JUST BRIEFLY, I KNOW KNOW JOHN WILL GET INTO THIS AS WELL.
COUPLE OF POINTS, YESTERDAY WE SAW A BROAD, SOME DEPTH AS IT RELATES TO MANY OF THE CHANGES AND INVESTMENTS WE ARE MAKING IN THE ACADEMIC AND INSTRUCTIONAL
[2. Certification of Notice Posted for the Meeting ]
AREAS, WHAT WE ARE DOING TO SUPPORT STUDENTS.AND STUDENTS SUCCESS MODEL HOW WE ARE ENGAGING EMPLOYERS AND STUDENTS IN THE WORK FORCE.
THAT IMPORTANT WORK AND YOU KNOW, NOT SAID WAS THE INVESTMENTS MAKING AND TECHNOLOGY INFRASTRUCTURE AT THIS POINT.
WHERE IT REALLY IS A REDESIGN REINVENTION OF DALLAS COLLAGE: ALL OF THOSE ULTIMATELY IF WE ARE TO GET TO WHERE WE NEED TO BE WILL NEED TO BE REFLECTIVE IN OUR BUDGET.
THAT WE HAVE DONE IN THE PAST.
THAT IS THE TODAY DEALING WITH PERSONNEL ISSUES, TALK ABOUT WORK DAY, THEN THE BUDGET PLAN, BUT JOHN, LET ME TURN TO YOU AND KIND OF TIE THIS TOGETHER.
DR. MAY SAID, WE ARE MAKING STRATEGIC INVESTMENTS IN THE FUTURE BY REINVESTING IN STUDENTS, EMPLOYERS AND THE COMMUNITY.
TO A GOOD DEGREE THIS IS NOT NEW.
STARTED WITH COLLEGE HIGH SCHOOLS NOW AT 84.
[9. Executive Session ]
LARGEST COLLEGE IN THE NATION.WE ALSO INVESTED IN OUR STUDENTS -- SHOWED THE PATH THAT THEY HAVE FOR ACADEMIC AND THE OUTREACH TO OUR STUDENTS THAT IS STIL IMPORTANT FOR COMPLETIONS AND SUCCESSFUL STUDENTS.
OF COURSE DR. WILKINS AND OUR PRESIDENTS TALKED ABOUT HOW THEY ARE INTERACTING
[4. Welcome ]
WITH THE COMMUNITY TO BE THE FACE OF THEIR CAMPUS AND DALLAS COLLEGE THAT IS[00:05:24]
SUCH AN IMPORTANT PART OF THE ROLE WE HAVE GOT TO PLA WE ARE ON THE RIGHT PATH TO BEING ABLE TO PUT OUR DOLLARS WHERE THEY ARE GOING TO MAKE THE BIGGEST IMPACTS IN THE FUTURE BRIEFLY ON THE SCHEDULE FOR THE AND ON WITH THAT, TISKA THOMAS WILL TALK ABOUT OUR STRATEGIC BUDGET AND WHAT WE ARE TRYING TO DO.SHERRI ENRIGHT, WE CAN START WITH YOU.
>> GOOD MORNING, TRUSTEES, HOW ARE YOU ALL THIS MORNING? SO I WANTED TO SPEND.
[5. Transition and Personnel Update ]
RECAPPING ON THE OPERATIONAL AND THE HUMAN CAPITAL SIDE OF OUR UPDATE.AS YOU HEARD YESTERDAY, ALL OF THE THINGS THAT DR. BOYD, DR. JOSEPH, DR. WILKINS, PRESIDENTS ARE DOING ARE ALL BEING DONE WITH THE FOCUS ON IMPROVING DELIVERY OF SERVICES.
WHAT DOES THAT MEAN FROM OPERATIONAL OR BEHIND THE SCENES STANDPOINT? WE ARE PUTTING A SIGNIFICANT INCREASE BEHIND CORE CAPABILITIES.
[00:10:03]
YOU HEARD ABOUT SUCCESS COACHES YESTERDAY, E LEARNING EFFORTS.WE TALKED ABOUT A LOT ABOUT WHAT IT MEANS TO BE SEVEN DIFFERENT COLLEGES.
NOW AS DALLAS COLLEGE, ONE COLLEGE WITH SEVEN CAMPUSES, WHAT DOES THAT LOOK LIKE? WHERE ARE WE ABLE TO REDUCE THOSE REDUNDANCIES? FIVE OR MORE, SO WE ARE INSURING THOSE TEAMS HAVE BETTER COORDINATION, CLEAR LINES OF DUTIES AND TASKS, BIG COMMITMENT OBVIOUSLY FOCUSSING ON DIVERSITY, EQUITY AND INCLUSION.
WE HAVE MADE SIGNIFICANT STRIDES IN THAT AREA.
EXCUSE ME, WAS THERE A QUESTION?
>> I DIDN'T MAKE THAT NOISE BUT I DO HAVE A QUESTION.
AGAIN WHAT DOES SOC STAND FOR?
THAT IS BASICALLY HOW MANY DIRECT REPORTS ANY MANAGER HAS >> THANK YOU.
AS WE HAVE BEEN DISCUSSING ALL ALONG THROUGHOUT THESE SESSIONS, END GOAL IS OBVIOUSLY BETTER SUPPORTING OUR STUDENTS.
HOW ARE WE DOING THAT? TAKING STUDENT CENTRIC APPROACH.
WE ARE PROVIDING ADDITIONAL RESOURCES.
WHAT DOES THAT LOOK LIKE? NEXT SLIDE PLEASE.
>> BACK TO THE BRIEF YOUS PREVIOUS SLIDE.
CURRENTLY WHAT IS THE NUMBER OF FULL-TIME FACULTY AND ADJUNCT FACULTY.
HOW MANY FULL TIME FACULTY BEFORE STUDENTS?
>> I WOULD HAVE TO GET YOU THE EXACT NUMBER OF FACULTY WE ARE AROUND THE 800 MARK.
WE CAME UP WITH A STANDARD OF APPROXIMATELY 350 STUDENTS TO SUCCESS COACH OR ADVISER.
HAVE WE COME UP WITH A STANDARD WHAT IS A PREFERENCE? THAT IS A LITTLE BIT LESS STRAIGHTFORWARD, TRUSTEE FLORES.
VARIES DEPENDING ON THE SIZE OF THE PROGRAM NUMBER OF STUDENTS IN THE PROGRAM.
ALL PROGRAMS HAVE TO HAVE A FULL-TIME FACULTY.
ALSO DETERMINED ABOUT THE ABILITY AND QUALIFICATIONS OF FACULTY.
WE DON'T NEED FULL TIME FACULTY OF ALL ASPECTS.
THAT ARE OUT THERE, BUT OTHER AREAS IN DEGREES LESS LIKELY, LITTLE MORE CHALLENGING.
BUT WE ARE LOOKING AS WE, AS GREG MORRIS TALKED ABOUT YESTERDAY SHUTTING DOWN PROGRAMS IMPACTS NEED FOR FACULTY IN AREAS.
WE CAN TALK ABOUT HOW OUR STRUCTURE MADE THAT SOME WHAT DIFFICULT BECAUSE OF THE WAY OUR CONTRACTS ARE PUT TOGETHER OF CHANGING OUT FOLKS THAT NO LONGER
[00:15:01]
ARE RELEVANT TO THE FIELD AND HIRING NEW PEOPLE WITH THE KNOWLEDGE, SKILLS AND ABILITY THAT EXIST TODAY.JUST TO BE MORE SPECIFIC HERE.
WE ARE TALKING ABOUT DESK TOP SUPPORT AND OTHER NEEDS THERE AS IT RELATES TO CONNECTIVITY AND OTHER ISSUES THAT IS ANOTHER SET OF SKILLS.
>> LET'S SAY FOR EXAMPLE MY LIMITED KNOWLEDGE AND EXPERTISE IN THIS AREA.
IF WE WERE TO SAY DALLAS COLLEGE WANTS TO HAVE APPROXIMATELY 100,000 FULL TIME FACULTY REGARDLESS.
IS THAT AN UNREALISTIC GOAL BASED ON THE PROGRAM, ETC.? >> NOT AT ALL.
THAT KIND OF APPROACH IS NOT UNCOMMON WHERE YOU KNOW WHAT YOUR BUDGET IS.
YOU CAN HAVE A DOLLAR RATIO OVERALL.
YOU'LL FIND MANY INSTITUTIONS THAT LAY OUT A BUDGET.
ALSO NOT UNCOMMON TO HAVE VERY, VERY SPECIFIC PERSONNEL REQUIRED.
FOR EXAMPLE, WHEN I WAS IN THE STATE BEFORE I CAME HERE, THAT STATED NUMBER OF POSITIONS BY LAW.
EACH YEAR THE STATE UPDATED THAT WE COULD HAVE.
DIDN'T MATTER YOUR BUDGET YOU WERE CAPPED ON EMPLOYEES BY CATEGORY.
IT IS NOT UNCOMMON TO HAVE BUDGET PARAMETERS THAT ARE OUT THERE.
WHAT MAY NOT BE STRAIGHTFORWARD IS THE EXACT NUMBER WITHIN THERE.
THIS YEAR TOO LATE, CHAIR BRAVO AND COLLEAGUES, POSSIBLY NEXT YEAR TIS AS WE ARE GETTING READY TO START HAVING BUDGET MEETING HAVE A WORK SESSION ON BENCHMARKS, WHAT DOES THE RESEARCH SAY ABOUT HAVING A FULL-TIME FACULTY VERSES ADJUNCT.
SHOULD WE CONSIDER HAVING A GOAL THAT WE WORK TOWARDS IN TERMS OF FULL-TIME FACULTY OR IS THAT SOMETHING WE DON'T NEED TO CONCERN OURSELVES WITH WHAT WE ARE GETTING NOW IS GOOD.
JUST YOU KNOW, TO KIND OF EXPLORE THE ISSUE.
ON TOP OF THAT, SORRY TRUSTEE RITTER, DO YOU WANT TO SAY SOMETHING?
THEN I HAVE SOMETHING ELSE ON THAT.
SO I SAW THE NEWS CLIP ON THE MOUNTAIN VIEW SITUATION WHICH WAS VERY TROUBLESOME TO ME.
AND IT RAISED SEVERAL POLICY ISSUES FOR ME.
I WOULD ASK THAT WE LOOK AT THE THREE-YEAR ROLLING CONTRACT FOR FACULTY.
I THINK THAT MIGHT BE AN OUTDATED MODE NOW THAT WE ARE IN THIS MAJOR REORGANIZATION AND TRANSITION.
IS THAT SOMETHING THAT BEST SERVES DALLAS COLLEGE AS STUDENTS AND OUR MISSION? IF WE COULD PLEASE LOOK AT THAT POLICY AND ANY OTHER RELATED POLICY DO WE NEED TO CONSIDER TO CHANGE THAT.
>> WE CAN TALK LATER PERHAPS ON THAT, BUT WITH ANALYSIS IN TERMS OF THAT.
OBVIOUSLY, I APPRECIATE THE QUESTION ON THAT AS WAS RAISED BY THAT PARTICULAR
[00:20:02]
INCIDENT, OBVIOUSLY THE ISSUE AS OUTLINED SHOULD RAISE CONCERNS.IT DOESN'T FOR ME IN TERMS OF THE ABILITY OF OUR INDIVIDUALS TO ENGAGE WITH STUDENTS, THE TYPE OF SUPPORT THEY ARE PROVIDING STUDENTS.
EVERYTHING WE DO SO FROM THAT POINT OF VIEW, WE HAVE TO RAISE THE QUESTION WHEN CERTAINLY WE DON'T WANT INDIVIDUALS BEHAVING LIKE THAT WAS PORTRAYED IN THAT ARTICLE IN OUR CLASSROOMS. WE DON'T WANT THEM AS PART OF THE TEAM HERE AT DALLAS COLLEGE.
I GET MORE POSITIVE FEEDBACK RELATED TO THE FACULTY AND QUALITY OF INSTRUCTION THAN ANYTHING ELSE I HEAR ABOUT FROM THE COMMUNITY.
I SHARE TRUSTEE FLORES CONCERN WITH THAT NEWS STORY FOR SURE.
I ALSO RECOGNIZE IT IS NOT REFLECTIVE OF OVERWHELMING MAJORITY OF OUR FACULTY.
JOE, EXPAND ON THE ROLE OF FACULTY IN DALLAS COLLEGE.
WE ARE DOING ALL THIS TO MOVE TOWARDS A STUDENT-CENTRIC MODEL.
TO MEET THEM AND DON'T TAKE UNNECESSARY CLASSES AND MAKE SURE THEY ARE PROGRESSING.
THERE IS A LOT OF CHANGE IN HOW FACULTY ARE MANAGED AND DIRECTED AT DALLAS COLLEGE, TOO.
ANY OBSERVATIONS ON THAT? CURIOUS AS TO YOUR THOUGHTS.
DESCRIBE POLICY CHANGES WE NEED TO LOOK AT GOING FORWARD.
THAT IS REALLY WHERE THE RUBBER MEETS THE ROAD.
THAT IS HOW WE ENGAGE INDIVIDUALS, HOW WE ENGAGE EMPLOYERS AND MEET THE NEEDS OF THE COMMUNITY.
WHEN DALLAS COUNTY COMMUNITY COLLEGE DISTRICT CREATED.
CREATED FOR THE SOLE PURPOSE OF SOLVING PROBLEMS FACED BY INDIVIDUALS, EMPLOYERS AND OUR COMMUNITY.
TO DO THAT, MAIN WAY WE MEET THOSE NEEDS.
ROLE OF FACULTY REALLY ENCOMPASSES A LOT MORE THAN JUST SHOWING UP FOR A CLASS AND TEACHING THAT CLASS.
IT INVOLVES ESTABLISHING A RELATIONSHIP WITHIN THAT CLASS WITH THESE STUDENTS UNDERSTANDING THEM, THEIR GOALS, THEIR ASPIRATIONS, MEANS APPROPRIATE PREPARATIONS WHICH MEANS THAT THEY MUST STAY CURRENT IN TERMS OF WHAT IS GOING ON IN THEIR FIELD.
WHAT IS GOING ON IN THE WORK FORCE.
WHAT ARE EMPLOYERS LOOKING FOR, HOW ARE THEY ENGAGING WITH THOSE INDIVIDUALS.
THEM BEING AVAILABLE TO SUPPORT STUDENTS TO NURTURE, TO COACH.
TO HELP GUIDE THEM AS THEY NAVIGATE THE PROGRAM.
THAT IS WHY WE REQUIRE OFFICE HOURS.
ALSO WE PROVIDE AN OPPORTUNITY FOR FACULTY TO ENGAGE IN CLUBS AND ORGANIZATIONS AND SUPPORT NETWORKS THAT HAVE BEEN PUT TOGETHER TO SUPPORT
[00:25:06]
STUDENTS TO HELP THEM BE SUCCESSFUL AND FACULTIES SERVE AS ADVISERS.THAT IS AN EXPECTATION THEY DO SO WITHIN THOSE ROLES.
GOING BEYOND THAT, AND MOST AREAS IN WHICH WE OFFER PROGRAMS, WE HAVE SUCCESS COACHES, WE CAN HAVE PATHWAY ADVISERS.
ULTIMATELY IT IS THE FACULTY THAT RETAIN THE KNOWLEDGE BASE FOR THOSE FIELDS OF STUDY.
THEY ARE THE ONES THAT HAVE TO BE THE MOST KNOWLEDGEABLE OF THE SKILLS AND EXPECTATION OF THE EMPLOYERS AND SALARIES BEING PAID.
HOW FOLKS ARE BEING PREPARED FOR THOSE POSITIONS.
I SAY THAT IN '65, WE DIDN'T REALLY THINK IN THE WAYS WE NEED TODAY.
AND IT IS POSSIBLE WE HAVE INDIVIDUALS HIRED FOR A DIFFERENT PURPOSE THAT MEET THOSE NEEDS.
THAT IS WHY WE ENGAGE AND MAKE NEW APOLOGIZE, MORE THAN YOU ARE ASKING FOR.
I WOULDN'T BE SURE THAT WE UNDERSTAND.
I AM NOT GOING TO SAY IN THE CLASSROOM, IT IS MORE THEN THAT, IT IS THE RIGHT PEOPLE ENGAGING WITH OUR STUDENTS.
ONE OF THE COMMENTS I WOULD LIKE TO MAKE AS A NEW PERSON JOINING THE BOARD AND OBSERVATIONS.
I FEEL LIKE I AM COMING ON BOARD, WE ARE REALLY POISED TO CHANGE THE TOTAL FOOTPRINT.
BECAUSE OF THAT, IT REALLY DOESN'T NECESSARILY.
[00:30:26]
THAT MEANS POLICIES NEED TO BE REVIEWED AND DIFFERENT SO -- THE OPPORTUNITY TO LOOK AT THE FINANCIALS AS WE GO FORWARD ON A QUARTERLY BASIS.WE DON'T HAVE THE ANSWERS WE ARE STILL A WORK IN PROCESS OF MAKING THIS TRANSITION.
THEN THE QUESTION OF LOOKING AT THE -- WE AT WHAT WE ARE DOING RIGHT FOR TODAY'S
NEEDS AS YOU SAID THERE IS PROBABLY TEST >> MY SENATOR WAS QUITE EXCEPTIONAL IN BASICALLY SAYING WHEN THE POT IS NOT AS BIG AS IT HAD BEEN, THEN ALL OF A SUDDEN, YOU HAVE LESS PIECES TO CUT IT INTO OR SMALLER PIECES TO KEEP THE SAME PIECES.
SO, YEAH, THE STATE IS NOT IN THE SAME CONDITION BUT, THEN AGAIN, WHEN I FIRST STARTED COMING TO THE BOARD MEETINGS, BEFORE I WAS A MEMBER OF THE BOARD, IT TURNED OUT THAT IN A GIVEN YEAR, IT WAS 83 PERCENT CAME FINANCING, CAME FROM THE STATE AND I THINK THE LAST FIGURE THAT I SAW WAS DOWN TO 23 PERCENT.
NOW AT THIS POINT, IF THAT'S ACTUALLY HOW IT'S DROPPING, PERHAPS, PERHAPS WE'RE FOOLISH THINKING THAT THE STATE IS EVER GOING TO GET TO 83 PERCENT AGAIN.
MAYBE WE NEED TO START KIND OF LOOKING AT IT WITH THE QUESTIONING EYE, INSTEAD OF MAKING IT PART OF THE PLAN.
>> THE TWO OTHER POTS ARE TUITION AND TAXES.
>> TRUSTEES, I APPRECIATE YOUR COMMENTS BUT I THINK THE STATE APPROPRIATIONS WILL ALWAYS BE PART OF IT, EXCEPT IT WON'T BE THE LARGER PART LIKE IT WAS IN FORMER YEARS.
>> AND I BELIEVE MR. ROBERTSON MADE THE COMMENT THAT IT WOULD BE PERHAPS UNSTABLE FOR US TO PLAN ON ANYTHING THAT WOULD BE CONSIDERED UNSTABLE.
THAT TO ME SEEMS WE MAY WANT TO MAYBE LOOK INTO A LITTLE LESS SPENDING OR A BIGGER
[00:35:43]
CASH BALANCE, RAINY-DAY FUND, KIND OF A THING.BECAUSE WE KNOW THE DAY IS COMING THAT IT'S COMPLETELY UNSTABLE AND WITHOUT THE CARE'S ACT, I DON'T KNOW WHERE WE WOULD HAVE BEEN.
AGAIN, IT'S JUST ONE OF THOSE THINGS TUITION AND TAXES, WE ALREADY KNOW, WHEN WE RAISE TUITION, WE DON'T GET THE STUDENTS.
SO, YEAH, WE'RE KIND OF, I KNOW WE'RE STUCK BETWEEN A ROCK AND A HARD PLACE.
ANYTHING THAT COULD BE DONE TOÂ -- I APPRECIATE THE CUT IN SALARIES, BECAUSE OUR PEOPLE ARE HIGHEST EXPENSE.
BUT, YEAH, WE CAN'T EXPECTÂ -- WE KNOW THIS IS BEEN COMING FOR YEARS.
[00:40:12]
SO TO BE SURPRISED NOW, I WOULD HOPE IT WOULDN'T BE A SURPRISE.>> WELL, AGAIN, THE REASON WE KEEP HAVING A REDUCTION IN STATE FUNDING, THE LEGISLATURE KNOWS, WE HAVE THE TWO OTHER SOURCES OF REVENUE, WHICH ARE TUITION AND TAXES.
SO INSTEAD OF THEM MAKING DECISIONS TO RAISE TAXES, PUT IT ON THE LOCAL BODIES AND WE DON'T WANT TO BE IN A POSITION TO RAISE TUITION OR TAXES BUT WE HAVE THESE INCREASING NEEDS OR WE HAVE 60X30, WHICH THEY DON'T FUND BUT WE'RE EXPECTED TO MAKE SURE THE STATE OF TEXAS STAYS ECONOMICALLY VIABLE BY HAVING MORE OF ITS RESIDENTS EDUCATED BUT IT'S AN UNFUNDED.
I DON'T THINK IT'S A MANDATE, BUT IT'S AN UNFUNDED GOAL BY THE STATE OF TEXAS, PUSHING IT ON US, THE LOCAL POLICYMAKERS TO WORK IT OUT.
[00:45:29]
>> MY WHOLE POINT IS THAT THE POT MAY HAVE BEEN LESS MONEY TO DIVIDE.
IF YOU LOOK AT THE MONEY THAT THEY ARE INVESTING AND INCENTIVIZING COMPANIES TO MOVE TO TEXAS, YOU LOOK AT SOME OF THE FUNDS THEY USE TO EXPEND MONEY TO PROP UP
[00:50:36]
COMPANIES TO HELP THEM.WHAT WE HAVE A JOB OF DOING, WE'RE SHOWING THEM, WE ARE THE BETTER ONE.
IF WE'RE HAVING MORE STUDENTS TRAINED TO SUPPORT THE NEW BUSINESSES, THERE'S A DIFFERENT WAY TO ATTRACT THE COMPANY TO COME TO TEXAS THAN TO GIVE THEM
[00:55:43]
CARD DOLLARS.THAT'S OUR JOB, IS TO SHOW THEM, THE MONEY THEY ARE SPENDING IN ONE FUND AT THE STATE LEVEL, WE WOULD BE A BETTER DOLLAR PER DOLLAR SPEND TO PUT IT IN THE COMMUNITY COLLEGE, BECAUSE THAT'S WHERE THE WORKFORCE IS DEVELOPED, WHICH IS WHY
[6. ERP: Workday Update ]
COMPANIES ISÂ -- ONE OF THE REASONS THAT THEY MOVE.I'M NOT TALKING ABOUT THE SOCIALIZING WITH THE LEGISLATURE.
I'M TALKING ABOUT HELPING THEM UNDERSTAND HOW WE ARE A BETTER SPENT ON THE DOLLAR, THAN WHERE THEY ARE SPENDING IT SOMEWHERE ELSE.
AND EVEN WHEN THERE'S A CUT, I THINK WE HAVE AN OPPORTUNITY.
[01:00:03]
I THINK WE HAVE A SERMON TO PREACH.>> WELL, THE COMPANIES IS COMING TO TEXAS, THEY DON'T NEED OUR STUDENTS, THANK YOU.
>> WE WENT TO THE NEXT SLIDE, PLEASE.
SO LET'S TALK ABOUT OUR DEBT SERVICE FOR A SECOND.
WE TALKED ABOUT THE SECOND PORTION OF OUR TAX RATE, BEING OUR TAX SERVICE RATE.
IT'S AT TWO CENTS OF $100 PER EVALUATION.
THE STATE ALLOWS US TO GO TO 50 CENTS.
WE'RE ABLE TO PROVIDE THE INFRASTRUCTURE WE'RE PROVIDING FOR OUR STUDENTS
[01:12:25]
IN DALLAS COUNTY.[01:12:27]
THE INTEREST HERE IN THE SLIDE IS THAT OUR INTEREST RIGHT NOW, AT 16.2 MILLION FOR THE AMOUNT OF DEBT WE HAVE OUTSTANDING, IS A DIRECT RESULT OF OUR CREDIT RATING.YOU KNOW, JUST AS WHEN YOU PURCHASE A CAR OR A HOUSE, YOU KNOW THE BETTER YOUR CREDIT, THE LOWER YOUR COST TO CAPITAL IS.
FOR US, THIS IS A SIGNIFICANT THING.
[7. Dallas College Budget Plan 2021-2022 ]
WE'VE HAD TAXPAYER SAVINGS OVER THE COURSE OF THE BOND ISSUANCE OF 57.3 MILLION.THAT SAVINGS IS, IS A RESULT OF THE FISCAL STEWARDSHIP AND THEY RECOGNIZE THE MECHANISMS SUCH AS, IN ORDER TO REALIZE THE SAVINGS.
ISSUING THE BOND PACKAGE WE'RE ANTICIPATING, YOU KNOW, WHEN EVERYTHING SETTLES OF $1.1 BILLION.
WE'RE DOING THAT IN EFFECT OF NOT INCREASING THE TAX RATE SO OUR CAPACITY IS SUCH THAT WE ARE GOING TO BE ABLE TO DO THAT AND STILL MAINTAIN THE TAX RATE, THAT CURRENT TAX RATE WITH THE TAXPAYERS.
SO WE HAVE TWO SLIDES COMING UP, NEXT SLIDES, 11 AND 12.
THIS IS THE WHAT, SALARIES, PURCHASE SERVICES, OPERATING SUPPLIES.
THIS IS THE WHAT WE'RE SPENDING OUR MONEY.
BY NATURE OF WHAT WE DO, SALARIES AND BENEFITS, JUST AS ANY OTHER INSTITUTE, HIGHER INSTITUTION, ALWAYS BE THE LION SHARE OF OUR PIE.
>> WHAT IN THE PREVIOUS SLIDE WHAT WAS TRANSFERS?
[01:15:13]
WHAT WAS THAT?>> TRANSFERS MAY BEÂ -- IT ENCOMPASSES THINGS LIKE GRANT MATCHES.
WE GET GRANTS AND WE HAVE TO DO MATCHING FOR THAT.
IT COULD BE THOSE TYPES OF TRANSFERS.
THROUGHOUT THE ORGANIZATION, WHO GETS THE MONEY.
[01:22:37]
YOU KNOW, THEY ARE ALWAYS GOING TO BE LARGE.STUDENTS ARE GETTING A LARGE POT.
AND THE INSTITUTIONAL BEFORE, THAT'S A BUDGETARY NUMBER.
[01:36:20]
I WANT TO CAUTION EVERYBODY.[01:36:22]
THAT'S A BUDGETARY NUMBER.[01:36:24]
HISTORICAL SUPPORT WAS SPREAD OUT WHEN WE ALLOCATED MONEY.THOSE THINGS WERE SPREAD OUT IN THE ALLOCATION IN THE COLLEGES.
NOW THAT THEY ARE CENTRALIZED SERVICES, THEY FALL UNDER CODING THAT MAKES THEM INSTITUTIONAL SUPPORT.
[01:40:21]
WHEN WE DO THE FINANCIALS, WE ATTRIBUTE THE PROPER PERCENTAGE OF THE OTHER AREAS OF ORGANIZATION.>> PUBLIC SERVICE IS THE AREAS THAT ARE NOT INSTRUCTION.
IF WE HAD A GED PROGRAM OR SOME OTHER PART OF PROGRAM, THAT WAS A NONCREDIT BASE THAT WAS FOR INFORMATIONAL SERVICES FOR THE COMMUNITY.
>> THIS SLIDE, AND THE PRIOR ONE, THE RELATIVE PERCENTAGES OF EACH AREA OF SPENT OR NOT, CHANGING MUCH, AS WE MOVE TO THE NEXT COLLEGE MODEL.
[01:45:17]
IS THAT A FAIR STATEMENT?>> WHICH ONE CHANGES THE MOST, IF ANY?
>> THE INSTITUTIONAL SUPPORT IS THE ONE THAT WOULD CHANGE THE MOST.
THAT'S WHY I MADE SURE I MADE THE DISCLAIMER AS TO WHY THE PERCENTAGE WILL BE DIFFERENT FROM PREVIOUS YEARS.
OKAY, AS WE STAND, AS OF 11:47 A.M., ON JUNE 23RD, THIS IS WHAT OUR PROPOSED BUDGET REQUESTS AND SPENT MODEL LOOKS LIKE AT THIS TIME.
[01:50:30]
TRUSTY FLORES, YOU ASKED ABOUT SAVINGS AND EFFICIENCIES AND REINVESTMENTS.THE TOP LINE, THE 451 MILLION.
LAST YEAR, WE HAD AN ALL-END BUDGET, PROPOSED AT 469 MILLION.
SO AS YOU COULD SEE, THE 451 COMPRISES $12 MILLION OF ERP COST THAT WE DIDN'T
[01:55:26]
HAVE IN LAST YEAR'S BUDGET.WE'RE SETTING UP A NEW DATA CENTER AT 4Â 1/2 MILLION.
THERE'S SOME EFFICIENCIES WE HAVE REALIZED AND WE ARE ABLE TO REINVEST THE FUNDS IN THOSE AREAS AND NOT TO PULL FROM CASH RESERVES AT THIS JUNCTURE.
[02:01:01]
THIS IS STRICTLY OUR OPERATING BUDGET.WE HAVE A COMPENSATION PROVISION IN HERE OR PROPOSAL FOR AVERAGING 3 PERCENT ACROSS THE BOARD.
IT IS ALSO AN INCREASE FOR AJUNCT, TO ADJUST THE CONTRACT HOUR.
AND KEEPING WITH OUR COMMITMENT FOR FACILITIES, $25 MILLION WILL GO INTO FACILITY ENHANCEMENT.
AND ALSO, THE ACADEMIC SUPPORT GROUP, DR. MAY, THEY TALKED ABOUT VIRTUAL COLLEGE.
WE WANT TO INVEST MONEY TO OUR VIRTUAL COLLEGE.
THE $5 MILLION FOR THE INSTRUCTIONAL EQUIPMENT REFRESH, MAKING SURE, NO MATTER WHERE YOUR PROGRAM IS, OUR STUDENTS HAVE ACCESS TO THE SAME TYPE OF EQUIPMENT, NO MATTER WHERE THEY ARE.
THE EQUIPMENT SHOULD ALWAYS BE THE SAME FUNCTIONALITY.
NOT SAYING, WE ONLY WANT TO GO TO NORTH LAKE, BECAUSE THEIR EQUIPMENT IS BETTER AS OPPOSED TO GOING TO MOUNTAIN VIEW.
WE WANT TO MAKE SURE THE EQUIPMENT STAYS THE SAME.
THAT BEING THE PROVISION THERE, AS WE TALK ABOUT THE STRATEGIC FUNDING MODEL.
[02:05:09]
THOSE ARE THINGS, FOR THINGS THAT ARE NOT INCLUDED IN THE SCHEDULE REPLACEMENTSTHE BOARD APPROVES A BUDGET IN AUGUST.
BUT WE HAVE TO START PLANNING FOR.
WE'RE PROPOSING, THIS IS NOT A NEW AGENDA.
WE'VE DONE SURVEYS ON WHAT OTHERS ARE DOING.
WHILE SOME GIFTS OF 5-10 PERCENT.
WITH THE COST OF LIVING AND THINGS WE'RE SEEING RIGHT NOW, WE'RE PROPOSING THAT 3 PERCENT.
SO I JUST WANT TO TELL YOU, THAT'S THE DIRECTION WE WILL MOVE.
>> I JUST WANT TO ADD TO THAT, TOO.
LAST YEAR, WE GAVE A SIMILAR INCREASE.
WHILE MANY ORGANIZATION, DEADENED BECAUSE OF CONCERNS OVER THE BUDGET ISSUES THAT NEVER REALIZED.
WE DIDN'T THINK THEY WOULD, WHILE IT'S OUT THERE.
SOME OTHERS MAY BE A LITTLE HIGHER.
I THINK BECAUSE THEY ARE PLAYING A LITTLE BIT OF CATCH UP TOO AND THEY STILL
[02:13:05]
WON'T BE >> AND THIS IS REWARDING THE EMPLOYEES, WHO SPENT THE LAST YEAR,
[02:16:18]
WORKING DOUBLE TRIPLE DUTY, FROM ESSENTIAL WORKERS TO, THE CHANGES WE'RE DOING AND VIDEO CONFERENCING THIS IS A WAY TO SHOW THE APPRECIATION, ESPECIALLY OUR FACULTY, WHO HAD TO CHANGE OVER TO NEW LEARNIN METHODS.EVERYBODY HAS DONE AN EXCELLENT JOB.
[02:20:06]
>> THAT'S GIVEN OUR ECONOMIC LANDSCAPE, EXTERNAL AND INTERNAL.
>> NOW I WANT TO TURN IT OVER TO SCOTT, SO HE COULD WALK YOU THROUGH THE FIE PROGRAM FOR THE COMING YEAR.
>> >> IT GOT STOOD UP FOR THE FIRST TIME ABOUT THE TIME I GOT HERE, ABOUT 2019 AND THIS COMING FY WILL BE KIND OF THE THIRD YEAR IT'S BEEN IN PLACE.
IT CONTINUES TO GROW AND MORPHINNED INTO A USABLE.
AND AS ANYTHING TO DOED WITH COMMUNITIES, MAINTENANCE THAT'S PURPOSELY DELAYED BECAUSE OF FUNDING, ET CETERA, I THINK $25 MILLION IS A HEALTHY BUDGET FOR IT.
I THINK YOU WILL SEE MUCH LESS OF AN ORGANIZATION OUR SIZE.
I THINK IT'S GOOD TO KEEP OUR BUILDINGS OPERATING PROPERLY.
WITHIN THE $25 MILLION, I WOULD ESTIMATE, THERE'S BETWEEN 20 AND UPWARDS OF 20-40 PROJECTS WE IDENTIFY.
THEY USUALLY ALL FALL IN THE CATEGORIES.
THE EQUIPMENT REPLACEMENT, IS MAJOR EQUIPMENT REPLACEMENT.
ITEMS SUCH AS CHILLERS, BOILERS, ROOFS, AIR HANDLERS, LARGER AIR HANDLERS, THINGS OF THAT SORT, USUALLY FALL IN THE CATEGORY.
RENOVATIONS, I THINK WILL BE INTERESTING NEXT YEAR, AS WE LOOK INTO DEFINED SPACES FOR NEW, YOU KNOW, SCHOOLS OF AND NEW DEPARTMENTS AND THINGS OF THAT SORT.
SO THERE'S USUALLY SEVERAL PROJECTS, HAVING TO DO WITH RENOVATIONS IN A GIVEN YEAR.
THAT'S WHERE WE DO FIRE ALARMS, ELEVATORS, MAKING SURE THOSE ARE BOTH OPERATIONAL AND SUSTAINABLE.
AND THEN THIS YEAR, THE CURRENT YEAR, AND THEN ALSO LOOKING INTO THE NEXT FY, WE CONTINUE TO REBRAND FORMERLY THE DISTRICT INTO THE NEW COLLEGE BRANDING SCHEME.
I'VE BEEN WORKING CLOSELY WITH MARKETING AND THAT TEAM TO CONTINUE TO REBRAND.
WE'RE GETTING CLOSE TO DOING ALL OF THE EXTERNAL MARQUISE AND MONUMENT SIGNS AND THINGS OF THAT SORT.
WE ALSO SET ASIDE SOME MONEY IN NEXT YEAR'S FRP FOR THAT AS WELL.
>> AND I COULDN'T GET TO UNMUTE QUICK ENOUGH.
AND JOHN, IS THIS THE FIRST YEAR WE'VE DONE THE $25 MILLION OR DID WE START THAT LAST YEAR? I KNOW IT USED TO BE $25 MILLION.
>> IT WAS PROBABLY 2012, WHEN WE FIRST WENT INTO THAT.
THIS PARTICULAR, WHAT WE CALL THE FACILITY IMPROVEMENT PLAN STARTEDÂ -- THIS WILL BE THE THIRD DELYNNATION.
WE'VE BEEN DOING $25 MILLION A YEAR.
HOWEVER, IT'S WORKED SO WELL, WE DON'T HAVE LEAKY ROOFS.
WE'RE REPLACING AIDES EQUIPMENT.
AND THIS IS A GREAT INVESTMENT ON WHAT SHOULD HAVE BEEN DONE ALL ALONG.
MUCH TO YOUR LEADERSHIP OF MAKING SURE WE GET THERE AND GET THIS DONE.
AND THAT'S WHAT IS GOING TO HAPPEN.
YOU WILL ALSO REMIND YOU AND I WILL SPEAK A LITTLE BIT IN THE CAPITOL BUDGET PRESENTATION, WE ALSO GAVE THIS A BIG SHOT IN THE ARM THIS PAST YEAR, WHEN WE DID $30 MILLION WORTH OF TAX NOTES TO DEDICATE.
I WILL GO OVER THE PLAN ON WHAT WE'RE DOING FOR THAT IN THE CAPITAL BUDGET.
THE GOOD NEWS, IT DOESN'T MATTER WHERE YOU GO.
ANYONE OF THE LOCATIONS, WE'RE TRYING TO MAKE IT SO EVERYBODY HAS THE SAME FACILITIES THEY HAVE AND COULD BE ABLE TO SEE WHETHER IT'S INSTRUCTIONAL, WHETHER IT'S STUDENT SERVICES, WHETHER IT'S LANDSCAPING.
WE WANT THINGSÂ -- WE WANT STUDENTS, FACULTY AND STAFF TO BE PROUD OF WHERE THEY ARE AT.
>> THIS SLIDE DEPICTS OUR BUDGET TREND, WHERE WE WERE IN 2020, TO THE CURRENT PROPOSED BUDGET FOR 2022.
JUST LOOKING AND DOING MODESTLY 3 PERCENT GROWTH FOR THE NEXT TWO YEARS.
THAT GROWTH COULD BE DIRECTLY ATTRIBUTED TO, REMEMBER WE HAVE THE BOND
[02:25:01]
BUILDINGS THAT WILL COME ON LINE.THERE WILL BE OPERATING COSTS WITH THE BUILDING.
TECHNOLOGY, THEY ARE ALWAYS INSTRUMENTAL COSTS WITH TECHNOLOGY.
AND ESPECIALLY NOW, WHERE WE SEE SHORTAGES OF CHIPS AND SERVICES.
WE LOOK AT MARKETPLACE AND COST OF LIVING.
SO I THINK 3 PERCENT IS A MINIMUM NUMBER THAT WE WANT TO KEEP ON THE FOREFRONT.
>> COST OF LIVING, THAT'S ANOTHER WAY OF INFLATION.
IF INFLATION GOES TO 10 PERCENT NEXT YEAR, WHAT ARE WE GOING TO LOOK LIKE?
>> I DON'T THINK THAT ANY OF US, YOU KNOW, ARE GOING TO GET RICH IN HIGHER ED.
SO, YOU KNOW, JUST BASICALLY, IF WE CAN KEEP UP WITH WHAT'S HAPPENING A MONTH OUR PEERS, THAT'S GOING TO BE POSITIVE FOR US.
WE WILL NEVER BE ABLE TO MATCH CORPORATE.
KEEPING UP WHAT'S GOING WITH OUR PEERS.
>> YOU KNOW, ONE OF THE THINGS, FED IS SITTING THERE WITH THE FINGER ON THE TRIGGER.
IT'S WHY WE NEED TO GO ISSUE BONDS NOW AS OPPOSED TO WAITING, BECAUSE I'M CONCERNED ABOUT INTEREST RATES GOING UP.
MY CONCERN QUITE FRANKLY, IS TO PULL THE TRIGGER TOO FAST AND KILL IT.
I'M GLAD WE ARE NOT IN THE JOB.
EVERYBODY FROM THE STOCK MARKET TO CEOS, AND SO ON, HOPEFULLY THE FED DOES A GOOD JOB OF MANAGING INFLATION, RATHER THAN KILLING THE GROWTH WE HOPE WILL COME WITH ALL OF THIS.
>> IF WE GET IN THE CYCLE, ALL OF OUR COSTS, EMPLOYEE COSTS, EVERYTHING WILL GO UP.
WHAT TENDS TO HAPPEN TO THE TAV? WE'RE PLANNING FOR IT TO GO DOWN, THEY WILL RISE IN PARALLEL?
>> WE TEND TO STAY CONSERVATIVE AND IN ALL OUR ESTIMATES ON THAT.
WHEN WE FIRST MEET, MEETS WITH THE CENTRAL APPRAISAL DISTRICT, WHEN THEY COME OUT WITH THEIR PRELIMINARY ESTIMATE IN APRIL, IT'S ALWAYS REAL HIGH.
THEY ARE TELLING US, 13-14 PERCENT.
WE KIND OF THROW IT IN THE FILE 13 TRASH DRAWER.
ESPECIALLY WHEN YOU'RE FORECASTING DEBT SERVICE PAYMENTS AND SO ON, WE STAY VERY MUCH ON THE CONSERVATIVE SIDE.
IT DROPPED WHEN WE SAW 2018, FOR A SHORT TWO-YEAR PERIOD.
FOUR YEARS LATER, IT WAS HIGHER THAN IT WAS, BEFORE 2008.
IT IS PRETTY STABLE AND DR. MAY TALKS ABOUT THIS A LOT.
THE NEW MODEL OF THE THREE LEGS OF THE STOOL, TAXES PLAYS A VERY IMPORTANT ROLE ON THAT.
AND IT'S MORE STABLE THAN ANYTHING ELSE WE CAN DEAL WITH.
WHO KNOWS WHAT THE LEGISLATURE DOES IN AUSTIN.
LOCALLY, AND WE GIVE BACK SO MUCH TO OUR TAXPAYERS.
THAT'S WHAT WE HAVE TO MAKE THEM UNDERSTAND, THE DISCOUNTED TUITION AND EARLY COLLEGE HIGH SCHOOL.
>> YOU SAY THEÂ -- AND WE HAVE NEVER HAD AN INFLATIONARY CYCLE.
WHAT HAPPENS TO THE TAB IN THE SITUATION.
>> AND ONE OF THE THINGS IS HOUSING.
AND WHEN HOUSING COSTS STARTS GOING UP, THAT MEANS, TAB GOES UP.
IT FALLS IN THE NOTIFICATION NUMBERS, UP AND DOWN.
BIG TIME, TO REDUCE THE LOCATION.
YOU LISTEN TO THE ULTIMATE GOAL.
DO THEY HAVE THE WEAPONS NOW, THAT'S THE REAL QUESTION, GIVEN THE PANDEMIC.
YOU HAVE THE SUPPLY CHAIN LOGISTICS ISSUES.
[02:30:15]
FOLKS THAT ARE WARNING TO GET INTO KAZZING EMPLOYERS TO PAY MORE.THERE'S SEVERAL ARTICLES, OF INCREASES WAGES THAT ARE OUT THERE: WITH JOHN AND TRUSTY RITTER.
AND DEFINITELY ALL OF THIS IS INTERRELATED.
WE CAN'T TAKE PASS FORGRANTED EITHER, THE FUTURE WILL LOOK LIKE THE PAST IN SOME OF THE THINGS.
I'VE SEEN THINGS, I HAVE NOT SEEN BEFORE IN THE PAST 14-15 MONTHS.
WHILE YOU LOOK TO THE PAST THE BOOK I STARTED, WAS LIGHTS OUT, THE DEMISE OF GE.
AS LEADERS, YOU CAN'T BE COMPLAISANT WITH WHAT YOU DO.
IF YOU GUYS DON'T WORK, WE'RE GOING TO GO BANKRUPT.
SOMEONE ELSE WILL COME ALONG AND DO THIS.
HERE THEY ARE GROWING, BUT THEY ARE ALREADY LOOKING TO THE FUTURE, BECAUSE WE CAN'T STAY IN WHERE WE ARE AND PERPETUATE THAT.
YOU HAVE TO BE MOVING WITH THE TIMES AND YOU HAVE TO MOVE FORWARD.
I'VE BEEN A GE WATCHER FOR A NUMBER OF YEARS.
I SHOULD HAVE SOLD ALL MY STOCK, WHERE JACK WELCH LIVED.
I STILL BELIEVE IT WILL COME BACK SOME DAY.
IT IS AN INTERESTING BOOK HOW THEIR LEADERSHIP GOT HUNG UP BY HOW BIG AND HOW POWERFUL AND HOW GREAT THEY WERE AND NOT SOUL-SEARCHING ALL THE TIME, SAYING HOW I COULD DO THINGS BETTER.
>> WE HAVE THE PAST TWO YEARS, FOR FY20 AND FY-21, IT'S A CONSCIOUS DIRECTION, TO TELL US, TO UTILIZE CASH RESERVES.
THAT'S WHY YOU WILL SEE, THE SWITCH, WHERE WE HAVE EXPENSES THAT WERE ABOVE THE REVENUE THAT WE HAD.
OUR CERTIFIED NUMBER WILL BE IN JULY.
WE'LL HAVE THE NUMBER, TO DISCUSS AND FINALIZE OUR PROJECTED TAX REVENUE.
WE WILL HAVE BETTER FALLEN ROLLMENT NUMBERS AND TRUSTY AND ITS FAVOR, THE BUDGET BOOK.
THAT WILL GO OUT TO YOU THE SECOND WEEK OF JULY.
>> HOW ARE YOU GUYS THINKING ABOUT THE CASH RESERVE BUDGET IN THE UPCOMING?
>> WE WILL LOOK AT THAT IN AUGUST.
WE WILL STILL KEEP WITH THE POLICY MANDATE OF THE TWO MONTHS OF RESERVE.
WE'RE ROUGHLY LOOKING AT 3Â 1/2 MILLION, THAT WE CAN CONTINUE THE FINANCING THAT WE'RE DOING AS WELL, AS MAYBE UTILIZING THE CASH RESERVES FOR FUNDING THE E F-1P UP FRONT.
AND YOU KNOW, SO WE DO ALSO, ONCE WE ISSUE THE BONDS, WE WILL BE ABLE TO PAY OURSELVES BACK FOR THE MONEYS THAT WE SPENT ALREADY AND THAT'S UPWARDS OF 30, 40, 7 MILLION TO THE EFFECT RIGHT NOW.
THAT WILL BE AN INFUSION OF CASH AND TELL YOU HOW TO DIRECT THE DOLLARS.
I KNOW YOU WILL WALK US THROUGH IT IN AUGUST.
[02:35:01]
GIVEN THE STATE, PERMANENT CUTS THAT THE CHANCELER DESCRIBED EARLIER AND THE NONRECURRENCE OF FEDERAL REVENUE, YOU KNOW, IN COMING YEARS, THAT WE LOOK AT PERHAPS BUILDING UP AND SPENDING DOWN.I KNOW YOU FILE THAT VERY CLOSELY.
I THINK WE WILL PROBABLY NEED THAT IN THE FUTURE.
I THINK AS WE LET THE DUST SETTLE AND WAIT FOR THE FINALIZED PLAN FOR ONE COLLEGE AND THEN WE COMPLETE THE PROGRAM REVIEWS THAT WE'RE DOING, WE SHOULD BE ABLE TO REALIZE SOME SAVINGS THERE AND BE ABLE TO REDIRECT THOSE DOLLARS ALSO BEFORE WE START TALKING ABOUT MASSIVE CUTS, BUT WE ARE VERY MINDFUL OF THE SPENDING THAT WE'RE DOING AND WE HAVE SOME AREAS, THAT WE MAY WANT TO TAKE DEEPER DIVES TO.
>> THAT ENDS OUR BUDGET PRESENTATION.
I WILL LOOK TO THE WISDOM OF MADAM CHAIR TO DECIDE WHAT WE DO NEXT.
THE CAPITOL BUDGET PRESENTATION, I COULD PROBABLY GET THROUGH IT IN 30 MINUTES.
IT'S A FOUR HOUR PRESENTATION, IF YOU ALL WANT TO STAY AROUND.
>> LET'S MOVE TO THE CAPITOL BUDGET PRESENTATION, IF YOU ARE BRINGING IT UP ON THE
[8. FY22 Dallas College Capital Budget Update ]
SLIDE.THERE'S PARTS WHERE I WILL GO FAIRLY SLOW.
YOU ALL HAVE BEEN VERY GOOD OF ASKING QUESTIONS, IF I GO ALONG.
I ASSUME, YOU WILL HELP ME WITH MY TIMING, HOW MUCH TIME YOU WILL SPEND ON ANYTHING.
>> WHAT WE'RE GOING TO DO, IS REALLY ENVISION WHAT THE CAPITOL PLAN IS.
I'LL GIVE YOU UPDATES AND REVIEWS ON WHAT WE'RE DOING ON PHASE ONE AND PHASE TWO AND OTHER PROJECTS AND WE'LL END IT UP WITH WRAP-UP.
I'M NOT SURE HOW MUCH DISCUSSION WE'LL HAVE.
ONE OF THE THINGS I AM TALKING ABOUT, WE'RE WORKING ON DEVELOPING THE FUTURE, ONE COLLEGE CAPITOL PLAN.
WE HAVE THE EDUCATION PLAN AND THE SCHOOL STRUCTURE IN PLACE.
WE HAVE TO BE ADDRESSING EMERGING OPPORTUNITIES, CURRENT AND FUTURE NEEDS, REVIEW THE MASTER PLAN AND GETTING ANYWHERE FROM 3-5-YEAR-OLD.
PART OF IT IS, AND WE TALK ABOUT THIS, THIS NEEDS TO COORDINATE WITH THE LAND USE POLICY.
I'VE HEARD TRUSTEE BOYD AND TRUSTY RITTER TALK ABOUT A STRATEGIC REAL ESTATE PLAN.
WE HAVE TO START WITH THE POLICY, PRECIPES AND GET THAT GOING.
WE'VE DONE THE EDUCATION PLAN.
WE'VE DONE THE ONE COLLEGE SCHOOLS STRUCTURE, THE ONE COLLEGE ORGANIZATION, IS FOCUSED ON THE STUDENT EXPERIENCE, WHICH I HAVE TO GIVE CREDIT TO MARY YEARS AGO OF STARTING US IN THE PATH.
THE BOARD REALLY FELT THAT'S WHAT WE FEED TO BE DOING.
WE'VE HAD THE INTERNALLY FOCUSED INDIVIDUAL COLLEGE MASTER PLANS.
THEY ARE GREAT BUT THEY FOCUS WHERE THEY WERE AT THAT TIME.
WE HAVE OUR CAMPUS GATEWAY PLANS, WHICH NEEDS TO ALSO WORK WITH THE FACILITY MASTER PLANS.
WE HAVE AN OVERWHELMINGLY SUCCESSFUL BOND ELECTION.
WE PRIORITIZE ALL THE CAPITOL EXPENDITURES.
WE HAD OVER 2 BILLION IN PLANNED, FROM THE FACILITY MASTER PLANS THAT ARE NEEDED, THAT HAD TO BE DOWN TO A BILLION TO BE AFFORDABLE.
QUITE FRANKLY, WE PRIORITIZED THOSE WITH THE FIRST 300 MILLION IN PHASE ONE ON WHAT WE NEEDED FOR EARLY COLLEGE HIGH SCHOOLS AND KNOWN GROWTH PROGRAMS. AND IT WAS ALIGNED IN THREE GROUPINGS, WORKFORCE, STUDENT RELATED INSTRUCTION SUCCESS PROGRAMS AND THE DOWNTOWN EDUCATION IN THE BASEMENT DISTRICTS.
WE SAID, TWO, THE BONDS WILL BE ISSUED IN SIX TO EIGHT YEARS.
THAT'S TO KEEP THE TAX RATE THE SAME AND BE ABLE TO AFFORD THE DEBT SERVICES THAT GOES ALONG WITH THESE.
>> AND WHEN ARE WE ANTICIPATING MOVING FORWARD ON THE ESENTRO CAMPUS.
>> AND LET'S GO THROUGH PHASE ONE FIRST AND TALK ABOUT PHASE 2.
>> TO SUPPORT STUDENTS IN THE COMMUNITY, SPACE TO SUPPORT HIGH DEMAND.
[02:40:02]
EVERYTHING FROM THE PROGRAM, TO NEW NURSING BUILDING.ONE THING THAT WAS IMPORTANT TO NOTE, WHILE THE PRESIDENTS HAD A ROLE TO PLAY IN THIS AND STARTED THIS, AS SOON AS WE STARTED CHANGING TO THE ONE COLLEGE DESIGN, WE BROUGHT IN THE PROVOS, VICE CHANCELERS, TO BE PART OF THE DESIGN TEAMS WE HAVE ON PHASE 1 SO WE CAN START THE PROCESS OF LOOKING FORWARD.
THIS IS A QUICK REVIEW OF WHAT THOSE WERE.
OUT OF THE 297.2 MILLION, WE'VE BEEN ABLE TO MAKE SOME ADJUSTMENTS WHILE KEEPING THAT IN A NETZERO LEVEL.
WE DECIDED IN WORKING WITH THE VICE PROVOS, WE HAD TO DO SOME LAB UPGRADES.
THIS IS TO DOING MORE THAN GENERICS, SO THEY CAN HAVE NATURAL SCIENCE, LABS.
WE ALSO REALIZE, WE DIDN'T HAVE ENOUGH MONEY FOR STATE OF THE ART, AND SIMULATION AND NURSING BUILDING.
WE CHANGED THE SCOPE WITH A WELCOME CENTER.
WHILE WE'RE NOT GOING WITH THE FULL SCOPE THAT PARIS AND MYSELF AND, LOOKING TO THE BOARD.
WE'RE ADDING THE PROTO TYPE AT MOUNTAIN VIEW.
HOWEVER, WE HAVE SEEN AND PROJECTED 15.2 MILLION, BECAUSE WE'VE BEEN WAITING TWO YEARS.
YOU ALL READ ABOUT THIS IN THE PAPER.
IT'S NOT ONLY MATERIAL DELAYS, IT'S PRICING INCREASES.
WE'RE TALKING ABOUT REVISION OF $312 MILLION.
>> WHAT WILL THE PROTO TYPE LOOK LIKE AT MOUNTAIN VIEW.
>> IT'S ACTUALLY VERY ATTRACTIVE WITH DR. JOSEPH AND HER TEAM BEING IN ON THAT.
IT'S REALLY MORE OF A PLACE WHERE THE COMMUNITY COMES, STUDENTS COMES TO REALLY FIND OUT ABOUT THE COLLEGE.
IT'S A VERY OPEN ENVIRONMENT, PROVIDES SERVICES.
WE'RE NOT GETTING INTO FULL FLEDGE CHILD CARE AT THAT.
WE'LL HAVE SOMETHING, IF YOU WANT TO GO TOUR THE CAMPUS, YOU COULD DROP OFF YOUR CHILD IN AN AREA THAT ALLOWS YOU TO HAVE A TEMPORARY PLACE SO WE DON'T HAVE TO BE DRAGGING KIDS AROUND CAMPUSES, WE GO TO LOOK.
>> IT WILL BE THE START OF ONE.
I WON'T CALL IT A FULL FLENL GATEWAY.
YOU CAN'T DO A FULL FLEDGE GATEWAY.
AND THE STATE, SET BACK WITH THE OTHER BUILDINGS?
IT'S RIGHT AS YOU COME IN ILLINOIS.
IT'S IN THE CIRCLE WITH THE OVERVIEWING LOOK OF THE PONDS THAT ARE IN THERE, THAT WE HOPE TO ONE DAY BE A LIGHT.
>> SO, IF WE GO FULL GATEWAY, BASICALLY, WE WOULD EXTEND OUT TO ILLINOIS?
>> HERE IS, TO DO THAT AND HANDLE THAT COST INCREASES, WE WILL ISSUE GE BONDS, 20 YEARS, OR I NEED TO GO AHEAD AND MOVE FORWARD AND ISSUE TAX NOTES FOR THE SAME AMOUNT AND SAME TIME PERIOD.
COMING TO THE AUGUST, WHEN WE APPROVE THE BUDGET.
WE WILL ISSUE, AUTHORIZE US TO ISSUE DEBT.
I DON'T WANT TO BE ACCEPTING ANY INTEREST RATE RISK.
I WANT TO MOVE FORWARD ON THIS.
BOTH OF THE AVERAGE DEBT SERVICE IS ABOUT $18.7 MILLION.
BOTH OF THEM ARE VERY SIMILAR.
HOW WE'RE GOING TO USE THAT, PAY BACK THE FINANCES WE DID, INTERFINANCING WE DID FROM CASH RESERVES AND ALLOW US TO PROCEED.
IT'S REALLY INTERESTING TO NOTE, WITH THE WEIGHT, WE WILL BE FINISHING ALL OF PHASE ONE.
NOW WE ARE GOING TO GET STARTED.
WHILE WE'RE DOING THINGS LIKE DESIGN.
WE'RE MOVING IN SUCH A SNAILS PACE, WE WILL FIND OURSELVES, IT WE CAN'T MOVE FAST ENOUGH TO GET THESE THINGS DONE.
WE HAVE TO PROCEED WITH THE CONSTRUCTION AND GET THIS PHASE ONE COMPLETED.
[02:45:02]
>> YES, SIR >> THE DISTRICT, WE'VE BEEN BATTLING WHAT I PROCEED TO BE A COMPLETELY FRIVOLOUS LAWSUIT THAT SEEKS TO NULLIFY THE WILL OF 71 PERCENT OF THE VOTERS IN DALLAS COUNTY WHO, YOU KNOW, APPROVE AND SUPPORT OUR BOND ELECTION.
FOR THE RECORD, IN ADDITION TO ATTORNEYS FEES, WHAT HAS THAT FRIVOLOUS LAWSUIT, COST THE DISTRICT AND TAXPAYERS OF DALLAS COUNTY.
>> >> LET ME SPEAK FROM A WORKFORCE SIDE.
THE FACT THAT WE HAVE NOT BEEN EMPLOYED IN THE CONTRACTORS AND WORKERS, TO GET THE THINGS DONE.
THAT ECONOMIC BENEFIT, I CAN'T EVEN BEGIN TO TELL YOU WHAT THAT IS.
PEOPLE, WHEN THEY WERE OUT OF WORK, AND THEY WERE LOOKING FOR WORK, WE DIDN'T HAVE IT FOR THEM.
THEY ALWAYS SAY, YOU'VE ONLY SEEN THE TIP OF THE ICEBERG.
$15 MILLION, WE HAVE TO LOOK AT MATERIAL COST INCREASES.
THIS ACTUALLY PROJECTS THEM TO COME DOWN SOMEWHAT.
IT'S MORE DELIVERY THAT'S STILL AN ISSUE.
I BELIEVE THEY WILL COME DOWN AS WE GET TO THE POINT OF ACTUALLY GOING OUT FOR BID AND DOING THE PROJECTS.
TOTAL COST OF ALL OF IT IS HUGE.
BUT I LOOK AT THE LOST OF ACTUAL WAGES THAT PEOPLE HAVE, THAT HAVE NOT BEEN ABLE TO BE EMPLOYED.
>> IT'S FAIR TO SAY, THAT, YOU KNOW, THIS FRIVOLOUS LAWSUIT HAS COST TAXPAYERS MILLIONS AND MILLIONS OF LOST EMPLOYMENT AND WAGES, HIGHER MATERIAL COSTS, IN LEGAL COSTS FOR THE DISTRICT.
IT'S EXPOSED US TO INTEREST RATE RISK, THAT WE CAN BE PAYING OUT FOR YEARS AND YEARS, BECAUSE WE'VE BEEN DELAYED BY THE LAWSUIT.
>> YOU HIT IT THE NAIL IN THE HEAD?
>> I THINK WE NEED TO REMIND THE PUBLIC OF THAT AT EVERY OPPORTUNITY WE GET AND I OFFER THAT TO MY FELLOW TRUSTEES, ONE OF THE THINGS WE CAN ALL DO.
>> SO YOU WILL HEAR SOMETHING FROM ME IN AUGUST.
TRUSTY FLORES, TO ANSWER YOUR QUESTION.
WE WENT WITH THE DOWNTOWN DISTRICTS, IT WAS REALLY THE CENTERPIECE OF BOND ELECTION.
I'M NOT GOING TO READ EVERYTHING THAT'S ON HERE.
WHAT WE ENVISION IS THE WHOLE IDEA OF A DISTRICT.
WE HAD BUDGETED 535 MILLION OF BOND PROCEEDS TO BUILD OUR PORTION OF THE DISTRICT.
HOWEVER, I FULLY EXPECT THAT TO PARLAY INTO $5 BILLION, $10 BILLION, $20 BILLION OF INVESTMENT OF THE DISTRICT.
PEOPLE ARE BEING LOOING FOR US TO DO THE EDUCATION AND PARTNER WITH ALL OF THE PEOPLE THAT WE NEED TO PART WITH, WHETHER IT'S THE CITY, THE COUNTY, ISD'S, HIGHER ED AND CREATE THE EDUCATION DISTRICT.
10 YEARS AGO, GOVERNOR PERRY, ONE OF THE MENTORS, SCHOOL COME IN, TALK ABOUT THE INNOVATION PLAN FOR TEXAS.
HE'S DONE THIS FOR SEVERAL STATES.
BUT IF WE AREN'T LOOKING TO HOW WE PARTNER WITH EVERYBODY ELSE, THAT'S HOW IT'S GOING TO GET TO BE A HUGE INVESTMENT.
AND IT NEEDS TO BE PROGRAMMED AND DESIGNED TO BRING EVERYTHING TOGETHER.
CLYDE WARREN PARK IS A GREAT EXAMPLE.
THINK OF THIS AS EDUCATION AND INNOVATION OF WHAT WE'RE TRYING TO CREATE DOWNTOWN.
I MENTIONED EARLIER, DR. RAY LIKES TO HAVE US READ BOOKS.
MY GUESS, IT'S ONLY ABOUT 8 OR 9.
I HATE THAT I GAVE AN EXAMPLE OF LIGHTS OUT OF ANOTHER ONE TO READ.
I WILL LET HIM SPEAK A LITTLE BIT.
ONE OF THE RECENT BOOKS WE'RE REVIEWING, REALLY HITS HOME WHEN WE TALK ABOUT IT.
THEY SPEAK TO WHAT CITIES HAVE DONE ON INNOVATION AND HOW THEY HAVE TURNED THEMSELVES AROUND BECAUSE THEY ARE LOOKING FOR THE FUTURE.
WE NEED TO DO WHAT WE DO BEST.
DR. MAY, WOULD YOU GIVE US A FEW WORDS ON THIS AND -- >> JUST BRIEFLY.
[02:50:02]
SOME ARE FAMILIAR WITH BRUCE CAPS AND HIS WORK.WE TALKED ABOUT PREVIOUSLY, TRUSTY FLORES, IN PARTICULAR, AROUND HIS PREVIOUS WORK ON THE METROPOLITAN REVOLUTION, THE ROLE OF CREATING NETWORKS AND HUBS AND INVOLVING CHAMBERS AND OTHERS.
IT REALLY IS LOOKING AT ONE OF THE ANCHOR INSTITUTIONS AND CATALYSTS.
OVER AND OVER AGAIN AND IN CITIES THAT HAVE GONE THROUGH TRANSFORMATION, AT THE LOCAL LEVEL, NOT RELYING ON THE STATE, NOT RELYING ON THE FEDERAL GOVERNMENT, BUT REALLY LOOKING AT THE ABILITY TO LEVERAGE LOCAL RESOURCES.
IT'S BEEN ABOUT CREATING A LOCAL NETWORK, OFTEN LED AND IN MANY CASES, AND YOU COULD LOOK AT THE INSTITUTION OF HIGHER EDUCATION.
WE THINK THAT'S AN IMPORTANT ROLE.
JOHN IMPLIED IT EARLIER, WHEN WE TALK ABOUT OUR INVESTMENTS, LEVERAGING OTHERS THAT ARE IN THERE.
I THINK THAT'S THE OLD IDEA, INSTITUTIONS SIMPLY BUILDING BUILDINGS AND OPERATING IN ISOLATION TO OTHERS.
I REALLY DIDN'T CAPITALIZE ON THE RELATIONSHIP WE HAVE TO BE HAVING WITH THE PUBLIC, WITH THE COMMUNITY AND HOW WE CAN, IN FACT, BE NOT ONLY A SUPPORTER THROUGH EDUCATIONAL PROGRAMS AND SERVICES BUT LEVERAGING THAT IN NEW WAYS.
FOR EXAMPLE, WE'RE BEING LOOING AT DOWNTOWN.
WE'VE SAID, YES, WE WANT TO BUILD A NEW EL SENTRO, BUT WE DON'T WANT TO DO IT ALONE.
AND THE FOLKS AT THE CITY AT THE NEW LIBRARY, ENTREPRENEURS WITH HOTELS.
WE'VE HAD NUMEROUS MEETINGS WITH LARGE EMPLOYERS AND, OF COURSE, THE ORIGINAL ONE, WHICH WE'RE STILL HAVING CONVERSATIONS WITH, INTERESTINGLY ENOUGH IS AMAZON, WITHÂ -- IT'S REALLY A BIG PART OF THE AMAZON PITCH THAT WAS MADE BACK AT THE TIME.
AND WE'RE LOOK AT THE SMALL INNOVATION HUB, HOW WE CONTINUE TO BE A CATALYST AND GROW IT EVEN MORE.
AS WORD HAS GOTTEN OUT OF THE INVESTMENTS, WE'RE SEEING VENTURE CAPITALIST LITERALLY MOVE, BECAUSE OF THE POTENTIAL OF US GOING FORWARD.
AS A BOARD, YOU HAVE A RESPONSIBILITY OF STEWARDSHIP OF DALLAS COLLEGE, I THINK, WHAT WE'RE TRYING TO CONVEY TO OUR LEADERSHIP IS THAT WE MUST BE NOT JUST COLLEGE LEADERS, BUT COMMUNITY LEADERS MUCH WE MUST BE STEPPING UP TO ENGAGE OUR COMMUNITY AND LOOK AT HOW WE CAN USE THE TALENTS, THE RESOURCES IN WHICH WE'VE BEEN BLESSED TO MEET THOSE LOCAL NEEDS.
SO WHILE THIS ONE IS ABOUT HOW CITIES COULD THRIVE IN THE AGE OF POPULARISM, MEANING THAT REALLY LOOKING AT THOSE WHO ARE OUT, PERHAPS LOOKING AT THINGS OTHER THAN HOW WE CAN GROW THE WORKFORCE, HOW WE CAN ATTRACT NEW BUSINESSES, HOW WE CAN INSURE A BETTER QUALITY OF LIFE AND GROWING COMMUNITY, THAT ULTIMATELY, IT'S GOING TO BE INSTITUTIONS LIKE OURS, TO STEP UP AND TAKE A LEAD.
WE CAN'T BE FOLLOWERS IN THE PROCESS.
THAT'S REALLY AN IMPORTANT PART OF THE NEW STRUCTURE WE PUT IN PLACE AND WHILE WE'RE READING BOOKS LIKE THIS COLLECTIVELY, YOU KNOW, THE 30-40 IN THE LEADERSHIP TEAM, TALKING ABOUT THESE IN A REGULAR BASIS AND HOW THIS IMPLIES AND HOW IT APPLIES TO WHAT WE'RE DOING.
SO I APPRECIATE JOHN INCLUDING IT, BECAUSE THIS IS REALLY DRIVING OUR THINKING ON THE BUDGET, WHERE WE'RE MAKING INVESTMENTS IN WHAT WE'RE DOING, SO PROJECTS LIKE DOWNTOWN, THE GATEWAY, THE INNOVATION HUB, OTHERS AND IN EVERY CAMPUS, ENGAGEMENT ARE REALLY RELATED TO HOW WE GO BEYOND BEYOND WHAT WE'VE DONE IN THE PAST, TO INSURE WE'RE REALLY LEVERAGING OUR RESOURCES IN A WAY, THAT NOT ONLY MEETS THE EDUCATIONAL NEEDS, BUT SUPPORTS OTHER QUALITY OF LIFE ISSUES WITHIN THE COMMUNITY.
>> THIS IS NOT A DESIGN DRAWING.
THIS IS A VISION OF WHAT TYPE OF PARTNERSHIPS WE CAN SEE IN A DOWNTOWN EDUCATION
[02:55:01]
INNOVATION DISTRICT.DON'T WALK OUT SAYING THIS IS WHAT WE'RE GOING TO DO.
WHETHER THERE'S STUDENT HOUSING, CORPORATE OFFICES, WORKFORCE HOUSING, HOTEL, SMALL TENANT.
WHAT WE WOULD LOOK AT AND WE PLANNED, TALKING ABOUT EDUCATION, BUILDING AND ADMINISTRATION BUILDING AND INNOVATION HUB, THE TWO KE COMPONENTS RIGHT NOW ARE THE EDUCATION AND THE INNOVATION HUB, WHICH MAY BELOW INDICATED NEXT TO EACH OTHER.
IT MAY HAVE A WAY, AS WE TALK ABOUT IT BETTER, BEING LOCATED, SEPARATELY.
A LOT OF THIS IS GOING TO DEPEND ON WHAT PARTNERSHIPS WILL COME TO THE TABLE.
BRIEFLY, BECAUSE I'VE BEEN ASKED ABOUT THIS BEFORE FOR PROCUREMENT PROCESS.
WHAT WE WILL DO, RELEASE AN ARTICLE, MAYBE AN R TO 5.
TO SEEK QUALIFIED DEVELOPERS, PARTNERSHIPS, TO WHAT WE CALL, DESIGN SERVICES, TO THE INNOVATION DISTRICT.
THEY CAN RESPOND TO ONE OR BOTH.
WE WILL REVIEW, THEY ARE CAPABLE OF MEETING THE NEEDS.
AND MORE IMPORTANT, WHAT WE WILL LOOK AT, AND TYPICALLY THIS WOULD BE A P-3.
THE COMMITTEE WILL DETERMINE HOW THEY SHOULD BE INVITED TO DO AN RFP.
AT THE END OF THE DAY, THERE WILL BE ONE AFTER RANKING.
THERE WOULD BE ONE THEY WILL BEGIN NEGOTIATIONS WITH IN THE FINALIST BASE.
>> THIS IS SOMETHING, FOR SOME REASON, IT'S JUST DIFFICULT FOR ME TO UNDERSTAND.
SO I'M A PROGENET FROM THAT STANDPOINT.
YOU WILL RELEASE A REQUEST FOR QUALIFICATIONS.
AND WHAT DO YOU MEAN BY THAT? THE DEVELOPER ALREADY COMES WITH THE, CONTRACTOR TO BUILD, THE SUBCONTRACTORÂ -- WHAT DOES THIS MEAN?
>> BACK TO WHAT I SHOWED A COUPLE OF SLIDES AGO, IF WE HAVE A VISION, THE BIGGEST PART OF THIS, IS NOT THE LEGAL RFQ, RFI, RFP.
IT'S MAKING SURE, PEOPLE UNDERSTAND WHAT IT IS TO THIS DISTRICT.
THERE'S OTHERS, WHO HAVE ISSUED AN RFU FOR DOWNTOWN, LIKE THE ISD.
THAT SPOKE MORE WHAT TAI WANTS FOR THE BUILDINGS.
WE SPOKE MORE ON WHAT WE WANT TO PARTNER WITH.
AT THE END OF THE DAY, ONE OF THE DETAILS, IS THE DISSTRICK, DALLAS COLLEGE WILL MAINTAIN TO HELP WORK WITH THE DEVELOPER IN THE SELECTION OF ARCHITECTS, CONTRACTORS, SUBS AND SO ON.
LET'S GO BACK TO THE NEXT SLIDE IN A MINUTE.
WE ARE LOOKING FOR THE DEVELOPMENT ALIGNMENT WITH OUR VISION AND THAT THEY UNDERSTAND, THE OPPORTUNITY THEY HAVE FOR US TO BE A CATALYST.
THE COMMUNITY APPROACH IS HOW ARE THEY GOING TO ENGAGE THE COMMUNITY, MAKE SURE THAT THERE'S ECONOMIC DOESN'T, WHAT WE NOW CALL SUPPLY OR DIVERSE AND THE SUSTAINABLITY CONNECTIVITY, WITH EVERYTHING THAT BELONGS IN THE DOWNTOWN AREA.
SO WE'RE REALLY LOOKING TO HAVE CONTROL, EVEN THOUGH AT THE END OF THE DAY, DESIGN BUILD, WILL GIVE UP SOME THINGS.
WE WILL MAINTAIN A LOT OF CONTROL ON WHAT WE DO.
THE DEVELOPER WILL WANT TO CONTROL THAT.
WE WILL BE ABLE TO OWN THE LAND WHEN THIS IS DONE.
WE WILL MAKE THE POINT IN THE FIRST PLACE.
SAY, THIS IS ONE OF THE THINGS.
WE WANT TO OWN THE LAND AND THE BUILDING >> I UNDERSTAND THE VISION.
IT'S NOT JUST GOING TO BE THE EL CENTRO CAMPUS?
>> WE'RE NOT GOING TO CONTROL WHAT IS IN THE DISTRICT, EVEN THOUGH YOU WANT PEOPLE TO BUY IN THE ENTITIES THAT ARE IN THERE.
WE WILL NOT CONTROL THE ASPECTS OR FUNDING FOR THAT?
>> WHAT WE WILL CONTROL, IS THE BUILDING OF EL CENTRO CAMPUS AND INNOVATION HUB.
[03:00:01]
WHAT'S GOING TO BE BUILT ON THE TAXPAYER DOLLAR ON THE BUILDING.SO ON THAT, AND YOU'VE HEARD ME SAY THIS BEFORE.
BILLIONS AND BILLIONS AND BILLIONS OF DOLLARS HAVE BEEN INVESTED BY GOVERNMENT ENTITIES, TAXPAYER DOLLARS TO BUILD PROJECT.
HOWEVER, OUT OF BILLIONS AND BILLIONS OF DOLLARS, WE DON'T HAVE INCREASE OF WEALTH, IN TERMS OF COLOR, ENTREPRENEURSHIP, ET CETERA, GETTING PIECES OF THE PIE IN TERMS THEY ARE OFFERING FOR.
WE HAVE HISPANIC, BLACK, ASIAN ET CETERA CONTRACTORS THAT ARE AT THE PRIME LEVEL NOW, BUT THEY USUALLY ARE NEVER ENGAGED IN THE PRIME LEVEL.
THEY STAY IN THE SUBCONTRACT LEVEL.
WE NEED TO DO EVERYTHING WE CAN, TO ASSURE IN THE TAXPAYER DOLLAR, WE'RE RETURNING WEALTH TO THE DIVERSE COMMUNITIES NOT JUST THE WAY IT'S ALWAYS BEEN DONE WE NEED TO BE FOCUSED ON THAT.
I HOPE, THE OTHER BOARDÂ -- THE OTHER BOARD MEMBERS ARE THERE, IN TERMS OF SUPPLY AND DIVERSITY AND IN TEMS OF WHAT WE'RE DOING.
I DON'T KNOW IF TRUSTY REMEMBERS THIS OR NOT.
IN THE 2004 BOND PACKAGE, SHE SAID, WE DON'T NEED TO HAVE ANY ENVY GOALS, BECAUSE WHEN YOU DO, THEY ARE SEEN AS THE CEILING NO THE GOAL.
WHOEVER CAME WITH THE STRONGEST PARTICIPATION, WOULD BE CONSIDERED THE MOST SERIOUSLY.
IT'S ALREADY HAPPENED WITH THE FIRST CHUNK OF MONEY.
IN THE 38, YOU GOT LIKE 15 PERCENT HISPANIC.
I FORGET HOW MUCH AFRICAN-AMERICAN, ET CETERA, ET CETERA.
THAT'S NOT THE POT OF CONTRACTORS THAT ARE OUT THERE.
WE NEED TO BE INTENTIONAL, IN GETTING THE STRONGEST MD PARTICIPATION IN THE
TAXPAYER DOLLARS >> JOHN, ONE OF THE THINGS THAT I HAVE BEENÂ -- A LOT OF CONVERSATION WITH JOHN, SINCE I'VE GOTTEN INVOLVED WITH THE FINANCE COMMITTEE.
TO ME, THIS IS AN ACTIVITY, WHEN YOU GET TO WHERE WE ARE TODAY, THIS IS REALLY A VERY INVOLVED BOARD ACTIVITY.
WHEN YOU TALK ABOUT POLICY, WHEN YOU TALK ABOUT A STRATEGIC PLAN FOR THIS TYPE OF ACTIVITY AND ALL, THIS IS DEFINITELY SOMETHING THAT THE BOARD HAS TO BE TOTALLY INVOLVED IN.
THEY HAVE TO BE EMERGED VERY DEEPLY IN THE UNDERSTANDING OF THIS.
A LOT OF THE PROJECT IS LIKE THE DEFENSE DEPARTMENT, WHEN THEY GET READY TO BUY A WEAPONS SYSTEM NOW, THEY HAVE A FLY BEFORE YOU BUY.
THERE WILL BE 2 OR 3 COMPANIES WHO WILL BUILD AN F-16.
THEY HAVE TO GO THROUGH THE PROCESS AND COME BACK WITH THE BEST ANSWER FOR THIS BEST SOLUTION FOR THE PROBLEM.
I THINK THAT'S WHAT THIS PROCESS IS ABOUT, IS BECAUSE WE DON'T POSSESS IN THE STAFF, THE QUALIFIED PEOPLE TO MAKE THESE KINDS OF VISIONS COME TO LIFE.
AND BE ABLE TO HAVE THE RELATIONSHIP WITH THE PLAYERS AND PARTICIPANTS IN THE TYPE OF VISION.
THAT'S WHAT NEEDS TO COME BACK.
THAT'S WHERE THE BOARD STARTS TO LOOK.
LONG BEFORE WE START BRICK AND MORTAR AND STONES AND CONTRACTS, WE HAVE TO HAVE A FULL UNDERSTANDING AND A BOARD BUYING ON THE VISION AND THEN YOU GO INTO OPERATIONAL PROCESS OF BUILDING THE CONTRACT OR NOT.
IF YOU START BUILDING IT, BEFORE YOU START VISIONALIZING, YOU WILL NEVER GET THE BUILDING OUT.
AND IF YOU DO IT TOO QUICK, YOU WILL LOSE THE OPPORTUNITY TO HAVE A REAL VISION.
I ASK QUESTIONS BECAUSE I DON'T KNOW BETTER.
I ASK QUESTIONS, BECAUSE DOWNTOWN, WHO DEFINED DOWNTOWN.
CBD IS A GOVERNMENT FOR DOWNTOWN.
IF WE TALK ABOUT US BEING A CATALYST TO MOTIVATE, DALLAS COUNTY IN A RIGHT DIRECTION, I'M AFRAID, I WILL HAVE TO SAY, YOU CAN'T PUT 75, 35 ACROSS TOWN FREEWAY AND 30 AND PUT A FENCE AROUND ME WHILE WE'RE AT THE PAGE OF TRYING TO VIEW THE VISION.
JUST HOW THE HEADQUARTERS IS RIGHT NOW, LOOK WHAT A LITTLE BIT OF INVESTMENT
[03:05:04]
DID, WITH THE POLICE STATION AND CONDOS AND FEW OTHER THINGS.BUT BETWEEN 30 AND THE RIVER AND OVER THE 45 AND ALL OF THAT, WHO SAYS THAT'S NOT DOWNTOWN DALLAS? WHO SAYS, BECAUSE A TRAIN RUNS TWO SECONDS LATER, DOWNTOWN.
THAT'S WHY YOU CHALLENGE UNDER THE REQUEST FOR INVOLVEMENT, WHATEVER YOU CALL IT, YOU WANT THE PROFESSIONAL PEOPLE WHO INTERTWINE THEMSELVES EVERY DAY, WITH THE INVESTMENT WORLD THAT PUTS MONEY INTO THE TYPE PROJECTS, WHETHER IT BE COMMERCIAL BUILDINGS, WHETHER IT BE STUDENT HOUSING OR WHATEVER IT IS.
THAT'S WHY AT THIS STAGE, WE HAVE TO RELY ON REALLY PROFESSIONAL PEOPLE GIVING US A FLESHED OUT OF OUR VISION AND THEN, ONCE WE AS A BOARD DECIDE THAT'S WHAT WE WANT TO DO, AND THAT'S THE BEST THING FOR THE COUNTY, THEN WE START GOING TO THE TRADITIONAL PHASE OF WHO IS GOING TO DO IT.
BUT I JUST HOPE WE DON'T GET TIED UP IN WHO IS GOING TO DO IT, BEFORE WE DECIDE WHAT WE'RE GOING TO DO.
WE KIND OF DID THIS, ON PART, FOUNDATION, LOOKING IN PART OF THE HOSPITAL.
I LEFT THE BOARD AND THEY ENDED UP SELLING IT.
YOU SEE WHAT THE VISION WAS AND WHAT'S IT'S BECOME.
ALL I'M SAYING, WE'RE AT THE STAGE RIGHT NOW, THAT THE BOARD ISÂ -- GOT TO BE INVOLVED AND TAKE A LEADERSHIP ROLE IN HELPING THE STAFF DECIDE ABOUT THIS VISION WE CAN'T JUST SAY, JOHN, BRINGING US SOMETHING AND LET US VOTE.
WE HAVE TO REALLY GET OUR HANDS DIRT.
I'M NOT ABOUT MAKING THE SAUSAGE.
THAT'S WHAT THE BOARD'S OPPORTUNITY IS.
WE DON'T NEED TO MEDDLE WITH THEIR DAY-TO-DAY LIFE AND OPERATION, BUT WE HAVE TO UNDERSTAND WHAT IS GOING TO GO INTO THE PROJECT.
>> CLIFF, ONE WAY TO THINK ABOUT TO OPERATIONALIZE YOUR SUGGESTION, IS TO HAVE THE BOARD ENGAGE IN A PLANNINGÂ -- WITH THE PROJECT.
THERE'S ORGANIZATION, THAT PLACES PROJECTS LIKE THIS IN A LARGER CONTEXT AND HELPS US GET US ALL ALIGNED ON THE VISION FOR THE PROJECT.
AND THEN MOVE FORWARD WITH THE, YOU KNOW, TACTICAL CONSIDERATIONS AND THAT KIND OF THING.
I WOULD IMPLEMENT THAT THING, AS A SUGGESTION TO IMPLEMENT YOUR IDEA.
>> I KNOW WE HAVE TO HAVEÂ -- WE JUST HAVE TO HAVE THE OUTSIDE PEOPLE WHO DO THIS EVERY DAY FOR A LIVING.
I WAS VERY BLESSED TO BE INTRODUCED TO THE MCGWIRE GROUP OUT OF WASHINGTON, D.C. WHO WROTE THE ORIGINAL PP, PARTNERSHIP LEGISLATION.
THAT'S WHY VIRGINIA EXPLODED IN THE USE OF IT.
SO THERE'S ALL KINDS OF ORGANIZATIONS.
THERE'S ALL KINDS OF PEOPLE AND, YOU KNOW, ALL WE HAVE TO DO, SAY, LET'S PUT TOGETHER SOMETHING THAT INVITES THE PEOPLE TO COME AND DREAM AND BE WITH US AND HELP US IN A PROFESSIONAL WAY, WHERE NONE OF US HAVE THAT EXPERIENCE OR THAT BACKGROUND.
BUT WE'VE GOT TO HAVE THE INPUT FROM THOSE TYPE PEOPLE SO THAT WE DO BECOME THAT CATALYST THAT SETS FIRE AND IT REALLY STARTS TO CAUSE MAJOR THINGS TO HAPPEN FOR DALLAS COUNTY.
WE CAN NOT LET AN AMAZON GET AWAY NEXT TIME WE DO THESE KINDS OF THINGS.
IF WE DON'T DO THE KIND OF THINGS, WE WILL ALWAYS CONTINUE WHAT WE ARE TODAY AND SO, AGAIN, I APOLOGIZE FOR TRYING TO SAY WHAT I WANT TO SAY.
I STRONGLY BELIEVE THIS IS THE RIGHT APPROACH AND I THINK IT WILL BE ONE OF THE
MOST EXCITING EXERCISES THAT WE, AS A BOARD, WILL GET TO GO THROUGH >> CLIFF AND I HAD THE DISCUSSIONS ON WHAT TO DO ANDÂ -- I DON'T WANT TO GIVE THE
[03:10:07]
IMPRESSION I'M TRYING TO RELEASE THIS THING NEXT WEEK.ONCE YOU DO RELEASE IT, IT'S OUT THERE.
WE NEED TO GET THROUGH PHASE 1, GET THOSE BONDS, MOVE FORWARD, GET THAT OUT OF THE WAY AND ALL OF US COULD SPEND TIME TOGETHER, STARTING TO TALK ABOUT THE PHASE 2.
>> I ASK THAT YOU KEEP THE BOARD INFORMED AS YOU'RE PROGRESSING.
WE'LL BE ABLE TO SEE HOW YOU'RE WORDING THAT IFP.
TYPICALLY, WE DON'T GET THAT INVOLVED, AS YOU KNOW.
WE DON'T WANT TO GET IN THEÂ -- BUT AT THE SAME TOKEN, WE WANT TO MAKE SURE, WE'RE MOVING IN THE DIRECTION WE NEED TO AND W NEED TO BE BETTER INFORMED AS A BOARD ON THIS.
>> ONE OF THE THINGS WE REALIZE, CURRENTLY THERE'S A FEW DOWNTOWN VACANCIES.
REMEMBER THE DOWNTOWN HAD THREE PARTS TO IT.
EDUCATION, INNOVATION, AND ADMINISTRATION CONSOLIDATION.
SO WE'RE LOOKING AT THE POSSIBILITY WE MAY LEASE OFFICE SPACE INSTEAD OF CONSTRUCTING OF BUILDING.
WE'RE SO EARLY IN THE PROCESS, I'M JUST LETTING THE BOARD KNOW EARLY, THIS IS ONE OF THE THINGS WE'RE LOOKING AT AS A FINANCIAL OPTION OF WHAT TO DO.
>> JOHN, IF YOU COULD STAY ON THE SLIDE.
SO AFTER YOU DO, YOU RUN YOUR NUMBERS, ANALYSIS, ET CETERA, ET CETERA, IT'S BESIDE IT, IT'S GOOD FOR US TO LEASE RIGHT NOW, LET'S SAY, WE'RE GOING TO LEASE FOR 10 YEARS.
LET'S SAY 10 YEARS DOWN THE ROAD, WHEN THAT LEASE IS UP AND WE DECIDE NOT TO CONTINUE THE LEASE THING, WHAT ACCOMMODATION ARE WE MAKING, IF WE WANT TO BUILD A NEW DISTRICT OFFICE LOCATION?
>> TO BE ABLE TO DO THAT I THINK IT'S VERY IMPORTANT.
I THINK THAT'S PART OF THE STRATEGIC LAND USE AND STRATEGIC CAPITOL BUDGETING, WE'RE TRYING TO DO, HAVE THE 5-10 YEAR TIM HORIZON.
ONE OF THE THINGS, YOU KNOW, I'LL TAKE THE BRUNT OF THIS.
WE HAVE NOT ISSUED BOND SINCE 2004.
HERE WE CAME ALONG, 15 YEARS LATER IN 2019.
HISTORICALLY, COMMUNITY COLLEGES, ESPECIALLY THE LARGER COMMUNITY COLLEGES, HAVE A PLAN THAT WORKS OUT TO BE ABOUT EVERY 7-10 YEARS.
THEY ARE LOOKING AT POSSIBLY HAVING TO ISSUE BONDS.
SO THAT'S PART OF WHAT WE NEED TO DO, WHETHER WE CONTINUE WITH ORGANIZATIONS WE ALREADY HAVE OR HOW WE EXPAND THAT TO NEW THINGS.
AND THIS IS WHERE IT WILL END.
WE CAN'T JUST STOP WHAT WE'RE DOING.
WE'VE ISSUED AN RF-5 FOR DOWNTOWN.
NO, WE NEED TO KEEP WORKING ON ALL OF THESE AND IT'S REITERATED PROCESS ON WHAT WE NEED TO DO TO MAKE SURE WE GET IT RIGHT.
DOES THAT ANSWER YOUR QUESTION?
SO WE SAID IN THE BOND PROGRAM WE WANTED AT THAT NEW DISTRICT OFFICE BUILDING CORRECT?
>> BECAUSE OF THE LANDSCAPE NOW IN TERMS OF THE OFFICE VACANCIES AND SUPPOSEDLY THE LOW COST YOU COULD LEASE DOWNTOWN ET CETERA, WE MAY GO THAT ROUTE.
HOWEVER, WHAT DO WE DO IN THE ORIGINAL PLAN IN THE 2019 BOND PROGRAM WE WILL BUILD IN THE NEW BUILDING.
WHAT I'M ASKING, WHAT IF WE DON'T BUILD A NEW BUILDING.
LET'S SAY 10 YEARS FROM NOW, WE WILL LEASE FOR 10 YEARS, BUT IN 10 YEARS, WE WANT TO BUILD.
ARE WE GOING TO SET ASIDE LAND WHERE WE CAN BUILD IN 10 YEARS, IF THAT'S WHAT WE DECIDE I THINK THAT'S THE IMPORTANT PART WE ARE TRYING TO DO IN WORKING WITH THE BOARD TO GETTING THIS IN HAVING A THE STRATEGIC, TRUSTY RITTER SAID THE OTHER DAY, STRATEGIC REAL ESTATE PLAN.
WHAT DO WE HAVE NOW? WHAT WILL WE NEED IN THE FUTURE AND BE ABLE TO ACQUIRE LAND WHEN IT'S FINANCIALLY FEASIBLE TO DO IT.
>> IN OTHER WORDS, IT'S TO BE DECIDED, EVEN THOUGH IN THE 2019 BOND, WE SAID WE'RE GOING TO DO THIS? THEN WE NEED TO GET, MADAM CHAIR OR FINANCE CHAIR, WHICH EVER IS MORE APPROPRIATE, WE NEED TO GET A SESSION PRETTY QUICK.
THINGS ARE MOVING PRETTY QUICK.
[03:15:03]
ONCE WE'VE GONE THROUGH AN EVALUATED PROCESS, WE NEED SOME DIRECTION.I'M OF THE MIND, SINCE WE SET 2019 BOND, WE'RE OUTSOURCING RESOURCE TO BUILD A BUILDING AND POSSIBLY THAT'S NOT WHERE WE ARE NOW, BUT WE NEED THE LAND.
WE NEED, WITH THE BOND PROGRAM, WE NEED TO GET THE LAND FOR THE BUILDING, ONCE WE DECIDE TO BUILD THE BUILDING, MINIMUM.
>> I THINK THAT'S WHY I SAID WHILE AGO, THE PROCESS THAT JOHN PROPOSED A FEW SLIDES BACK, IS SO CRITICAL, SO IMPORTANT, THAT IS WHAT SHOULD ANSWER YOUR QUESTION.
THERE'S NOBODY ON THE STAFF TODAY, THAT COULD ANSWER THAT QUESTION FOR YOU.
ONLY ONCE WE GET THROUGH THE RIGHT APPROACH, STRATEGIC APPROACH, WILL WE COME UP WITH THE ANSWER.
THE FACT YOU WILL BUILD A BUILDING IN 19, IF THINGS CHANGE, THEY WILL EXPECT YOU AS A POLICY GROUP, NOT TO BUILD A BUILDING, YOU SHOULDN'T BUILD, IF THAT'S NOT THE RIGHT ANSWER.
>> GET THE LAND, IF THAT TURNS OUT TO BE THE RIGHT PLACE.
YOU CAN'T GET THE LAND, UNTIL YOU KNOW WHERE THE LAND SHOULD BE BASED ON WHERE WE SHOULD TALK ABOUT TWO SLIDES BACK.
YOUR QUESTION CAN'T BE ANSWERED RIGHT NOW, BUT THE PHILOSOPHY IS CORRECT.
WE HAVE TO GET TO THE RIGHT ANSWER, BECAUSE WE DON'T HAVE A STAFF MADE UP OF THE RIGHT PEOPLE BECAUSE WE DON'T MEET THEM EVERY DAY.
JOHN WILL TELL YOU, I WILL WANT TO DO THIS YESTERDAY.
UNTIL WE GO THROUGH THE EXERCISE, WE ARE NOT GOING TO HAVE THE ANSWER YOU'RE LOOKING FOR.
I AGREE THAT WE NEED TO INSTRUCT, YOU KNOW, THE STAFF, THE POLICY, THE -- WHATEVER, LET'S MOVE ON THAT, WITH EXPEDIENCY, SO WE CAN GET TO WHAT THE ANSWER IS.
>> JUST REAL QUICKLY, IN THE IMPROVEMENT PLAN, TAX NOTES.
THERE'S TWO CHANGES, WE WANT TO MAKE.
ONE, IS WE STARTED DESIGNING THE BUILDINGS, MOUNTAIN VIEW.
WE REALIZE, IT WAS NOT PLANNED FOR BUT WE NEEDED A NEW ENERGY PLANT TO HANDLE THE THREE BUILDINGS.
AS YOU KNOW, WE LOST OUR LEASE ON THE DENTAL HYGIENE CLINIC.
WE'RE MOVING IT TO THE PROPERTY, IN EL CENTRO IN THE PARAMOUNT BUILDING.
EVERYTHING ELSE STAYS THE SAME.
BY THE WAY, WE PAY THAT OFF, NEXT YEAR.
HERE'S SOMEÂ -- I ALWAYS HAVE TO INCLUDE.
WE DO OTHER PROJECTS, WITH NO DEBT.
ONE, IT'S ONE THAT WE'RE TALKING ABOUT.
IT EQUIPMENT ROOM, SECURITY UPGRADES.
IT'S ABOUT A LITTLE OVER 70 MILLION, THAT'S BEEN FUNDED FOR CASH RESERVES.
FOR THE MOST PART, THERE'S PROBABLY 5 PERCENT THAT WILL BE CONTINUING ON.
THE ERP, WHICH HAS A TOTAL BUDGET OF 84 MILLION.
WE KNOW THE ANNUAL LICENSES ARE OPERATING COSTS THAT WILL PAY FOR OPERATING BUDGET.
SOME OF THE IMPLEMENTATION COST WILL WORK.
IT MAY BE FUNDED FOR CASH RESERVES, IF WE HAVE THOSE IN THE LAST COUPLE OF YEARS.
THE DATA CENTER, WE'RE MOVING TO DATA CENTER.
PART OF THAT IS OPERATING EXPENSE.
PART OF IT IS OPERATING COSTS, WE MAY LOOK AT, ALSO USING CASH RESERVES.
I REALLY DON'T HAVE TO LOOK INTO THE SLIDES BECAUSE YOU ALL SUMMARIZED IT FOR ME.
>> AND MY SLIDES ARE NOT MOVING.
>> >> I'M GOING TO GO OVER PAGE 21, MOVING FORWARD.
AND WE'RE GOING THROUGH WITH THE PLANS TO PHASE 1 AND ISSUE SOME TYPE OF DEBT.
WE WILL START TO DEVELOP WITH THE BOARDS, AND WHAT DO WE DO FOR THE DOWNTOWN INNOVATION DISTRICT.
WE WILL NEED TO START DEVELOPING FOR ALL THE OTHERS, ONE COLLEGE CAPITOL PLAN FOR FUTURE PROJECTS.
WE WILL PULL THOSE THINGS TOGETHER WE'VE DONE AND START TO HAVE SOMEBODY LOOK
[03:20:03]
AT THIS AND QUITE FRANKLY, WE NEED TO FINALIZE THE LAND USE POLICY.>> OPEN FOR ANY QUESTIONS, DISCUSSIONS.
I THINK I'VE BEENÂ -- HAD MYÂ -- ESPECIALLY ON PHASE 2.
I'M GETTING PHASE 1 OUT OF THE WAY.
THEN WE START WORKING TOGETHER AS A GROUP, ON HOW WE'RE GOING TO DO THIS AND WHO WILL HELP US DO IT.
THERE'S SOME VERY SMART PEOPLE IN THE COUNTRY, THAT HAVE BUILT SOME THINGS VERY SIMILAR.
WHAT I DON'T WANT TO DO IS COPYCAT.
ONE OF THE THINGS I'VE LEARNED FROM THE BOOK, IS YOU HAVE TO FIGURE OUT WHAT WORKS HERE.
WE HAVE TO HAVE CRAZY MINDS AND TRUSTY, AND IT'S NOT ON STAFF, PEOPLE.
I HAVE MORE QUESTIONS ON THIS THAN YOU ALL DO.
MADAM CHAIR, I'M LOSING MY VOICE.
I COULD ALWAYS CALL ON ROB, IF I NEED TO.
>> I HAVE TWO BOOKS THAT WILL ADD TO MY READING LIST.
DEFINITELY FOLLOW-UP ON THE RFQ PROCESS.
WITH THAT, WE WILL TAKE A BREAK TO SET UP FOR OUR SPECIAL MEETING.
HOW MUCH TIME DO YOU THINK YOU NEED?
>> YES, MUTE AND TURN YOUR CAMERAS OFF, IF THAT'S OKAY WITH EVERYONE.
* This transcript was compiled from uncorrected Closed Captioning.