This past April, Butler County Community College (BC3) faced a financial challenge from the Butler County Controller, Jack McMillian.
As covered in past articles at The Cube (by Patrick Reddick, Jerin Steele and Jason Robinson respectively), Butler County Controller, Jack McMillian withheld the first of four payments promised to BC3 from Butler County, in the amount of 1.2 million dollars. McMillian was not convinced the funds provided by Butler County to the college were staying in Butler County and not being used at the BC3 Satellite Campus'.
In an email earlier this week, James A. Hrabosky, BC3 Vice President for Administration and Finance confirmed that BC3 has received the first and second schedule quarterly payments. At this time the college expects to receive their third payment on time, which will be no later than September 30, 2010.
On July 13, 2010, the Finance Office at BC3, with the support of the Board of Trustees', took the first step in completing an independent cost analysis as requested by Butler County Controller, Jack McMillan. Six requests for proposals' were sent to unnamed independent firms. Of those six requests, only three agencies responded by the 11:00 a.m. deadline of August 11, 2010.
The Finance Committee of the BC3 Board of Trustees met on August 9th to review the current situation, said James Hrabosky. "We are in the process of reviewing their quotes and their identified scope of our request," Hrabosky said. "The goal is to have this study reflective of our current audit for fiscal year ending June 30, 2010", Hrabosky went onto say, "which means a final report of the indirect cost analysis will not be complete until probability November 2010."
The college will be awarding the contract to the selected independent firm within the next few weeks, Hrabosky wrote. Their goal is begin the processes in September.
As of now the doors of BC3 remain open.