RVCC 2019 NECHE Self-Study

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Schedule of Collective Net Pension Liability * Employer proportion of the collective net pension liability 1.2800 % June 30, 2018 2017 2016 2015 2014 1.3580 % 1.5230 % 1.5521 % 1.4834 % Employer's proportionate share of the collective net pension liability $62,952,418 Employer's covered-employee payroll $35,391,000 $72,213,216 $60,334,154 $58,259,797 $63,843,950 $39,462,000 $38,603,000 $47,442,000 $43,413,000 Employer's proportionate share of the collective net pension liability as a percentage of the employer's covered employee-payroll 178 % 183 % 156 % 123 % 147 % Plan fiduciary net position as a percentage of the total pension liability 56.22 % 58.30 % 65.47 % 66.32 % 59.81 % * Schedule is intended to show 10 years. Additional years will be added as they become available. Schedule of Employer Contributions * June 30 2018 2017 2016 2015 2014 Required employer contribution** $ 5,080,526 $ 5,090,600 $ 5,109,493 $ 4,923,636 $ 3,688,122 Actual employer contribution** $ 5,080,526 $ 5,090,600 $ 5,109,493 $ 4,923,636 $ 3,688,122 Employer's covered-employee payroll $35,391,000 $39,462,000 $38,603,000 $47,442,000 $43,413,000 Employer percentage contribution of the employer's as a covered-employee payroll 14.36 % 12.90 % 13.24 % 10.38 % 8.50 % * Schedule is intended to show 10 years. Additional years will be added as they become available. ** Contributions above are annual contributions during the measurement period. 257 | P a g e
Notes to the Required Supplementary Information-Pension Changes of assumptions: Actuarial determined contribution rates for the 2012-2013 biennium were determined based on the June 30, 2009 actuarial valuation. Actuarial determined contribution rates for the 2014-2015 biennium were determined based on the June 30, 2011 actuarial valuation. Actuarial determined contribution rates for the 2016-2017 biennium were determined based on the June 30, 2013 actuarial valuation. Actuarial determined contribution rates for the 2018-<strong>2019</strong> biennium were determined based on the June 30, 2015 actuarial valuation. For amounts reported in 2016 and later, the mortality table used was changed from RP-2000 Mortality Table projected to 2020 with Scale AA used in 2015 and 2014 to RPH-2014 Employee Generational Mortality Table adjusted for mortality improvements using Scale MP-2015. For amounts reported in 2016 and later, the discount rate as well as the investment rate of return used to measure the total pension liability were decreased to 7.25% from the rates of 7.75% used in 2015, 2014, and 2013. For amounts reported in 2016 and later, the assumed inflation rate used to measure the total pension liability was decreased to 2.5% from the rates of 3.0% used in 2015, 2014, and 2013. For amounts reported in 2016 and later, the assumed salary increase rate used to measure the total pension liability was changed to 5.60% from the rates of 3.75% to 3.8% used in 2015, and 3.75% to 5.8% used in 2014 and 2013. 258 | P a g e
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“Soar into your Future!” Accred
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Table of Contents INSTITUTIONAL CHA
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at least two but less than four yea
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Physical Therapy Assistant Radiolog
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a) Organization of academic affairs
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ORGANIZATIONAL CHARTS x | P a g e
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TABLE OF CIHE ACTIONS, ITEMS OF SPE
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INTRODUCTION River Valley Community
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RVCC STANDARD COMMITTEES Committee
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A recurring theme discussed through
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DATA FIRST FORMS GENERAL INFORMATIO
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Description Mission Statement: Rive
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Through our workforce development o
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Standard 1: Mission and Purposes At
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Description Planning and evaluation
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Committees for each Initiative met
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of the project, and the continued a
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oards and clinical/practicum precep
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necessary, guide a suspension or cl
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Standard 2: Planning and Evaluation
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Standard Three Organization & Gover
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Two (2) members from building/mecha
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Institutional Organization River Va
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challenges in financial stability r
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Standard 3: Organization and Govern
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37 | P a g e Standard Four The Acad
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progress through the program; and t
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All programs at RVCC strive to foll
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One area that came to light during
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All program curricula, as well as c
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the College. Faculty mentors often
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in the face to face format and are
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Standard 4: The Academic Program (S
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Standard 4: The Academic Program (H
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Standard 4: The Academic Program (H
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Standard 4: The Academic Program (C
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Description River Valley Community
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RVCC students who are 25 and over m
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Student Readiness for College The S
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The College, under the direction of
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Academic Advising All Program Direc
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In Fall of 2018, a group of student
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Strong community partnerships provi
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Standard 5: Students (Enrollment, F
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Undergraduate Admissions informatio
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While slightly increased over previ
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accrediting body. Many accrediting
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As per the full-time faculty’s CB
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There is a standard process that RV
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September of 2018 and the OTA progr
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mode of delivery when there is a ne
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Policies also exist to support form
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Standard 6: Teaching, Learning, and
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Standard 6: Teaching, Learning, and
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97 | P a g e Standard Seven Institu
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Gov. Grants $ 300,404 $ 1,389,296 $
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system of public community college
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udget for this program was increase
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CCSNH began a five-year budget mode
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een, or are being resolved. A CCSNH
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The RVCC IT Department has a studen
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Fiscal Year ends - month & day: (06
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FISCAL YEAR ENDS month & day ( / )
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FISCAL YEAR ENDS month & day ( 06 /
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Standard 7: Institutional Resources
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Standard Eight Educational Effectiv
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College, 88% (754) of the students
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Figure 8.2 - RVCC Student Transfer
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to ensure students were provided st
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(https://www.turningpointsnetwork.o
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Figure 8.5 - RVCC Program Completer
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new Clinical Coordinator was hired.
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Bachelor Cohort Entering Associate
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Student Success Measures/ Prior Per
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Policy, the Domestic Violence in th
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Hampshire as a self-governing body
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esponsibilities of both students an
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Projections By Fall of 2019, Col
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Advancement not avail. http://www.r
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Standard 9: Integrity, Transparency
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Programs, courses, services, and pe
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Print Publications Self-study/ Fift
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(1) (2) (3) (4) (5) CATEGORY Where
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with college level math course. 5.B
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continuingaccreditation offered at
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27. Respiratory Therapy, AS https:/
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4.12 Learning activities & instruct
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Progress Report (to be submitted on
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E-SERIES FORMS: MAKING ASSESSMENT M
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Management Letter & Financial Repor
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We have evaluated the key factors a
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did not identify any deficiencies i
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Table of Contents INDEPENDENT AUDIT
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Bangor, Maine December 7, 2018 INTR
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CCSNH has done an excellent job ens
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CCSNH continues to see declines in
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CCSNH, however, has one of the stro
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Page 213 and 214: FINANCIAL STATEMENTS CCSNH reports
Page 215 and 216: Capital assets, net of accumulated
Page 217 and 218: Net position Overall net position d
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Page 221 and 222: Net position, beginning of year, as
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Page 225 and 226: and the recognition of a gain of $2
Page 227 and 228: Noncurrent assets Student loans rec
Page 229 and 230: Appropriations from the State of Ne
Page 231 and 232: Nature of Business The Community Co
Page 233 and 234: When capital assets are retired or
Page 235 and 236: inflows and deferred outflows relat
Page 237 and 238: 2. Change in Accounting Principle D
Page 239 and 240: 5. Long-Term Liabilities Changes in
Page 241 and 242: 6. Bonds Payable Bonds payable cons
Page 243 and 244: 7. Defined Benefit Pension Plan CCS
Page 245 and 246: Amounts reported as deferred outflo
Page 247 and 248: Discount Rate The discount rate use
Page 249 and 250: At June 30, 2018, CCSNH reported de
Page 251 and 252: Discount Rate The discount rate use
Page 253 and 254: Amounts reported as deferred outflo
Page 255 and 256: Sensitivity Analysis The following
Page 257 and 258: Investments Fair Value Measurement
Page 259 and 260: CCSNH has not defined a limit in it
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Page 265 and 266: Schedule of Collective Net OPEB Lia
Page 267: Graduate Surveys List of new and el
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RVCC 2019 NECHE Self-Study

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