District Board of Trustees MeetingWednesday, June 17, 2026 5:00 pm Leesburg Campus
NO BOARD MEETING IN JULY
District Board of Trustees MeetingWednesday, August 19, 2026 5:00 pm Leesburg Campus
CONSENT CONSIDERATIONS
Lake-Sumter State College
STUDENT ENGAGEMENT COMMITTEE OF THE DISTRICT BOARD OF TRUSTEES
Tuesday, October 7, 2025 Minutes
In attendance: Ivy Parks, Chair, President John Temple, Dr. Laura Byrd, Dr. Joseph Mews, and Kailyn Simone.
Ms. Ivy Parks called the meeting to order at 5:17 pm.
Spring Registration
The College launched a special spring registration window for student athletes, military af�iliated students, SAS students, and healthcare students could register. Registration numbers for yesterday alone were near 200. Registration will open for all students on 10/13/25
Open House Recruitment Events
The Enrollment and Student Affairs (ESA) teams will be hosting four open house events this month. These events will showcase the College’s programs, meet with faculty and staff, and visit the campus. In conjunction with this event, the ESA team will offer quick enroll sessions where students can complete orientation, apply to LSSC, and enroll for classes at that moment.
Student Activities
The new Collegewide Executive Student Government Association has been implemented and engaged for the 2025-26 year. The SGA and Student Life are working closely to plan and host various activities for students, including inaugural sporting events, tailgating pink out, Constitution Day, and spirit week.
Athletics
Currently, all sports are active and playing throughout the semester with Baseball and Softball playing in preseason games. The Cross County teams placed 2nd in Lake City at the Alligator Lake Invite. The inaugural Women’s Golf team will be competing in Alabama this month at the Snead State Invitational and Men’s Golf competing in Tennessee at the Atomic City Classic. The College received the bid to host the State Regional Tournament in spring for Beach Volleyball.
Ms. Ivy Parks adjourned the meeting at 5:32 pm.
Respectfully submitted by Kailyn Simone, Recording Secretary.
Lake-Sumter State College
FACILITIES COMMITTEE OF THE DISTRICT BOARD OF TRUSTEES
Wednesday, October 8, 2025 Minutes
In attendance: Steve Munz, Chair, President John Temple, Dr. Laura Byrd, Thom Kieft, and Kailyn Simone.
Mr. Steve Munz called the meeting to order at 3:31 pm.
South Lake Campus
Health and Human Performance Building
The College will start planning for the possible development of a Health and Human Performance Building. The LSSC Foundation, Inc. is meeting with potential donors to assist with this project. Applications are underway for submission with the Florida Commerce Grant and potential matching grant with the LiveWell Foundation of South Lake.
Science-Health Building Chiller and Pipe Insulation
A few chillers at the South Lake Campus will be reinsulated and re-piped to improve the functionality and effectiveness of the chiller systems. This project will be completed by the end of the fall semester.
Braille Room Signage Project
The College received �indings from the DOE Of�ice of Civil Rights and part of the �indings were updating braille signage on all campuses. This projects is projected to be completed by June 2026.
Leesburg
Campus
Workforce Development Center Redesign
Mr. Corey Warner met with HuntonBrady Architects to discuss a redesign of the building and possible increase in square footage to 80,000. The Architects are working on sketches to obtain possible quotes on the redesign. Mr. Corey Warner is hopeful to have a redesign by next week that would raise the cost of the project slightly. The College will be looking into the procurement process to align and comply with State guidelines.
Of�ice Renovations
Some of�ices will be recon�igured to update and move the spaces to the appropriate department areas. The Of�ice of Student Wellness and Of�ice of Career Development will now be moved to the Student Center and is receiving new carpet. The Of�ice of Career Development will eventually relocated to the Workforce Development Center once complete. A nursing of�ice in Health Science Building will be updated to accommodate two employees. The of�ice in the Production Studio will be converted into a large storage space and the employees will be moved to the Student Services Building next door. These relocations and updates are projected to be completed by the end of October 2025.
Gym and Health Sciences Center Fire Safety Inspections
The Health Science Building (HSC) and Gymnasium will need the �ire safety updates. The HSC Building will replace the devices throughout the building, however the Gym will need complete rewiring and updated devices. This project is projected to be completed by December 2025.
Fine Arts Building Renovation
Mr. Corey Warner is assisting on the renovation of this project with reviewing budgets and �inancial opportunities for the Fine Arts Building. The Building will need a new roof, HVAC, extensive water damage repairs, audio/visual equipment. Mr. Corey Warner is receiving quotes for these projects and evaluating assessments.
Mr. Steve Munz adjourned the meeting at 3:54 pm.
Respectfully submitted by Kailyn Simone, Recording Secretary.
Lake-Sumter State College FINANCE COMMITTEE
OF THE DISTRICT BOARD OF TRUSTEES
Monday, October 13, 2025 Minutes
In attendance: Tim Morris, Chair, Bret Jones, Trustee, President John Temple, Dr. Laura Byrd, Bruce Duncan, Michelle Matis, and Kailyn Simone.
Mr. Tim Morris called the meeting to order at 3:03 pm.
September Fiscal and All Funds Report
The Committee reviewed the September 2025 �iscal and All Funds reports that will be presented to the Board for approval at the next meeting. The College anticipated for health insurance premium increases and will utilize the carryforward spending to help cover increased costs.
Health Insurance Premiums for 2026
Open enrollment for employees began today and will closed at the end of the month. Health insurance premiums on all plans increased on the employer side of about $30,000 per month.
Other
The College is currently in the middle of an audit and will notify the Board of completion.
Mr. Tim Morris adjourned the meeting at 3:33 pm.
Respectfully submitted by Kailyn Simone, Recording Secretary.
Lake-Sumter State College
STRATEGIC PLANNING COMMITTEE OF THE DISTRICT BOARD OF TRUSTEES
Monday, October 13, 2025 Minutes
In attendance: David Hidalgo, Chair, President John Temple, Dr. Laura Byrd, and Kailyn Simone
Mr. David Hidalgo called the meeting to order at 5:02 pm.
Trustee Legislative Fly-In
President John Temple shared the opportunity for Trustees to attend the join Florida College System Council of Presidents and Trustees Legislative Fly-In. Trustees will be briefed on the current legislative priorities of the System and meet with the Commissioner of Education for Florida. During this visit, both Presidents and Trustees will meet with their local delegation to discuss legislative priorities speci�ic to the areas they serve.
2026 Legislative Budget Requests
The College will pursue six legislative requests for the 2026 year:
1.Campus Safety Improvements for Lockdown Readiness ($450,000)
2.Renovation of former Library Building ($2,000,000)
3. Creation of an Agricultural Sciences Program at Eustis Site ($200,000)
4.HVAC Upgrades ($430,000)
5. Creation of Early College/Youth Robotics Lab Program ($150,000)
6. CAD Lab for Construction Management Program ($250,000)
Other
President John Temple mentioned the Commissioner of Education for Florida, Anastasios Kamoutsas, will be visiting the South Lake Campus tomorrow to present a $26,996 check from the FCS Foundation to the LSSC Foundation to support student scholarships. He will be meeting with students from Nursing, Respiratory Care, and Medical Lab Tech programs and tour the campus.
Mr. David Hidalgo adjourned the meeting at 5:14 pm.
Respectfully submitted by Kailyn Simone, Recording Secretary.
DISTRICT BOARD OF TRUSTEES
LAKE-SUMTER
STATE COLLEGE SUMTER CENTER
October 15, 2025
PRESENT: Mr. Bret Jones, Board Chair, Board Members: David Hidalgo, Mr. Tim Morris, Mr. Steve Munz, Ms. Samantha Scott, Ms. Anita Geraci-Carver, Board Attorney, Mr. John Temple, LSSC President.
ABSENT: Mr. Roger Croft, Ms. Ivy Parks, Board Members.
CALL-TO-ORDER:
The regular meeting of the District Board of Trustees, Lake-Sumter State College, was called to order by Board Chair Bret Jones at 5:00 p.m. on October 15, 2025, at the Sumter Center
PUBLIC COMMENT:
No public comment cards were submitted.
CONSENT CONSIDERATIONS:
1025-01 Minutes of September 10, 2025 Facilities Committee
1025-02 Minutes of September 15, 2025 Finance Committee
1025-03 Minutes of September 16, 2025 Strategic Planning Committee
1025-04 Minutes of September 16, 2025 Student Engagement Committee
1025-05 Minutes of September 17, 2025 Regular Board Meeting
1025-06 Personnel Staff Changes
1025-07 Personnel Full-Time Faculty Changes
1025-08 Monthly Fiscal Report for September 2025
1025-09 Purchases over $65,000 for September 2025
1025-10 Capital Improvement Projects Report
1025-11 Proposed Curriculum Changes
1025-12 2025-2026 Marion County Career Pathways Agreement
1025-13 Health Insurance Rates for 2026
MOTION to approve the consent considerations 1025-01 through 1025-13, Mr. David Hidalgo SECOND, Ms. Samantha Scott, motion passed unanimously.
SCHEDULED INFORMATION REPORTS
:
LSSC President, Mr. John Temple, presented his report.
• Shared updates on the various Town Hall sessions with faculty, staff, and
students that all appeared to have similar comments and questions regarding current and future college growth, new programs, and spacing needs.
• Student enrollment number continue to increase with over 7,300 students enrolled.
• Launched CourseLeaf Path that modernized the student registration system and improves ease of use and responsiveness.
• Phi Theta Kappa inducted over 20 new students into the chapter this month.
• Welcomed 20 new full-time faculty this fall at the New Faculty Reception on the Leesburg Campus.
• Lakehawks athletics are still highly ranked with Volleyball currently ranked 19th in the nation and Men’s Cross Country also ranked 19th in the country.
• The Workforce Development Center design is under review with HuntonBrady and the assistance of Mr. Corey Warner. The College is looking into procurement and State guidelines to be compliant with this project. The plan is still in place for a proposal to be shared at the November Board meeting for review.
• Attended the State University System and Florida College System Annual Safety Summit.
• Shared Council of Presidents updates and their work on a proposed nursing bill.
Vice President Karen Hogans and Executive Director of B.S. in Elementary Education, Dr. Stephanie Luke, shared a brief update on the Education programs. There are now 71 students enrolled in the Elementary Education program and the 1st cohort of the Exceptional Student Education program is scheduled for fall 2026. A small, pilot cohort of current paraprofessionals from Lake County Schools will start in Spring 2026 as part of a teacher apprenticeship program.
The Board Attorney presented an update report related to the agreement between Orlando Health South Lake and the College, along with updates on the ProctorU contract.
Mr. Bret Jones presented the reports for the Executive Committee and the Public-Private Partnership Committee.
Mr. Steve Munz presented the report for the Facilities Committee.
Mr. Tim Morris presented the report for the Finance Committee.
Mr. David Hidalgo presented the report for the Strategic Planning Committee.
Vice President Dr. Joseph Mews presented the report for the Student Engagement Committee on behalf of Ms. Ivy Parks absence.
Ms. Samantha Scott presented the report for the Foundation Liaison.
NEW BUSINESS:
1025-18 FIRST READING OF BOARD RULE 3.09 ACADEMIC CREDIT NOT EARNED AT LSSC
Due to changes in how accreditors are recognized by the U.S. Department of Education (USDOE), references to “regionally accredited institutions” needs to be updated to match current policy and practice. The reference section was updated to a more appropriate Florida Statute to reference support of Rule. This item is for informational purposes only and will be brought back at the next meeting for a vote.
1025-19 NEW PROGRAM PROPOSAL – BACHELOR OF APPLIED SCIENCE IN CYBERSECURITY
The College is seeking approval to move forward with developing and adding a Bachelor of Applied Science in Cybersecurity. Upon approval, this will move forward with establishing and seeking state and accreditor approval, as needed, to add the academic program with an anticipated program launch fall 2027.
MOTION to approve developing and adding a Bachelor’s of Applied Science in Cybersecurity, Mr. Tim Morris, SECOND, Mr. David Hidalgo, motion passed unanimously.
1025-20 PRELIMINARY
NEW PROGRAM PROPOSAL – ASSOCIATE IN SCIENCE IN CITY/URBAN PLANNING
The College is seeking approval to move forward with exploring, developing, and adding an Associate in Science (or other applicable academic program) focused on City/Urban Planning. Upon approval, this will move forward with establishing and seeking state and accreditor approval, as needed, to add the academic program with an anticipated program launch fall 2026.
MOTION to approve exploring, developing, and adding an Associate in Science (or other applicable academic program) focused on City/Urban Planning, Mr. Tim Morris, SECOND, Ms. Samantha Scott, motion passed unanimously.
1025-21 A.A. TO B.S./B.A. CRIMINAL JUSTICE ARTICULATION AGREEMENT WITH UCF
In accordance with Florida Statute 1007.23(8), the A.A. to B.S./B.A. Criminal Justice Articulation Agreement between Lake-Sumter State College and the University of Central Florida has been revised to ensure compliance. The agreement has been updated and reviewed.
MOTION to approve A.A. TO B.S./B.A. Criminal Justice Articulation Agreement between Lake-Sumter State College and University of Central Florida as written, Mr. David Hidalgo, SECOND, Mr. Steve Munz, motion passed unanimously.
OTHER CONSIDERATIONS
:
The next regular meeting is scheduled for November 19, 2025 at the South Lake Campus.
The meeting was adjourned at 5:33 p.m.
ATTEST:
Mr. Bret Jones, Chair
Recording Secretary: Kailyn Simone
Mr. John Temple, Secretary/ College President
Personnel Staff Changes Agenda Item: 1125-06
Background/References
Per the Florida Statute 1001.64 (18), each Board of Trustees shall establish the personnel program for all employees of the Florida College System institution. Human Resources personnel transactions includes New Hires, Resignations, Retirements, and Separations that are presented to the District Board of Trustees for review.
Description
Staff New Hires:
Anna Schutzler Specialist, Athletics Operations 10/06/2025
Christian Sosa Analyst, Student Information Systems 10/20/2025
Manuel Rodriguez Facilities Technician II 10/20/2025
Elizabeth Reinemund Academic Advisor I 10/20/2025
Elizabeth Stinnett Specialist, Enrollment Services 10/21/2025
Field coordination to overhaul the fire alarm system including panel, strobes, duct detectors for the Leesburg Campus Gym, are underway. Installations are planned to start mid NovDecember 2025.
$100,000 $86,652 In planning.
Building Envelope
Roof Maintenance and Repairs
Leesburg Campus Building M Exterior Wall Refurbishment
Leesburg Campus Science-Math Roof Refurbishment
Roof Maintenance and Repairs
Sumter Center Repave, Repair, and Re-stripe Parking
Irrigation Improvements
Parking Lot Repairs and Sealing/Striping
$45,000 $0
Building exterior maintenance and repairs as needed for all Campuses.
$400,000 $0 Lake Hall and William Johnson Buildings roof mitigations and repairs in process.
$30,000 $9,258
$120,000 $5,130
A PO was issued to Faden for the restoration of the west exterior wall of Bldg. M. Scope to include cleaning, repairs to cracks, regrouting, painting and gutter repair. The project work will be scheduled this Fall.
Met with Garland early Aug. A roof scan was performed to verify the condition and confirmed that the roof will require replacement in lieu of refurbishment when the condition worsens. This work will need to be delayed at least until the next Fiscal Year due to the unbudgeted cost.
$25,000 $0 Roof maintenance and repairs as needed for all Campuses.
Paving-Grounds
$230,000 $220,115
Repaving and modifications to Parking Lots B, C & D completed end of July. Additional improvements are in planning.
$20,000 $7,705 On going as needed.
$280,000 $7,000
Several concrete repairs were completed at the Leesburg Campus late Sept., including Lake Hall sidewalk, Science-Math handicap areas, and pot-holes. A PO is in process for Paquette to resurface and restripe at the South Lake Campus, primarily around CML and Bldg.1 parking lots. This work is proposed over spring break or June.
Roofs and Building Envelope
South Lake Campus Concrete Slab Refresh
Capital Improvement Projects FY 2025-2026
November 2025 Update
Expended or PO issued as of 10/31/25
$8,000 $0 In planning.
South Lake Campus Irrigation $80,000 $0 Planning in progress.
Eustis CDL Pad and Building
Leesburg Campus Workforce Development Center
HVAC Controls
HVAC Projects (exhaust fans, air handler units, coil overhaul, etc.)
$5,750,000 $112,002
$17,070,000 $1,089,420
$120,000 $57,168
Design Development at 60% is on hold. The SJRWMD permit application is currently in process to meet a December 2025 deadline. Funding through grant is pending.
Design Development efforts completed Aug. 13, 2025. Construction Documents and recommendation for CMAR services to award are pending. Owner occupancy is projected by Fall 2027.
PO issued for Automated Logic to retrofit controls for the Leesburg Campus Student Services Building 1st floor. A proposal is also in review for the Health Science Center.
$300,000 $94,650 On going maintenance, repairs and replacements for all Campuses.
South Lake Campus Chiller Pipe Insulation $60,000 $0
South Lake Campus Bldg. 2 Transformers
Three bids were received in October for re-insulating chiller piping and equipment in the South Lake Campus Chiller Bldg. A PO is in process to award the most qualified bid.
$50,000 $0 In planning to replace three transformers inside SL Bldg.2. Quotes are cuurently in review.
Furniture and Equipment (All Campuses)
ADA Braille Room Signage
$75,000 $10,011 On going procurement as approved by leadership.
$30,000 $15,000
Currently reviewing design proposals from the sign vendor and prioritizing across multiple buildings; including Sumter Bldgs. 1&5 and Leesburg Campus SSB & Lake Hall.
Signage (All Campuses) $40,000 $1,295 In planning and programming.
College Vehicles
Athletic Complex Upgrades
Leesburg Campus Library Demolition
Leesburg Campus Safety Office Renovations
Leesburg Campus Facilities Main Office Renovations
Leesburg Campus STEM Center Flooring
Painting Projects
Capital Improvement Projects FY 2025-2026
November 2025 Update
Progress To Date
$110,000 $99,135 Acquired two vans end of July 2025. College logo have been installed on the vans.
Building Upgrades
$50,000 $20,490
A new lawn mower was purchased for the athletic fields. In planning to install electrical for Hud1 outfield cameras.
$375,000 $7,500 Faden Builders' GMP proposal approval to demo the Library is pending.
$20,000 $14,847 New flooring and painting was completed in September.
$15,000 $12,946 New flooring for the Lobby and Admin offices was completed in September.
$20,000 $0 New flooring installed August 2025 with Foundation donation funds.
$20,000 $0 In planning.
$55,000 $35,422
South Lake Campus Building-2, 1st Floor Remodel
South Lake Campus Simulation Lab Cameras and Microphones
Leesburg Campus Lake Hall and Student Services Building single use unisex restrooms flooring restoration completed early October. The main Men's and Women's restrooms in Lake Hall will receive epoxy flooring and recoating of the walls and partitions mid November. Additional restrooms are also in planning.
$160,000 $9,884 Planning to start design services. Some refresh work for the Lobby has started.
$45,000 $40,191
In planning with the Nursing and IT Teams. A PO was issued to Elevate Healthcare to install additional cameras and microphones. IT cabling will need to be installed first. All work is anticipated to complete this fall.
Proposed Curriculum Changes Agenda Item: 1125-09
Background/References
Per Florida Statute 1001.64, each District Board of Trustees is specifically authorized to adopt rules, procedures, and policies, consistent with law and rules of the State Board of Education, related to its mission and responsibilities as set forth in s. 1004.65, its governance, personnel, budget and finance, administration, programs, curriculum and instruction, buildings and grounds, travel and purchasing, technology, students, contracts and grants, or college property. The Curriculum Committee prepares a monthly report on the status of committee business.
Description
A report on the status of Curriculum Committee transactions approved by the Strategic Planning Council and the President's Executive Cabinet is attached.
Recommendation
Motion to approve the proposed curriculum changes as written
Course Modification MGF 1130
19 Credit Course Addition EGN 1007 Engineering Concepts and Methods 20 Credit Course Addition EGN 2210C Engineering Analysis and Computation
Per the Florida Statute 1001.64 (6), Each Board of Trustees has responsibility for the establishment and discontinuance of program and course offerings in accordance with law and rule.
In accordance with Florida Statute 1007.273 (1), each Florida College System institution shall work with each district school board in its designated service area to establish one or more early college programs. As used in this section, the term “early college program” means a structured high school acceleration program in which a cohort of students is enrolled full time in postsecondary courses toward an associate degree. The contract must be executed by January 1 of each school year for implementation of the program during the next school year.
Description
The 2026-2027 Early College Agreements provide access to students in Lake and Sumter Counties to the following full-time opportunities.
• Lake County
o Lake County Early College Academy
o Health Sciences Collegiate Academy
• Sumter County
o Sumter County Early College Academy
o The Villages Early College Academy
The following changes were implemented between last year and the upcoming year.
• The previous school-specific academies, which include the Criminal Justice Academy at Mount Dora High School and the AICE-to-AA Academy at Leesburg High School, have been merged into one county-wide academy where any Lake County School can participate.
• Adjusted verbiage of specific positions and timeframes to include more general language to allow for more flexibility (i.e. HSCA advisor changed to LSSC advisor).
• Updated dates on agreements to reflect the 26-27 academic year
Motion to approve the 2026-2027 Early College Agreements as written.
2026-2027 Early College Agreements Updates
Differences Between HSCA, Lake County, Sumter County, and Villages Early College Agreements.
1.Grade level enrollment eligibility of the program
Incoming freshman or junior for HSCA; incoming junior for all other programs.
2.Description of the program
Dual enrollment initial requirements the same across all programs.
HSCA, Lake County, and Sumter County has program tracks. The Villages does not.
All other sections are the same across all programs.
3.Description of the methods, medium and process by which students and parents are informed of the option to participate
The same across all programs.
4.Delivery methods for instruction
The same across all programs.
5.Student advising and progress monitoring
The same across all programs.
6.Program review and reporting
The same across all programs.
7.Funding arrangements for early college programs
All programs mention statute requirements for tuition payments.
HSCA adds additional program fees that are elaborated in HSCA operational agreement
The Villages adds the site coordinator position, including responsibilities and payment.
8.Miscellaneous
The same across all programs.
The Villages has additional legal language at the beginning and end of the full agreement that was put in when the original MOU was set.
9.Appendix
HSCA, Lake County, and Sumter County have an appendix showing curriculum of courses. The Villages does not include this appendix.
Preliminary New Program Proposal: Agenda Item:
1125-12
Associate of Science in Development and Design (FKA - City/Urban Planning)
Background/References
Per the Florida Statute 1001.64 (6), each Board of Trustees has the responsibility for the establishment and discontinuance of program and course offerings in accordance with law and rule; provision for instructional and noninstructional community services, location of classes, and services provided; and dissemination of information concerning such programs and services. New programs must be approved pursuant to s. 1004.03.
Description
During the October 15, 2025 meeting, LSSC’s Board of trustees approved moving forward with exploring, developing, and adding an Associate in Science (or other applicable academic program) focused on City/Urban Planning The planning group determined the program would be the Development and Design Associate in Science degree. As this will be a new degree in the state, a request form and accompanying documentation to add the program was submitted to the Division of Florida Colleges October 31, 2025.
Recommendation
Motion to approve the continued development and implementation of the Development and Design Associate in Science degree focused on City/Urban Planning with the expectation it will begin in the 2026-27 academic year.
PRESIDENT’S REPORT
VICE PRESIDENT’S REPORTS
Institutional Advancement Division
Update for the President and District Board of Trustees
November 2025
Dr. Laura Byrd, Executive Vice President, Operations, Institutional Advancement
Access:
• The LSSC Foundation received 1,288 scholarship applications for Spring 2026 and plans to award $500,000 in scholarships.
• The 2026 Annual Campaign has raised $147,900, of which $44,132 has been donated by 40% of the LSSC Faculty & Staff. The Foundation has reached 54% of the overall campaign goal of $275,000.
• The LSSC Foundation hosted the 2025 Monster Dash on Saturday, October 25, 2025. This years’ event had the largest group of registrants & volunteers to date with more than 400 supporters! The fundraising goal was exceeded by 3%, raising a total of $21,714.
• Giving Tuesday is coming soon, 12/2/25! Help make an impact on Student Success by donating!
• The Annual Shamrock Shuffle is scheduled for Saturday, March 7, 2026 on the South Lake Campus. Please help support this event by participating, volunteering, or sponsoring. See a Foundation staff member for more info.
• The 40th Annual Gala: Ruby Ball will be on Friday, April 10, 2026, at the Brownwood Hotel & Spa. Sponsorships are available but will sell out soon! The LSSC Foundation is also accepting silent and live auction items. The Foundation is planning for the best Gala yet!
Student Learning & Success:
• The Production team produced a video titled “This is Why We Give” to spotlight the Foundation’s 2026 Annual Campaign.
• The Production Team is also currently working on interviews with South Lake Cares, Lake Cares and the Wildwood Soup Kitchen for an episode of “Heart of Lake and Sumter” to discuss food insecurity.
• The Foundation will celebrate the past year of scholarship recipients and the donors that made it possible at the Annual Scholarship Dinner on Tuesday, February 24, 2026. Please plan to attend.
• The LSSC Foundation received $15,000 from the Florida Blue Foundation to help fund the Lake Hawk Harvest Food Pantry.
Workforce Development:
• Welbro Construction hosted an annual employee and vendor benefit event and has directed the proceeds of $17,215 to the Construction Management program to support students through a scholarship.
GIFTS AND CONTRIBUTIONS RECEIVED
September 1, 2025 – September 30, 2025
$179,520.78 October 1, 2025 – October 31, 2025 $170,593.84
Academic Affairs Division
Update for the President and District Board of Trustees
• Dr. Roland Nuñez led a dual enrollment training for Lake County Middle and High School counselors to instruct them on LSSC organizational changes, updates to dual enrollment policy, and best practices for working with dual enrollment students and families.
• President Temple submitted two Specialized Associated in Arts Transfer to UCF degree proposals (one for Biology and one for Health Sciences) to the Division of Florida colleges on October 17, 2025 The proposals are scheduled to be considered by the State Board of Education during their March or April 2026 meeting.
• A request was submitted to the Division of Florida Colleges on October 31, 2025, to offer the Associate in Science Development and Design degree next academic year (the working title of the program was “City/Urban Planning”; development and implementation of the program was approved by the LSSC Board of Trustees October 15, 2025).
Student Learning & Success:
• Student Accessibility Services staff sponsored two College transition fairs on September 30 and October 2. There were 22 vendors for the fairs and they highlighted services to students with disabilities.
• The Learning Centers have completed their application for recertification for the College Reading and Learning Association (CRLA). The International Tutor Training Program Certification (ITTPC) certifies the training program, allowing the center to then certify its peer tutors.
• On October 15, 2025, Communications Department faculty Courtney Green and Kristine Walsworth assisted Beverly Gibson from LSSC Learning Services in hosting a Peer Review Workshop at the South Lake Writing Center in Cooper Memorial Library.
Workforce Development:
• HSCA held an Orlando-Health hosted summit where students had the opportunity to engage with Orlando Health representatives from Urology, EMS, Air Care Team, Lake County Fire Crew, and the hospital foundation
Learning & Work Environment:
• Dr. Megan Cavanah, Dean of Math and Dr. Deep Kundu, Lecturer of Mathematics attended UCF’s Fall 2025 Engineering Curriculum Alignment meeting on Friday, October 31.
• On November 5, the Speech Department, Heather Elmatti, Amy Schwab, Toni Upchurch, and Brandon Thigpen, hosted Open Mic events at both the Leesburg campus (Science-Math Pavilion) and South Lake campus (Sails Pavilion). The event was open to all faculty, staff, and students, and attendees were encouraged to perform original music, poetry, or readings, or to read other works during the open mic.
• The Department of Teaching and Learning (DTL) established a DTL-LSSC YouTube Channel and has begun to host all faculty training videos on that site.
• The Department of Teaching and Learning hosted Adjunct Academy training (attended by 43 faculty real-time and 10 faculty asynchronously) focused on NotebookLM, a tool used to facilitate instruction.
• Academic Affairs leaders attended the first convening of the FranklinCovey program Change: How to Turn Uncertainty into Opportunity, a three-part course that allows participants to explore practical strategies for responding to uncertainty with confidence, supporting employees through transitions, and modeling the mindset needed to help the College continue to thrive.
Enrollment & Student Affairs Division Update for the President and District Board of Trustees
November 2025
Dr. Joseph Mews, Vice President, Enrollment & Student Affairs
Enrollment Summary:
As of November 7, Fall 2025 enrollment stands at a record-high 7,288 student headcount, an increase of 19.5% (+1,189) compared to this time last year. Full-time equivalency (FTE) is trending ahead by 21.6%. Spring 2026 enrollment stands at 4,067 headcount, representing a 25.9% increase (+837) over this time last year. Admission application windows for Spring 2026, Summer 2026, and Fall 2026 terms are open.
Access:
New Student Recruitment & Enrollment:
• Spring 2026 applications are ahead by 81.4% (+616).
• Hosted Open House events at all four locations in October and November (Four Corners on 10/29, Leesburg on 11/6, South Lake on 11/12, and Sumter on 11/13).
Financial Aid:
• Completed Financial Aid Fee State reporting for the 24-25 Fiscal Year
• 25-26 FAFSA submissions are up to 6,958 – an increase of 23.1% over last year (+1,304). Seventy-four percent of students are Pell eligible
Student Learning & Success:
Advising, Retention, & Graduation:
• Fall-to-spring retention is up to 47.7%, trending ahead of last year by 2.4 percentage points.
• Will hold two Fall 2025 graduation commencement ceremonies: December 10 at the Clermont ARC, and December 11 at the Leesburg Campus (both start at 5 PM). Received 435 graduation applications, and so far, 149 have RSVP’d to attend the ceremonies (expected to grow to over 250).
Athletics:
• Volleyball finished with an all-time program best 23-5 record in the regular season and ranked 23rd in the nation in the latest NJCAA poll. They finished runner-up in the FCSAA/Region tournament, which took place Nov. 7-8 in Ft Pierce.
• The Men’s and Women’s Cross Country teams finished the season ranked 14th and 25th in the national polls, respectively. They competed in the NJCAA National Championships in Iowa on Nov. 8. The Men’s team finished 21st and the Women’s team 29th overall.
Student & Career Engagement:
• Spirit Week ran Oct. 25-31 and drew over 600 participants across campuses and online.
• SGA officers will attend a statewide conference in Miami, Nov. 13-15, including training and certification; Activities Specialist Michael Worden will present on ethical leadership.
• New career center is set to open in Leesburg next to the food pantry. The Career Development team hosts weekly workshops and provides career readiness support to prepare students.
• This fall, 43 students have completed internships, and 64 students are working at the college.
Student Support & Wellbeing:
• Responding to Students in Distress presentation and open forum discussion was facilitated by Dean of Students, Carolyn Scott, and Director of Student Wellness, Dr. Maureen Miller, as a part of the Faculty Learning Network on October 17.
• Fall candidates for the prestigious Order of the Lakehawk award completed their application and interview process this month.
Facilities Planning and Operations Division Update for the President and District Board of Trustees
November 2025
Thom Kieft, Vice President, Facilities Planning and Operations
Learning & Work Environment:
Leesburg Campus
• Renovations have commenced in the Lake Hall restrooms. These renovations include new epoxy floors and modifications to the wall tile color. Sinks will get replaced as well with new LED lighting.
• Renovations in the Health Sciences Center to accommodate office space for two new clinical coordinators have been completed.
• Repairs to a metal section of the Lake Hall roof have been completed.
• Plans are underway to switch vendors to service the chiller plant including the three chillers, four cooling towers, eight chiller pumps, and three secondary pumps.
• The Executive Director of Campus Safety attended an Active Shooter Response webinar
• Bear, the Campus Safety therapy dog, provided two Paws and Relax events and attended Halloween events.
South Lake Campus
• Some old valves at the Science-Health Building chiller plant have been replaced.
• In Bldg. 2, HVAC controls are being replaced for the chiller and 1st floor air handler unit.
• Roof repairs have been made on the roof in Bldg. 2 above classroom 301.
• Irrigation time clocks were replaced due to a lightning strike.
• Multiple offices had walls painted in between staff leaving the college and new staff commencing work at LSSC.
Sumter Center
• Renovations to the former biology lab 1114 in Bldg. 1 are underway. This project included the removal of cabinetry and water lines/drains for the sinks. Data drops will be completed for the computer connection and new computers are being purchased. The floor in the room will be stripped and waxed prior to computer tables being moved into the AutoCAD lab.
Financial Services Division
Update for the President and District Board of Trustees
November 2025
Michelle Matis, Vice President, Finance and Chief Financial Officer
Learning and Work Environment:
• Work continues on the financial audit of FY25.
• Accounting continues to participate in workshops through COBA on implementing GASB changes that will be implemented in FY26. This includes changes in how revenues will be presented and changes to the MD&A report.
• Participated in COBA Steering Committee meetings to plan Winter COBA meeting in January in Orlando.
• Payroll is updating health insurance rates and preparing for changes employees elected during benefits open enrollment. New rates/plans take effect Jan 2026 with payroll deductions taking effect in December.
• Student Accounts is monitoring 464 students who are enrolled in Fall and still have balances due for tuition. Total unpaid tuition is $523,828.
• Working on changes to the credit card training course for all cardholders. Changes will include making the training required on an annual basis instead of biennial.
Student Learning and Success:
• Campus store sales for the month of October totaled $9.520.
• Finalized and published RFQ 26-02 for Architectural and Engineering Services for Health & Human Performance Building at SL. The question period ended Oct 28 and answers were provided online Oct 30. Deadline for submissions is Nov 18 at 2pm. The selection committee will meet in December with the goal of bringing a recommendation to the DBOT in January 2026.
Technology Innovation Division
Update for the President and District Board of Trustees
November 2025
Nick Kemp, Vice President, Technology Innovation and Chief Information Officer
Learning and Work Environment:
• LSSC selected as a Top 200 institution in the Aspen Prize for Community College Excellence; Aspen student success data pulled and validated, maintaining competitiveness, reinforcing a college-wide data quality culture, and ensuring on-time delivery required to advance in the process
• Delivered hands-on assessment workshops linking assignments to PSLOs/ISLOs, aligning rubrics, and leveraging BI dashboards, resulting in faculty improvements that boosted assignment-tooutcome links from 42% to 80% and increased the reliability of student learning outcome data.
• Over 45,000 phishing emails and cyberattack attempts intercepted and processed in the month of October alone, contributing to more than 1 million mitigated threats since program inception.
• Ongoing investment in security protocols and awareness training has established a strong cybersecurity culture, with increased reporting of suspicious emails resulting in reduced organizational risk.
• Completed, reviewed, and submitted cyberinsurance application, securing comprehensive coverage and strengthening operational resilience through clear processes and alignment with security protocols
• PantrySoft implemented college-wide, streamlining campus food pantry access, enhancing privacy, improving inventory management, and supporting faster service for increased student participation and satisfaction.
• Successfully launched CourseLeaf PATH a next-generation student registration platform delivering modern, intuitive tools for class planning and enrollment, reducing barriers to student success, and earning positive early feedback for ease of use and responsiveness.
• Advanced student classification categories implemented within PowerBI, enhancing enrollment reporting accuracy and enabling precise retention and compliance analysis through refined categorization logic and script updates aligned with ERP Banner coding.
• Apex Admissions application fully deployed and in active use, supporting record-setting student onboarding; ongoing development and support for Dual Enrollment application maintain momentum, address user feedback, and ensure operational readiness for the next cycle.
• Ubiquiti antennas, switch, wireless access points, and security cameras installed at the Sumter Pavilion providing wireless internet and enhanced security, eliminating the need for ground excavation for fiber and saving several thousand dollars in project costs.
• InformaCast IP speaker rollout advancing on all campuses with 30 CAT6 drops installed and tested; 30 outdoor speakers supplied. 90% of this project is complete.
BOARD ATTORNEY'S REPORT
AnitAGerrlci-(?lrver ESQUIRE
LAW OFFICE OF ANITA GERACI-CARVER, PA
November 11, 2025
District Board of Trustees for Lake-Sumter State College 9501 U.S. Highway 441 Leesburg, Florida 34474
Re: Board Attorney Report for November 19, 2025
Dear Trustees:
Below is an update on several matters of interest to the Board.
Notice of Charge of Discrimination; EEOC Charge No. 510-2024-04846. A former employee filed a charge of discrimination with the U.S. Equal Employment Opportunity Commission alleging discrimination based on National Origin, and involve issues of terms/conditions, promotion, discharge that are alleged to have occurred on or about January 29, 2024. Attorney Brian Koji is representing the College in this matter. The EEOC dismissed the charge. This item will be removed from future reports.
Brittany Whittemore as parent and natural guardian of L M, a minor v. PFXA Inc. and Independent Sports Association LLC ISA, Lake County Case No. 35-2024-CA-001404. This case was filed in July of 2024 against PFXA Inc. and Independent Sports Association LLC ISA. The complaint alleges Negligence against PFXA, Inc. for negligently designing, placing, and maintain the practice pitch area without adequate protective measures and alleges as a result L.M. was struck by a wild-practice pitch while walking to a designated spectator area causing L.M. to suffer injuries and damages. Attorney Rick Mitchell of GrayRobinson, P.A. is assigned to defend the College. Plaintiff filed an amended complaint on August 24, 2025 adding additional parties. On September 5, 2025 attorney Mitchell filed an Answer and Affirmative Defenses on behalf of the College. Other named defendants are in the process of filing responsive pleadings. On October 22, 2025 the Plaintiff served the College with Interrogatories to answer. Attorney Mitchell will coordinate with the College to respond.
Kelly McLean v. Lake Sumter State College Foundation, Inc., Board of Trustees, a/k/a Lake-Sumter College. Lake County Case No. 2024-CA-002270. A former employee filed an action under the Florida Civil Rights Act for claims of discrimination based on her disability and retaliation claims of Family Medical Leave Act interference and retaliation. The Consortium assigned attorneys Mark E. Levitt and Howard M. Waldtnan to represent the College. On July 3, 2025 attorney Levitt filed an Answer and Affirmative Defenses on behalf of the College.
Lake Sumter State College
• November 11, 2025
Page 2 of2
Mediation is scheduled on January 13, 2026 at 1:00 pm with mediator Michelle Jernigan, Esq. A closed session meeting with the Board of Trustees can be scheduled to occur prior to mediation.
Sheila Williams v. Lake ~umter State College, Lake County Case No. 35-2025-CA-001358-A. A former employee filed a complaint alleging disability discrimination and failure to accommodate, both under the Forida Civil Rights Action of 1992. A Case Management Order was entered on August 26, 2025. The Consortium did not assign the case to attorney Koji until after a clerk's default was entered. On October 30, 2025 attorney Koji filed a Motion to Set Aside Clerk's Entry of Default, and also filed an Answer and Affirmative Defenses. A hearing is scheduled on December 15, 2025 before the Honorable Judge Baxley on the College's motion to set aside.
Notice of Charge of Discrimination: EEOC: 15D-2025-01049;. An employee filed a complaint of employment discrimination with the Florida Commission on Human Relations for alleged violations "on the basis and issues of ADA, failure to accommodate, harassment and intimidation. The claim has been filed with the Consortium and the College consulted with attorney Brian Koji. Attorney Koji filed a response on August 25, 2025 on behalf of the College stating that the charges are without merit and requesting the Commission dismiss the charges. The employee resigned September 19, 2025. This charge remains pending before the FCHR.
If you have any questions, please feel free to call me. I look forward to seeing you at the Board meeting.
Respectfully submitted,
Anita Geraci-Carver
cc: John Temple, President
BOARD COMMITTEE REPORTS
I. Executive Committee – Mr. Bret Jones
II. Facilities Committee – Mr. Steve Munz
III. Finance Committee – Mr. Tim Morris
IV. Private-Public Partnerships Committee – Mr. Bret Jones
V. Strategic Planning Committee – Mr. David Hidalgo
VI. Student Engagement Committee – Ms. Ivy Parks
VII. The LSSC Foundation, Inc. Liaison – Ms. Samantha Scott
NEW BUSINESS
Annual Recertification of DSO Agenda Item: 1125-17 and
Approval of Officers and Directors
Background/References
Per Florida Statue 1004.70, a “Florida College System institution direct-support organization” is an organization that is:
1. A Florida corporation not for profit, incorporated under the provisions of chapter 617 and approved by the Department of State.
2. Organized and operated exclusively to receive, hold, invest, and administer property and to make expenditures to, or for the benefit of, a Florida College System institution in this state.
3. An organization that the Florida College System institution board of trustees, after review, has certified to be operating in a manner consistent with the goals of the Florida College System institution and in the best interest of the state.
LSSC Board Rule 1.07 states the District Board of Trustees shall annually approve all direct support organizations (DSO).
Description
Annual re-certification of The LSSC Foundation, Inc. as a direct support organization for LakeSumter State College.
At the July 23, 2025 Lake-Sumter State College Foundation Quarterly Board meeting, the Board approved and recommends to the District Board of Trustees the 2026 slate of Foundation Officers and Directors:
Officers:
Directors:
Michelle Michnoff, President Shayna Grunewald Deputy Chief Michael McMaster, President-Elect Kandy Medlen John George, Vice-President Stacie Price
Sheri Olson, Treasurer John Smith
Josh Gonzales, Past President Carl Specci
Samantha Scott, Trustee Liaison
Dr. Laura Byrd, Secretary
John Temple, LSSC President
Sybil Brown, Faculty Liaison
Recommendation
Motion to approve the re-certification of The LSSC Foundation, Inc. and 2026 Foundation Board Officers and Directors as written.
Per Florida Statue 1004.70, each district board of trustees is authorized to manage and oversee direct support organizations that are organized and operated exclusively to receive, hold, invest, and administer property and to make expenditures to, or for the benefit of, a Florida College System institution in this state.
Description
The Lake-Sumter State College Foundation, Inc. Board approved the 2026 budget to include inkind contributions from the College It is now being presented to the LSSC District Board of Trustees for approval.
Recommendation
Motion to approve the LSSC Foundation, Inc. 2026 Budget as written.
Lake-Sumter State College Foundation 2026 Operating Budget
General Operating Budget
Personnel Calendar 2026-2027
Background/References
Item: 1125-20
Florida Statute 1001.64 (18) states that Florida College System Board of Trustees has authority for the establishment of the personnel program for all employees, including hours of work.
Description
Each year the personnel calendar for the upcoming fiscal year is brought to the District Board of Trustees for approval including the following:
• 24 paid days when the College is closed
o Employees receive 9 paid holidays out of 11 Federal holidays along with additional time off as outlined in the attached document.
• Four-Day Summer Work Week Schedule
o For Summer 2026, beginning May 11 through July 31, staff employees will still work a total of 37.5 hours for four days. The same will apply for Summer 2027 from May 10 through July 30. The proposed personnel calendar for year 2026-27 is presented for review and approval.
Recommendation
Motion to approve the 2026-2027 Personnel Calendar as written
202 6- 202 7 PERSONNEL CALENDAR
Thursday, July 2, 2026
Monday, September 7, 2026
Wednesday, November 11, 2026
College Closures
Wednesday, November 25 – Sunday, November 29, 2026
Saturday, December 19, 2026 – Sunday, January 3, 2027
Monday, January 18, 2027
Friday, February 5, 2027 (workday)
Sunday, March 21, 2027 – Sunday, March 28, 2027
Monday, May 31, 2027
Monday, July 5, 2027
Work Periods
Independence Day
Labor Day
Veterans Day
Thanksgiving Break
Winter Break
Martin Luther King, Jr., Birthday
LSSC Day of Service
Spring Break
Memorial Day
Independence Day
Staff/Non-Instructional Faculty Wed, July 1, 2026 – Wed, June 30, 2027
Fall 2026 Instructional Faculty Mon, Aug 17 – Sat, Nov 28
Final Exams Mon, Nov 30 – Sat, Dec 5 Tues, Aug 11 – Fri, Dec 11 (84)
Spring 2027 Instructional Faculty Mon, Jan 11 – Sat, April 24
Final Exams Mon, April 26 – Sat, May 1 Tues, Jan 5 – Fri, May 7(83)
Summer A 2027 – 11 - month Instructional Faculty Mon, May 10 – Sat, June 26 Mon, May 10 – Mon, June 28 (35)
Summer AE 2027 – 12 - month Instructional Faculty Mon, May 10 – Sat, Aug 7 Mon, May 10 – Mon, Aug 9 (65)
Summer B 2027 – 11 - month
Instructional Faculty Mon, June 28 – Sat, Aug 7 Mon, June 28 – Mon, Aug 9 (30)
Summer 2027 Four Day Work Week (Monday – Thursday) Monday through Friday Mon, May 10 through Fri, July 30
*July 5th, 2027 is excluded from duty days. Fall 2026 grades due Monday, Dec 7 by noon, Spring 2027 grades due Monday, May 3 by noon, Summer A grades due Monday, June 28 by noon, Summer AE & B grades due Monday, Aug 9 by noon
The District Board of Trustees is authorized to establish rules in accordance with the Administrative Procedures Act (Florida Statutes 1001.64) that insure proper operation, improvement, and management of the College consistent with the rules adopted by the State Board of Education.
Description
Due to changes in how accreditors are recognized by the U.S. Department of Education (USDOE), references to “regionally accredited institutions” needs to be updated to match current policy and practice.
The reference section was updated to a more appropriate Florida Statute to reference support of Rule.
Recommendation
Motion to approve the updated Board Rule 3.09 Academic Credit Not Earned at LSSC as written.
LAKE-SUMTER STATE COLLEGE BOARD RULE
TITLE: Academic Credit Not Earned at Lake-Sumter State College
AUTHORITY: Florida Statutes 1007.263; 1007.27
HISTORY: New - 5/19/99 AMENDED: 3/22/05, 10/20/09
REFERS TO ADMINISTRATIVE PROCEDURE NUMBER 4-17
NUMBER: 3.09
PAGE: 1 of 1
a. The District Board and the President have determined that the award of college credit shall be based on the standards of good practice in accordance with the following organizations:
1. Southern Association of Colleges and Schools;
2. American Council on Education;
3. American Association of Collegiate Registrars;
b.a. Admissions Officers Florida Association of College Registrars and Admissions Officers.and in alignment with the Florida and U.S. Department of Education regulations.
c.b. Credit for coursework taken on a noncredit basis or from a non-regionally accreditedat another institution may be awarded when there is documentation that the noncredit coursework is equivalent to a credit course(s) offered by Lake-Sumter State College.
d.c. The President or designee shall establish the procedures to evaluate and award college credit for all types of transfer work.
First Reading of Board Rule 2.02
Non-Discrimination
Background/References
Item: 1125-22
The District Board of Trustees is authorized to establish rules in accordance with the Administrative Procedures Act (Florida Statutes 1001.64) that insure proper operation, improvement, and management of the College consistent with the rules adopted by the State Board of Education.
Description
Board Rule 2.02 needs to be updated to comply with findings from a 2025 On-Site Civil Rights Compliance Review by the Florida Department of Education. This update reflects the updated non-discrimination statement and removes any reference to gender.
Recommendation
This item is for informational purposes only.
TITLE: Non-Discrimination
LAKE-SUMTER STATE COLLEGE BOARD RULE
AUTHORITY : Title VII, Civil Rights Acts of 1964, Title IX of the Education Amendments of 1972, The Florida Civil Rights Act, The Clery Act, The Violence Against Women Act, F.S. 1000.05.
1. The District Board of Trustees affirms adherence to equal access/equal opportunity in accordance with the provisions of the Florida Educational Equity Act (FS1000.05), Title IX and all other relevant state and federal laws, rules, regulations and executive orders.
2. Lake-Sumter State College is committed to non-discrimination based on race, color, sex, ethnicity, gender, national origin, age, disability, genetic information, marital status, veteran status, religion, sexual orientation, political affiliation and pregnancy. This commitment applies in all areas to applicants, visitors, students, faculty, administrators, staff, and others affiliated with the College.Lake-Sumter State College assures civil rights for its students, employees, visitors, and contractors. LSSC prohibits discrimination on the basis of race, color, national origin, ethnicity, sex, age, disability, marital status, pregnancy, veteran status, religion, sexual orientation, or genetic information in any of its programs, activities, employment, and contracts.
3. The President shall provide equal access and equal opportunity for all services made available by the College and to conduct all employment programs, policies and practices, educational programs, training and activities in a non-discriminatory manner.
4. The President or designee shall provide for hearing and responding to complaints dealing with alleged misconduct and/or discrimination made by an employee, a student, an outside contractor, an applicant for employment, admission to the College and all others affiliated with the College.
5. The President or designee shall ensure that College rules and procedures are established and implemented that identify specific actions to ensure the safety and security of all affiliated with and/or in attendance at any College sponsored, College-affiliated and College sanctioned activities and events in accordance with all relevant state and federal laws, rules, regulations and executive orders.
6. The District Board of Trustees intends that a prompt and equitable resolution of any allegation be reached through a procedure (process) that is free of coercion, interference, restraint, discrimination, retaliation, harassment or reprisal and that affords the complainant adequate opportunity to resolve the complaint.
2025-2028 Orlando Health South Lake Agenda Item: 1125-23
Termination of Gateway Sign Agenda Item: 1125-24 Easement Agreement
Background/References
Per the Florida Statute 1001.64, each Board of Trustees shall have responsibility for the use, maintenance, protection, and control of Florida College System institution owned or Florida College System institution controlled buildings and grounds, property and equipment, name, trademarks and other proprietary marks, and the financial and other resources of the Florida College System institution.
Description
At the Leesburg Campus, there were two signs located within the U.S. Hwy 441 Right of Way. The signs were permitted through an easement that allowed the College to build and maintain the signs within the right of way. After the College built the new digital sign, the signs in the right of way were no longer appropriate. The signs were removed at the expense of the developer of the adjacent property across College Drive, pursuant to an agreement negotiated through the Contract Administrator’s Office. There is no longer a need for the easement and it should be terminated. There are no other college owned or maintained items such as water lines, sewer lines or electrical conduits located within the easement. This is merely cleaning up an issue in order to prevent it from causing a concern in the future.
Inquiry for Leesburg Property Agenda Item: 1125-26
Purchase
Background/References
The District Board of Trustees is vested with the responsibility for cost-effective policy decisions appropriate to the Florida College System institution’s mission and the implementation and maintenance of high-quality education programs within law and rules of the State Board of Education.
Per Florida Statutes 1001.64, each District Board of Trustees may purchase, acquire, receive, hold, own, manage, lease, sell, dispose of, and convey title to real property, in the best interests of the Florida College System institution.
Description
The College has received an unsolicited inquiry regarding the potential purchase of a parcel of property located within the Leesburg Campus. The District Board of Trustees has no obligation to respond or consider this request.
Recommendation
This item is for informational purposes only.
Letter of Interest Partnership Proposal Agenda Item: 1125-27 for Film & Media Studio with DJK-KJD
Section 1001.64, Florida Statutes vests responsibility for the administration of the facilities program with the District Board of Trustees.
The former Library (Bldg #6) on the Leesburg Campus was constructed in 1965 and is 60 years old. The Florida Department of Education considers the useful life of a facility to be 50 years.
In March 2023, the District Board of Trustees approved demolition following the report from SchenkelShultz Architecture and Matern Engineering who performed building assessments and calculations for Buildings 3, 6, and 13 on the Leesburg Campus with the conclusion that it is more cost effective for the three buildings to be razed and replaced, instead of being renovated or remodeled. Following this approval, the Florida Department of Education (FLDOE) approved the change in building condition to “to be razed”.
During the same time period, remodeling plans for the Library building were not pursued by the DBOT who instead focused on the construction of the new Workforce Development Center.
The DBOT approved a spot survey recommendation to raze the building in June 2024. FLDOE approved this submission, allowing the building to be demolished.
The approval Fiscal Year 2025-26 Capital Projects spending plan includes $375,000 for the building demolition.
Description
This project amount exceeds $195,000 requiring prior approval of the District Board of Trustees. Faden Builders, Inc., one of the two approved firms to be contracted with as Construction Manager At Risk on continuing contract, has submitted the guaranteed maximum price (GMP) of $368,000.
This GMP includes major abatement of asbestos containing materials (ACM) which needs to be removed by specially trained vendors. There is over 12,000 sq. ft. of ACM in the building primarily from the black mastic in the flooring but also ACM in window caulking and ductwork. This GMP also covers replacing 400 ft of sidewalk from the former library to parking lot A as well as sod installation and irrigation system expansion once the building is removed. Supporting documentation includes additional information.
It is recommended to award the project to Faden Builders, Inc. for $368,000.
This item is being brought back from the September District Board of Trustees meeting for consideration
Recommendation
Motion to approve the Leesburg Campus Former Library Building 6 Demolition Guaranteed Max Price as written
Leesburg Campus Workforce Agenda Item: 1125-29
Development Center RFQ 26-01
CMAR Selection
Background/References
Florida Statutes 1013.45, 287.055, and the State Requirements for Educational Facilities speak to the advertising, awarding contracts, and prequalification of contractors. Progress continues on the Leesburg Campus Workforce Development Center project. HuntonBrady has begun architectural and engineering design development. The next phase of this project is the solicitation of construction management services for facility construction.
Description
LSSC issued RFQ 26-01, Request for Qualifications for Construction Manager at Risk & Preconstruction Services for the Workforce Development Center. LSSC received five responses to the RFQ. The submission packages were reviewed by a committee in a two-step process which combined the scores of the written material submitted with the scores from the subsequent presentation/interviews conducted to arrive at a ranked short-list of the applicants. The shortlisted contractors in rank order were determined to be the best for meeting the needs for this project. The following short-listed contractors are:
1. Skanska
2. Pirtle
3. Welbro
It is recommended that the ranked short-list of contractors be approved and authority delegated to the president and president’s designees to enter into contract negotiations with the highest ranked contractor for the preconstruction and construction of the Workforce Development Center. Should negotiations be unsuccessful with the top ranked contractor, negotiations will be terminated and shall progress in rank order of the contractors until successful contract negotiations are accomplished.
This item is being brought back from the September District Board of Trustees meeting for consideration.
Recommendation
Motion to approve the ranked short-list of contractors and authority delegated to the president and president’s designees to enter into contract negotiations with the highest ranked contractor for the preconstruction and construction of the Workforce Development Center as written.
Back to agenda ITEM: 1125-29
Lake-Sumter
State College
DISTRICT BOARD OF TRUSTEES
Mr. Bret Jones, Chair
Mr. Roger Croft
Ms. Anita Geraci-Carver, Board Attorney
Mr. David Hidalgo
Mr. Timothy Morris, Vice Chair
Mr. Steven Munz
Ms. Ivy Parks
Ms. Samantha Scott
Mr. John Temple, LSSC President
Transforming lives and futures throughout our community
SUPPLEMENTAL DOCUMENTS
ITEM: 1125-10
October 8, 2025
Lake-Sumter State College Foundation, Inc.
9501 US Hwy 441
Leesburg, FL 34788
Board of Directors
Enclosed are the original and one copy of the 2024 exempt organization return, as follows...
2024 Form 990
Please be sure to read the attached Tax Return Engagement Memorandum. We suggest that you examine these returns carefully to fully acquaint yourself with all the items contained therein to ensure that there are no omissions or misstatements. Attached are instructions for signing and filing each return. Please follow those instructions carefully.
The original return should be dated, signed and filed in accordance with the filing instructions. The copy should be retained for your files.
Also enclosed is any material you furnished for use in preparing the returns. If the returns are examined, requests may be made for supporting documentation. Therefore, we recommend that you retain all pertinent records for at least seven years.
In order that we may properly advise you of tax considerations, please keep us informed of any significant changes in your financial affairs or of any correspondence received from taxing authorities.
If you have any questions or if we can be of assistance in any way, please do not hesitate to call.
Very truly yours,
DRAFT
Purvis Gray & Company, LLP
TAX RETURN ENGAGEMENT MEMORANDUM
We appreciate the opportunity to serve you and prepare your tax return. This memorandum is to inform you of important matters related to that preparation and remind you of some important responsibilities placed on you as the taxpayer. Please read this carefully before signing your return.
Your tax return was prepared using information you provided. We have not audited or independently verified the data you furnished even though we may have asked for further clarification on some of the information, even if we issued an auditors' or accountants' report on your financial statements. It is your responsibility to provide all the information required for the preparation of complete and accurate returns. You should retain all the documents, canceled checks and other information that form the basis of income and deductions. This includes documents we returned to you. Such documentation may be necessary to prove the accuracy and completeness of the return to a taxing authority.
Your returns are subject to review by taxing authorities. Any items resolved against you by the examining agent are subject to certain rights of appeal. In the event of an examination, we will be available to represent you, billing you for such services at our standard hourly rates.
Generally, no deduction shall be allowed for any travel expense, business gifts, or for the use of "listed property," unless the taxpayer can substantiate the business use or purpose by adequate records or sufficient evidence. For a meal deduction, the records must document the amount, time, place and business purpose. The term "listed property" includes property subject to business and personal use, e.g., automobiles, boats, airplanes, portable telephones and home computers. Failure to comply with these requirements can result in the disallowance of the deductions and in the assessment of substantial penalties. Our understanding is that the information you provided is supported by records required.
DRAFT
Special documentation requirements apply when deducting certain charitable contributions. Examples of these requirements include (1) certain contributions of $250 or more must be supported by a written acknowledgement from the charitable organization; (2) a deduction of $500 or more of a motor vehicle, boat, or airplane requires an attached statement to your return; and (3) certain noncash contributions of $5,000 or more may require a timely prepared "qualified appraisal" or the deduction will be disallowed. We have not attempted to verify your records regarding charitable contributions, even though we may have asked you for clarification or additional details while preparing the return.
The law provides for a number of penalties which may be assessed by the Internal Revenue Service or other tax authority. A complete list of those penalties is not included herein, but please be advised that a penalty may apply if (1) there is a late payment of tax; (2) there is a failure to timely file the return; or (3) there is a failure to make timely and adequate estimated tax payments. Also, a 20% penalty may be applied if there is (1) negligence or disregard of the rules and regulations; (2) a substantial valuation overstatement; (3) a substantial estate or gift valuation understatement or (4) there is a substantial underpayment of income tax. A substantial underpayment generally is one that exceeds the greater of 10% of the correct tax for the year or $5,000 ($10,000 in the case of a "C" corporation).
Starting January 1, 2024, a significant number of businesses will be required to comply with the Corporate Transparency Act ("CTA" or "the Act"). The CTA was enacted as part of the National Defense Act for Fiscal Year 2021. The CTA mandates that millions of entities report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN). Please be advised that Purvis,
Gray and Company does not provide this service. We shall have no liability resulting from your failure to comply with the CTA. Information regarding the BOI reporting requirements can be found at https://www.fincen.gov/boi. Consider consulting with legal counsel if you have questions regarding the applicability of the CTA's reporting requirements and issues surrounding the collection of relevant ownership information.
As taxpayer, you have the final responsibility for the tax return. You should carefully review any return before you sign and file such return. After you review your return, if you find that you did not provide us with all necessary information or there is a possibility that information provided may not be in accordance with the appropriate guidelines, please contact us immediately to discuss such matters before filing the tax return since revisions may be required.
Once again, thank you for the opportunity to be of service.
Purvis, Gray & Company, LLP
DRAFT
Prepared For:
TAX RETURN FILING INSTRUCTIONS
FORM 990
FOR THE YEAR ENDING December 31, 2024
Lake-Sumter State College Foundation, Inc.
9501 US Hwy 441
Leesburg, FL 34788
Prepared By:
PURVIS, GRAY & COMPANY, LLP
2347 SE 17th St Ocala, FL 34471
Amount Due or Refund:
Not applicable
Make Check Payable To:
Not applicable
Mail Tax Return and Check (if applicable) To:
Not applicable
Return Must be Mailed On or Before:
Not applicable
Special Instructions:
This return has qualified for electronic filing. After you have reviewed the return for completeness and accuracy, please sign, date and return Form 8879-TE to our office. We will transmit the return electronically to the IRS and no further action is required. Return Form 8879-TE to us by November 17, 2025
X X 2,726,838. 156,673. 2,043,752. 368,166. 10/08/25
EARLY COLLEGE AGREEMENT BETWEEN SCHOOL AND THE DISTRICT BOARD OF TRUSTEES, LAKE-SUMTER STATE COLLEGE
The Early College Agreement is entered into by and between the SCHOOL, (“PARTNER SCHOOL”) and the Lake-Sumter State College District Board of Trustees (LSSC) concerning the EARLY COLLEGE ACADEMY. The Agreement shall govern the eligibility and enrollment of the students and the administration of the high school-based and college-based courses offered via this Early College Agreement effective July 1, 2026, and ending June 30, 2027.
This Agreement is being entered into between the parties in accordance with Florida Statute 1007.273 that outlines a requirement to establish one or more early college programs. This Agreement shall be revised and reviewed on an annual basis. The PARTNER SCHOOL Superintendent or designee, and the LSSC President or designee, shall conduct the annual renewal by presenting any revisions for the adoption to the respective boards.
This Agreement provides details specific to the early college program referenced in Florida Statute 1007.273. For details related to general dual enrollment requirements referenced in Florida Statute 1007.271, please refer to the dual enrollment Agreement between PARTNER SCHOOL and LSSC found at the Florida Department of Education website (https://www.fldoe.org/schools/higher-ed/fl-college-system/dual-enroll-transfer/).
I. GRADE LEVEL ENROLLMENT ELIGIBILITY OF THE PROGRAM
The Early College Academy shall be available for initial enrollment to all students classified as a fulltime PARTNER SCHOOL junior in secondary coursework on or before the first day of the college semester for which they are enrolling.
II.DESCRIPTION OF THE PROGRAM
Overview of the EARLY COLLEGE ACADEMY Program
The LSSC Early College Academy allows for a structured high school acceleration program in which a cohort of students is enrolled full-time in postsecondary courses toward an associate degree Similar to the Dual Enrollment program, this program provides eligible secondary students the opportunity to take LSSC courses while concurrently enrolled in high school. The EARLY COLLEGE ACADEMY program must prioritize courses applicable as general education core courses under s. 1007.25 for an associate degree or a baccalaureate degree.
Initial EARLY COLLEGE ACADEMY eligibility requirements
Entering 11th grader
College credit: 3.0 unweighted high school GPA.
Demonstrated readiness for college coursework as demonstrated through scores on a common placement test as established in State Board of Education Rule 6A-10.0315 and as outlined in the annual Dual Enrollment Agreement.
Conduct must be in good standing at both the PARTNER SCHOOL high school of record and LSSC.
For students entering the AICE track, they must be enrolled in their high school’s AICE program and be on-track to earn their AICE diploma.
Program Tracks
The EARLY COLLEGE ACADEMY will offer two program tracks: a general track and an AICE track. The general track is available for students interested in completing an associate degree while in high school. They may choose a specific area of concentration with their LSSC advisor. The AICE track will include a curriculum of courses that align with a student’s AICE schedule at each high school for the purpose of achieving both the Cambridge AICE diploma and LSSC AA degree. Students in the AICE track will only be eligible for the general studies AA degree, since most electives will be fulfilled with AICE courses upon achieving the appropriate score on the AICE exam.
Application Process
Interested students must submit the EARLY COLLEGE ACADEMY application before the posted deadline. The EARLY COLLEGE ACADEMY application is available on the LSSC website through the EARLY COLLEGE ACADEMY webpage.
Shortly before classes begin, students are scheduled for an orientation that introduces them to program requirements and college success strategies.
Process by which students register for courses
EARLY COLLEGE ACADEMY students must meet with an LSSC advisor for guidance on course registration based on program track. After the initial meeting, students register themselves for courses online using myLSSC, LSSC’s online course management system.
Once registered, EARLY COLLEGE ACADEMY students must seek course approval through their school counselor by the posted early college registration deadline Course approvals are granted by the school counselor using LSSC’s Dual Enrollment Portal. After school counselor Approval, the LSSC advisor approves courses using the Dual Enrollment Portal.
Students may register through the posted early college registration deadline. Courses not approved by the established deadline may be administratively dropped. Students are solely responsible for adding and dropping courses via myLSSC by the add/drop deadline.
Maximum course loads
EARLY COLLEGE ACADEMY students must enroll in a minimum of twelve (12) credits and may enroll in a maximum of eighteen (18) credits each fall and spring semester. Exceptions to the credit hour enrollment must be requested through the LSSC appeal process and are reviewed on a case- bycase basis by LSSC staff.
Short-Term Courses
EARLY COLLEGE ACADEMY students will be allowed to take short-term courses with advanced permission from their HS counselor and LSSC advisor.
Initial Attendance
Students must attend the courses for which they are registered at least once during the first two weeks of any semester. Students enrolled in fully online courses must participate in an academic related activity in order to satisfy initial attendance verification.
Process by which students withdraw from courses
Students must comply with the withdrawal policies, processes, and deadlines published in the LSSC Catalog & Student Handbook (www.lssc.edu/catalog).
Students withdrawing from a course during the LSSC withdrawal period will earn a “W” on the high
school and college transcripts. All grades, including "W" for withdrawal, become a permanent part of a student's high school and college transcripts and may affect subsequent postsecondary admissions and program eligibility.
To withdraw from a course after the posted add/drop deadline, a student must submit a completed LSSC course withdrawal form which is available in their student portal at MyLSSC under “Workflow”. The form must be signed by the student, LSSC staff, and submitted to the LSSC Admissions & Records Office /Enrollment Services by LSSC’s posted withdrawal deadline.
Second attempts
Students who earn a “D,” “F,” “W,” or “WN” in an LSSC course, must meet with their LSSC advisor to develop a remedial plan that includes retaking the course while maintaining progress towards academy completion. Their academy schedule may be adjusted to accommodate the course that must be repeated and maximize student success the following semester.
Curriculum
The curriculum offered through the program is identified by LSSC to meet accreditation requirements. The sequence of courses taken in the program can be found in Appendix A.
If LSSC decides to make any changes to the curriculum or schedule, then LSSC agrees to notify PARTNER SCHOOL of the proposed changes within a reasonable timeframe to make any necessary changes to student schedules. Any changes that occur at the high school must be communicated with LSSC within a reasonable timeframe to make any necessary adjustments to the program.
Qualifications and selection of instructors
All faculty teaching LSSC courses, regardless of delivery location, must meet the proper higher education accreditor’s requirements/guidelines for postsecondary instructors and LSSC’s credentialing standards. LSSC is responsible for vetting all faculty prior to assigning them to teach LSSC courses.
Reporting structure of instructors
All faculty teaching LSSC courses, regardless of delivery location, report to an LSSC Dean for all matters pertaining to a dual enrollment or early college course. The LSSC Dean will be responsible for all training, supervision, professional development, and evaluation of instructors that teach any dual enrollment or early college courses for LSSC. This includes that all instructors follow LSSC’s posted Policies and Procedures (lssc.edu/about-us/policy).
Assessment of instructors
All LSSC courses are taught according to the approved Master Course Outline and course syllabus template. The evaluation process, including the use of LSSC's standard evaluation instruments and any follow-up with the instructor, will be conducted in the same manner as would be the case for any LSSC adjunct faculty member.
III.DESCRIPTION
OF
THE METHODS, MEDIUM AND PROCESS BY WHICH STUDENTS AND PARENTS ARE INFORMED OF THE OPTION TO PARTICIPATE
Students and parents are notified of the option to participate in the EARLY COLLEGE ACADEMY Program during annual academic planning in high school. Students and parents also receive information concerning the EARLY COLLEGE ACADEMY Program opportunities through the following: individual student advisement with the school counselor, the Student Progression Plan, school
websites, and other district communications.
LSSC notifies students of the option to participate in the EARLY COLLEGE ACADEMY Program during college informational events. LSSC staff regularly visit local schools to share college and career programs and enrollment information. LSSC also produces and distributes program eligibility and enrollment materials to school counselors and students. EARLY COLLEGE ACADEMY Program information and resources are also available on the LSSC Early College Programs website (lssc.edu/ecp). The information disseminated in these materials and at these events include the description of the program, eligibility criteria of the program, and the return on investment associated with participation in the program.
IV.DELIVERY METHODS FOR INSTRUCTION
Eligible students may complete up to an Associate degree through the EARLY COLLEGE ACADEMY Program by taking courses offered on the high school campus, at the LSSC campus, through online LSSC courses, at a partner site, or any combination thereof.
EARLY COLLEGE ACADEMY students are eligible to enroll in fully online, hybrid and technology enhanced courses provided that these courses are approved by the high school counselor and LSSC advisor.
Each year, LSSC and PARTNER SCHOOL will collaboratively develop a class schedule available to PARTNER SCHOOL students for the EARLY COLLEGE ACADEMY program. These classes must adhere to the Dual Enrollment Course-High School Subject Area Equivalency List New high-school campusbased course offerings must be negotiated each year through the established LSSC process in Academic Affairs. LSSC does not offer all courses on the equivalency list and not all LSSC courses are offered each semester. Students will be advised by their high school counselors and LSSC Advisor to enroll in classes identified in their LSSC Academic Advising Guide and the mandated EARLY COLLEGE ACADEMY Program Student Expectations Contract.
V.STUDENT ADVISING AND PROGRESS MONITORING
Academic and Student Support Services
The College will provide orientation, advisement, and registration services to early college students. The orientation will include information on policies and procedures, including information regarding filing appeals or grievances.
Academic Advising
School counselors and LSSC advisors provide academic advisement and guidance services to EARLY COLLEGE ACADEMY program students. These services may include but are not limited to: individual and/or classroom guidance, college workshops and college transition resources, college majors and prerequisite information, and weighting systems.
Students are advised of the expectations for continued EARLY COLLEGE ACADEMY Program eligibility during individual advising sessions with the school counselors and with the LSSC advisors. EARLY COLLEGE ACADEMY students are encouraged to meet with their LSSC advisors prior to initial registration and at least once per subsequent semester. The LSSC advisors will reach out to the student at scheduled intervals throughout the semester as a proactive measure to provide student
support.
Library and Learning Resources
LSSC will ensure that students have electronic access to the same resources and library support that campus-based students have. The school will assure access to existing resources that supplement the college’s efforts.
Student
Performance Contract
Each student participating in the EARLY COLLEGE ACADEMY Program must enter into a student performance contract which must be signed by the student, and the parent or guardian, a representative from the school district, and a representative from LSSC. The performance contract must include the expectations of being a student in the EARLY COLLEGE ACADEMY Program, the schedule of courses, by semester; student attendance requirements, course grade requirements, along with an agreementand an acknowledgement that the student will adhere to the performance expectations The performance contract will be completed at the time of admission into the EARLY COLLEGE ACADEMY Program with LSSC staff. After submission of the student performance contract, the student will be provided a schedule of courses and advisement for course registration.
Ongoing monitoring for continued participation
Students seeking to continue taking LSSC academic credit through the EARLY COLLEGE ACADEMY Program must maintain a minimum 3.0 unweighted cumulative high school GPA and a 3.0 cumulative LSSC GPA.
School counselors and LSSC advisors monitor student GPA’s and collaboratively review and maintain student records to ensure continued EARLY COLLEGE ACADEMY Program eligibility each semester. Students who do not meet either the high school or college GPA requirement will not be eligible to continue the EARLY COLLEGE ACADEMY Program unless they are put on a probationary status, which is determined on a case-by-case basis A student that no longer meets the EARLY COLLEGE ACADEMY or college GPA requirements may apply to the LSSC dual enrollment program as long as the student meets the dual enrollment criteria. The LSSC advisor will alert students and school counselors of student GPA changes resulting in a loss of EARLY COLLEGE ACADEMY eligibility.
VI.PROGRAM REVIEW AND REPORTING
Student Grades
LSSC faculty members assign letter grades (A, B, C, D, and F) to all LSSC courses available for the EARLY COLLEGE ACADEMY Program. The EARLY COLLEGE ACADEMY students access final grades via LSSC’s course management system. All decisions and actions related to final course grades must be consistent with LSSC’s Standards of Academic Progress, rules, and procedures posted in the LSSC Catalog & Student Handbook (lssc.edu/catalog) Once LSSC assigns grades, neither the school district nor the school of record can make any grade changes when recording or posting grades to the high school transcript. The school of record records the EARLY COLLEGE ACADEMY credit and letter grade on the school transcript. In rare cases, a student may appeal after final grades have posted for a late withdrawal or administrative drop. In these cases, LSSC will work directly with the school of record to provide necessary documentation for the requested change to the secondary school transcript.
A grade of “C” or higher proves satisfactory completion of a course fulfilling LSSC dual enrollment requirements. A grade of “D” or lower will not be considered a passing grade for this program and will require a retake of the course. A grade of “I” may be assigned in extreme circumstances.
Incomplete “I” grades not completed within LSSC’s designated timeframe automatically convert to an “F” grade on both the high school and college transcripts and calculate as “F” in computing both the high school and the college GPAs. Withdrawals (“W”) are not included in calculating the high school or college GPA.
Students wishing to appeal a course grade must follow LSSC’s grade grievance procedures as described in the LSSC Catalog & Student Handbook (lssc.edu/catalog).
EARLY COLLEGE ACADEMY students who believe it necessary to withdraw from a course or who failed a course due to extenuating circumstances may submit an appeal using LSSC’s administrative appeal process outlined in the LSSC Catalog & Student Handbook (lssc.edu/catalog).
Transmission of student grades to the School District
LSSC collects and shares grade data with the PARTNER SCHOOL using a secure online system. The PARTNER SCHOOL will distribute LSSC grades to the school of record. The school of record inputs the LSSC course letter grade on the high school transcript. In addition to end of the semester grade reporting, LSSC will provide PARTNER SCHOOL with student academic progress feedback from the LSSC student management system at designated points in the semester (fall, spring, and summer).
Early College Program reporting of enrollments and completions
Program enrollments and program completions will be reported annually to the FLDOE using established procedures. PARTNER SCHOOL and LSSC will collaborate to ensure that information is shared in a timely manner to submit reports by the published deadlines.
Student privacy of records
FERPA (Family Educational Rights and Privacy Act) is a federal law that protects the privacy of student educational records. Even though dual enrollment and early college students may be considered “dependent minors”, under FERPA they have rights to privacy in all matters relating to their collegiate educational record. Generally, LSSC, including the faculty members, will not release information relating to protected student information to non-LSSC officials without the student’s written consent. The practice of not releasing information extends to the release of information to parents and guardians. Information may not be released to parents or guardians unless the student has signed the LSSC FERPA waiver form.
FERPA allows for the sharing of a student’s educational records between educational institutions without a FERPA waiver on file. This agreement allows LSSC to share early college student data with PARTNER SCHOOL and vice versa. Once the information has been shared with PARTNER SCHOOL, K12 FERPA rules apply, and PARTNER SCHOOL may share the information with a student’s parent or guardian, regardless of whether the student has a FERPA waiver on file. However, LSSC may not share student information with a parent or guardian unless they can verify that there is a FERPA waiver on file.
VII. FUNDING ARRANGEMENTS FOR EARLY COLLEGE PROGRAMS
Textbook, electronic access codes and other course materials
The PARTNER SCHOOL loans EARLY COLLEGE ACADEMY students the required textbooks and provides electronic access codes, free of charge. EARLY COLLEGE ACADEMY Program textbooks are the property of the PARTNER SCHOOL and all PARTNER SCHOOL textbook policies apply. EARLY COLLEGE ACADEMY Program students registering in courses requiring additional materials such as
calculators, safety glasses, clickers, uniforms, safety shoes, kits, etc. such ancillary materials are purchased at the student’s expense.
Instructional cost arrangements
The EARLY COLLEGE ACADEMY Program will be funded pursuant to ss. 1007.273, ss. 1007.271, and ss. 1011.62, including the standard tuition rate per credit hour from funds provided in the Florida Education Finance Program.
Per §1007.271 (21) (n) (1), School Districts shall pay the standard tuition rate per credit hour ($71.98) in the fall and spring semesters from funds provided in the Florida Education Finance Program to LSSC for any courses taught at an LSSC campus or online with an LSSC instructor. LSSC will charge no tuition or fees for classes when instruction is paid for and provided by the PARTNER SCHOOL on PARTNER SCHOOL property. When courses are provided on a PARTNER SCHOOL High School campus by LSSC faculty, the PARTNER SCHOOL shall reimburse the cost associated with LSSC’s proportion of salary and benefits and actual costs to provide the instruction.
The PARTNER SCHOOL will not be invoiced for any student tuition during the summer semester. LSSC shall provide the PARTNER SCHOOL itemized tuition invoices following established LSSC billing procedures and timelines. Per §1007.271, F.S., LSSC or PARTNER SCHOOL cannot accept payment for courses from students or their parents.
Facility Space
The school or district agrees to provide, as necessary, adequate physical facilities, subject to an agreed-upon inspection schedule coordinated by the high school and the college.
VIII.MISCELLANEOUS
Waivers & Changes to Law
Pursuant to Florida statute, the President of LSSC (or designee) and the PARTNER SCHOOL Superintendent (or designee) may jointly waive EARLY COLLEGE ACADEMY eligibility and participation criteria through a student appeal process. The decision is final and cannot be appealed.
The parties agree this contract is governed by Florida law, including, but not limited to, executive orders by the Florida Governor, and executive orders by local governmental officials. In the event provisions of this agreement are modified on a temporary basis due to the issuance of an executive order, the parties agree to comply with the order until the order is rescinded.
Changes in legislation or appropriations related to EARLY COLLEGE ACADEMY that occur throughout the term of this agreement will be addressed in an addendum.
Early College Academy Signature Page
The signatories below acknowledge and agree to the terms and conditions set forth in this agreement.
SCHOOL BOARD
LAKE-SUMTER STATE COLLEGE
Superintendent John Temple, President
Chair, School Board
DATE
DATE
APPENDIX A:
[Individual program pathways are included here for each Academy]
ITEM: 1125-18
GOVERNANCE LETTER
To the Board of Directors
Lake-Sumter State College Foundation, Inc.
Leesburg, Florida
We have audited the financial statements of Lake-Sumter State College Foundation, Inc. (the Foundation) as of and for the year ended December 31, 2024, and have issued our report thereon dated August 22, 2025. Professional standards require that we provide you with information about our responsibilities under generally accepted auditing standards, as well as certain information related to the planned scope and timing of our audit. We have communicated such information in our letter to you dated February 5, 2025 Professional standards also require that we communicate to you the following information related to our audit
Qualitative Aspects of Accounting Practices
Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the Foundation are described in Note 1 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during 2024 We noted no transactions entered into by the Foundation during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period.
Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s knowledge and experience about past and current events and assumptions about future events. Certain estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimates affecting the Foundation’s financial statements were:
■ Split Interest Agreements The calculation of the annuity and trust liabilities under split interest agreements. Management’s estimate of trust liabilities is based on the fair value using the respective payouts as determined by the trust documents. We evaluated the key factors and assumptions used to develop these estimates and determined that they are reasonable in relation to the basic financial statements taken as a whole and in relation to the applicable opinion units.
◼ Fair Values As reported in Note 2, fair values for investments are provided by investment custodians and advisors based upon published rates or valuations derived from similar assets.
Certain financial statement disclosures are particularly sensitive because of their significance to financial statement users. The most sensitive disclosures affecting the financial statements are those contained in Note 2, related to investments.
To the Board of Directors
Lake-Sumter State College Foundation, Inc.
Leesburg, Florida
The financial statement disclosures are neutral, consistent, and clear.
Difficulties Encountered During the Audit
We encountered no significant difficulties in dealing with management in performing and completing our audit.
Corrected and Uncorrected Misstatements
Professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that are clearly trivial, and communicate them to the appropriate level of management. Management has corrected all such misstatements. In addition, none of the misstatements detected as a result of audit procedures and corrected by management were material, either individually or in the aggregate, to each opinion unit’s financial statements taken as a whole.
Disagreements with Management
For purposes of this letter, a disagreement with management is a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor’s report. We are pleased to report that no such disagreements arose during the course of the audit.
Management Representations
We have requested certain written representations from management, which were included in a management representation letter that management signed and provided to us dated August 22, 2025.
Management’s Consultations with Other Independent Accountants
In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a “second opinion” on certain situations. If a consultation involves application of an accounting principle to the Foundation’s finanical statements, or a determination of the type of auditor’s opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consulations with other accountants.
Other Audit Findings or Issues
We generally discuss a variety of matters, including the application of accounting principles and auditing standards with management each year prior to retention as the Foundation’s auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention.
Other Matters
We applied certain limited procedures to Management’s Discussion and Analysis, which is required supplementary information (RSI) that supplements the basic financial statements. Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI.
To the Board of Directors
Lake-Sumter State College Foundation, Inc.
Leesburg, Florida
We were engaged to report on the supplementary information (Schedule of Revenues, Expenses, and Changes in Net Position by Restriction Classification), which accompanies the financial statements but is not considered RSI. With respect to the supplementary information, we made certain inquiries of management and evaluated the form, content, and methods of preparing the information to determine that the information complies with accounting principles generally accepted in the United States of America, the method of preparing it has not changed from a prior period, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves.
Restriction on Use
This report is intended solely for the information and use of the Board of Directors, and management of Lake-Sumter State College Foundation, Inc., and is not intended to be, and should not be, used by anyone other than these specified parties.
August 22, 2025
Ocala, Florida
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC.
INDEPENDENT AUDITOR’S REPORT
Board of Directors
Lake-Sumter State College Foundation, Inc
Leesburg, Florida
Opinion
We have audited the accompanying financial statements of the Lake-Sumter State College Foundation, Inc. (the Foundation), a component unit of Lake-Sumter State College, as of and for the year ended December 31, 2024, and the related notes to the financial statements, which collectively comprise the Foundation’s basic financial statements as listed in the table of contents.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Foundation as of December 31, 2024, and the changes in its financial position and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the Foundation, and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Financial Statements
The Foundation’s management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Foundation’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
Board of Directors
Lake-Sumter State College Foundation, Inc.
Leesburg, Florida
INDEPENDENT AUDITOR’S REPORT
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and, therefore, is not a guarantee that an audit conducted in accordance with generally accepted auditing standards and Government Auditing Standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.
In performing an audit in accordance with generally accepted auditing standards and Government Auditing Standards, we:
■ Exercise professional judgment and maintain professional skepticism throughout the audit.
■ Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
■ Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Foundation’s internal control. Accordingly, no such opinion is expressed.
■ Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
■ Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Foundation’s ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control-related matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical
Board of Directors
Lake-Sumter State College Foundation, Inc.
Leesburg, Florida
INDEPENDENT AUDITOR’S REPORT
context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Supplementary Information
Our audit was conducted for the purpose of forming an opinion on the financial statements that collectively comprise the Foundation’s basic financial statements. The Schedule of Revenues, Expenses, and Changes in Net Position by Restriction Classification is presented for purposes of additional analysis and is not a required part of the basic financial statements. Such information is the responsibility of management and was derived from, and relates directly to, the underlying accounting and other records used to prepare the basic financial statements. The information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the Schedule of Revenues, Expenses, and Changes in Net Position by Restriction Classification are fairly stated, in all material respects, in relation to the basic financial statements as a whole.
Other Reporting Required by Government Auditing Standards
In accordance with GovernmentAuditing Standards, wehave also issued our report dated August 22, 2025, on our consideration of the Foundation’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements, and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Foundation’s internal control over financial reporting and compliance.
August 22, 2025
Ocala, Florida
MANAGEMENT’S DISCUSSION AND ANALYSIS
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC.
DECEMBER 31, 2024
This document presents management’s discussion and analysis of the financial performance of the Foundation during the fiscal year ended December 31, 2024. This discussion should be read in conjunction with the financial statements and footnotes. The financial statements, footnotes and this discussion are the responsibility of the Foundation’s management.
Reporting Entity
The Lake-Sumter State College Foundation (the Foundation) is a not-for-profit corporation and is considered to be a component unit of the State of Florida and Lake-Sumter State College (the College), as defined by the Governmental Accounting Standards Board Statement (GASB) No. 39. This statement defines component units as organizations where the “substance and significance of the relationship between the organization and the primary government (or its component units) would be such that the exclusion of that organization from the reporting entity’s financial statements would render those statements misleading or incomplete.” Accordingly, the Foundation is included in the College’s financial statements as a discrete component unit.
The Lake-Sumter State College Foundation was incorporated in 1980, under the laws of the State of Florida, as a not-for-profit organization. The Foundation’s purpose is to assist and support the College’s educational and cultural mission through encouraging philanthropic gifts of money, property, and other materials having educational, artistic, or historical value. These gifts are to be administered with the primary objective of serving purposes other than those for which the State of Florida ordinarily makes appropriations to the College.
Overview of the Financial Statements
The financial statements consist of the Statement of Net Position, Statement of Revenues, Expenses, and Changes in Net Position, and Notes to the Financial Statements. The Statement of Cash Flows provides information regarding net cash from (used in) various activities. This report also includes supplementary information that provides more detail on some of the information in the financial statements.
Overall, total assets exceeded liabilities at December 31, 2024, by $32,940,346 (net position). Of this amount, $3,796,693 (unrestricted net position) may be used to meet the ongoing obligations.
Operating revenues decreased by $612,416, or 18%, due to a one-time $865,000 planned gift from May 2023 that was recognized in the prior year. The total net position, however, increased by $4,679,436, or 17%, due to an increase in investments related to favorable market conditions. Total net position represents the residual interest in assets after deducting liabilities and includes both expendable and nonexpendable assets.
The Statement of Net Position
The Statement of Net Position summarizes assets less liabilities at year-end. Assets consist primarily of pooled cash and investments of approximately $3,870,177. Liabilities include amounts owed to the College and vendors as well as unearned revenue related to a grant. The decrease in liabilities of $583,041 is attributable to a decrease in Unearned Revenue of $467,625 due to the timing of a payment received for a grant. For the year ended December 31, 2024, net position totaled $32,940,346. The major components of this category are funds available for student scholarships, capital projects, and college support of approximately $21,929,166. The Foundation also has unrestricted net position of $3,796,693 and permanently restricted non-expendable net position of $7,214,487
1125-18
MANAGEMENT’S DISCUSSION AND ANALYSIS
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC.
DECEMBER 31, 2024
Condensed Statement of Net Position at December 31 (in Thousands)
The Statement of Revenues, Expenses, and Changes in Net Position
The Statement of Revenues, Expenses, and Changes in Net Position summarizes revenue and expense activity, categorized as operating and non-operating. Revenues and expenses are recognized when earned or incurred, regardless of when cash is received or paid
MANAGEMENT’S DISCUSSION AND ANALYSIS
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC.
DECEMBER 31, 2024
The following summarizes the activity for the 2024 and 2023 fiscal years:
Condensed Statement of Revenues, Expenses, and Changes in Net Position (in Thousands)
Operating Revenues
GASB Statement No. 35 categorizes revenues as either operating or non-operating. Operating revenues generally result from exchange transactions where each of the parties to the transactions either gives or receives something of equal or similar value.
Operating revenues of $2,839,642 for the year ended December 31, 2024, are comprised of $1,889,421 in Contributions and Grants, $410,339 in Special Events Revenue and $539,882 in Donated Goods and Services.
The following summarizes and provides a comparison of the operating revenues by source that were used to fund operating activities for the 2024 and 2023 fiscal years.
Operating Revenues (in Thousands)
MANAGEMENT’S DISCUSSION AND ANALYSIS
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC.
DECEMBER 31, 2024
The following chart provides a graphical presentation of the operating revenues by category for the 2024 fiscal year:
Operating Revenues
Non-Operating Revenues
Non-Operating Revenue consists of Realized and Unrealized Gains/Losses on Investments, and Interest and Dividends. Of the total non-operating revenue of $4,716,719, $4,182,094 is realized and unrealized gain on investments recognized due to favorable market conditions.
Non-Operating Revenues (in Thousands)
Operating Expenses
Expenses are categorized as operating or non-operating. The majority of the Foundation expenses are operating expenses as defined by GASB Statement No. 35. GASB gives financial reporting entities the choice of reporting operating expenses in the functional or natural classifications. The Foundation has chosen to report the expenses in their natural classification on the Statement of Revenues, Expenses, and Changes in Net Position.
The Foundation recorded Operating Expenses of $2,959,925 for the 2024 fiscal year. The $92,590 increase from the prior year is mostly attributable to an increase in Scholarships and Contractual Services expenses.
MANAGEMENT’S DISCUSSION AND ANALYSIS
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC.
DECEMBER 31, 2024
Operating expenses consist primarily of scholarships of $1,395,441 and support of College programs of $673,870. Expenses also include $512,143 in personnel services, which includes salaries, wages and related taxes, and fringe benefits paid to Foundation personnel by the College during the year ended December 31, ,2024 Fundraising expenses total $182,455 and the remaining expenses for management and general, contractual services and materials and supplies total $196,016
The following summarizes operating expenses by natural classification for the 2024 and 2023 fiscal years:
Operating Revenues (in Thousands)
Additions to Endowments
Additions to endowments of $83,000 represents non-expendable gifts received. The contribution to the endowment was higher than the prior year due to donor designation preferences.
Increase in Net Position
The Net Position at December 31, 2024, increased by $4,679,436 to $32,940,346 due to favorable market conditions.
Statement of Cash Flows
The statement of cash flows provides information about financial results by reporting the major sources and uses of cash and cash equivalents. This statement assists in evaluating the ability to meet financial obligations as they come due. Cash flows from operating activities show the net cash used by the operating activities. Cash flows from capital and related financing activities include all plant funds and related long-term debt activities. Cash flows from investing activities show the net source and use of cash related to purchasing or selling investments.
MANAGEMENT’S DISCUSSION AND ANALYSIS LAKE-SUMTER STATE COLLEGE FOUNDATION, INC.
DECEMBER 31, 2024
The following summarizes the cash flows for the 2024 and 2023 fiscal years:
Condensed Statement of Cash Flows
(in Thousands)
The Foundation’s Objectives
The Foundation was established to support the educational programs for the students, faculty and staff at Lake-Sumter State College. The Foundation provides funding for educational scholarships, programs and activities which are not funded by the State-supported operating budget of the College.
The Foundation operates with the purpose of supporting the College’s mission of providing high-quality, accessible programs from enrichment and career training to associate and baccalaureate degrees. As student’s needs and expectations grow, State funding to Florida State colleges becomes increasingly strained. While taxpayers support much of the effort to provide quality education, various educational funding needs remain unmet. Faculty and staff have innovative ideas and projects that advance the College’s mission but cannot always be funded through existing College resources. Student scholarships, special programs and events, and academic program growth are also areas where financial support from the Foundation is critical to the College’s success.
In addition, the Foundation develops and cultivates community involvement as donors and supporters from individuals, businesses, and civic organizations.
The Foundations funding Initiatives include:
• Student Scholarships
• Innovative Project Grants
• Academic Excellence initiatives
• Student success initiatives
• Academic program expansions
Requests for Information
This financial report is designed to provide a general overview of the Lake-Sumter State College Foundation’s finances. Questions concerning any of the information provided in this report or requests for additional information should be addressed to Lake-Sumter State College Foundation, Inc. 9501 US 441, Leesburg, Florida 34788, (352) 365-3518.
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC. (A COMPONENT UNIT OF LAKE-SUMTER STATE COLLEGE) STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION
FOR THE YEAR ENDED DECEMBER 31, 2024
The accompanying notes are an integral part of these financial statements.
32,940,346 $
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC. (A COMPONENT UNIT OF LAKE-SUMTER STATE COLLEGE) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2024
The accompanying notes are an integral part of these financial statements.
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC. (A COMPONENT UNIT OF LAKE-SUMTER STATE COLLEGE)
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2024
Note 1 - Summary of Significant Accounting Policies
The following is a summary of the more significant accounting policies of Lake-Sumter State College Foundation, Inc. (the Foundation), which affect significant elements of the financial statements:
Reporting Entity
The Foundation, incorporated in 1980, is a direct support organization as provided for in Section 240.331, Florida Statutes, and is considered a discrete component unit of Lake-Sumter State College (the College). The Foundation’s principal function is to receive, hold, invest and administer charitable contributions for the College. The Foundation is a not-for-profit corporation as described in Section 501(c)(3) of the Internal Revenue Code (the IRC) and is exempt from federal and state income taxes pursuant to Section 209(a) of the IRC.
Measurement Focus, Basis of Accounting, and Financial Statement Presentation
The Foundation prepares its financial statements on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America for proprietary funds, which is similar to those for private business enterprises. Accordingly, revenues are recorded when earned and expenses are recorded when incurred, as permitted by the Governmental Accounting Standards Board (GASB) Statement No. 20: Accounting and Financial Reporting for Proprietary Funds and Other Governmental Entities that use Proprietary Fund Accounting.
Cash and Cash Equivalents
For purposes of reporting cash flows, the Foundation considers all highly liquid investments with original maturities of three months or less to be cash equivalents.
Fund Accounting
To ensure observation of limitations and restrictions placed on the use of resources, the accounts of the Foundation are maintained in accordance with the principles of fund accounting. This is the procedure by which resources for various purposes are classified for accounting and reporting purposes into funds established according to their nature and purpose. Separate accounts are maintained for each fund.
Net Position
The Foundation classifies its net position into the following categories:
Net Investment in Capital Assets – Represents the Foundation’s total investment in capital assets, net of accumulated depreciation. For the year ended December 31, 2024, the Foundation has no Net Investments in Capital Assets.
Unrestricted – The unrestricted component of net position is the net amount of the assets, deferred outflows of resources, liabilities, and deferred inflows of resources that are not included in the determination of net investment in capital assets or the restricted component of net position.
Restricted – The restricted component of net position consists of restricted assets reduced by liabilities and deferred inflows of resources related to those assets. Generally, a liability relates to restricted assets if the asset results from a resource flow that also results in the recognition of a liability or if the liability will be liquidated with the restricted assets reported.
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC. (A COMPONENT UNIT OF LAKE-SUMTER STATE COLLEGE)
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2024
Non-Expendable Restricted Net Position – Consists of endowment and similar type funds in which donors or other outside sources have stipulated, as a condition of a gift instrument, that the principal is to be maintained inviolate and in perpetuity, and invested for the purpose of producing present and future income, which may either be expended or added to principal.
Expendable Restricted Net Position – Included resources in which the Foundation is legally or contractually obligated to spend resources in accordance with restrictions imposed by external third parties. Expendable Restricted Net Position is broken into four subcategories on the Statement of Net Position as follows:
■ Expendable Endowment – Endowments with restriction imposed by the donor, primarily consisting of investment earnings from non-expendable restricted endowments.
■ Expendable Scholarships – Expendable restricted net position restricted for the use of various scholarships.
■ Expendable Programs – Donor restricted funds for the use of various college programs not related to scholarships for tuition.
■ Expendable for Capital Projects – Restricted funds to be used for capital projects of the college in accordance with the restrictions imposed by the donor.
A Schedule of Revenues, Expenses, and Changes in Net Position by Restriction Classification is presented in the following Supplementary Information.
When both restricted and unrestricted resources are available for use, it is the Foundation’s policy to use restricted resources first, and then unrestricted resources as they are needed.
Operating Activities
Operating revenues and expenses represent ongoing activities of the Foundation, which are in support of the College’s programs. Operating activities related to the Foundation’s principal functions are to receive and hold charitable contributions for the College. All other revenues and expenses are reported as nonoperating activities.
Revenue Recognition
Contributions are recognized as increases in net position when received or when pledged unconditionally.
Direct Operating Support
Upon approval by Board of Trustees, the College provides personnel support and donated facilities for office space in the amounts of $512,143 and $27,739, respectively.
Pledges Receivable
Pledges are recorded as a receivable and revenue in the year made for the current period use.
Contributions
Contributions that are restricted by the donor are reported as increases in unrestricted net position if the restrictions expire in the fiscal year in which the contributions are recognized. All other donor-restricted contributions are reported as increases in expendable or non-expendable restricted assets depending on the nature of the restrictions. When a restriction expires, expendable restricted net position is reclassified to unrestricted net position.
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC. (A COMPONENT UNIT OF LAKE-SUMTER STATE COLLEGE)
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2024
Use of Estimates
The preparation of financial statements in conformity with Generally Accepted Accounting Principles (GAAP) in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Investments
Contributed marketable securities are recorded at fair value at the date of donation. Purchased marketable securities are recorded and carried at fair value with increases and decreases being charged and credited to the statement of revenues, expenses, and changes in net position.
Property and Equipment
Purchased property and equipment with a value of $5,000 or more are capitalized and are stated at historical cost. Donations of property and equipment are recorded as support at their estimated fair value. Depreciation on buildings and equipment is calculated on the straight-line method over the estimated useful lives of the assets.
Subsequent Events
The Foundation has evaluated subsequent events for potential recognition and/or disclosure in the December 31, 2024, statements.
Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items.
Split-Interest Agreements
Assets received under split-interest agreements are recorded as assets for the resources received or receivable and a Deferred Inflow of Resources for the Foundation’s irrevocable remainder interest.
Changes in assets recognized pursuant to irrevocable split-interest agreements, such as those resulting from interest, dividends, and changes in fair value, are recognized as an increase or decrease in the related deferred inflow of resources.
For agreements in which the Foundation is the remainder interest beneficiary, the Foundation will recognize revenue for the beneficial interest at the termination of the agreements, as stipulated in the irrevocable split-interest agreement.
Note 2 - Cash and Investments
Cash and Cash Equivalents
The cash and cash equivalents reported on the statement of net position is $3,870,117. The Florida Security for Depositors Act identifies those financial institutions that have deposited the required collateral in the name of the treasurer of the State of Florida as qualified public depositories. The Foundation’s deposits are with qualified public depositories. Therefore, all Foundation cash and cash equivalents deposits are entirely insured by Federal Deposit Insurance Corporation (FDIC) or Florida’s Multiple Financial Institution Collateral Pool.
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC. (A COMPONENT UNIT OF LAKE-SUMTER STATE COLLEGE) NOTES
TO FINANCIAL STATEMENTS
DECEMBER 31, 2024
Investments
The Foundation also maintains accounts with one stock brokerage firm and two bank trust departments. The accounts contain cash and securities; balances are insured up to $500,000 (with a limit of $100,000 for cash) by the Securities Investor Protection Corporation.
As of December 31, 2024, the Foundation had the following Cash and Investments:
The Foundation categorizes the fair measurements of its investments based on the hierarchy established by GAAP. The fair value hierarchy, which has three levels, is based on the valuation inputs used to measure an asset’s fair value: Level 1 inputs are quoted prices in active markets for identical assets; Level 2 inputs are significant other observable inputs; Level 3 inputs are significant unobservable inputs.
Fair Value Measurement of the Foundations investments are as follows at December 31, 2024:
Valuation by Level
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC. (A COMPONENT UNIT OF LAKE-SUMTER STATE COLLEGE)
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2024
The following risks apply to the Foundation’s investment in debt securities:
Interest Rate Risk – Interest rate risk is the risk that changes in interest rates will adversely affect the fair value of an investment. The Foundation’s investment policy does not limit investment maturities except with respect to cash equivalents, which must have a maximum average maturity of less than one year. The Foundation manages its exposure to fair value losses from increasing interest rates through the segmented time distribution method.
Credit Risk – Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its obligations. The Foundation’s investment policy limits its fixed income investments to an overall weighted average credit rating of “A” or better by Moody’s or better by Standard & Poor’s. No more than 15 percent of the fixed income portion of the portfolio shall be rated below investment grade (below Baa/BBB). All commercial paper investments must have a minimum rating of A1/P1 by Standard & Poor’s and Moody’s, respectively. Obligations of the U.S. Government and obligations explicitly guaranteed by the U.S. Government are not considered to have credit risk. At December 31, 2024, the Foundation’s investments in bonds and notes had credit quality ratings by nationally-recognized rating agencies ranging from Baa1 to Aaa by Moody’s and from BBB- to AAA by Standard & Poor’s.
Custodial Credit Risk – Custodial credit risk is the risk that, in the event of failure of a counterpart to a transaction, the Foundation will not be able to recover the value of investment or collateral securities that are in the possession of an outside party. Lending of the Foundation’s portfolio of securities is expressly prohibited by the Foundation’s investment policy. While the brokerage and trust accounts are in the name of the Foundation, the securities are actually held in the trust department or agent’s name.
Concentration of Credit Risk – Concentration of credit risk is the risk of loss attributed to the magnitude of the Foundation’s investment in a single issuer. The Foundation’s investment policy limits investments in any one company to no more than seven percent of the equity portion of its portfolio and no more than ten percent of the fixed income portion of its portfolio, and the equity portion of the portfolio must maintain a minimum of twenty positions, with no position of any one issuer exceeding eight percent of the manager’s total portfolio. Securities issued by the U.S. Government or its agencies are not subject to these limitations. The policy also provides that no more than five percent of the portfolio may be invested in commercial paper of any one issuer, and no more than $3,000,000 in bank certificates of deposit of any single issuer, unless the investments are fully collateralized by U.S. Treasury or agency securities. The policy further limits investments in any one economic sector to no more than ten percent of the equity portion of the portfolio may be in American Depository Receipts, and no more than sixty percent of the fixed income portion of the portfolio may be invested in either corporate or mortgage-backed securities.
Note 3 - Capital Assets
Capital Assets activity for the year ended December 31, 2024, was as follows:
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC. (A COMPONENT UNIT OF LAKE-SUMTER STATE COLLEGE)
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2024
Note 4 - Significant Concentrations
Information related to significant concentrations of revenues and credit risk for financial instruments owned by the Foundation, except as otherwise disclosed, is as follows:
Cash and Cash Equivalents
The Florida Security for Depositors Act identifies those financial institutions that have deposited the required collateral in the name of the treasurer of the State of Florida as qualified public depositories. The Foundation’s deposits are with qualified public depositories. Therefore, all Foundation cash and cash equivalents deposits are entirely insured by FDIC or Florida’s Multiple Financial Institution Collateral Pool.
Investments
The Foundation also maintains accounts with one stock brokerage firm and two bank trust departments. The accounts contain cash and securities; balances are insured up to $500,000 (with a limit of $100,000 for cash) by the Securities Investor Protection Corporation.
Revenues
The Foundation received significant operating revenue from contributions.
Note 5 - Income Taxes
The Internal Revenue Service (IRS) has recognized the Foundation as a tax-exempt organization under Section 501(c)(3) of the IRC. Accordingly, income earned in furtherance of the Foundation’s tax-exempt purpose is exempt from federal and state income taxes and, therefore, these financial statements include no provision or liability for income taxes. As of December 31, 2024, the Foundation had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Generally, the IRS may review the returns for the past three years.
Note 6 - Related-Party Balances and Transactions
The Foundation staff members are considered employees of the College. All salaries, benefits, retirement benefits through the Florida Retirement System and payroll taxes are paid through the College. The Foundation is not expected to reimburse the College for such expenses. For the year ended December 31, 2024, the values of those contributed services that can be reasonably estimated are reflected in these financial statements as follows:
SUPPLEMENTARY INFORMATION
LAKE-SUMTER STATE COLLEGE FOUNDATION, INC.
SCHEDULE OF REVENUES, EXPENSES, AND CHANGES IN
SUPPLEMENTARY INFORMATION BY RESTRICTION CLASSIFICATION YEAR ENDED DECEMBER 31,
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
Board of Directors
Lake-Sumter State College Foundation, Inc.
Leesburg, Florida
We have audited, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the Lake-Sumter State College Foundation, Inc. (the Foundation), a component unit of the Lake-Sumter State College, as of and for the year ended December 31, 2024, and the related notes to the financial statements, which collectively comprise the Foundation’s basic financial statements, and have issued our report thereon dated August 22, 2025.
Report on Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the Foundation’s internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Foundation’s internal control. Accordingly, we do not express an opinion on the effectiveness of the Foundation’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that have not been identified.
Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the Foundation’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements, non-compliance with which could have a direct and material
Board of Directors
Lake-Sumter State College Foundation, Inc.
Leesburg, Florida
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of non-compliance or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Foundation’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Foundation’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.
August 22, 2025
Ocala, Florida
Back to agenda ITEM: 1125-18
ITEM: 1125-23
AFFILIATION AGREEMENT (Public Institution with Instructor)
I. PARTIES
THIS AGREEMENT (the "Agreement”) is entered into by and between LAKE-SUMTER STATE COLLEGE a part of Florida College System of the State of Florida (hereinafter referred to as "Agency"), and ORLANDO HEALTH, INC., a Florida not-for-profit corporation, (hereinafter referred to as "OHI"), this 9th day of June 2025.
II. PURPOSE OF AGREEMENT
It is mutually agreed that the purpose of this Agreement is to provide a learning experience within a clinical setting (hereafter “Rotation”) for participants from the Agency (hereafter "Participants"). Therefore, in consideration of the mutual promises contained herein, the parties agree as set forth herein.
III. GENERAL PROVISIONS OF AGREEMENT
A. The Agency’s programs included in this Agreement (the “Programs”) are set out on Schedule A, which is attached hereto and made a part hereof.
B. Both parties agree that there will be no distinction in placement of Participants because of race, color, religion, sex, national origin, age, handicap, or marital status and agree to adhere to the provisions of applicable Federal and State Laws regarding discrimination.
C. The term of this Agreement shall be three years, commencing September 22, 2025 and ending September 22, 2028. The term of this Agreement may be extended by a written agreement signed by both parties.
D. This Agreement may be terminated by either party upon ninety (90) days written notice to the other party, such notice to be provided in accordance with Section X. H. of this Agreement. In the event this Agreement is terminated pursuant to this paragraph, OHI agrees that no Participants currently participating in a Rotation will be denied the opportunity to complete the Rotation, even if the effective date of termination occurs prior to the completion date of the Rotation. In such event, all applicable provisions of this Agreement, including the right to request withdrawal of any Participant or Instructor pursuant to Section VIII, shall remain in force during the period from the effective date of termination, until the Rotation is completed.
IV. SPECIFIC RESPONSIBILITIES OF THE AGENCY
A. Agency shall provide one or more instructors (“Instructors”) who are employed by Agency who will possess all necessary professional qualifications, including applicable Florida licensure and/or certifications, to instruct and supervise Participants in the hospital setting. Instructors must also meet the requirements set out on Schedule B, attached hereto and made a part hereof.
B. Agency shall designate a person or persons to coordinate and act as liaison with the appropriate OHI personnel.
C. Agency shall provide the Clinical Learning Department of OHI with a list of Participants and Instructors at least ten (10) days before each Rotation is to start.
D. Agency shall ensure that Participants have the necessary didactic prerequisites to maximize the learning experience at OHI and that Participants meet all requirements specified on Schedule C, attached hereto and made a part hereof.
E. Agency shall ensure that the Participants are advised of the provisions of Section VI of this Agreement and shall require Participants to comply with those provisions as a condition of participating in the Rotation(s).
F. Agency agrees to communicate with OHI’s preceptor (or coordinator) and Participant to assess Participant’s progress as necessary.
G. Agency agrees to maintain insurance coverage of the types and in the amounts specified on Schedule D, attached hereto and made a part hereof. Agency and OHI agree that nothing contained in this Agreement shall be construed or interpreted as (a) denying any remedy or defense available under the laws of the State of Florida, (b) the consent to be sued, or (c) a waiver of sovereign immunity of the Agency beyond the waiver provided in Section 768.28, Florida Statutes.
H. Agency shall require each Participant in any clinical Program to procure and maintain for the duration of participation in the Rotation professional liability insurance in the amounts specified on Schedule D, attached hereto and made a part hereof, covering such Participant for claims, damages, or injuries to persons or property arising out of the activities of such Participant carried out under this Agreement. Agency shall require each Participant to submit certificates of insurance to OHI evidencing such coverage prior to commencement of the Rotation and to provide OHI no less than thirty (30) days written notice prior to cancellation.
I. Agency will cooperate fully with OHI and its counsel in the defense of any claims against OHI in any way arising out of or connected with OHI’s affiliation with Agency pursuant to this Agreement. Such cooperation, including attendance at depositions, trials, conferences, and the rendering of written reports, will be at no expense to OHI.
V. SPECIFIC RESPONSIBILITIES OF OHI
It shall be the responsibility of OHI to:
A. Provide an appropriate orientation of Participants and Instructors to its facilities and its policies and procedures.
B. Provide opportunities for a Participant learning experience with appropriate supervision; such supervision to be provided by the qualified Instructors provided by Agency or qualified OHI employees designated by Instructors.
C. Retain ultimate responsibility for patient care even if that care is given by a Participant and/or Instructor.
D. Allow Participants and Instructors, at their own expense, to use its cafeteria.
E. Designate a preceptor (or coordinator) from its staff to act as the liaison with Agency in connection with this Agreement.
VI.SPECIFIC RESPONSIBILITIES OF THE PARTICIPANT
It shall be the responsibility of the Participant(s) assigned through this Agreement to:
A. Comply with the policies and procedures of OHI.
B. Comply with the applicable dress code while on duty in OHI.
C. Obtain prior written approval of both parties to this Agreement before publishing any material related to the learning experience provided under the terms of this Agreement.
D. Maintain the confidentiality of all records or information obtained in the course of the Rotation, including but not limited to, patient information. Each Participant will be required to sign OHI’s “Agreement for Participation in Scholarly Activities and Confidentiality Agreement.”
E. Each Participant will be responsible for maintaining or acquiring comprehensive health and accident insurance that will provide continuous coverage of the Participant during his or her participation in the education program at the Participant’s own expense. The Agency will inform Participants that they are responsible for their own health needs, health care costs, and health insurance coverage. If a Participant is injured while in OHI, he/she may go to the Emergency Room, but will be charged for the services rendered.
F. Each Participant in a clinical Rotation must procure and maintain for the duration of participation in the Rotation, professional liability insurance covering such Participant for claims, damages, or injuries to persons or property arising out of the activities of such Participant
carried out under this Agreement in the amounts specified on Schedule D, attached hereto and made a part hereof. Participant will submit certificates of insurance to OHI evidencing such coverage prior to commencement of the Rotation, and will provide OHI no less than thirty (30) days written notice prior to cancellation.
VII. SPECIFIC RESPONSIBILIITIES OF INSTRUCTOR
It shall be the responsibility of the Instructor provided by Agency to:
A. Comply with the policies and procedures of OHI.
B. Comply with the applicable dress code while on duty in OHI.
C. Maintain the confidentiality of all records or information obtained in the course of the Rotation, including but not limited to, patient information. Each Instructor will be required to sign OHI’s “Agreement for Participation in Scholarly Activities and Confidentiality Agreement.”
D. Directly supervise the Participants while the Participants are on duty at OHI and permit Participants to do only those tasks which Participants are trained and qualified to perform and which Instructors are qualified to supervise; or designate a qualified OHI employee to supervise Participants.
E. Report to OHI any events and/or incidents which should be included in patient medical records or OHI records.
F. Each Instructor will carry health insurance. If an Instructor is injured while in OHI, he/she may go to the Emergency Room, but will be charged for services rendered.
VIII. REQUEST FOR WITHDRAWAL OF PARTICIPANT OR INSTRUCTOR
OHI may request the Agency to withdraw any Participant or Instructor from its facilities whose conduct or work with patients, personnel, or medical staff is not in accordance with the policies and procedures of OHI or is detrimental to patients or others, and Agency agrees to immediately withdraw such Participant or Instructor.
IX. FERPA
A. The parties acknowledge that many student education records are protected by the Family Educational Rights and Privacy Act (“FERPA”) (20 USC Sections 1232g, 1232h, and 1232i) and federal regulations issued pursuant to such act, and by Florida law (Section 1002.22, F.S.) and that generally, the student’s written consent must be obtained before releasing personally identifiable student education records to anyone other than Agency. Agency agrees to provide guidance to OHI with respect to complying with the provisions of FERPA and Section 1002.22, F.S.
B. OHI agrees to treat records that are specifically identified by the parties as student education records covered by FERPA as confidential and will not disclose such student education records except to Agency and those agents and employees of OHI who need the information to fulfill their professional responsibilities, or as required or permitted by law.
C. The parties acknowledge that the fact that a Participant is mentioned in a record or report that is generated and/or maintained by OHI in the normal course and scope of its operations, and which is not created or maintained by Agency, will not cause such record or report to be considered a “student education record” for purposes of this section.
X.MISCELLANEOUS
A. The relationship of the parties hereunder shall be an independent contractor relationship, and not an agency, employment, joint venture, or partnership relationship. Neither party shall have the power to bind the other party or contract in the name of the other party. All persons employed by a party in connection with operations under this Agreement shall be considered employees of that party and shall in no way, either directly or indirectly, be considered employees or agents of the other party. Participants and Instructors shall not be considered employees of OHI and are not entitled to any of the benefits accorded to OHI employees, including, but not limited to participation in employee benefit plans, unemployment compensation, and workers’ compensation. Participants will receive academic and/or practicum credit for participation in the Rotation and will not receive compensation from OHI. Participants shall not at any time replace or substitute for the services of any OHI employee. Nor shall Participants perform any of the duties normally performed by an OHI employee except such duties as are a part of their training and are performed by the Participate under the direct supervision of an OHI employee. Instructors will receive their normal wages or salaries from Agency and will not receive compensation from OHI.
B. This Agreement represents the entire understanding and agreement between the parties with respect to the subject matter hereof, and supersedes all of the negotiations, understandings and representations (if any) made by and between such parties. This Agreement terminates and replaces the Affiliation Agreement between the parties dated February 20, 2019, and any amendments thereto, and replaces the Academic Clinical Affiliation Agreement between the parties dated September 22, 2022, and any amendments thereto. None of the terms and provisions hereof may be amended, supplemented, waived or changed orally, but only by a writing signed by each of the parties hereto.
C. This Agreement shall be construed and enforced in accordance with the laws of the State of Florida. The parties further agree that in any dispute between them relating to this Agreement, exclusive jurisdiction shall be in the courts of appropriate jurisdiction located in Orange County, Florida, any objections as to jurisdiction or venue in such courts being expressly waived.
D. In the event any litigation or controversy arises out of or in connection with this Agreement between the parties hereto, the prevailing party in such litigation or controversy shall be entitled to recover from the other party or parties all reasonable attorneys' fees, expenses and
suit costs, including those associated with any appellate or post-judgment collection proceedings, provided that this shall not be construed as a waiver of sovereign immunity beyond the waiver provided in Section 768.28, Florida Statutes.
E. In the event that OHI incurs any liability, loss, or damage of any kind (including but not limited to costs, expenses, and attorneys’ fees) by reason of claims, demands, suits, actions, judgments, and/or executions arising out of or relating to the intentional or negligent acts or omissions of Agency or any Instructor(s) or Participant(s) assigned by Agency pursuant to this Agreement, OHI reserves the right to seek contribution from Agency. Agency’s maximum liability for such contribution shall be limited to the amount of Agency’s insurance policy required under this Agreement. Each party hereto agrees that it shall be solely responsible for its own negligent or wrongful acts and for the negligent or wrongful acts of its employees. However nothing herein shall constitute a waiver by Agency of sovereign immunity or statutory limitations on liability, including, but not limited to, sovereign immunity of the State of Florida beyond the waiver provided for in Section 768.28, Florida Statute.
F. This Agreement may not be assigned, in whole or in part, by Agency without the prior written consent of OHI, to be exercised or not exercised in OHI's sole discretion.
G. Copies of this signed Agreement shall be placed on file and be available at the Clinical Learning Department of OHI.
H. Any notice to be given hereunder by either party to the other, unless otherwise provided for, must be in writing and may be effected either by personal delivery or by United States certified mail, return receipt requested, postage prepaid. Mailed notices shall be addressed to the parties at the addresses appearing below, but each party may change its address by written notice to the other.
To OHI:
To Agency
Orlando Health, Inc.
1515 Sligh Blvd, Suite 106
Orlando, Florida 32806
Attn: Patty Genday
Title: AVP, Academic Partnerships
Lake-Sumter State College
9501 U.S. Hwy 441
Leesburg, FL 34788
Attn:
Title: Mr. John Temple, LSSC President
Agency shall have the right to terminate this Agreement at any time for refusal by OHI to allow public access to all documents, papers, letters, or other materials subject to the provisions of Chapter 119, Florida Statutes, and made or received by OHI in conjunction with this Agreement, unless said documents, papers, letters, or other materials may be properly withheld by OHI pursuant to a legal or statutory exception to the provisions of Chapter 119, Florida Statutes.
1125-23
I. Agency is a political subdivision of the State of Florida subject to the public records laws contained in Article I, Section 24 of the Florida Constitution and Chapter 119 of the Florida Statutes. In the event that section 119.0701, Florida Statutes applies to OHI, OHI agrees that the terms of that statute shall be treated as incorporated by reference into this Agreement. In the event a public records request is received that requires OHI to allow public inspection or copying of public records relating to this Agreement, OHI and Agency shall cooperate in good faith and provide reasonable assistance to the other, including providing access to relevant public records needed to response in accordance with Chapter 119, Florida Statutes. If OHI refuses to allow public access to all documents, papers, letters, or other materials subject to the provisions of Chapter 119, Florida Statutes, and made or received by OHI in conjunction with this Agreement, unless said documents, papers, letters, or other materials may be properly withheld by OHI pursuant to a legal or statutory exemption to the provisions of Chapter 119, Florida Statutes, Agency must provide written notice to OHI detailing the specific assistance needed from OHI in order to respond to the public records request (the “Cure Notice”). OHI shall have ten (10) business days to provide the required assistance (“Cure Period”). If OHI fails to cure the non-compliance within the Cure Period, Agency may terminate this Agreement with thirty (30) days written notice. ALL REQUESTS FOR PUBLIC RECORDS RECEIVED BY OHI MUST BE IMMEDIATELY REFERRED / FORWARDED TO Agency IF OHI HAS
QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE CONSULTANT'S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS
CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT (352-365-3524), publicrecordsrequest@ lssc.edu, 9501 U.S. Highway 441, Leesburg, FL 34788.
J. This Agreement may be executed in any number of counterparts, each of which when so executed and delivered, shall be an original; but such counterparts shall together constitute but one and the same instrument.
XI. SIGNATURES TO AGREEMENT
IN WITNESS WHEREOF, the undersigned have executed this Agreement the day and year first above written.
Orlando Health, Inc.
Signature:
Print Name: Kelly Edmondson
Title: Vice President
Date:
Agency:
Signature:
Print Name: Mr. John Temple
Title: LSSC President
Date:
SCHEDULE A
Agency’s Program(s) Included
The following Program(s) of Agency are included under this Agreement:
CLINICAL PROGRAMS
-Medical Lab Technology
-Respiratory Therapy
- RN/ASN
-Physical Therapy Assistant
- Health Science Collegiate Academy (South Lake Hospital only)
- RN to BSN (Exclusively for Orlando Health Team Members)
NON-CLINICAL PROGRAMS
-A.S. Business Administration
-A.S. Computer Information Technology
-A.S. Management Technology
- Advanced Technical Certificate Health Services Administration
Agency will ensure that all Instructors provided by Agency meet the following requirements, in addition to all necessary professional qualifications (including all applicable licensure and/or certification requirements):
1. Health Status: All Instructors must have current immunizations as follows:
• Hepatitis B
• MMR
• Tdap
Agency will maintain required immunization records and provide copies to OHI upon request. All Instructors must have a current TST or QuantiFERON blood test Agency will notify OHI of any abnormal results.
2.Criminal Background Check:
A. Agency shall cause a criminal background check to be conducted on all instructors, prior to sending instructors to OHI’s facility. The criminal background check must include all cities, counties, and states in which the instructor has resided and in which the instructor has worked at any time during the preceding ten (10) years.
B. OHI will provide Agency with a list of convictions and/or pending charges that OHI has determined will disqualify an instructor from supervising Participants in a Rotation at OHI (See “Student Disqualification Guidelines – Criminal Background” attached hereto-Schedule E, hereafter “Disqualification Guidelines,” which shall also apply to Instructors). Agency will not send any instructor who is disqualified to OHI’s facility to supervise Participants.
C. Agency must certify to OHI that a criminal background check has been conducted on each instructor in compliance with this requirement and that no disqualified instructor has been sent to OHI’s facility to supervise Participants.
D. In the event Agency is unable to determine whether a particular instructor is disqualified pursuant to the Disqualification Guidelines, Agency will consult OHI for OHI’s evaluation and determination.
E. OHI reserves the right to require the removal of an instructor at any time if it determines that the instructor is disqualified in accordance with the Disqualification Guidelines.
F. OHI reserves the right to conduct or to require Agency to conduct a Florida Level 2 screening on any instructor when Level 2 screening is required pursuant to applicable law.
SCHEDULE C
Requirements for Participants
Agency will assure that all Participants meet the following requirements:
2. Health Status – All Participants must have current immunizations as follows:
• Hepatitis B
• MMR
• Tdap
Agency will maintain required immunization records and provide copies to OHI upon request. All Participants must have a current TST. Agency will notify OHI of any abnormal results.
3.Criminal Background Check –
A. Agency shall cause a criminal background check to be conducted on all Participants over the age of 18 years, prior to sending Participants to OHI’s facility to participate in a Rotation. The criminal background check must include all cities, counties, and states in which the Participant has resided and in which the Participant has worked at any time during the preceding ten (10) years.
B. OHI will provide Agency with a list of convictions and/or pending charges that OHI has determined will disqualify a Participant from Rotation participation (“Student Disqualification Guidelines – Criminal Background” attached hereto; hereafter “Disqualification Guidelines”). Agency will not send any Participant who is disqualified to OHI’s facility to participate in a Rotation.
C. Agency must certify to OHI that a criminal background check has been conducted on each Participant in compliance with this requirement and that no disqualified Participant has been sent to OHI’s facility to participate in a Rotation.
D. In the event Agency is unable to determine whether a particular Participant is disqualified pursuant to the Disqualification Guidelines, Agency will consult OHI for evaluation and determination.
E. OHI reserves the right to require the removal of a Participant at any time if it determines that the Participant is disqualified in accordance with the Disqualification Guidelines.
F. OHI reserves the right to conduct, or to require Agency to conduct, a Florida Level 2 screening on any Participant when Level 2 screening is required pursuant to applicable law. .
SCHEDULE D
Insurance Requirements
AGENCY
Agency shall maintain insurance coverage to pay any claims against Agency and/or Instructor, including any claims in excess of any statutory limitations on Agency’s liability.
Agency shall submit proof to OHI evidencing such coverage at the time of the execution of this Agreement, at any renewals thereafter, and upon request of OHI. Agency agrees that OHI will receive no less than thirty (30) days written notice prior to cancellation, modification, or nonrenewal of any of the coverage described herein.
PARTICIPANT/CLINICAL ROTATION
During the term of this Agreement and any renewals, each Participant in a clinical Program shall procure and maintain the following insurance coverage:
Professional liability insurance covering such Participant for claims, damages, or injuries to persons or property arising out of the activities of such Participant carried out under this Agreement. Such insurance shall be in the minimum amounts of One Million Dollars ($1,000,000) per occurrence and Three Million Dollars ($3,000,000) annual aggregate.
A student will be disqualified from placement at any Orlando Health facility if the student admits to, or a criminal background check reveals, an arrest awaiting final disposition of, or entered a plea of nolo contendre or guilty to, a conviction or any disposition other than a finding of "not guilty" or a complete dismissal of the charges for one or more of the following generic crimes or their equivalents:
• Murder
• Manslaughter
• Carjacking
• Use of a weapon in the commission of a crime
• Robbery
• Theft (including, misdemeanor or felony but not limited to, theft by falsification of financial records or embezzlement
• Credit card fraud/fraudulent use of a credit card
• Passing worthless checks
• Forgery
• Identity theft
• Burglary
• Arson
• Kidnapping
• False Imprisonment
• Home invasion
• Assault
• Aggravated assault
• Battery
• Aggravated battery
• Resisting arrest with violence
• Domestic violence
• Any stalking offense
• Rape
• Sexual battery
• Trespass for sexual purposes (e.g., peeping)
• Lewd and lascivious behavior
• Lewd and lascivious act upon a child
• Lewd act in the presence of a child
• Child abuse
• Child abandonment
• Child neglect
• Any other crime involving physical violence or a crime against a child
• Possession of child pornography
• Sale, delivery or trafficking in child pornography
• Exploitation, neglect, or abuse of a disabled adult or elderly person
• Sale, delivery or trafficking in narcotics (drugs)
• Felony possession of a controlled substance Any other felony level offense involving violation of a drug abuse prevention and control law (including but not limited to felony level possession, sale, purchase, manufacture, or use of controlled substance in violation of applicable law
• Falsification of prescription records
• Felony driving while intoxicated or under the influence of drugs or alcohol
• Terrorism
• Escape or attempted Escape from incarceration
• Prostitution
• Hate crimes
• Abuse, neglect, or exploitation of aged persons, disabled persons, or minor children.
• Any offense prohibited by any federal or state statutes or regulations relating to healthcare compliance.
• Any listing of debarment, exclusion, or ineligibility for participation in a federal healthcare program.
A student who admits to, or whose criminal background check reveals, a criminal conviction or any disposition other than a finding of "not guilty" or a complete dismissal of the charges relating to crimes other than those listed above is not automatically disqualified and may be considered for placement at an Orlando Health facility based on a case-by-case evaluation, including, but not limited to, the following factors: nature of the offense(s); criminal history (pattern/recidivism); remoteness in time of the offense; relevance of offense to position being offered; age at time of offense; and evidence of rehabilitation.
4812-5838-4214, v. 1
ITEM: 1125-24
PREPARED BY AND AFTER RECORDING, RETURN TO:
Hartman Simons & Wood LLP
400 Interstate North Parkway, SE Suite 600
Atlanta, Georgia 30339
Attn: Ben D. Gordon, Esq.
CROSS REFERENCE:
O.R. Book 3998, Page 838-842, Public Records of Lake County, Florida
TERMINATION OF PERMANENT GATEWAY SIGN EASEMENT AGREEMENT
THIS TERMINATION OF PERMANENT GATEWAY SIGN EASEMENT AGREEMENT (this “Agreement”), is made this _____ day of June, 2025 (“Effective Date”) by and between SILVER LAKE COMMONS LLC, a Florida limited liability company (“Grantor”), and DISTRICT BOARD OF TRUSTEES OF LAKE-SUMTER COMMUNITY COLLEGE, a political subdivision of the State of Florida created under the laws of the State of Florida (“Grantee”).
W I T N E S S E T H:
WHEREAS, City of Leesburg, as predecessor-in-title to Grantor as owner of the Sign Easement Property (as defined in the Easement) and Grantee entered into that certain Permanent Gateway Sign Easement Agreement dated October 25, 2010, and recorded in Official Records Book 3998, Page 838, Public Records of Lake County, Florida (the “Easement”), whereby, Grantee was granted perpetual, non-exclusive easement and ingress and egress rights, under, over and across a portion of certain property for signage purposes, with full authority to enter upon construct, repair, replace and maintain a gateway sign for Lake-Sumter Community College; and
WHEREAS, Grantor and Grantee have agreed to terminate the Easement and are entering into this Agreement to memorialize the same
NOW, THEREFORE, for and in consideration of the sum of Ten and No/100 Dollars ($10.00), the mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
1. Terms and Recitals. Capitalized terms herein, not otherwise defined herein, shall have the same meaning ascribed to them in the Easement. The recitals set forth above are accurate and hereby incorporated into the substantive body of this Agreement.
2. Termination of Easement Effective as of the Effective Date, Grantor and Grantee hereby acknowledge and agree that: (i) the Easement is terminated in its entirely; (ii) the Easement shall be of no further force and effect; and (iii) no person shall have any further rights or obligations under the Easement.
3. Miscellaneous. This Agreement shall be governed by and construed in accordance with the laws of the State of Florida. Wherever possible, each provision of this Agreement will be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be prohibited by or invalid under such law, such provision is ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement. Neither this Agreement nor any provision hereof may be changed, waived, discharged, modified, or terminated orally, but only by an instrument in writing signed by the party against whom enforcement of the change, waiver, discharge, modification, or termination is sought. This Agreement may be executed in several counterparts, each of which may be deemed an original, and all of such counterparts together shall constitute one and the same Agreement.
[Remainder of the page intentionally blank. Signatures on following pages.]
IN WITNESS WHEREOF, Grantor and Grantee have caused this Agreement to be executed by its duly authorized representatives as of the day and year first above written.
WITNESSES:
Name: _________________________________
Address: _______________________________
GRANTOR:
SILVER LAKE COMMONS LLC, a Florida limited liability company
By __________________________(SEAL)
Joseph N. Schuemann, its Manager
Name: _________________________________
Address: _______________________________
STATE OF _____________________ ) ) SS: COUNTY OF ______________________ )
On this ____ day of ______________, 2025, before me, the undersigned Notary Public in and for said County and State, personally appeared Joseph N. Schuemann, as Manager for SILVER LAKE COMMONS LLC, a Florida limited liability company, who executed the foregoing instrument on behalf of said entity for the purposes therein expressed; s/he is personally known to me and did not take an oath. In witness whereof, I have hereunto set my hand and official seal the day and year last above written.
Type Name: ____________________________
My commission expires: ____________________
[AFFIX NOTARIAL SEAL]
[SIGNATURES CONTINUED ON NEXT PAGE]
WITNESSES:
Name: _________________________________
Address: _______________________________
GRANTEE:
DISTRICT BOARD OF TRUSTEES OF LAKESUMTER COMMUNITY COLLEGE
By __________________________(SEAL)
Name___________________________
Title: Chairperson
Name: _________________________________
Address: _______________________________
By __________________________(SEAL)
Name___________________________
Title: President
On this ____ day of ______________, 2025, before me, the undersigned Notary Public in and for said County and State, personally appeared __________________, as Chairperson of the DISTRICT BOARD OF TRUSTEES OF LAKE-SUMTER COMMUNITY COLLEGE, a political subdivision of the State of Florida created under the laws of the State of Florida, who executed the foregoing instrument on behalf of said entity for the purposes therein expressed; s/he is personally known to me and did not take an oath. In witness whereof, I have hereunto set my hand and official seal the day and year last above written.
Type Name: ____________________________
My commission expires: ____________________
[AFFIX NOTARIAL SEAL]
STATE OF _____________________ ) ) SS: COUNTY OF ______________________ )
On this ____ day of ______________, 2025, before me, the undersigned Notary Public in and for said County and State, personally appeared __________________, as President of the DISTRICT BOARD OF TRUSTEES OF LAKE-SUMTER COMMUNITY COLLEGE, a political subdivision of the State of Florida created under the laws of the State of Florida, who executed the foregoing instrument on behalf of said entity for the purposes therein expressed; s/he is personally known to me and did not take an oath. In witness whereof, I have hereunto set my hand and official seal the day and year last above written.
Type Name: ____________________________
My commission expires: ____________________ [AFFIX NOTARIAL SEAL]
ITEM:
1125-25
EXTENSION OF AGREEMENT BETWEEN THE DISTRICT BOARD OF TRUSTEES OF LAKE-SUMTER STATE COLLEGE AND LAKE TECHNICAL COLLEGE RELATING TO THE USE OF SOUTH LAKE FACILITIES
This Extension of the Agreement (“Extension”) made and entered into by and between The District Board of Trustees of Lake-Sumter State College, a political subdivision of the State of Florida (LSSC), and Lake Technical College (“LTC”). Collectively, LSSC and LTC may be referred to as the “PARTIES.”
RECITALS
Whereas, the PARTIES entered into an agreement on July 1, 2021 that allowed LTC to utilize space on the campus of LSSC that permitted them to offer technical and adult education programs on the campus of LSSC; and
Whereas, the Agreement was extended pursuant to that Extension of Agreement between the District Board of Trustees of Lake-Sumter State College and Lake Technical College Relating to the Use of South Lake Facilities dated April 17, 2023; and
Whereas, that extension of the Agreement expired on June 30, 2024; and
Whereas, the PARTIES are desirous of extendingdesire to extend that Agreement retroactively from July 1, 2024 through June 30, 2026 to allow LTC to continue using the classrooms for the purposes authorized in the Agreement as provided through June 30, 2026
NOW THEREFORE, IN CONSIDERATION of mutual covenants set forth in the prior Agreement and, contained in this Extension of that Agreement, and for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the PARTIES agree as follows:
1. RECITALS. The Recitals set forth above are true and correct, form a material part of this Extension and are incorporated herein by reference.
2. TERM OF EXTENSION TO THE AGREEMENT. This Extension, upon full execution of the PARTIES, shall be deemed to have retroactively taken effect on July 1, 2024 and extend through June 30, 2026.
3. PRIOR TERMS. All prior terms and conditions contained in the Agreement of July 1, 2021 shall remain in full force and effect through June 30, 2026, and it is further agreed that the terms and conditions of that original Agreement have been
continuously in effect since July 1, 2021. up to the date this Extension is fully executed.
3.4. RENT. LSSC agrees to waive its right to collect rent during the term of this Agreement.
IN WITNESS WHEREOF, the PARTIES have caused this Extension to be executed by their duly authorized representatives on the date first above last written below
RENTAL
The College agrees to waive monetization of rent during the term of this agreement.
ON BEHALF OF THE DISTRICT BOARD OF TRUSTEES OF LAKE-SUMTER STATE COLLEGE
Mr. John Temple, President
Date:
LAKE TECHNICAL COLLEGE
Ms. DeAnna D. Thomas, Exec Dir
Date:
APPROVED AS TO FORM AND LEGALITY
LEGAL COUNSEL
Date:
ITEM: 1125-27
Back to agenda
ITEM: 1125-27
Letter of Interest Partnership Proposal for a Film & Media Studio at Lake-Sumter State College
John P. Temple President
Lake-SumterStateCollege
9501 U.S. Highway 441
Leesburg, FL 34788
October 14, 2025
Dear President Temple,
On behalf of DJK-KJD, I am delighted to share our interest in forming a partnership with Lake-Sumter State College (“LSSC”) to establish a state of the art, Digital Media Facility on your campus. We believe this facility will represent a transformative step for the college, your students, and the wider Central Florida community. DJK-KJD is an immersive studio firm whose mission is transforming lives and futures with our deep expertise in multimedia production Together, we can create a space where education and industry truly intersect.
The vision is to build a state-of-the-art virtual production studio that operates both as a professional creative facility and as an educational innovation hub. Students will be immersed in the same workflows and technologies used in the leading global, media industry hubs, giving them an unparalleled opportunity to graduate with real-world experience. At the same time, the studio will be capable of delivering productions at industry standards, enabling LSSC to participate in creative work that can attract projects and partners to the region.
This project directly aligns with LSSC’s strategic plan It will broaden access to new academic programs in digital media and the creative arts It will enhance workforce development by equipping graduates with skills that are highly sought after in Florida’s growing media and production industries. It will enrich student success by providing immersive, hands-on learning, and it will strengthen the campus environment with an exciting, forward-looking facility that places LSSC at the center of the state’s creative economy.
We envision many ways this facility will benefit the college Students will leave with not only diplomas, but portfolios that include credits on professional projects. Faculty will gain opportunities to collaborate with industry on research and creative initiatives, opening doors to grants and cross-disciplinary exploration. The community will also benefit, as the studio can host screenings, workshops, and events that showcase the talent and innovation fostered at LSSC.
From our side, DJK-KJD is ready to contribute significant resources to bring this vision to life. We are in the midst of a $10m fundraising campaign and our investors require a Memorandum of Understanding (MOU) with LSSC. We propose entering into a non-binding MOU that outlines the partnership and agreements between DJK-KJD and Lake-Sumter State College, including our rights to utilize 3 acres of the campus in phase one of the partnership to create our studio complex, with more acreage in further phases that will include a backlot, theater and other tourist attractions. The MOU will give us an exclusive window to develop and officially green-light the project and allow us to express to our investors secured interest from Sumter College A 6-12 month window will allow for a timely negotiation with investors, to close investment and begin development expeditiously.
Subject to agreement, we will provide design and technical expertise to ensure the facility is both innovative and sustainable. We will equip the studio with advanced technology such as render farms, motion capture systems, and real-time production tools. We will open pathways for internships and mentorships by connecting LSSC students to our network of industry professionals. And we will remain engaged as a long-term partner, offering guest lectures, workshops, and opportunities for students to participate in live productions.
We are confident that this initiative can serve as a landmark partnership one that builds opportunities for students, advances LSSC’s mission, and positions Central Florida as a hub for creative excellence. We would be honored to meet with you and your leadership team to share detailed concepts, explore potential funding models, and outline a roadmap for making this vision a reality.
Thank you for considering this proposal. We are genuinely enthusiastic about the potential of this collaboration and look forward to the opportunity to discuss it further.
This Letter of Interest is not intended to create any legal obligations and is subject to the negotiation and execution of definitive agreements.
