Transcript Prichard Committee Presentation (ppt)

Top 20 Business Plan
Postsecondary Education Reform:
The Top 20 Compact between UK
and the People of Kentucky
UK’s Progress So Far:
Why Top 20 matters…
Quality of Life Measures
Average in States
Median Household Income
National Average
w/ Top 20 Universities Kentucky
$44,436
$46,856 $36,786
Percent of Population on Medicaid
17%
14%
19%
Population Below the Poverty Level 12%
11%
16%
Population with Bachelor's Degree
28%
19%
27%
Business Plan vs. Strategic Plan
 This Business Plan is a long-term
financial document. It quantifies how
much Top 20 status will cost and the
return on investment (ex., more degrees
and research productivity).
 The next Strategic Plan (for 2006–2009)
will define specific measures of quality,
establish strategic goals for excellence,
and direct the allocation of resources
across campus.
Development of the Business Plan
1
How do we define ‘Top 20’ status?
2
Where does UK rank now?
3
Where will the 20th institution be in 2020?
4
What is the gap?
5
What resources will it take to fill the gap?
Measures of Engagement
 Nationally accepted measures for evaluating
engagement outcomes and their impact are
not yet defined.
 Examples of engagement activities:
•
•
•
•
Access to libraries and the Arts
Applied research focused on public problems
Extension education
Direct services through the University Hospital,
clinics, or labs
• Economic and community development
 The next Strategic Plan (for 2006–2009) will
include measures of statewide engagement.
Making national comparisons
COMPOSITE SCORE
DOMAINS
MEASURES OF PROGRESS
Undergraduate Education Score
Undergraduate Education Score
[ACT/SAT (2004), Graduation Rate
(2004),
Others
8.00
UK and Benchmarks
6.00
Score
4.00
2.00
0.00
UK
49th
(2.00)
(4.00)
(6.00)
0
20
40
60
80
Rank Among 88 Public Research Universities
100
Graduate Education Score
Graduate Education Score
[Doctorates Awarded (2004) and
Postdoctoral Appointees (2002)]
Others
8.00
UK and Benchmarks
6.00
Score
4.00
2.00
0.00
UK
34th
(2.00)
(4.00)
(6.00)
0
20
40
60
80
Rank Among 88 Public Research Universities
100
Faculty Recognition Score
Faculty
Recognition
Score (2003)]
[Citations
(2000-04)
and Awards
Others
8.00
UK and Benchmarks
6.00
Score
4.00
2.00
UK
37th
0.00
(2.00)
(4.00)
(6.00)
0
20
40
60
80
Rank Among 88 Public Research Universities
100
Research Score
Research
ProductivityResearch
Score
[Federal
and Non-Federal
Others
8.00
UK and Benchmarks
6.00
Score
4.00
UK
26th
2.00
0.00
(2.00)
(4.00)
(6.00)
0
20
40
60
80
Rank Among 88 Public Research Universities
100
UK’s Rank Among 88 Institutions
Since 1997, UK
moved from
40th to 35th
UK
Six-Year Graduation Rate
Federal Research Expenditures
 In 2005, UK’s federal research
expenditures were $143 million
Growth Targets for 2020
Undergraduates
Graduates, First Professional
Postdoctoral Appointments
Total
Faculty
Research Expenditures
Bachelor's Degrees Granted
Doctorates Granted
2004
2012
2020
Change
18,492
20,374
24,692
6,200
7,252
7,642
8,002
750
295
438
670
375
26,039
28,454
33,364
7,325
1,920
2,133
2,545
625
$298 M
$476 M
$768 M
$470 M
3,285
4,800
6,350
3,065
276
350
465
189
What resources will it take to fill the gap?
 Faculty growth, then enrollment growth
 Improve financial support to undergraduate
and graduate students
 Increase the average instructional faculty
salary to the benchmark median
 Maintain competitive staff salaries and
benefits
 Increase physical plant
Facilities
Business Plan Summary
IN MILLIONS
2006
2012
2020
General Fund
Expenses
$1,176
$1,657
$2,273
General Fund
Revenues
$1,176
$1,439
$1,852
-
$218
$421
GAP:
UK will provide 40 percent of the needed
investments from sources such as:




Annual Giving
Research Recovery
Hospital and Clinical Services
Internal Reallocation
The remaining 60 percent of the
needed investments should come
from the state and students
2006-08 State Appropriation Increases
(in millions)

2006-07
 CPE Request
$13.7
$13.6
 UK Top 20 BP
$17.7
$18.7
 Governor’s Proposal $4.6
 House Proposal
$4.6
 Senate Proposal
$4.6
2007-08
$4.6
$13.9
$24.0
Top 20 Challenges
 Commonwealth’s Ability to
Fund the Plan
 Kentucky Population Trends
 Affordability
 Federal Research Budget
 Bonding Authority
www.uky.edu/top20