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University of Louisville. Presentation to Jefferson County Delegation. UofL: It’s Happening Here!. 1/13/09. Thank You for Joining Us. 2008 The Good (the Great) The Bad The Ugly. Good (Great)Things Happen for a Reason. House Bill 1 - 1997

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University of Louisville

Presentation to

Jefferson County Delegation

UofL: It’s Happening Here!

1/13/09


Thank You for Joining Us

  • 2008

    • The Good (the Great)

    • The Bad

    • The Ugly


Good (Great)Things Happen

for a Reason

House Bill 1 - 1997

A Public Agenda for Higher Education to Build Economy

Boyle Report – 1996

Community Agenda to Build Economy

Challenge for Excellence

UofL 10 Year Plan

1998 - 2008


The Good (Great)


The Good (Great) 2008


The Good (Great) 2008


The Good (Great) 2008


2008

We did what we said

we would do – but it is

“Time to Finish the Job”


“The 2020 Plan”

Educational Excellence

Achieve “Double the Numbers” goals (CPE)

Award 350 doctoral degrees, up from 151

Achieve Phi Beta Kappa Chapter

Transform campus life and housing so that 32% of our students live on campus

Double the number of nationally recognized programs – 30 to 60


“The 2020 Plan”

Research, Scholarship and Creative Activity

Recruit 180 nationally recognized researcher/scholars and increase total grant and research to $400M, including $193.5M in federal funding

Achieve NCI Cancer Center designation


“The 2020 Plan”

Community Engagement

Expand our commitment to downtown Louisville and support all Kentucky cities through the City Solutions Center

Achieve the 13 goals of the West Louisville Signature Partnership to reduce disparities in education, health, economic and social conditions; Carnegie designation recognition


“The 2020 plan”

Diversity, Opportunity and Social Justice

Be the leader nationally in preparing students to live and work in a global society, with particular emphasis on cultural diversity, international studies, and social justice


“The 2020 Plan”

Creative and Responsible Stewardship

Increase our endowment from $796.8M to $1.5B in 2014 and to $3B in 2020

Spur economic development in Louisville and Kentucky through the commercialization of research at our business development and commercialization enterprises (Nucleus, Metacyte, Haymarket, Shelby Campus energy center)


The 2020 Plan Allows Us to

  • Keep momentum

  • Keep moving forward

    While dealing with

    Bad and Ugly!


The Bad

44 States Face Budget Shortfalls

SOURCE: Center on Budget and Policy Priorities 12/23/08


The Bad

Employment in Kentucky Has Dropped Since September 2008

(Nonfarm employment in thousands)

Jan. 2000

1,814.8

Nov. 2008

1,857.4

Jan. 2006

1,839.8


The Bad

Manufacturing Employment in Kentucky Has Dropped Since 2000

(Manufacturing employment in thousands)


The Bad

Education and Health Services Employment

Has Grown Equaling Manufacturing


And Now the Ugly (Real Ugly!)


Governor’s Midyear Budget Proposal

  • Revenue shortfall -- $456M this year!

  • State units ↓ 4% Universities 2% if . . .

  • Cigarette tax increase 70¢ to $1 per pack

  • Will cuts be recurring?

  • The forecast for next year is problematic


Impact of Budget Cutsand Threats They Create

  • Will reduce graduation and retention rates

  • Admission Office – threatens attraction of quality new and transfer students

  • Slows recruiting in state, especially among neediest

  • Limited or reduced need and merit based aid


Impact of Budget Cutsand Threats They Create

  • Increased tuition and other student fees

  • Reduced overall student services

  • Reduced funding support to recognized student organizations

  • Delayed renovation and/or construction of student housing


Impact of Budget Cutsand Threats They Create

  • Reserves are dangerously low

  • Increasingly dependent on sources of one-time money for long-term needs

  • Operating expenses based on increased tuition and deferred maintenance

  • Faculty/teacher ratios continue to rise, threatening future quality of programs

  • Losing ability to attract and retain talented faculty


Impact of Budget Cutsand Threats They Create

  • Postponed hiring research faculty positions

  • Implemented research faculty hiring freeze

  • Reduced research budgets

  • Severely impacts the growth of the research mission


Impact of Budget Cutsand Threats They Create

  • Less economic development

  • Fewer business start-ups

  • Inhibits reaching 2020 goals of $400 million in sponsored research activity

  • Slows progress towards key achievements such as National Cancer Institute (NCI) designation


Real Impact of Revenue Shortfall09-10 and Beyond

  • Strategies – What we have been doing/will continue to do

    • Efficiencies/re-engineering (over $55M savings/more to come)

    • Under /nonperforming assets

    • Clinical income

    • Partnerships (Dataseam)

    • Fundraising

    • Contract income

    • Innovation (TIF)

    • We have created a special campus committee to further look at programs


The 2009 Session

Coal Severance in Jefferson County

  • Dataseam

    A winning proposition for the entire state

  • Trover Clinic in Madisonville

    Training rural doctors


Kentucky Dataseam Initiative


Dataseam: UofL Connects the Dots for Kentucky

$8 MILLION IN SAVINGS TO UofL

SCHOLARSHIPS FOR ENTERING UofL

DR. JOHN TRENT HARNESSES SCHOOL COMPUTERS

UofL

DATASEAM

FINDING ANSWERS 300 TIMES FASTER

STEM

EDUCATION

SAVINGS TO SCHOOL DISTRICTS

TWO DRUGS MOVING INTO CLINCIAL TRIAL

4-IPP

3PO

Advanced Cancer

Therapeutics


The 2009 Session

UofL Priorities

  • New Revenue

  • Retain Bucks for Brains

  • Translational research funds

    • Approve construction of classroom buildings

      • Student recruitment

      • Revenue generation

      • Construction jobs

      • Provide maintenance and operation funds

      • Don’t tie hands on tuition


Making the Case for New Revenue

  • Will support whatever revenue plan you propose

  • Will help make case

  • Health related case regarding higher cigarette tax

  • Engage students, alumni, faculty, your fellow legislators


The 2009 Session

Thank you for your support.

We look forward to working with you this year!


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