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GLI Top Investors and Executive Committee. Dr. James R. Ramsey President. November 18, 2009. Economists like pictures and graphs Some dots and a triangle…. 2. Last year was a … of a year!. Wind Ice Flood Neurosurgery Personnel Issues

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Presentation Transcript
slide1

GLI

Top Investors and

Executive Committee

Dr. James R. Ramsey

President

November 18, 2009

last year was a of a year
Last year was a … of a year!
  • Wind
  • Ice
  • Flood
  • Neurosurgery
  • Personnel Issues

And of course, the worst economy since the Great Depression.

3

we know that nationally times have been unprecedented and who knows
We know that nationally times have been unprecedented… and who knows?

GDP Declines During Postwar Recessions

(peak-to-trough percent change; date is year of peak quarter)

4

kentucky has not been immune to those impacts
Kentucky has not been immune to those impacts

Nonfarm employment in thousands

Dec. ’07

1872.4

Sep. ‘08

1845.0

Employment loss – 4.7%

State General Fund loss – 4.0%

Sep. ’09

1758.6

Notes:

Employment 2009 < employment 1999

6

slide7

Kentucky Economy:

Manufacturing – Our Bread and Butter

Manufacturing employment (in thousands)

Sep. 2009

208.9 (p)

p: preliminary

7

we kentucky face challenges
We (Kentucky) face challenges
  • Big challenges
  • Structural challenges
  • We will struggle for a while – next biennium budget will be ugly

In the words of that great philosopher, Lily Tomlin,

“It’s going to get a lot worse before it gets worse.”

8

some numbers depressing aren t they
Some numbers…(Depressing, aren’t they)

e – estimate

a – actual

r - revised

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what s all this have to do with uofl
What’s all this have to do with UofL?

We are expected to help improve economic opportunity and quality of life for Kentuckians (HB1 – 1997)

Law has not changed.

u of l to be premier nationally recognized metropolitan research university
“U of L to be Premier Nationally Recognized Metropolitan Research University”

“Challenge for Excellence”

(1998 – 2008)

“We met Challenge”

2020 Plan

slide12

The weak economy has an impact on us too…

Kentucky Employment Losses

State Individual Income Tax/Sales Tax

Cuts/Cuts/Cuts

9 for 9

slide13

But no one is…

hanging it up

or calling it quits

just because we are

challenged –

To the contrary…

our students
Our Students…
  • Freshman class average ACT
    • 1998 – 21.4
    • 2009 – 24.5
  • State avg. – 20.8 (19.4)
  • National avg. – 21.1
  • 24 National Merit Scholars
  • More students from outside Jefferson
  • County than inside

14

slide15

Why we are getting

the best students…

  • Commitment to quality
    • Our Covenant
  • Affordable
  • Small campus experience
    • Freshman English classes are limited to 22 students
    • 19:1 student/faculty ratio
    • Active student advising
  • Engagement
    • 250 student organizations and growing
    • Campus
  • A “research” university
  • Our Community
    • UofL named one of America\'s Top 25 \'Best Neighbors\' - #12

15

slide16

Our Graduates…

  • 1998 – 1,734 degrees awarded
  • 2009 – 2,428 degrees awarded
    • 2020 Goal – 3,074
  • Graduation rate
    • Increased from 30% in 1998 to 48.4% in 2009
    • 2020 Goal – 60%
  • Doctoral Degrees
    • 1998 – 76
    • 2009 – 142
    • 2020 Goal - 350

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and while we like our athletic success
And while we like our athletic success…
  • 5th Men’s Basketball (‘08-’09 season)
  • 17th Men’s Baseball (‘08-’09 season)
  • 22nd Men’s Tennis (current)
  • 29th Men’s Swimming/Diving (current)
  • 40th Men’s Golf (current)
  • 2nd Women’s Basketball (‘08-’09 season)
  • 11th Women’s Field Hockey (current)
  • 16th Women’s Golf (current)
  • 18th Women’s Rowing (current)
  • 22nd Women’s Swimming/Diving (current)
  • 22nd Women’s Indoor Track & Field (‘08-’09 season)

17

how bout these rankings numbers
How ‘bout these rankings/numbers!
  • #1 World ranking for Cardinal Singers
  • 2nd Percent of growth in Federal Research funding 2001-08
  • 9.5% Increase in transfer students
  • 11th School of Dentistry Research rank
  • 12th Best “Community” Neighbor
  • 13th Medicaid managed healthcare plan
  • Top 15% Military Friendly School
  • 16th School of Business Graduate Entrepreneurship
  • 20th Entrepreneurship productivity
  • 20th Number of Fulbright Scholars
  • 20th University increase/jump in Business Week public ranking
  • 24 National Merit Scholars in Freshman class
  • Fast 50 – Jonathan Blue – Louisville’s fastest growing privately held company

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our research
Our Research…

Research Funding

and NIH Funding

Total grants:

1998 - $42 M

2009 - $140 M

2020 Goal - $400 M

19

from mind to marketplace
“From mind to marketplace”

Note: By 2008, 130 patents were issued, a 136% increase since 1998.

and our research helps kentucky
And our research helps Kentucky...
  • The Conn Center for Renewable Energy
  • Research and Environmental Stewardship
    • Argonne National Laboratory
  • Cancer Care/Drugs
    • E.g. Gardasil
  • Heart care/research
    • E.g. Adult Stem Cells to regenerate heart

21

our faculty is critical to kentucky s healthcare
Our faculty is critical to Kentucky’s healthcare…
  • State of the art medical care provided by 460 faculty physicians who are the best teachers and researchers
  • James Graham Brown Cancer Center
  • University Hospital Level I Trauma Center
  • The safety net for the underinsured and the uninsured
    • ULH: 21% uninsured normal times; today => 30%

22

we are driving the economy
We are driving the economy…

New arena and other construction projects

Louisville Arena

Center for Translational Research

ShelbyHurst

Haymarket

23

Since 2002 – over $800 million in capital construction

we have
We have…
  • Been challenged
  • Made progress
  • Have more to do

And despite challenges, we are focused and

committed.

And we embrace“Idea City”

Louisville will be the idea capital of the world, where imaginations and individuals thrive

24

slide25

Keeping the engines running…

  • 4 keys to Kentucky’s future
  • Education
  • Education
  • Education
  • Education
  • The fuel for an economic recovery is educating Kentucky’s citizens.

25

education pays
Education Pays

Per Capita Income in All 50 States v. Adults

with Bachelors Degrees or Higher

Data for 2007

2007

26

slide28

2010 Legislative Priorities

Support CPE Recommendations

  • Fund maintenance and operations for current buildings
  • Increase base funding
  • Fund additional classroom space
  • Keep “Bucks for Brains” alive

28

we need your support
We need your support…

You are our messengers to the legislators!

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