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October 6, 2010 - PowerPoint PPT Presentation


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Faculty Senate . President’s Report. October 6, 2010. Update. Frankfort/Economic update Employment Medicaid – Session 7 Strategies Capital Campaign TIF Searches “On the Road Again”. We know that nationally times have been unprecedented.

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Presentation Transcript
slide1

Faculty Senate

President’s Report

October 6, 2010

slide2

Update

  • Frankfort/Economic update
    • Employment
    • Medicaid – Session
  • 7 Strategies
    • Capital Campaign
    • TIF
  • Searches
  • “On the Road Again”
slide3

We know that nationally times

have been unprecedented

* Lowest level during the current recession. The next two quarters (2009: III and IV) have been positive.

Sources: NBER, BEA, and BLS.

slide5
The economy has lost momentum – but should avoid a “double dip”

Accelerated growth first half of the year. Inventory build up

Consumer is saving – long term a good thing

Business also cautious - cost containment – not adding workers

Slow/very slow recovery

National Economic Thoughts

kentucky employment
Kentucky Employment

Nonfarm employment in thousands

6

slide7

Kentucky Economy:

Manufacturing – Our Bread and Butter

(in thousands)

7

legislative session
Legislative Session
  • Is there ever a short session?
  • An election year!
  • Medicaid is still hemorrhaging
    • Federal help less than expected

8

slide9

Rebate/expand Siemens

e.g. Shelby Campus

Discussion continues as does the war

Lots of promise

Record year again, but…

Kentucky Trailer’s next

slide10

Tax Increment Financings

HSC TIF

Kentucky Trailer

slide11

Other Strategies

  • ULF
    • Loan
    • Change in payout policy
  • Things we are beginning to talking about
    • Enhanced sponsorships
slide12

Searches

  • EVPHS
  • EVPR&I