1 / 19

Shoreline Community College All-Campus Meeting

Shoreline Community College All-Campus Meeting. October 30, 2009. National conversation. "In today's global economy, innovation is critical. The emergence of challengers from rapidly developing economies such as India and China has transformed the playing field.“ James P. Andrew,

ann-medina
Download Presentation

Shoreline Community College All-Campus Meeting

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Shoreline Community College All-Campus Meeting October 30, 2009

  2. National conversation "In today's global economy, innovation is critical. The emergence of challengers from rapidly developing economies such as India and China has transformed the playing field.“ James P. Andrew, Senior PartnerBoston Consulting Group "A skilled, educated workforce is the most critical element of innovation success - and the hardest asset to acquire. Innovation requires capable and skilled people at every level—from the factory floor to the top floor.“ Emily Stover DeRocco,President,The Manufacturing Institute

  3. National conversation • American Graduation Initiative • $12 billion • Increase CC grads 5 million by 2020 • Gates/Lumina/AACC/ACCT accountability grant • $1 million, eight pilot sites • Gates/NAM grant • SCC one of four pilot projects

  4. National conversation Workforce Pipeline Challenges • Shrinking number of high school graduates • Retiring workers • Global competition • Smaller, more mobile world

  5. National conversation 88 million adults face at least one education barrier H.S. Diploma, No college No H.S. Diploma 56.3 M 26.4 M 8.2 M 5.0 M 5.2 M Speak English “Less Than Very Well” Source: Report on the National Commission on Adult Literacy, June, 2008 / U.S. Census Bureau

  6. National conversation

  7. Accreditation/Policy Governance Core themes Educational Attainment/Student Success Program Excellence Community Engagement Access and Diversity College Stewardship

  8. Financial Outlook

  9. Financial Review and Outlook June 2009: WA revenue forecast projects $1.0B shortfall SCC: ~$550,000 Reduction to system budget puts WA below threshold required for stimulus $ OFM pushes reduction to FY 2011, SBCTC and college’s protest Exemption researched, none available

  10. Financial Review and Outlook September 2009: WA revenue forecast projects $1.2B shortfall, plus caseload impact = $1.8B I-1033 (“Eyman Initiative”): potential additional impact (SCC portion: $986,593 in FY2011) Federal stimulus spending threshold: impact not > $80M

  11. Financial Review and Outlook Potential range of SCC budget reduction in FY 2011 (without I-1033: $1.35M (6%) to $2.7M (12%) Potential range with I-1033 impact: $2.3M (10%) to $3.8M (16.8%)

  12. Is SCC different? 5 consecutive years of budget cuts Total cut since 2005: $5.5M (average of $1.1M per year) 51% ($2.8M) of the total reduction is non-systemic (only SCC)

  13. “Can Someone Please Make Sense?” The Message The Facts “The recession is over and economic activity has stopped declining” “The risk to the outlook is still significant, but downside risks have diminished and are now balanced with upside risks” Though the recession may be ending, recovery to peak output will be slow Employment growth will lag the recovery, as will the peak in the unemployment rate Job losses will continue through the end of the year and the unemployment rate will continue to rise through mid-2010

  14. “Can Someone Please Make Sense?” The Message The Facts “Recent data are showing signs of imminent turnaround in the Washington economy” The September 2009 forecast for the 2009-11 biennium is $29.6 billion, which is $230.9 million less than expected in June. Twenty percent of the forecast reduction is the result.

  15. What Can We Expect? Larger budget cut (one year v. two) Less number of “vacant” positions available to reduce Diminished capacity to meet and support current FTE targets Reorganize and Restructure

  16. Reorganize and Restructure: How Should the College Think About This? Anticipate within a wide range of budget reduction targets Input from College Council, Budget and Strategic Planning Committees Incorporate Budget Committee findings and recommendations

  17. Reorganize and Restructure: How Should the College Think About This? Define “Transparency” Establish principles and guidelines (i.e., “criteria”) for reorganizing and financial planning Create a timeline

  18. Planning for the Future: FY 2011 and Beyond To stay in front of the curve, plan 18-24 months ahead Balance the college’s revenue portfolio Even after “recovery,” the CTC system in WA will look very different than it does today Proactive v. Reactive

  19. What Can We Do? Meet student needs Focus on the core themes Strategic pursuit of resources Snap-On Amgen Solar center Sustain, build community Help define “transparency”

More Related