1 / 12

Parity Funding

Parity Funding. Beyond the Basics. Parity Funding- Historical Recap. Formula Allocations Hold Harmless Agreement Advent of Performance Funding “One Time” Adjustment. Parity Funding. Current Funding Levels Total MRR $1.3 Billion Appropriations $694 Million

teagan
Download Presentation

Parity Funding

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. Parity Funding Beyond the Basics

  2. Parity Funding- Historical Recap • Formula Allocations • Hold Harmless Agreement • Advent of Performance Funding • “One Time” Adjustment

  3. Parity Funding Current Funding Levels • Total MRR $1.3 Billion • Appropriations $694 Million • Overall Funding Level 52% (based on MRR)

  4. Parity Funding Funding Levels by Sector Based on MRR Overall Lowest Highest • Research Universities 56% 50% 59% • Teaching Universities 53% 38% 65% • USC Regionals 52% 43% 63% • Technical Colleges 45% 41% 67% • All Sectors 52%

  5. Parity Funding • Challenges: • Difficulty in Reallocating Resources • Lack of Increases in Funding

  6. Parity Funding • Major Issues • What is Parity? • Equal Funding Levels? • Where we were before the budget cut? • Minimum Level of Funding? • Relative Range?

  7. Parity Funding • Major Issues – continued: • When do we begin to address parity? • Now? • When new funds are available? • What portion of new funds?

  8. Parity Funding • Other Considerations • What about Performance? • Target vs. actual fees? • Should we consider other revenue streams? • Pending changes to the MRR? • Budget Cuts?

  9. Parity Funding • How do we get there from here? • Wait until times are better? • Start slowly now? • Peter and Paul?

  10. Parity Funding Funding Levels by Sector: Considering Based on Actual FeeMRRRevenuesResearch Univ. 56% 75%Teaching Univ. 53% 79%USC-Regional Campuses 53% 68%Tech. Colleges 45% 65%Overall 52% 73% Lowest Funded 38% 46%Highest Funded 67% 83%

  11. Parity Funding Funding Levels by Sector Considering Actual Fees Overall Lowest Highest • Research Universities 75% 52% 75% • Teaching Universities 79% 63% 83% • USC Regionals 68% 60% 78% • Technical Colleges 65% 46% 78% • All Sectors 73%

More Related