Emerging Trends in Emerging Trends in Community College Community College

FinanceFinanceMorris W. Beverage, Jr., E.D.M.

PresidentLakeland Community College

Nationally –Nationally –Developing StrategiesDeveloping Strategies

Nationally –Nationally –Developing StrategiesDeveloping Strategies

Public Support and Tuition Setting Strategies

Reaping economic and social benefits of education

Public Private• Tax revenues• Decreased reliance on govt. support• Productivity and Consumption• Reduced crime• Civic engagement• Appreciation of diversity• Adapt to technology, efficiencies

• Employment, salary, benefits• Personal and professional mobility• Savings• Improved health • Quality of life for family’s future• Personal status• Improved leisure

Public Policy IssuesPublic Policy Issues

Knowledge Economy

Human Obsolescence

Economic Development (as compared to Marketplace Development)

Public Community College Public Community College Revenues by SourceRevenues by Source

Trends: Revenue Sources Trends: Revenue Sources $31.5 Billion$31.5 Billion

State Support – 37%

Tuition and Fees – 19%

Local Support – 17%

Governmental Grants – 14%

All Other – 13%

Developmental Learning

Convenience

Affordability

Enrollment Growth

Risk Factors of Students

Ohio – Policy IssuesOhio – Policy Issues

Ohio - Developing StrategiesOhio - Developing Strategies

Funding tied to Performance

Emphasis on Degree Attainment/ Persistence

Accountability and Efficiency Measures

Economic Leadership

Ohio State Share of Instruction Methodology:1. Collect Resource Analysis Cost for Each Subject Field-Level of Instruction

Combination2. Adjust the historical Resource Analysis Cost per FTE for costs paid from sources

outside of SSI or Student Fees3. Normalize each of the years cost by inflating the costs to the last available years

data using historical CPI-U data. Estimate cost for the funding period using estimated HECA.

4. Collect Subsidy Eligible FTE5. Calculate the 2-year and 5-year average FTE.6. Higher Education Funding Commission Priority Weightings for Science,

Technology, Engineering, Mathematics, Medicine, and Graduate by model.7. Calculate the Uniform SSI by Campus, Subject Field, and Level of Instruction for

both the 2-year and 5-year average FTE.8. Calculate the Doctoral Set Aside for each institution with doctoral instruction9. Calculate the NASF POM Protection for each campus.10. Calculate the Stop Loss for each campus.11. Calculate the Capital Deduction for Each Institution.12. Notwithstanding the Calculation provide for sector level appropriations.

Ohio - State Support of InstructionOhio - State Support of Instruction

Local CommitmentsLocal Commitments

Diverse, Comprehensive Mission

Access

Quality

Meeting the Needs of the Regional Community

Developing Local StrategiesDeveloping Local Strategies

Federal Support

Private Support

Efficiency Efforts◦ Energy Management◦ Collaborative Management

Tuition Policies◦ Differentiation◦ Discounting◦ Aid

Concluding SlideConcluding Slide

Thanks and such.