University Community PartnershipAdvisory Board

Dr. James R. RamseyPresident, University of Louisville

May 26, 2011

It has been awhile.

Thank you for this

opportunity!

More importantly,

Thank you for your work!

You are making a real

difference!

A public agenda: “to increase economic opportunity

and quality of life for all Kentuckians”

You are helping us achieve our mandate!

The Post Secondary Education Reform Act of 1997

Our job today is to build on that history/tradition

to move Louisville, to move Kentucky

forward

UofLGreat History/Tradition

• New video here

Yes great things are happening despite the challenges

Economy Picks Up SteamOutput Returns to ‘07 Levels, but

then…

* Source – Chamber of Commerce

1st Q

05

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-5

0

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10

1.8%

GDP

Perc

en

t

Kentucky Non-Agriculture Employment

(employment in thousands)

Addi

ng jo

bs

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9

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0

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1

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8

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9

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0

Jan-111750.0

1770.0

1790.0

1810.0

1830.0

1850.0

1870.0

1890.0

Jan '991769.4

Oct '001833.6

Jul '031777.6

Dec '071872.4

Apr '111793.6

Loss of Manufacturing Jobs in KY Continues To Be A Major

ConcernAn Aside

Jan-99Jul-9

9

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0

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1

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Jan-11200.0

220.0

240.0

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320.0

308.3

Apr '11213.9

Can not or will not use budget as an excuse to slow down

Progress – but we have so much more to

do!

1. Continuing re-engineering of processes and expense management – over $140m

2. Aggressively improving balance sheet management, with an emphasis on converting underperforming assets (e.g. Shelby Campus)

3. Increasing clinical income to support education and research (e.g. merger of hospital)

4. Increasing contract research and commercialization income (progress, but…)

5. Creating private sector partnerships (e.g. dining, residents halls, etc.)

6. Capital Campaign7. Being creative through innovative financing tools

like the tax increment financing plan

Commitment To Moving ForwardSeven Steps

• Simmons College• 55k/15k• I3 Innovation Grant• Signature Partnership Schools– Oxley Gift– Shawnee (Kevin Look/J.B. Atkinson – Dewey

Hensley)• Promise Neighborhood Initiative– 40212 zip code– Coming together

• Kent School $4.8m grant• Saturday Academy• YMCA West Louisville project

Key InitiativesIn Our Community

• Insert campaign video

Thank you!Keep doing what you

are doing.