University of Louisville

Presentation to Jefferson County

Delegation

UofL: It’s Happening Here!

1/13/09

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Thank You for Joining Us 2008

The Good (the Great)

The Bad

The Ugly

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Boyle Report – 1996

Community Agenda to Build

Economy

House Bill 1 - 1997

A Public Agenda for Higher

Education to Build Economy

Challenge for Excellence

UofL 10 Year Plan

1998 - 2008

Good (Great)Things Happen

for a Reason

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The Good (Great)

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The Good (Great) 2008

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The Good (Great) 2008

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The Good (Great) 2008

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2008

We did what we saidwe would do – but it is

“Time to Finish the Job”

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“The 2020 Plan”

Educational Excellence Achieve “Double the Numbers” goals

(CPE)Award 350 doctoral degrees, up from

151Achieve Phi Beta Kappa ChapterTransform campus life and housing so

that 32% of our students live on campusDouble the number of nationally

recognized programs – 30 to 60

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“The 2020 Plan”

Research, Scholarship and Creative Activity

Recruit 180 nationally recognized researcher/scholars and increase total grant and research to $400M, including $193.5M in federal funding

Achieve NCI Cancer Center designation

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“The 2020 Plan”

Community Engagement Expand our commitment to downtown

Louisville and support all Kentucky cities through the City Solutions Center

Achieve the 13 goals of the West Louisville Signature Partnership to reduce disparities in education, health, economic and social conditions; Carnegie designation recognition

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“The 2020 plan”

Diversity, Opportunity and Social Justice

Be the leader nationally in preparing students to live and work in a global society, with particular emphasis on cultural diversity, international studies, and social justice

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“The 2020 Plan”

Creative and Responsible Stewardship

Increase our endowment from $796.8M to $1.5B in 2014 and to $3B in 2020

Spur economic development in Louisville and Kentucky through the commercialization of research at our business development and commercialization enterprises (Nucleus, Metacyte, Haymarket, Shelby Campus energy center)

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The 2020 Plan Allows Us to

Keep momentum Keep moving forward

While dealing with Bad and Ugly!

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The Bad

SOURCE: Center on Budget and Policy Priorities 12/23/08

44 States Face Budget Shortfalls

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The BadEmployment in Kentucky Has Dropped Since

September 2008(Nonfarm employment in thousands)

Jan. 20001,814.8

Jan. 20061,839.8

Nov. 2008

1,857.4

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The Bad

Manufacturing Employment in Kentucky Has Dropped Since 2000

(Manufacturing employment in thousands)

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The BadEducation and Health Services Employment

Has Grown Equaling Manufacturing

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And Now the Ugly (Real Ugly!)

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Governor’s Midyear Budget Proposal

Revenue shortfall -- $456M this year! State units ↓ 4% Universities 2% if .

. . Cigarette tax increase 70¢ to $1 per

pack Will cuts be recurring?The forecast for next year is

problematic

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Impact of Budget Cutsand Threats They Create

Will reduce graduation and retention rates

Admission Office – threatens attraction of quality new and transfer students

Slows recruiting in state, especially among neediest

Limited or reduced need and merit based aid

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Impact of Budget Cutsand Threats They Create

Increased tuition and other student fees

Reduced overall student servicesReduced funding support to recognized

student organizationsDelayed renovation and/or construction

of student housing

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Impact of Budget Cutsand Threats They Create

Reserves are dangerously low Increasingly dependent on sources of

one-time money for long-term needsOperating expenses based on increased

tuition and deferred maintenanceFaculty/teacher ratios continue to rise,

threatening future quality of programsLosing ability to attract and retain

talented faculty

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Impact of Budget Cutsand Threats They Create

Postponed hiring research faculty positions

Implemented research faculty hiring freeze

Reduced research budgetsSeverely impacts the growth of the

research mission

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Impact of Budget Cutsand Threats They Create

Less economic developmentFewer business start-ups Inhibits reaching 2020 goals of $400

million in sponsored research activitySlows progress towards key

achievements such as National Cancer Institute (NCI) designation

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Real Impact of Revenue Shortfall

09-10 and Beyond

Strategies – What we have been doing/will continue to do Efficiencies/re-engineering (over $55M savings/more to

come) Under /nonperforming assets Clinical income Partnerships (Dataseam) Fundraising Contract income Innovation (TIF)

We have created a special campus committee to further look at programs

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The 2009 Session

Coal Severance in Jefferson County

DataseamA winning proposition for the entire state

Trover Clinic in MadisonvilleTraining rural doctors

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Kentucky Dataseam Initiative

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Dataseam: UofL Connects the Dots for Kentucky

DR. JOHN TRENT HARNESSES SCHOOL

COMPUTERSDATASEAM

UofL

FINDING ANSWERS 300 TIMES FASTER

TWO DRUGS MOVING INTO

CLINCIAL TRIAL

SAVINGS TO SCHOOL

DISTRICTS

$8 MILLION IN SAVINGS TO

UofLSCHOLARSHIPS FOR ENTERING

UofL

STEMEDUCATION

4-IPP3PO

Advanced Cancer

Therapeutics

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The 2009 Session

New Revenue Retain Bucks for Brains Translational research fundsApprove construction of classroom

buildingsStudent recruitmentRevenue generationConstruction jobs

Provide maintenance and operation fundsDon’t tie hands on tuition

UofL Priorities

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Making the Case for New Revenue

Will support whatever revenue plan you propose

Will help make caseHealth related case regarding higher

cigarette tax Engage students, alumni, faculty, your

fellow legislators

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The 2009 Session

Thank you for your support.

We look forward to working with you this year!