Financial Resilience

Goal #1

Increase Campus Financial Resources – Administrative Efforts

Key Objectives

• Increase the level of base state appropriation for the campus
• Fully realize those components of the comprehensive campaign that increase scholarship and faculty endowments and provide institutional support and building resources to campus
• Develop a comprehensive plan for Auxiliary Services to achieve financial self-sufficiency within five years
• When the campus funding level exceeds that required to cover the base operating expenses and mandatory reserves, use the additional available revenue to fund institutional strategic priorities and underfunded areas

Potential Tasks

In Progress

Goal #2

Increase Campus Financial Resources – Academic Efforts

Key Objectives

Through the enrollment management process, increase enrollment and related tuition revenues to the Fall 2016 level or above, adjusted for inflation

Potential Tasks

• In Progress

Goal #3

Increase Campus Financial Resources – Research Efforts

Key Objectives

• Continue to increase overhead recovery revenue by growing research grants and contracts
• Utilize entrepreneurial activities

Potential Tasks

• In Progress

This input will be sent directly to the Financial Resilience Steering Committee.