Collegewide Meeting

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Collegewide Meeting
Wednesday, May 13, 2009
2
State of the State of Michigan

• Unemployment
• 12.6 reported
• 22 actually unemployed (as estimated by MDELEG)
• Budget Shortfalls
• FY 09 - 1.3 billion (best case)
• Fixed with 380 million in budget cuts
  989 million in Federal stimulus
• FY 10 - 830 million est.
• Fixed with 153 million in revenue
  increases, 677 million in Federal stimulus
• FY 11 - 1.4 billion est.
• State revenues falling to 1962/63
  levels offset by 239 million Federal stimulus

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State estimated budget shortfall
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School aid shortfalls
5
Revenue reduction impact
6
College funding breakout
7
State financial aid awards
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Revenue decrease since 00
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Trickle down Uncertainty

• What we expect
• Capital Outlay funds unlikely
• Expect 10 cut in FY 10 - 500,000 impact on
  LMC
• Renaissance Zone - possible 500,000 decrease
• Auto industry bankruptcies/shut downs (impact on
  local suppliers)
• Cut in State-funded student financial aid
• Spring/Summer/Fall enrollment should be strong
  after that?

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Is there any good news?

• State aid
• 5,000,000 per year
• 17 of operating budget other schools depend on
  30 60
• Michigan Works contract
• Instruction revenue for CBS credit courses
• Administrative revenue
• Others
• Pell Grant increase
• Increase Federal money for workstudy
• HLC
• Private support for scholarships

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Revenue
Revenue
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More good news

• Spring Enrollment, so far.
• Headcount up 15
• Credit hours up 20

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More good news

• Program Revitalization
• Energy Production Technology program
• Science lab renovation science curriculum
  changes
• Nursing Education Center
• Medical Imaging Career Center

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Positive buzz

• What our community is talking about
• Nursing program changes
• Strategic discussions
• Energy program
• Advising program
• Achieving the Dream

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Expenses
FY 10 Expenses
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Butwe need to prepare

• Painful times are ahead
• Continue to do more with less
• Manage better
• Evaluate all we do
• Grow revenue

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What can each of us do?

• Focus on quality
• Every student is precious
• Find them, hold them with outstanding student
  engagement/
• customer service
• Anticipate needs
• Increase new programs/services
• Update existing offering to better meet customer
  needs
• Look at our operation with fresh eyes
• No savings is too small

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Look within first

• Make your area more efficient effective
• How can I/we improve a process?
• Do I really need to make that expenditure?
• Is there a better way?
• Question old assumptions
• Do I have to go to that conference/meeting?
• Leadership team
• Lead discussions in your areas
• Come back with recommendations

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Find ways to work together

• How can we save money, boost enrollment, generate
  more revenue by
• Working across departments
• Combining efforts
• Eliminating duplication of activities and
  purchases

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The big picture

• Painful decisions await
• Everything will be evaluated and assessed
• No targets today
• Even in uncertainty, anticipation is essential

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FY 10 budget

• Highlights
• Present to Board on May 26
• This is a changeable plan

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FY 10 goals

• Complete phase I of construction, redesign all
  Physical Science courses, and design phase II,
  and start construction and renovation.
•  
• Create the infrastructure, instructional and
  student support systems necessary to establish a
  full-service on-line learning resource center.
•  
• Promote and support initiatives to help faculty
  and staff develop and deliver new market
  responsive instruction and training programs.

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FY 10 goals

• Support instructional program development
  initiatives by conducting comprehensive needs
  assessments, and developing comprehensive
  implementation plans.
•  
• Develop a plan to position the College as a
  regional leader in energy and environmental
  instruction, and environmental stewardship.
•  
• Identify and implement three college-wide
  strategies with a focus on improving student
  success through engagement.

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FY 10 goals

• Evaluate the Higher Learning Commission findings
  and determine the appropriate courses of action.
•  
• Develop and implement an aggressive College wide
  strategy to recruit, train and retain adjunct
  faculty.
•  
• Anticipate and respond to the needs of our
  employees by enhancing the way the college
  assesses employee needs, offers training, and
  recognizes achievement.
• Increase credit and non-credit enrollment by3.

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FY 10 goals

• Pursue gift solicitations and grant proposals for
  agreed upon College priorities.
•  
• Identify and implement key success indicators to
  measure College and program efficiencies and
  effectiveness.
•  
• Implement fact-based personal, mass and targeted
  communication strategies, including the use
  interactive web and social media tools, to
  support student enrollment, retention, auxiliary
  programs, and community understanding and support
  of the College.

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Next steps

• Where do we go from here?
• What do we want you to do?

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Questions?