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University Community Partnership Advisory Board Dr. James R. Ramsey President, University of Louisville May 26, 2011.

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Presentation on theme: "University Community Partnership Advisory Board Dr. James R. Ramsey President, University of Louisville May 26, 2011."— Presentation transcript:

1 University Community Partnership Advisory Board Dr. James R. Ramsey President, University of Louisville May 26, 2011

2 It has been awhile. Thank you for this opportunity!

3 More importantly, Thank you for your work! You are making a real difference!

4 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

5 Our job today is to build on that history/tradition to move Louisville, to move Kentucky forward UofL Great History/Tradition

6 New video here

7 Yes great things are happening despite the challenges

8 Economy Picks Up Steam Output Returns to ‘07 Levels, but then… * Source – Chamber of Commerce GDP Percent

9 Kentucky Non-Agriculture Employment (employment in thousands) Adding jobs

10 Loss of Manufacturing Jobs in KY Continues To Be A Major Concern An Aside

11 Can not or will not use budget as an excuse to slow down Progress – but we have so much more to do!

12 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 Campaign 7.Being creative through innovative financing tools like the tax increment financing plan Commitment To Moving Forward Seven Steps

13 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 Initiatives In Our Community

14 Insert campaign video

15 Thank you! Keep doing what you are doing.


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