1. University of Louisville Presentation to Jefferson County Delegation UofL: It’s Happening Here! 1/13/09

2. 2 Thank You for Joining Us 2008 The Good (the Great) The Bad The Ugly

3. 3 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

4. 4 The Good (Great)

5. 5 The Good (Great) 2008

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7. 7

8. 8 2008 We did what we said we would do – but it is “Time to Finish the Job”

9. 9 “The 2020 Plan” Educational Excellence  Achieve “Double the Numbers” goals (CPE)  Award 350 doctoral degrees, up from 151  Achieve Phi Beta Kappa Chapter  Transform campus life and housing so that 32% of our students live on campus  Double the number of nationally recognized programs – 30 to 60

10. 10 “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

11. 11 “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

12. 12 “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

13. 13 “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)

14. 14 The 2020 Plan Allows Us to  Keep momentum  Keep moving forward While dealing with Bad and Ugly!

15. 15 The Bad SOURCE: Center on Budget and Policy Priorities 12/23/08 44 States Face Budget Shortfalls

16. 16 The Bad Employment in Kentucky Has Dropped Since September 2008 (Nonfarm employment in thousands) Jan. 2000 1,814.8 Jan. 2006 1,839.8 Nov. 2008 1,857.4

17. 17 The Bad Manufacturing Employment in Kentucky Has Dropped Since 2000 (Manufacturing employment in thousands)

18. 18 The Bad Education and Health Services Employment Has Grown Equaling Manufacturing

19. 19 And Now the Ugly (Real Ugly!)

20. 20 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

21. 21 Impact of Budget Cuts and 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

22. 22 Impact of Budget Cuts and Threats They Create  Increased tuition and other student fees  Reduced overall student services  Reduced funding support to recognized student organizations  Delayed renovation and/or construction of student housing

23. 23 Impact of Budget Cuts and Threats They Create  Reserves are dangerously low  Increasingly dependent on sources of one-time money for long-term needs  Operating expenses based on increased tuition and deferred maintenance  Faculty/teacher ratios continue to rise, threatening future quality of programs  Losing ability to attract and retain talented faculty

24. 24 Impact of Budget Cuts and Threats They Create  Postponed hiring research faculty positions  Implemented research faculty hiring freeze  Reduced research budgets  Severely impacts the growth of the research mission

25. 25 Impact of Budget Cuts and Threats They Create  Less economic development  Fewer business start-ups  Inhibits reaching 2020 goals of $400 million in sponsored research activity  Slows progress towards key achievements such as National Cancer Institute (NCI) designation

26. 26 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

27. 27 The 2009 Session Coal Severance in Jefferson County  Dataseam A winning proposition for the entire state  Trover Clinic in Madisonville Training rural doctors

28. 28 Kentucky Dataseam Initiative

29. 29 Dataseam: UofL Connects the Dots for Kentucky DR. JOHN TRENT HARNESSES SCHOOL COMPUTERS DATASEAM UofL FINDING ANSWERS 300 TIMES FASTER TWO DRUGS MOVING INTO CLINCIAL TRIAL SAVINGS TO SCHOOL DISTRICTS $8 MILLION IN SAVINGS TO UofL SCHOLARSHIPS FOR ENTERING UofL STEM EDUCATION 4-IPP 3PO Advanced Cancer Therapeutics

30. 30 The 2009 Session  New Revenue  Retain Bucks for Brains  Translational research funds  Approve construction of classroom buildings  Student recruitment  Revenue generation  Construction jobs  Provide maintenance and operation funds  Don’t tie hands on tuition UofL Priorities

31. 31 Making the Case for New Revenue  Will support whatever revenue plan you propose  Will help make case  Health related case regarding higher cigarette tax  Engage students, alumni, faculty, your fellow legislators

32. 32 The 2009 Session Thank you for your support. We look forward to working with you this year!