Top 20 Business PlanTop 20 Business Plan

Postsecondary Education Reform: The Top 20 Compact between UK and the People of Kentucky

UK’s Progress So Far:

Why Top 20 matters… Quality of Life Measures

Average in States

National Average w/ Top 20 Universities Kentucky

Median Household Income $44,436 $46,856 $36,786

Percent of Population on Medicaid 17% 14% 19%

Population Below the Poverty Level 12% 11% 16%

Population with Bachelor's Degree 27% 28% 19%

Business Plan vs. Strategic Plan

This Business Plan is a long-term financial document. It quantifies how much Top 20 status will cost and the return on investment (ex., more degrees and research productivity).

The next Strategic Plan (for 2006–2009) will define specific measures of quality, establish strategic goals for excellence, and direct the allocation of resources across campus.

This Business Plan is a long-term financial document. It quantifies how much Top 20 status will cost and the return on investment (ex., more degrees and research productivity).

The next Strategic Plan (for 2006–2009) will define specific measures of quality, establish strategic goals for excellence, and direct the allocation of resources across campus.

Development of the Business Plan

How do we define ‘Top 20’ status?

Where does UK rank now?

Where will the 20th institution be in 2020?

What is the gap?

What resources will it take to fill the gap?

How do we define ‘Top 20’ status?

Where does UK rank now?

Where will the 20th institution be in 2020?

What is the gap?

What resources will it take to fill the gap?

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2

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4

5

Measures of Engagement Nationally accepted measures for evaluating

engagement outcomes and their impact are not yet defined.

Examples of engagement activities:• Access to libraries and the Arts

• Applied research focused on public problems

• Extension education

• Direct services through the University Hospital, clinics, or labs

• Economic and community development

The next Strategic Plan (for 2006–2009) will include measures of statewide engagement.

Nationally accepted measures for evaluating engagement outcomes and their impact are not yet defined.

Examples of engagement activities:• Access to libraries and the Arts

• Applied research focused on public problems

• Extension education

• Direct services through the University Hospital, clinics, or labs

• Economic and community development

The next Strategic Plan (for 2006–2009) will include measures of statewide engagement.

Making national comparisons

DOMAINS MEASURES OF PROGRESS

COMPOSITE SCORECOMPOSITE SCORE

Undergraduate Education Score[ACT/SAT (2004), Graduation Rate

(2004),

(6.00)

(4.00)

(2.00)

0.00

2.00

4.00

6.00

8.00

0 20 40 60 80 100Rank Among 88 Public Research Universities

Sco

re

Others UK and Benchmarks

UK49th

Undergraduate Education Score

Graduate Education Score[Doctorates Awarded (2004) andPostdoctoral Appointees (2002)]

(6.00)

(4.00)

(2.00)

0.00

2.00

4.00

6.00

8.00

0 20 40 60 80 100Rank Among 88 Public Research Universities

Sco

re

Others UK and Benchmarks

UK34th

Graduate Education Score

Faculty Recognition Score[Citations (2000-04) and Awards (2003)]

(6.00)

(4.00)

(2.00)

0.00

2.00

4.00

6.00

8.00

0 20 40 60 80 100Rank Among 88 Public Research Universities

Sco

re

Others UK and Benchmarks

UK37th

Faculty Recognition Score

Research Score[Federal and Non-Federal Research

(6.00)

(4.00)

(2.00)

0.00

2.00

4.00

6.00

8.00

0 20 40 60 80 100Rank Among 88 Public Research Universities

Sco

re

Others UK and Benchmarks

UK26th

Research Productivity Score

UK’s Rank Among 88 Institutions

Since 1997, UK moved from40th to 35th

UK

Six-Year Graduation Rate

Federal Research Expenditures

In 2005, UK’s federal research expenditures were $143 million

Growth Targets for 2020

2004 2012 2020 Change

Undergraduates 18,492 20,374 24,692 6,200

Graduates, First Professional 7,252 7,642 8,002 750

Postdoctoral Appointments 295 438 670 375

Total 26,039 28,454 33,364 7,325

Faculty 1,920 2,133 2,545 625

Research Expenditures $298 M $476 M $768 M $470 M

Bachelor's Degrees Granted 3,285 4,800 6,350 3,065

Doctorates Granted 276 350 465 189

What resources will it take to fill the gap?

Faculty growth, then enrollment growth Improve financial support to undergraduate

and graduate students Increase the average instructional faculty

salary to the benchmark median Maintain competitive staff salaries and

benefits Increase physical plant

Faculty growth, then enrollment growth Improve financial support to undergraduate

and graduate students Increase the average instructional faculty

salary to the benchmark median Maintain competitive staff salaries and

benefits Increase physical plant

Facilities

Business Plan Summary

IN MILLIONS2006 2012 2020

General Fund Expenses

$1,176 $1,657 $2,273

General Fund Revenues

$1,176 $1,439 $1,852

GAP: - $218 $421

UK will provide 40 percent of the needed investments from sources such as:

Annual Giving Research Recovery Hospital and Clinical Services Internal Reallocation

The remaining 60 percent of the needed investments should come from the state and students

2006-08 State Appropriation Increases(in millions)

2006-07 2007-08

CPE Request $13.7 $13.6

UK Top 20 BP $17.7 $18.7

Governor’s Proposal $4.6 $4.6

House Proposal $4.6 $13.9

Senate Proposal $4.6 $24.0

Final Budget $4.6 $20.9

Top 20 Challenges

Commonwealth’s Ability to Fund the Plan

Kentucky Population Trends Affordability Federal Research Budget Bonding Authority

www.uky.edu/top20