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President’s Update – Board of Trustees. April 2, 2009. Welcome. How ‘bout those Cards! Women – Big East Runner up Big East Tourney Runner Up NCAA #3 seed # 5 in Nation Final Poll Final Four! Men – Big East Champs Big East Tourney Champs NCAA overall #1 seed
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President’s Update – Board of Trustees April 2, 2009
Welcome How ‘bout those Cards! • Women – Big East Runner up • Big East Tourney Runner Up • NCAA #3 seed • #5 in Nation Final Poll • Final Four! • Men – Big East Champs • Big East Tourney Champs • NCAA overall #1 seed • #1 in Nation Final Poll • Elite Eight • Track – D’Anna McCarty NCAA Champ! • Other
Since we last met - Celebrations • “On the road again…” • Creation of Arts and Culture Partnership • Stroke Center Announcement • Partnership with J.B. Atkinson School • Grawemeyer Awards
Since we last met • Kentucky Economy • Situation worsened • BLS data revisions
Kentucky lost 55,000 jobs in the last year(Nonfarm employment in thousands)
Revised data for KY shows that the situation is worse than we thought Nonfarm Employment: Percent Change from a Year Ago
Since we last met • Frankfort • Budget FY09 – (2%) – (don’t forget the 6% cut) • Budget FY10 - ??? • Assumptions • Tuition • Meal Plan • D.C. • Earmarks FY09 • Stimulus FY10/FY11
Focus Going Forward • End of semester • Rebuilding Neurosurgery • Budget/Budget/Budget • Searches • Continue Strategic Focus (JRR) • TIF/HSC • $200m Threshold • Financing • Clinical activities • ULH • Faculty clinicians • Shelbyhurst • Continue commitment to undergraduate excellence • Culture