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Parity Funding

Parity Funding. Beyond the Basics. Parity Funding- Historical Recap. Formula Allocations Hold Harmless Agreement Advent of Performance Funding “One Time” Adjustment. Parity Funding. Current Funding Levels Total MRR $1.3 Billion Appropriations $694 Million

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Parity Funding

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  1. Parity Funding Beyond the Basics

  2. Parity Funding- Historical Recap • Formula Allocations • Hold Harmless Agreement • Advent of Performance Funding • “One Time” Adjustment

  3. Parity Funding Current Funding Levels • Total MRR $1.3 Billion • Appropriations $694 Million • Overall Funding Level 52% (based on MRR)

  4. Parity Funding Funding Levels by Sector Based on MRR Overall Lowest Highest • Research Universities 56% 50% 59% • Teaching Universities 53% 38% 65% • USC Regionals 52% 43% 63% • Technical Colleges 45% 41% 67% • All Sectors 52%

  5. Parity Funding • Challenges: • Difficulty in Reallocating Resources • Lack of Increases in Funding

  6. Parity Funding • Major Issues • What is Parity? • Equal Funding Levels? • Where we were before the budget cut? • Minimum Level of Funding? • Relative Range?

  7. Parity Funding • Major Issues – continued: • When do we begin to address parity? • Now? • When new funds are available? • What portion of new funds?

  8. Parity Funding • Other Considerations • What about Performance? • Target vs. actual fees? • Should we consider other revenue streams? • Pending changes to the MRR? • Budget Cuts?

  9. Parity Funding • How do we get there from here? • Wait until times are better? • Start slowly now? • Peter and Paul?

  10. Parity Funding Funding Levels by Sector: Considering Based on Actual FeeMRRRevenuesResearch Univ. 56% 75%Teaching Univ. 53% 79%USC-Regional Campuses 53% 68%Tech. Colleges 45% 65%Overall 52% 73% Lowest Funded 38% 46%Highest Funded 67% 83%

  11. Parity Funding Funding Levels by Sector Considering Actual Fees Overall Lowest Highest • Research Universities 75% 52% 75% • Teaching Universities 79% 63% 83% • USC Regionals 68% 60% 78% • Technical Colleges 65% 46% 78% • All Sectors 73%

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