1 / 13

Governance & Funding May 2014

Governance & Funding May 2014. Governance. WHO determines an organization’s direction, priorities, resources, and funding. Shared Local/State Governance. System’s 102 year history of effectiveness $406 million funding shift – 2014 Now, primarily state funded. FVTC Budget Impact.

neylan
Download Presentation

Governance & Funding May 2014

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Governance & Funding May 2014

  2. Governance WHO determines an organization’s direction, priorities, resources, and funding

  3. Shared Local/State Governance • System’s 102 year history of effectiveness • $406 million funding shift – 2014 • Now, primarily state funded

  4. FVTC Budget Impact 2014-15 Draft Budget $108 million

  5. State Funding History State Funding as % of Total Operating Revenue Wisconsin Technical College System Projected * FY2016 assumes a complete shift of property tax to state funding

  6. Shared Local/State Governance

  7. College Board of Trustees • Appointed by local elected officials • Nine members (3 appointed annually) • Membership includes employers, employees, elected official, school district administrator, and at-large positions • Outstanding service by business leaders • Represents the needs of local communities and businesses • Policy governance – “what good, for whom, and at what cost?”

  8. Joint Legislative Council “Special Committee” on the Review of WTCS Funding and Governance Committee Charge: “Review the current governance model of the Wisconsin Technical College System in the interest of transferring governance responsibilities of local district boards to the state WTCS Board and examine the current funding model for the WTCS with a preference toward reassigning current local property tax revenue to a broader state tax source.”

  9. State Governance/Control

  10. Would a State Board Have Supported… • Strategic investment proposals? (60+ since 2006) • FabTech Education Center partnership? • Venture Center? • Waupaca Regional Center? • Advanced Manufacturing Technology Center? • Human Patient Simulation? • Job Seekers Network? • Criminal Justice federal grant programs? • And more?

  11. Summary • Increase in state funding • Accountable to local and state boards, as well as the legislature • $406 million tax shift = primarily state funded • Local boards focus on local needs and opportunities • Local college responsiveness is inseparable from its local “ownership” • Technical colleges are employer-driven • Funding and governance are key to our success

  12. What Can I Do?June-August • As a constituent, share your opinion on this issue with your senator and representative • Inform others • Employer voices will matter most • Companies hosting visits, tours • Letters to legislators • Phone calls to legislators • Identify business leaders who will help • Handouts to assist your efforts

  13. Questions/Discussion

More Related