Idaho JFAC 2012 Presentation

Presentation to Joint Finance-Appropriations Committee January 25, 2012

Senator Justin Morrill

— most widely known for sponsoring the Morrill Act, also known as the Land-Grant College Act

House Bill 20 Signed into law on January 30, 1889

University of Idaho campus — circa 1903

1899 horticulture class

College of Art & Architecture class

WWAMI — celebrating 40 years of medical education

Alumni Business Leaders Annette Elg Senior Vice President and CFO — J.R. Simplot Company

Doug and Skip Oppenheimer Owners — Oppenheimer Companies

Tom Nicholson Co-founder— Micron Technology, Inc.

Dennis Johnson President and CEO — United Heritage Financial Group

Karen Gowland Senior Vice President, General Counsel — Boise, Inc.

Ed and Doug Hawkins CEO and President — Litehouse Foods, Inc.

Jack Riggs CEO — Pita Pit USA

Government & Judiciary Leaders Speaker Denney Senator Davis Lieutenant Governor Little Senator Risch Chief Justice Burdick Attorney General Wasden

Rebecca Johnson, national scholar

Kerry Huber, enhancing Idaho’s $912M potato industry

Advancing biomedical research

Students partnering with 160 Idaho communities

ROTC — training the nation’s military leaders in all four military branches

Nationally recognized — Newsweek, Forbes, Washington Monthly

Statewide enrollment goal 16,000 by 2020

Strengths in research funding, retention and graduation

New knowledge and discoveries benefit Idaho

STEM — science, technology, engineering and math

General Education Budget 2011

2001

4.4%

8%

19%

53.7%

73%

Endowment

State Funds

41.9%

Tui3on & Fees

Higher Education Price Index (HEPI) 39.4% cumulative inflation over past decade

Student Impact 19% decrease in purchasing power

Revenue Impact An additional $33 million needed to recapture 2001 purchasing power

People Impact Eliminated a number of positions Limited hiring Payroll furlough

Program Impact Closed or consolidated 35 academic programs Reorganized three colleges Eliminated 263 small size class sections

Transformational Changes • Promoted entrepreneurial thinking to cut costs and raise revenues • Increased class and program efficiencies • Expanded on-line, dual and summer courses • Revamped financial aid program • Restructured research and economic development • Increased community involvement

Budget FY2013 request — increase Change in Employee Compensation

Industry Impact — Bob Zemetra and Idaho’s wheat research

Enrollment Workload Adjustment

Center for Advanced Energy Studies — an important return on investment

IGEM — leveraging public-private partnerships through research

Occupancy Costs

Capital budget

Thank you