State of the College 2014

Securing our future: Fiscal Challenges

• Level Funding in terms of Tax Payer Support or will negotiated contract increase be funded? • New State funding will require competitive applications • Down ‐ State Medical Center/LICH remains unresolved and could directly impact on our Fund Balances • Increased dependence upon Campus ‐ based revenues • Continued capital funding is uncertain and will be tied to: – Critical Maintenance – Research & Economic Development