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doc15215 FinanceCommittee_102414.pdf
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"text": "Regent LaVaughn Henry, Chairperson\nRegent David Guarnieri\nRegent Syamala Reddy\nRegent Charles Whitehead\nRegent Elaine Farris\nMs. Deborah Martin, Staff"
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Page 2
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"text": "Section Page\nB1 Minutes of July 25, 2014\nB2 Executive Summary\nB3 Budget vs. Actual\nB4 Human Resource Services Report\nB5 Council on Postsecondary Education (CPE) – Funding Model Update",
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"text": "Beginning in Fall 2014, new and returning students were required (at a minimum) to pay 50% of their Fall 2014 tuition/fees and to sign up for a four (4) or twelve (12) month Payment Installment Option (PIO), depending on whether they did not or did have a prior balance, respectively. Payments are due on the 30th of each month. Students who did not make a payment on September 30th, or who had a payment returned by the bank, were contacted by email and phone by October 8th. As of October 6, 2014, the following had occurred in regards to returned/non-payments for students on payment plans:"
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Page 13
106 item(s)
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caption (1)
footer (1)
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1 · HEADING
2 · CAPTION
3 · TABLE
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106 · FOOTER
Page 13 JSON
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Page 14
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Page 14 JSON
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Page 15
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Page 17
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"text": "The Council hereby resolves that, as a result of budget deliberations over the past year, it is evident that there is a need for the development of a comprehensive funding model that aligns the Commonwealth's investment in postsecondary education with the Commonwealth's postsecondary education policy objectives. As such, the Council president is hereby directed to establish a working group that, at minimum, includes leadership of each of the public universities and KCTCS and members of this Council, for the purpose of developing a comprehensive model for the allocation of state General Fund appropriations for institutional operations that incorporates elements of campus performance, mission, and enrollment, as well as any other components as determined through the process. The new model shall be developed for implementation in the 2016-2018 biennial budget recommendation."
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"text": "The Funding Model Steering Committee is comprised of fifteen (15) members: CPE Chair, CPE President, three (3) CPE members, nine (9) institutional presidents, and one (1) Governor's office representative. The committee shall establish the basic principles under which the new funding model approach is to be developed and provide guidance and clarification regarding those principles."
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"text": "Working on a set of Goals and Guiding Principles that may address:"
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