Other State Funding Models that have been reviewed.
o Ohio
o Tennessee
o Indiana
O Mississippi
o Past Kentucky Funding Models
o KSCTS Funding Model – Distribution to the System’s Community Colleges • Decision Points under discussion.
o Redistribution of University's Base (current year) Budget – State Appropriation;
○ Performance Funding – From additional state appropriations only;
○ What model to use – Mississippi, Tennessee, hybrid Mississippi Model;
Sector Differentiation and how they are divided/funded – Research Institutions (UK and UL) – Comprehensivees (Regional Universities) – KSU in sector by itself – KCTCS;
o Performance funding indicators – Degree Production, Persistence, STEM, etc.;
Weighting – Resident vs. Non Resident – Pell eligible and minority students, etc.;
o Timetable to completion of model – January, 2015 – April, 2015; and
o Utilization of Model not only for additional state appropriations but also for budget reductions.