Strategy 4-6
Develop additional revenue streams. • During 2010, pursue Title V Grants (Institutional Grant, PPHOA (graduate) Grant, Cooperative Grant) • Develop a Capital Campaign Fundraising Drive for the Rex...
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Increase ASC’s grant writing capacity. • During 2010, join the American Association of Colleges and Universities Grant Resource Center (GRC/AASCU) • During 2011, increase accounting support for...
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Insure operating effectiveness. • Continuously monitor revenue and expenses • Review financial statements monthly, report results, and any recommended adjustments • Review bond covenant reports...
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Maintain pricing flexibility. • Maintain A3 rating through Moody’s • Formally evaluate all tuition, fees, housing, and other rates against competition • Formally evaluate tuition and fee rates against...
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Maintain sufficient General Fund reserves. • Maintain an adequate unrestricted reserve fund balance (at least $5 million unrestricted fund balance) • Maintain an adequate debt service coverage •...
View ArticleStrategy 4-1
Invest in the college infrastructure. • Develop and manage revenue streams for capital investment offsetting depreciation (Capital fee controlled maintenance funds for building, technology, equipment,...
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