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BudgetOutlook-ChrisReykdal

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					Community and Technical
    College System
2009-11 Budget Outlook:
What are we up against?
       Chris Reykdal
       May 15, 2008
    Local
  College
Environment
                       Board of
                       Trustees




      Administrators              Faculty




                                            2
    CTC                Colleges
                                          Colleges
  System
Environment



        Legislature/
        Governor’s                State
           Office                 Board




                                                     3
                                         Colleges
    State
  Budget
                   CTC
Environment      System
                                          CTC System




           General
                             Other
         Government
                          Educational
                          Institutions




                                                    4
    Big Picture                                                Colleges

   Environment                          State
                                     Government                CTC System
• State & Local Government =
5.7% of total Gross State Product
                                                                   State
• CTC System = .03% of total                                      Budget
Gross State Product




                               Private               Local
                               Sector             Government




                                                                            5
                    Income by Educational
$90,000
                         Attainment
                                                                                $80,230
$80,000

                                                                      $70,476
$70,000


$60,000
                                                            $55,302


$50,000                                           $46,276


$40,000
                                        $35,386
                              $32,400
                    $28,807
$30,000

          $21,391
$20,000


$10,000


     $0                                                                                   6
           <HS        HS       HS+        AA        BA        MA       Proff.    PhD
                      Scaled for Job Demand
$90,000

                                                                                   $80,230
$80,000

                                                                         $70,476
$70,000
                 75% of all new jobs require
$60,000            an AA degree or less
                                                               $55,302


$50,000                                              $46,276


$40,000
                                           $35,386
                                 $32,400
                       $28,807
$30,000

          $21,391
$20,000


$10,000


     $0
           <HS           HS       HS+        AA        BA        MA       Proff.    PhD
                                                                                             7
Questions?


             8