Sunday, April 22, 2012: 2:30 PM-3:30 PM
Crystal Ballroom-Salon D (Orlando World Center Marriott)
Program Description: Resource- and budget-allocation strategies and modeling are critical skills for effective community college leaders. The Lone Star College System, a 6-college comprehensive system with 85,000 students each semester, has developed an innovative and sophisticated budget-allocation model based on established data-driven criteria such as enrollment targets, facilities, personnel, operating costs, and special initiatives. It includes incentives for achieving goals and penalties for not meeting expectations; it features equitable accountability standards that place responsibility on the individuals responsible for budget components. Developed after a comprehensive study of peer institutions, it incorporates traditional academic disciplines, workforce and continuing education expenditures and revenues. This session will provide attendees with specific criteria, templates, and handouts used to determine budget allocation from both a system and college perspective.
Key Contact and Panelist:
Stephen C. Head, President, Lone Star College, TX
Richard Carpenter, Chancellor, Lone Star College System, TX
Cindy Gilliam, Vice Chancellor, Administration & Finance, Lone Star College System, TX
Rand W. Key, Senior Vice Chancellor/Chief Operating Officer, Lone Star College System, TX