Strengthen Our Finances

Establish risk-tolerant financial strategies that are resilient to market and economic tensions.

Goals

Expand our educational footprint outside of Iowa and the U.S. Recruit and Enroll

Status	Goal
0% Complete	Hire a bi-lingual Success Coach.
0% Complete	Convert all recruitment and admission materials to Spanish.
25% Complete	Pilot bridge program with additional ESL pilot program.

Utilize prudent stewardship, creating financial growth and efficiency. Recruit and Retain

Status	Goal
50% Complete	Set management priorities of all funds to manage fund balances and debts.

Utilize prudent stewardship, creating financial growth and efficiency. Recruit and Retain

Status	Goal
100% Complete	Implement a new technology lifecycle program to improve the efficiency and dependability of staff, faculty and classroom technology.
100% Complete	Execute a Campus Compliance Committee.
100% Complete	Define major college operational risks and ensure those that cannot be eliminated are reduced as possible if not transferred or insured.
100% Complete	Review, analyze, and develop a plan to reduce unrestricted funds support from fund transfers.

Implement new consumer revenue streams to supplement/complement core streams. Recruit

Status	Goal
100% Complete	Initiate Acadeum agreement to sell open online course seats.
100% Complete	Implement Avionics Technology program.

Continue to enhance our budget process that supports our people, consumers, organization and financial strategic goals. Recruit and Retain

Status	Goal
100% Complete	Implement Self Service (budget to actuals, finance query) and learn the journal entry process to reduce the use of the superform.
100% Complete	Develop e-Financial Basics Training for staff and initiate training.
100% Complete	Purchase and implement a new Budgeting/Forecasting software and process.

Erin Shaw, Ph.D.

Strategic Planning Project Manager