Strengthen Our Finances

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

Goals

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

Status	Goal
90% Complete	Implement Self Service (budget to actuals, finance query) and learn the journal entry process to reduce the use of the superform.
85% Complete	Develop e-Financial Basics Training for staff and initiate training.
40% Complete	Purchase and implement a new Budgeting/Forecasting software and process.

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.
70% Complete	Review, analyze, and develop a plan to reduce unrestricted funds support from fund transfers.
100% Complete	Define major college operational risks and ensure those that cannot be eliminated are reduced as possible if not transferred or insured.

Accomplished

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.

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.