Align the KSU Facilities Master Plan with projected future needs.

Tactics:

• 3.3a - Complete Phase I by June 30, 2025.
• 3.3b - Review and update the university’s design standards to reflect modern strategies and objectives, including sustainability, modularity, and flexibility.
• 3.3c - Re-examine future phases of the KSU Facilities Master Plan and prepare a revised plan by June 30, 2026.

Optimize preventative maintenance activities through the Assetworks program.

Tactics:

• 3.2a - Establish metrics through data housed in AssetWorks.
• 3.2b - Implement strategy to achieve 80% planned maintenance.
• 3.2c - Assess progress toward goals and adjust accordingly.

Update and implement a deferred maintenance strategy including priorities, action items, and funding sources.

Tactics:

• 3.1a - Annually update the 10-Year Deferred Maintenance List, including priority, timing, and proposed funding sources.
• 3.1b - Prepare the 6-year state capital plan (FY2025 – 2030) in alignment with projects prioritized in the 10-Year Deferred Maintenance List and the KSU Facilities Master Plan.
• 3.1c - Implement capital projects according to plan.

• Senate Bill 6 Ratio
• Bond Ratings
• Current unrestricted year-end budget surplus/deficit

Develop a Northeast Ohio University Shared Services Initiative.

Tactics:

• 2.4a - Assess the feasibility of a shared services function.
• 2.4b - Develop recommendations and secure authorization to proceed.
• 2.4c – Develop an implementation plan and proceed with next steps.

Explore opportunities to restructure the 2013 Series B Private Placement Bonds in a cost-neutral manner. 

Tactics:

• 2.3a - Review debt structure on a regular basis and develop recommendations based upon current market conditions and assumptions.
• 2.3b - Initiate and execute the restructuring transaction (terminate the swap and extend/optimize the debt service term) when the financial analysis is favorable.

Leverage technology and automation to optimize business processes.

Tactics:

• 2.2a - Select and implement procure-to-pay software. 
• 2.2b - Implement Ellucian Banner salary planning tool.
• 2.2c - Implement Ellucian Banner budget development platform. 

Deliver balanced budgets by expanding and enhancing the Five-Year Financial Forecast.

Tactics:

• 2.1a - Review and update the forecast annually as a kickoff to the annual budget development process.
• 2.1b - Expand to other areas of the university (regionals, colleges, auxiliaries).
• 2.1c - Continually add new forecasting variables and assumptions to enhance completeness, accuracy and precision.

EHHS' Summer Preview KSU events for the fall 2024 class are July 21, and 28, from 9:30 – 2:30.
The  events are our largest of the year with over 1000 students (and their guests) attending over the two events. There will be two groups of students each day with staggered check-ins at 9 and 11 am.