ERIC Number: ED475551
Record Type: Non-Journal
Publication Date: 2003
Reference Count: N/A
Learn Smart: Missouri Department of Higher Education FY 2002 Annual Report.
Missouri State Dept. of Higher Education, Jefferson City.
This annual report tells of educators and administrators in Missouri working through serious economic challenges to achieve the most important goals of higher education: increased economic growth, more educational opportunity, and achievement and improved quality. Data in this report show that public colleges and universities have reduced expenses in many areas. Administrative efficiencies have generated some cost savings, but many institutions increased tuition and fees to compensate for the rapid and continuing falloff in tax collection and state support. These costs may discourage some Missourians from taking advantage of educational opportunities that are key to the state's economic growth. The general fund budget of Missouri is under $7 billion. After making $5 billion in difficult budget cuts, higher education makes up almost half of the remaining $2 billion in discretionary funds. Given the structure of the budget, higher education in Missouri is vulnerable to significant budget cuts. Information in this report is grouped into these categories: (1) "Fiscal Environment"; (2) "Economic Growth"; (3) "Quality"; (4) "Educational Opportunity and Achievement"; (5) "Looking Ahead to a Prosperous Future"; (6) "Funding"; and (7) "Statistics." (Contains 15 graphs and 10 tables.) (SLD)
Publication Type: Numerical/Quantitative Data; Reports - Descriptive
Education Level: N/A
Authoring Institution: Missouri State Dept. of Higher Education, Jefferson City.
Identifiers - Location: Missouri