Notice of Meeting: Performance-Based Revenue Model Task Force April 2014

The Board of Regents Performance-Based Revenue Model Task Force will hold its next meeting on Thursday, April 17, 2014, from 9:00 a.m. to 1:00 p.m., at the Board of Regents office, 11260 Aurora Avenue, Urbandale, Iowa. A copy of the meeting agenda is attached. The Task Force, chaired by former Regent David Miles, consists of the following members:

• Katie Mulholland, Board of Regents President Pro Tem;
• Len Hadley, retired CEO of the Maytag Corporation;
• Cara Heiden, retired co-president of Wells Fargo Home Mortgage; and
• Mark Oman, retired Senior Executive Vice President of Wells Fargo and Company and Co-Chair of the Board of Trustees of the UNI Foundation.

The Task Force is charged with examining the existing model for general university appropriations to ensure that the needs of the universities are met, to recognize their distinct missions, and to identify the right set of metrics to review performance. At the April 17 meeting, the Task Force will discuss design concepts and metrics for a performance-based revenue model. The Board of Regents is a group of nine citizen volunteers who govern the state’s three public universities and two special K-12 schools – the Iowa School for the Deaf and the Iowa Braille and Sight Saving School.

Board of Regents Performance-Based Revenue Model Agenda

April 17, 2014 9:00 a.m. – 1:00 p.m.

BOR Office, 11260 Aurora Ave, Urbandale, IA 50322

1. I. Introductions & Welcome (9:00-9:05 am) David Miles, Chair
2. II. Organizational Matters (9:05-9:10 am) David Miles a. Minutes of March 13 Meeting
3. III. Discussion of Concepts and Metrics for Performance-based Funding (9:10-1:00)
   1. a. Premises – An articulation of the values/assumptions that should inform our recommendations
   2. b. Findings – What we have learned through this process
   3. c. Potential Changes to the funding model
      1. i. Should appropriations requests be tool to incent desired behaviors? If so, what behaviors should we incent?
      2. ii. Metrics suggested by each task force member
      3. iii. Standard measures for all institutions?
      4. iv. How should we weight metrics by institution?
4. IV. Determine areas of consensus around a draft set of recommendations
5. V. Identify specific additional analysis sought from the Board Office
6. VI. Preliminary thoughts on implementation
7. VII. Discussion, Wrap Up & Next Steps David Miles

Our intention is to finalize our recommendations at our next meeting, May 5, 2014 at the BOR Office; time TBD

For More Information:

Contact: Patrice Sayre, Board of Regents Chief Business Officer, 515-281-3934