Public Postsecondary Finance and Capital: Our Coordinating Role
The Office of Public Postsecondary Finance and Capital is responsible for policy and funding coordination related to Oregon’s public postsecondary institutions to achieve Oregon’s higher education and training goals.
The HECC Office of Public Postsecondary Finance and Capital provides fiscal leadership and coordination related to Oregon’s public postsecondary institutions. This includes financial planning, biennial budget recommendations for the public institutions, capital investments, fiscal reporting and analysis, capital bond funding administration, and the allocation of state funding to public postsecondary institutions. This office also leads the HECC's response to legislation related to Oregon public university funding and capital. It carries out statutory authorities of the HECC to foster pathways to success for current and future Oregon students of public community colleges and universities.
The Office has responsibilities for two primary areas of work: 1) Public University and Community College Finance to support operational and educational expenses of the institutions, and 2) Capital Funding for new construction and deferred maintenance projects at Oregon’s public community colleges and universities.
Public university finance responsibilities include: developing long-term financial planning to foster student success; developing biennial budget requests for the Public University Support Fund, Public University State Programs, Statewide Public Service Programs, and other components of the postsecondary budget; fiscal reporting and analysis; and the allocation of state funding through the Student Success and Completion Model (SSCM) funding model.*
Community college finance responsibilities include managing the Community College Support Fund (CCSF) and associated planning efforts.
Capital Finance responsibilities include: developing budget requests for capital projects at the public institutions; leading the rubric and prioritization process for the university capital request; long-term planning of capital needs; fiscal reporting and analysis; and administration and of bond payments for state-approved capital projects.
On an ongoing basis, the Office of Public Postsecondary Finance and Capital collaborates with postsecondary institutions and workforce partners to further progress toward Oregon’s educational and workforce goals. The governance of Oregon’s public universities and community colleges is the responsibility of their respective governing boards.