Public Postsecondary Finance and Capital: Featured Work
The Office of Public Postsecondary Finance and Capital works with statewide and campus level groups on state and national fiscal initiatives. Recent and current projects include:
- Development of a long-term strategic funding model to meet state goals: HECC staff has convened a workgroup that includes external partners (institutional and community leaders) for the purpose of advising staff on the development of a long-term strategic funding model. This work has focused on identifying the gaps between current attainment and our goals; and determining the overall cost of closing those gaps. Future work will focus on refining the cost model and developing a proposed budget structure to optimize future state investments.
- Development of a 10-year university capital plan for state investment: Since February, 2019, HECC has been in the process of developing a 10-year strategic capital development plan for public university capital project funding. The 10-year plan will be used to guide the Commission in its recommendations to the Governor and the Legislature on the prioritization of state-funded capital projects for years to come.
Review of the Student Success and Completion Model: In the 2019-2021 biennium, the HECC staff will engage in a review of the Student Success and Completion Model (SSCM), the formula adopted in 2015 for the distribution of state resources to public universities. The SSCM model shifted the formula for distribution of the majority of state funding for Oregon’s seven public universities from a longstanding model based on enrollment alone, to a model that weighed not just enrollment but also resident student graduation and other factors, to promote progress toward Oregon’s educational attainment goals. When this model was adopted in 2015, the HECC committed to reviewing it at its five-year mark in 2020.