Accelerating Innovation: The Power of the Crowd

Rationale 2005: Austin Chamber assesses talent requirements for projected Central Texas jobs and finds projected shortage of home-grown, college completers. 2006: Chamber organizes:  Matriculation Task Force to draw leadership attention.  Lobby effort to hire campus-based college enrollment mgrs.  Progress Report Task Force to encourage supts to set out- year direct college enrollment, college/career readiness, high school grad rates targets  State of Education to draw attention to high performers. 2007: Chamber initiates CREST Team to:  Create data management tools  Professionally network/support leaders “in the trenches”

Service Region 15 School Districts & 5 Counties 93% of Austin MSA Students 16,000 High School Seniors 12 districts in Student Futures Project 11 districts in Education Progress Report 15 districts in Financial Aid Saturdays 100+Business Partners

Nonfarm payroll jobs Oct Dec Oct Rank DifferencePercent Change Austin MSA858,700199, %1 Houston MSA2,812,500525, Fort Worth MDiv938,600148, San Antonio MSA894,400137, Salt Lake City MSA663,00095, Dallas MDiv2,209,800314, Nashville MSA822,100111, Charlotte MSA892,900121, Orlando MSA1,079,400135, Oklahoma City MSA615,60069, Source: Bureau of Labor Statistics. Fastest Growing Job Markets Among Top 50 Metro Areas — Opportunity Austin Era

Resilient housing market provides foundation for sustained recovery. –United States: median sales price declined 17.6 percent during the recession period and has since fallen an additional 2.1 percent. –Austin: During the recession the median sales price increased by.8 percent and since the end of the recession, the median price has increased 1.3 percent. –Implications: affordability issues in the City of Austin; increasing rents; pressure to develop in low density patterns CHANGE IN MEDIAN HOUSING PRICES SINCE NATIONAL PEAK PRIOR TO RECESSION, Q – Q Source: National Association of Realtors via Moody’s Diversify Economy to Survive Downturns

Central Texas Flat TX, US Direct College Enrollment Rate Down Source: University of Texas at Austin, Ray Marshall Center, Student Futures Survey and Enrollment Results Accessible at:

17 Campuses Exceed Regional 84% ApTx Filing Rate Source: Compiled by Austin Chamber from Texas Higher Education Coordinating Board, ApplyTexas Filings Report, May 2012.

Regional College/Career Ready Rate Improves 36 percent Source: Weighted regional average calculated from Texas Education Agency, Academic Excellence Indicator System & Texas Academic Performance Report, Campus/District Reports Reports are accessible at:

Q1 Central Texas College Financial Aid Filings Up 99% Source: U.S. Department of Education, Central Texas First-time FAFSA filings by Zip Code,

Financial Aid Filings by Campus Source: U.S. Department of Education, First-time FAFSA Applications by high school campus March-May Reports, Accessible at Federal Student Aid Application Volume Reports Page:

37,000+ Unfilled Central Texas Jobs (10/14 – 11/13/2013) Source: The Conference Board Help Wanted OnLine ®

Most High-Demand Job Openings Require Post-Secondary Completion Source: The Conference Board Help Wanted OnLine ®

Higher Paying Occupations Harder to HireHigher Paying Occupations Harder to Hire Source: The Conference Board Help Wanted OnLine ®

Way Out is Increasing Post-Secondary Enrollment/Completion Source: The Conference Board Help Wanted OnLine ® 40 th in Real Per Cap Income 21 st in Real Per Cap Income growth

Plan to support 70% direct-to-college enrollment rate for Class of Chamber:  Advocate continued/strengthened regional ISD staff infrastructure  Advocate/report/celebrate superintendent/Trustee target-setting  Provide counselor portal. Advocate timelier, more accurate data tools  Provide senior & junior exit survey, graduate tracking, statistical analysis  Improves f inancial aid peer-to-peer marketing/competitive components  Advocate Summer Melt scaling for Summer 2014 Superintendents, Central Admin, Principals:  Make improved direct college enrollment and college/career readiness a “top three” leadership issue. Est key targets in performance evaluations.  Default incoming 9 th graders on Distinguished plan.  Task campus leadership with implementation of top SFP interventions.  Evaluate today’s juniors on college/career readiness.  Improve execution of ApplyTexas, FAFSA, college/career ready intervention