1. Staff Senate April 11, 2011 Dr. James R. Ramsey University of Louisville

2. Thank you for the invitation! More importantly, Thank you for all you do! Some great things are happening here!

3. UofL has changed video

4. Some updates

5. Hitting the Road High School Outreach 2010 Lexington Catholic Bryan Station Henry Clay Central Kentucky Counselors Rowan County West Carter County East Kentucky Counselors Prestonsburg Pikeville Owensboro Senior High & Governor’s Scholars Luncheon Shawnee (twice) Central Manual Beechwood Holy Cross Elizabethtown Counselors/Governor’s Scholars John Hardin High School Northern Kentucky Counselors/Governor’s Scholars

6. Hitting the Road Alumni Outreach 2010/2011 Also … Northern Kentucky Club Tampa/St. Pete Club Denver Club New York City ClubSouthwest Florida Club Florida East Coast Club

7. And of Course Donor Activities and the Campaign $ 750,000,000 $415,802,511 Public Phase – Comprehensive Campaign – November 2010 Update on Campaign

8. So you can see, I’m not here much

9. The Mandate; What Drives Us Be it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. This Act may be cited as the "Kentucky Postsecondary Education Improvement Act of 1997.“ (2)The General Assembly declares on behalf of the people of the Commonwealth the following goals to be achieved by the year 2020: (c)A premier, nationally-recognized metropolitan research university at the University of Louisville;

10. Employment in State Drives State General Fund and Educational Funding

11. Translating the Economy Into Budget Reality State Mandated Budget Reductions FY 2001-02 through FY 2011-12 Cumulative 2001-022002-032003-042004-052005-062006-072007-082008-092009-102010-112011-12Total Recurring FY 2002($3.0) ($33.0) Nonrecurring FY 2002($3.9) Recurring FY 2003($3.0) ($30.0) Recurring FY 2004($3.1) $0.0a.$0.0 ($6.2) Nonrecurring FY 2004($7.9) Nonrecurring FY 2008($5.1) Recurring FY 2009($10.0) ($40.0) Nonrecurring FY 2009 @ 2%($3.2) Recurring FY 2010 @ 2%($3.2)b.($3.2) ($9.6) Recurring FY 2011 @ 1.5%($2.4)c.($2.4)($4.8) Recurring FY 2012 @ 1%($2.0)d.($2.0) ($6.9)($6.0)($17.0)($9.1)($6.0) ($11.1)($19.2) ($21.6)($23.6)($145.6) Footnotes: a. The Recurring Reduction from FY 2004-05 was restored in FY 2005-06. b. The Nonrecurring for FY 2009 became recurring in FY 2010. c. The FY 2010-11 Recurring Reduction is on 1.5% of the FY 2009-10 Budget of the Commonwealth as enacted and signed into law and includes a cut to QCCT. d. Includes General Fund, QCCT and Debt Service Reductions.

12. 1.Continuing re-engineering of processes and expense management 2.Aggressively improving balance sheet management, with an emphasis on converting underperforming assets 3.Increasing clinical income to support education and research 4.Increasing contract research and commercialization income 5.Creating private sector partnerships 6.Enhanced fund raising 7.Being creative in expanding the research mission through innovative financing tools like the tax increment financing plan But We Said “Budget Cuts Would Not Stop Us” Our Seven Strategies

13. 2002-032010 UofL Hospital Payments $8 Million$11 Million UofL Foundation Support $35 Million$108 Million Technology Transfer Income (royalties, associated 1, reimbursed) $31,000$3,209,753 1 Associated income includes industry-sponsored research negotiated as part of licensing/marketing activity or from start-ups that are based on ULRF-owned IP. For Example…

14. And Most Importantly, We Have Made Progress During These Difficult Times

15. UofL campaign video

16. Thank you! Questions?