02 2012: stephen owens, house appropriations

9
Slide 1 University of Missouri System’s Unique Impact on State Stephen J. Owens, Interim President

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Stephen J. Owens, Interim President University of Missouri System House Appropriations-Education Committee (Feb. 1, 2012) Jefferson City, Mo.

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Page 1: 02 2012: Stephen Owens, House Appropriations

Slide 1

University of Missouri System’s Unique Impact on State

Stephen J. Owens, Interim President

Page 2: 02 2012: Stephen Owens, House Appropriations

Slide 2

UM has a four-part mission

» Teaching

» Research

» Outreach

» Economic Development

Page 3: 02 2012: Stephen Owens, House Appropriations

Slide 3

Statewide Perspective on Impact

Page 4: 02 2012: Stephen Owens, House Appropriations

Slide 4

UM is a Major Employer in Missouri

» About 28,000 employees

› University of Missouri is 2nd largest non-government

employer in state

» In 2011, UM employees earned $1.3 billion in

salary/wages

› Paid state $46.4 million in payroll taxes

Page 5: 02 2012: Stephen Owens, House Appropriations

Slide 5

UM is a Key Economic Driver for State - 2011

» Majority of key federal research awarded to UM » $330M in research funding brought into state » 31 patents issued + 58 new patents filed » 5 startup companies created around UM technologies» $7.8M in licensing income

Page 6: 02 2012: Stephen Owens, House Appropriations

Slide 6

UM is a Source of Jobs for the State

» Existing Jobs = 28,000

» Open Jobs = 700

» New Jobs = potential to create

Page 7: 02 2012: Stephen Owens, House Appropriations

Slide 7

Issues Important to MissouriansSeptember 2008 Survey

Strengthening economy, creating jobs

Making health care affordable, accessible

Support public higher education

Keeping taxes to a minimum

Fighting crime, improving public safety

Protecting the environment

Addressing statewide transportation

Equally important

Unsure

45%

20%

8%

9%

4%

1 %

2%

10%

1%

17%

20%

21%

16%

16%

5%

3%

Page 8: 02 2012: Stephen Owens, House Appropriations

Slide 8

Missourians’ Attitudes Toward Higher Ed

51%

22%

23%4% Support investing more in public

higher education even if it means higher taxes

Support investing more in public higher education if cuts are made to other programs

Opposed to increased state fund-ing for higher education no mat-ter what

Not sure

Page 9: 02 2012: Stephen Owens, House Appropriations

Slide 9

Missourians’ Attitudes Toward UM

Economic contributor

High-quality education

State's greatest asset

90

88

85

7

7

11

4

5

4

Agree Disagree Not sure