Learning Resources

Abstract: Private higher education institutions are those entities owned and operated by the private sector, while public institutions are those established, supported, and controlled by a governmental agency, most often a state. Key differences exist between private and public institutions that affect budgeting in critical ways. Such differences include governance, governmental support, student tuition and fees, student financial aid, constituent support, and accounting regulations.However, when all is said and done, both public and private institutions must be careful to fulfill their fiduciary responsibilities because higher education overall is essential to the public interest.

Abstract: Since the creation of the Kentucky Community and Technical College System (KCTCS) in 1998, we have transformed the lives of more than 500,000 Kentuckians by providing them with the skills and education they need to succeed in today’s economy. KCTCS has become the largest provider of higher education and workforce training in Kentucky by focusing on workforce and transfer education and college and workforce readiness. For most Kentuckians, higher education begins at one of our system’s 16 colleges because we provide students with a quality and affordable education right in their own community. We are well on our way to achieving our vision to be the nation’s premier community and technical college system. This article describes the KCTCS approach to budgeting.

Abstract: Space budgeting processes assist administrators in managing and allocating academic space, but there are many external and internal factors to consider. Once these factors are identified, space budgeting processes can be tailored to encourage desired behaviors that meet institutional goals. Increased understanding of space budgeting strategies can also lead to more effective solutions and increased opportunities for institutions to survive during difficult times.