Blogging @ CNM

Central New Mexico Community College

CNM’s State Funding to Increase 8.8 Percent Over Last Year, But it’s Still $3 Million Short of 2008 State Funding – What Are Our Options for Funding Sources?

46 Comments

You might have read my message last week about the Legislature passing the state budget, which includes an 8.8 percent increase in state funding for CNM for the upcoming fiscal year compared to the state funding we received last year. Although this will be a very welcomed increase, we’re still going to receive less state funding than we received in 2008. In fact, we’ll be receiving $3 million less in state funding for the year ahead than we received in 2008. And we’re accommodating more student demand now than we were in 2008. So, even though we’re getting an 8.8 percent increase in state funding compared to last year, the coming year will be a fiscal challenge for CNM.

On March 21, the Albuquerque Journal reported an interesting, and sobering, fact – New Mexico’s cuts to higher education have exceeded the national average from 2008 through the current fiscal year. The Journal cited a study by the Center on Budget and Policy Priorities in Washington, D.C., which revealed that New Mexico has cut higher education spending per student by an average of 36.7 percent, compared to the national average of 28 percent.

This is troubling, especially since New Mexico is showing few signs of a robust economic recovery in the near future.

CNM has three sources of revenue – state appropriations, CNM’s mill levy (property taxes from the CNM District), and tuition and fees. State appropriations used to be our largest source of funding, but now each of the three revenue sources make up about a third of our funding. CNM’s mill levy will remain flat again this year and our enrollment has been trending slightly downward the last couple years.

We all hope that our state funding will continue to increase in the years ahead, but that is far from a given. Actually, if you pay attention to a lot of studies and forecasts out there, we may never get back to the same level of state funding we grew accustomed to in the decade or so prior to 2009.

We can hope, and we need to hope. But we also need contingency plans for the possibility that our state funding never rebounds to pre-2009 levels, or at least the possibility that it doesn’t rebound in the near future.

Should we consider exploring new ways to generate revenue? I’d love to hear your thoughts, so let’s have a discussion. Don’t be shy. Let me know what you think!

46 thoughts on “CNM’s State Funding to Increase 8.8 Percent Over Last Year, But it’s Still $3 Million Short of 2008 State Funding – What Are Our Options for Funding Sources?

  1. Perhaps it would be good to re-evaluate ways in which we could potentially SAVE money, rather than expect outside funding to increase.

    • James, I totally agree that we need to be thinking about saving. However, I hope do both – new ideas are happening all the time and I want to encourage and participate in discussions that help us move in both directions.

  2. Could CNM consider selling naming rights to buildings and such? Charging for certain parking areas near buildings. Advertise regionally/nationally it’s lower tuition for non-residents who take 6 credits or less to increase online enrollment. Advertise our rental spaces for functions if use of those spaces isn’t being use consider reducing the cost to get them filled. Charge an admission fee with a process to have that fee waived for those that can’t afford it. These admission applications require staff time and effort yet thousands of students do not attend after being admitted. To encourage enrollment I really like the idea of giving the student the last term of their associates free if they are going to graduate and advertising this.

    • I love when we are all moving in the same direction. The CNM Foundation has worked very hard over the past year to begin the process of providing naming opportunities for friends of CNM. We also are moving forward to create a consistent way to charge for parking. We also already have an registration fee at the college that incorporates the admission process. Your other ideas are great and we’ll add them to our “list” as we continue to consider financial options for the future.

      • Since the registration fee doesn’t kick in unless the student actually registers for one or more classes, I believe the suggestion was that we charge an application fee, so that if the applicant never registers CNM has been compensated for the time and work of processing the application.

  3. Raymond Gurrola has some great ideas! I have also been reading in the Chronicle of Higher Ed about community colleges turning to more fundraising from alumni, some even devoting a full-time position to alumni development. CNM could create a donor recognition program, perhaps selling plaques or sidewalk bricks to honor friends and family (I have a $75 brick commemorating my mom at Thomas Edison State College in NJ, where I once worked.)

    • Keep those great ideas coming. The Foundation already works with our alumni and does recognize donors but your ideas add to their current projects. Thanks.

  4. How about charging Isotopes fans parking fees to park in the SSC parking lot for games? That might raise a few ducats.

    • Hmmmm – let me think about that one. We currently have an agreement with the Isotopes that allows us to use their parking when they are not in season, so we can think about ways to expand that. Thanks

  5. We could develop a catering service – it could work with the curriculums in the Culinary Arts and Hospitality programs – maybe even the Business and Marketing programs.

  6. Great idea Chris!!! 🙂

  7. I think that CNM is not using its property at the ATC to full advantage. The 2nd floor and a good deal of the 1st floor of the building we have in use are unused. Also, the other building that has alot of basically for the most part junk, could be cleared out and leased
    as storage space or even house some sort of a business in addition to CTS until such time as CNM deems it necessary to convert
    it to classroom area. Also, having an estate sale to clear out the stuff in the ATC storage would be a potential fund raiser.

    • Although I agree with you comments, the reason we do not use some of the space is two-fold. Much of the property requires renovations to make sure that it is accessible and we do not have the funds to carry out those renovations right now – there are other priorities in front of this project. Secondly, some of the unused space is being leased to CTS.

      • Thank you very much for the response President Winograd! Perhaps this could be a back-burner project to examine when the time is right. I think what I was saying in large part does have merit. I don’t have the “big picture” as I am not
        in on governing board meetings, so it was just an observation.

  8. Some institutions offer “fast-track” programs and charge a premium for providing a degree in a compressed amount of time. UNM’s Executive MBA program is an example. Students can attend weekends and complete their MBA in a relatively short period of time. The tuition is substantially higher, but there is high demand for the program non-the-less. I wonder if any of CNM’s degree or certificate programs might be a good fit for that model? Could we generate revenue AND increase our number of degrees and certificates awarded?

  9. @ Kathy Ulibarri: I agree. In many of our discussions around campus we tend to focus on helping students who are not succeeding, but it is important to remember we DO have students who ARE prepared for intense programs/courses such as that one at UNM. That would be an interesting approach, and one that could allow those who are prepared to productively move forward at a higher rate.

  10. Do you mind if I quote a couple of your posts as long as I provide credit and sources back to your webpage?
    My website is in the exact same area of interest as yours and my visitors would truly benefit from some of the information you present here.
    Please let me know if this alright with you. Thank you!

  11. Sure

  12. Very nice post. I just stumbled upon your blog and
    wanted to say that I’ve really enjoyed browsing your blog posts. After all I will be subscribing to your feed and I hope you write again very soon!

  13. Hi, its pleasant piece of writing about media print,
    we all know media is a enormous source of data.

  14. Remarkable! Its in fact remarkable article, I have got much clear idea about from
    this piece of writing.

  15. Unquestionably imagine that which you said. Your favourite justification seemed to be at the web the simplest thing to keep in mind of.
    I say to you, I definitely get annoyed while people think about
    issues that they just do not understand about. You managed to hit the nail upon the highest and
    also outlined out the entire thing with no need side-effects , other people can
    take a signal. Will probably be again to get more. Thank you

  16. What about computer application hosting? For example, I was on the phone with SAP yesterday to see if I could get some training and curriculum donated to teach Crystal Reports and they gave us this whole sales pitch about the SAP product line. They are happy to give us free training and curriculum for their whole SAP Enterprise Solution – as long as we pay the hosting college (they only have 2 in the US) $8000 a year. They have 1300 University Alliance partners globally. If each college only hosts 250 universities, that is $2,000,000 a year. 1,300 University Alliances is 10.4 million dollars a year.

    And if you were hosting for corporations, you could charge a whole lot more than $8000 a year.

  17. I tend not to comment, however after looking at some of the responses
    on CNM’s State Funding to Increase 8.8 Percent Over Last
    Year, But it’s Still $3 Million Short of 2008 State
    Funding – What Are Our Options for Funding Sources?
    | Blogging @ CNM. I actually do have some questions
    for you if you tend not to mind. Could it be just me or do a few of the remarks come across like
    they are coming from brain dead individuals? 😛 And, if you are writing on additional online social sites,
    I would like to follow you. Could you make a list of all of all your social networking sites like your linkedin profile, Facebook page or twitter
    feed?

  18. Its like you read my mind! You appear to grasp so much approximately this, like you wrote the book in it or something. I feel that you can do with a few percent to drive the message home a bit, but instead of that, that is great blog. A great read. I’ll certainly be back.
    theonline-works.com

  19. Would be quite interesting to see other opinions regarding this.

  20. That is very interesting, You are an excessively professional blogger.
    I’ve joined your feed and look forward to in the hunt for more of your great post. Additionally, I’ve shared your site
    in my social networks

  21. Good day! This is my first comment here so I just wanted to give a quick shout out and tell you
    I genuinely enjoy reading your articles. Can you suggest any other blogs/websites/forums that cover the same topics?
    Thanks a ton!

  22. Hi there to all, the YouTube film that is posted at here has actually fastidious quality along with pleasant audio quality

  23. this is an awesome article. i googled this before but could never find it. thanks a killion

  24. I’m book-marking and will be tweeting this to my followers! Superb blog and superb design.|

  25. Right here is the perfect site for anyone who would like to find out about this topic.
    You know so much its almost tough to argue with you (not that I
    personally will need to…HaHa). You certainly put a fresh spin on a topic
    that’s been discussed for many years. Great stuff, just great!
    A good way to instagram is always to have got stars recruit a posting to
    suit your needs.
    One way to instagram is to include celebrities coordinator a
    new article to suit your needs.
    instagram can significantly the adquation and also reliability.

  26. With havin so much content do you ever run into
    any issues of plagorism or copyright violation? My site has a lot of unique content I’ve either authored myself or outsourced but it looks like a lot
    of it is popping it up all over the web without my agreement.
    Do you know any techniques to help reduce content from being ripped off?
    I’d really appreciate it.

  27. Its not my first time to pay a visit this web site, i am browsing this web site dailly and
    take good information from here all the time. instagram
    instagram

  28. Every weekend i used to pay a visit this web site, because i want
    enjoyment, as this this web site conations really pleasant funny
    data too. instagram
    instagram

  29. WOW just what I was looking for. Came here by searching for atlantis bahamas.
    facebook
    facebook
    facebook

  30. Excellent web site you have got here.. It’s difficult to
    find high quality writing like yours these days. I really appreciate indiviuals like you!
    Take care!!

  31. What’s up, just wanted to say, I liked this post.
    It was inspiring. Keep on posting! youtube
    youtube
    youtube

  32. It’s amazing to pay a visit this web site and reading the views of all colleagues concerning this article, while I am also zealous of getting know-how.
    twitter
    twitter
    twitter

  33. This is my first time pay a quick visit at here and i am in fact impressed to read all at one place.
    youtube
    youtube

  34. It’s an awesome paragraph for all the online visitors; they
    will obtain benefit from it I am sure. twitter
    twitter

  35. Hi! I’m at work browsing your blog from my new iphone 4!
    Just wanted to say I love reading your blog and look forward to all your posts!
    Keep up the fantastic work! youtube
    youtube
    youtube

  36. If some one wishes expert view on the topic of blogging
    afterward i propose him/her to go to see this website, Keep up the pleasant job.
    instagram
    instagram

  37. Piece of writing writing is also a excitement, if you
    know afterward you can write if not it is complicated
    to write. youtube
    youtube

  38. Every weekend i used to pay a visit this web site, because i want
    enjoyment, as this this web site conations really pleasant funny
    data too

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s