2017-2022 Long-Range Financial Plan Conversation Kit
Introduction
Finance Council, the financial policy and planning body of Lane Community College’s governance system, is developing a new long-range financial plan to serve the college for the next five years, with annual updates. This plan will support the college’s strategic plan, learning plan, facilities master plan, and other strategic planning efforts.
Broad-based input, in-depth analysis, and a diversity of perspective are essential to this work. This website and complementary printed components provide information about the long-range financial planning process and provide a framework for contribution for individuals and groups across campus. Download copies of the conversation kit.
Plan Drafts and Resources
Plan Drafts
- Long Range Financial Plan Draft - May 26, 2017
- Long Range Financial Plan Draft - May 25, 2017
- Long Range Financial Plan Draft - May 22, 2017
- Plan Contents - January 2017
- Planning Framework - February 21, 2017
Resources
- Recording of the Long Range Financial Plan forum held on 03/01/17
- A Guide to Scenario Planning in Higher Education
- Enrollment Trend Analysis, March 2016
- Budget Development Data Files
- Building a Financially Resilient Government through Long-Term Financial Planning
- Long-Term Financial Planning (GFOA)
- Budget Acronyms
Meet the Team
Finance Council
Wilgen Brown, Rose Ellis, Robin Geyer, Dennis Gilbert, Greg Holmes, Kena'dee Needham, Russ Pierson, Casandra Rhay
Finance Council Planning Subcommittee
Robin Geyer, Dennis Gilbert, Greg Holmes, Russ Pierson
Planning Principles
Lane’s 2017-2022 Long-Range Financial Plan will be developed using the following guiding principles established by Finance Council.
Input from the entire college community that is:
- Robust
- High level
- Supported through adequate infrastructure
- Comprehensive and strategic in scope
Transparency throughout the process; descriptions and data that are:
- Meaningful
- Accessible
- Searchable
Identification of Financial and Educational challenges, trends, and opportunities:
- Structure for regular updates and iterations
- Bring all ideas to the table/conversation
Adequate analytical resources:
- Supported and developed through an adequate organizational infrastructure
- Primary data and meaning-making indices
- Contingency and scenario analysis
Long-term financial planning document, including interfaces with:
- The yearly and biennial local and State budget cycles, with accountability and tracking measures
- Department, division and college innovation constraints on initiatives, and unit responsibilities and guidelines