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For Immediate Release:  March 26, 2014
Contact:   Conor Smyth, 608-220-1553, conor.smyth@wtcsystem.edu


WTCS Board approves formula linking state investment, outcomes

         LA CROSSE – The Wisconsin Technical College System (WTCS) Board today approved a new formula for distributing a portion of state funding to colleges based on specific performance outcomes.

         The Board unanimously approved the formula after reviewing the overarching model at its January meeting in Madison. The new outcomes-based funding model still requires approval from the Legislature’s Joint Committee on Finance before it can be implemented by the Board effective July 1, 2014.

         "The Governor included a strong version of our outcomes-based funding proposal in his last budget," said system president Morna Foy. "I’m confident that a lot of listening and careful work has resulted in a formula that achieves our goals, the first of which was achieved with $5 million in additional investment. This and future investments will allow our colleges to deliver strong outcomes for even more students and employers.".

         The performance formula will be the basis for distributing 10% of $88.5 million in state aid to the colleges for fiscal year 2014-15. The Governor has indicated his intention to revisit the proportion of funds distributed under the formula in future budgets.

         "This formula allows us to demonstrate the valuable outcomes delivered by our colleges," said Drew Petersen, president of the WTCS Board. "But it also allows us to emphasize performance in areas of strategic importance to the System, the state and our employer partners."

         In other business, the Board approved grant recommendations made under a new structure tied directly to its strategic plan. The Board also approved a modest 3% tuition increase for 2014-15, and recognized D & S Manufacturing of Black River Falls as a "Futuremakers Partner" based on the strength of its partnership with Western Technical College. D & S has a long history of involvement in the college’s welding program, as well as encouraging and funding lifelong learning among its team members.

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About the System:
The Wisconsin Technical College System (WTCS) offers more than 300 programs awarding two-year associate degrees, one- and two-year technical diplomas and short-term technical diplomas and certificates. In addition, the System is the major provider of customized business solutions and technical assistance to Wisconsin employers. More than 340,000 individuals access the technical colleges for education and training each year.


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