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

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

2. UM has a four-part mission
» Teaching
» Research
» Outreach
» Economic Development
Slide 2

3. Statewide Perspective on Impact
Slide 3

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
Slide 4

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
Slide 5

6. UM is a Source of Jobs for the State
» Existing Jobs = 28,000
» Open Jobs = 700
» New Jobs = potential to create
Slide 6

7. Issues Important to Missourians
September 2008 Survey
Strengthening economy, creating jobs 45% 17%
Making health care affordable, accessible 20% 20%
Support public higher education 8% 21%
Keeping taxes to a minimum 9% 16%
Fighting crime, improving public safety 4% 16%
Protecting the environment 1 % 5%
Addressing statewide transportation 2% 3%
Equally important 10%
1%
Unsure
Slide 7

8. Missourians’ Attitudes Toward Higher Ed
Support investing more in public
4% higher education even if it
23% means higher taxes
51% Support investing more in public
higher education if cuts are
22% made to other programs
Opposed to increased state
funding for higher education no
matter what
Not sure
Slide 8

9. Missourians’ Attitudes Toward UM
State's greatest asset 85 11 4
High-quality education 88 7 5
Economic contributor 90 7 4
Agree Disagree Not sure
Slide 9