02 2012: Stephen Owens, House Appropriations

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

Published in: Education, Business
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02 2012: Stephen Owens, House Appropriations

  1. 1. University of Missouri System’s Unique Impact on State Stephen J. Owens, Interim President Slide 1
  2. 2. UM has a four-part mission » Teaching » Research » Outreach » Economic Development Slide 2
  3. 3. Statewide Perspective on Impact Slide 3
  4. 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. 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. 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. 7. Issues Important to MissouriansSeptember 2008 SurveyStrengthening 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. 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. 9. Missourians’ Attitudes Toward UM States greatest asset 85 11 4 High-quality education 88 7 5 Economic contributor 90 7 4 Agree Disagree Not sure Slide 9

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