The Coordinating Board of Higher Education and Missouri Department of Higher Education believe it is important to keep public institutions performance results inline with the appropriate funding. As described in The Performance Funding Model Report:
Missouri has a history of allocating additional state resources on the basis of performance through the Funding for Results program from the late 1990s. However there has been no visibility or implementation strategy for performance funding since then with the exception of the unsuccessful budget requests for pilot projects that the Coordinating Board has consistently brought forward. With national trends in higher education finance moving towards a greater emphasis on performance driving the allocation of state dollars, the time was right for Missouri to revisit performance funding and develop a new model.
Supporting Documentation
- 2012 Performance Results for 4-year public institutions.
- Missouri State University System Report and data submission.
- CBHE Performance Funding Model Testimony to the Joint Committee on Education Power Point presentation.
- To help Missouri State achieve its full mission, the Key Performance Indicators (KPI) focuses on 15 important institutional measures.