Strengthen Our Finances

Establish risk-tolerant financial strategies that are resilient to market and economic tensions.

Goals

Expand our educational footprint outside of Iowa and the U.S. Recruit and Enroll

Status Goal
0% Complete Hire a bi-lingual Success Coach.
0% Complete Convert all recruitment and admission materials to Spanish.
25% Complete Pilot bridge program with additional ESL pilot program.

Utilize prudent stewardship, creating financial growth and efficiency. Recruit and Retain

Status Goal
50% Complete Set management priorities of all funds to manage fund balances and debts.

Accomplished

Utilize prudent stewardship, creating financial growth and efficiency. Recruit and Retain

Status Goal
100% Complete Implement a new technology lifecycle program to improve the efficiency and dependability of staff, faculty and classroom technology.
100% Complete Execute a Campus Compliance Committee.
100% Complete Define major college operational risks and ensure those that cannot be eliminated are reduced as possible if not transferred or insured.
100% Complete Review, analyze, and develop a plan to reduce unrestricted funds support from fund transfers.

Implement new consumer revenue streams to supplement/complement core streams. Recruit

Status Goal
100% Complete Initiate Acadeum agreement to sell open online course seats.
100% Complete Implement Avionics Technology program.

Continue to enhance our budget process that supports our people, consumers, organization and financial strategic goals. Recruit and Retain

Status Goal
100% Complete Implement Self Service (budget to actuals, finance query) and learn the journal entry process to reduce the use of the superform.
100% Complete Develop e-Financial Basics Training for staff and initiate training.
100% Complete Purchase and implement a new Budgeting/Forecasting software and process.

Contact Us About Our Strategic Plan

Kathy Nacos-Burds
Kathleen Nacos-Burds, Ph.D.
Vice President of Teaching and Learning
  • Email: nacos-burdsk@nicc.edu
  • Phone: 844.642.2338, ext. 2135