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Florida College System Performance Based Funding

This document outlines the path to the adoption of the 2015-2016 Performance Funding Model for the Florida College System. It includes information on the measures used for evaluation, the scoring system, and the proposed model for the 2016-2017 academic year.

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Florida College System Performance Based Funding

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  1. Florida College System Performance Based Funding Higher Education Coordinating Council June 20, 2016

  2. Path to the 2015-16 Performance Funding Model Improvement Adoption Model Building the Model Proviso July 2014 July 23, August Spring May -January 2015 2014 2015 2015 2015 July 1, September June 19, January 23, July 28, 2014 2015 2015 2015 2015 Commissioner Recommended Model Gathering Law Passed Approval Results Meetings with college and legislative stakeholders occurred throughout the process.

  3. 2015-16 Performance Funding Model Four measures specified in proviso and statute Job Placement/Continuing Education Retention Rate Completion Rate Earnings Measures scored for excellence and improvement • Excellence: compares college data to prior year(s) system average • Improvement: compares college data to college’s own prior year(s) • College:receives the score of highest value Threshold • Gold: Base funds; new funds; portion of bronze new funds • Silver: Base funds; new funds • Bronze: Base funds restored based on Performance Improvement Plan progress MEASURES WEIGHTED: • Completion Rate • and Retention Rate: 100% • Job Placement and/or • Continuing Education: 75% • Completer Entry-Level Wages compared to college service area entry-level wages: 30%

  4. Path to the 2016-17 Performance Funding Model Signed into Law By the Governor Stakeholder Input SBOE Presentation Effective April 14 Winter 2015 May 20 July 1 July March 11 May 19 Adopted by Legislature Rulemaking Workshop SBOE Approval

  5. Codified in Law: Section 1001.66, F.S. Awards a Performance-Based Incentive to Florida College System institutions using performance-based metrics adopted by the State Board of Education. • Metrics must include: • Retention Rates • Completion Rates • Entry-level Wages • Job Placement/Continuing Ed (Outcome measures for AA degree recipients) • Requires SBOE to: • Adopt rules to administer the program • Adopt Benchmarks for evaluation of institutions’ performance • Establish minimum requirements to receive state investment funding • Monitor colleges with performance improvement plans

  6. 2016-17 Proposed Performance Funding Model 1.00 1.00 0.30 0.75

  7. 2016-17 Proposed Thresholds Within 1 standard deviation of Mean 1 standard deviation below mean threshold 2 standard deviations below mean threshold 1 standard deviation above mean threshold

  8. Next Steps • Develop a Rule to administer the law. Rule will include the following criteria for colleges below a number threshold: • MEASURES • Defining Cohorts • Defining Subgroups • CALCULATIONS • Defining excellence and improvement • Defining point ranges • THRESHOLDS • Methodology for establishing • Communications • IMPROVEMENT PLANS • Content • Measureable • Formats

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