Strengthening connections to prospective students through marketing, linking academic programs with careers and jobs, promoting opportunities for earning college credit toward a degree and supporting key services that enhance student retention, transfer and completion.Evolving organizational capacity through a systemic focus of meeting the needs of students, employers and employees, fostering communication and accountability.Stabilizing net assets position and financial indicators through aligning projected revenue with operational expenses and implementing prudent financial oversight, controls and cost-saving measures.The College took a number of actions toward gaining fiscal recovery, including: “We operate very efficiently, which is the key to the College’s stability, as our main revenue source is limited to the State Share of Instruction and tuition revenue.” “We have regulated our finances by living within a budget that aligns revenue with expenditures, based on conservative enrollment targets, “said Jeff Ganues, vice president, business affairs/chief financial officer. The college developed a financial recovery plan that was approved by the board of trustees on Jand was submitted to the Ohio Department of Higher Education. The College was placed in fiscal watch Apdue to receiving a composite score of 1.10 in 2013 and a score of 1.0 in 2014. A college is placed in fiscal watch if it receives a SB6 composite score of 1.75 or lower for two consecutive years in the Ohio Department of Higher Education’s financial ratio analysis. Bower earned an Associate Degree of Applied Science in automotive technology from Vincennes University, Indiana, his Bachelor of Science in industrial technology from Indiana State University, his Master of Business Administration from Indiana Wesleyan University, and his Doctorate of Philosophy Degree in Education, Administration, Curriculum and Instruction with an emphasis in Educational Leadership and Higher Education from the University of Nebraska.įor more information on Owens, please visit PERRYSBURG TOWNSHIP, Ohio, Ap– Leaders of Owens Community College informed the Campus community today that the College has officially been released from fiscal watch by the Chancellor John Carey after achieving a Senate Bill 6 (SB6) composite score of 3.0 for fiscal year 2016.Īdditionally, the State Auditor’s Office confirmed the remediation of the conditions that led to the fiscal watch, which included improvements to the budget, purchasing and payroll processes, and the implementation of regular financial reporting and long-range financial projections. He is a veteran and was honorably discharged from the United States Army.ĭr. Prior to his career in higher education, he was employed at Ford Motor Company and Thomson Consumer Electronics. He has served as an administrator at Mott Community College, Michigan Chippewa Valley Technical College, Wisconsin Central Community College, Nebraska and as faculty and program chair at Ivy Tech State College, Indiana. Bower served as the President of Lake Region State College, which is a student-centered, open access comprehensive community college within the North Dakota University System. “President Bower’s philosophy is ‘to leave a job when you still love it.’ We know how much he loves Owens Community College, and we are thankful for his guidance and his leadership.” Bower’s resignation,” said Dee Talmage, Owens trustee board chair. “It is with mixed emotions that we accepted Dr. I have had the opportunity to structure a remarkable senior team and as a team we have successfully addressed many student and community initiatives, including the College’s fiscal recovery.” Bower stated, “I feel I have accomplished all that I set out to do for Owens during my five-year term. With the support of the Board of Trustees, Dr. Bower, the sixth president in the 52-year history of Owens Community College, has announced his resignation effective Jat the conclusion of his current contract.
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