To be fiscally responsible enterprise that minimizes the financial burden of our students. Our goals are to diversify and grow the revenue stream.
Key Measures
- Finances must sustain the college’s educational programs and mission
- Clinical services, field services and teaching hospitals must function as instructional resources
Strengths
- CVM total cost of education continues to be in the lower 1/3 for both resident & non-resident DVM students
- Since 2018, there have been significant increases in LVMC & VDL revenue
- CVM endowment and gift income & research funding have grown substantially
Weaknesses
- Continued increases in University-wide service expenses
- Decreasing state appropriations
Future Plans
- Identify avenues to diversify and grow revenue streams
- Continue to grow service units revenue
- Look at other revenue generation programs such as new graduate, undergraduate or life-long learning programs