INCREASING TRANSPARENCY THROUGH OPERATIONAL AND FINANCIAL REVIEWS

As part of its focus on accountability and transparency, the Arizona Board of Regents conducts an annual comprehensive review of the operations and finances of each university. The Operational and Financial Review (OFR) is critical to the enterprise mission and enables the university system’s focus on planning and student success.

The OFR shares each universities’ achievements and challenges in key measures such as enrollment growth, retention, graduation rates and more. These in-depth reports provide the board with a clear understanding of the details and progress of each university against the goals outlined in ABOR’s strategic plan.

Highlights from each institution’s OFR include:

• Arizona State University increased its performance in board metric categories for enrollment, degrees awarded, student success and research, and in most cases, performance exceeded the metric targets.
• Northern Arizona University has generated significant momentum in research measures and continues steady progress for enrollment with considerable growth since 2006 while student success is improving with increases in areas such as degrees awarded and retention.
• The University of Arizona is undergoing a redesign of its strategic plan, bolstering the strengths of the institution in areas such as research and health sciences while building the brand of the university and focusing on students’ experiences.

Reviews include a background report, business plan and presentation. OFRs are available here.