Final Report, State Board of Regents Committee on Efficiency and Cost Effectiveness, May 1984

(1984) Final Report, State Board of Regents Committee on Efficiency and Cost Effectiveness, May 1984. Board of Regents, State of Iowa

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Abstract

The work of the Regent Committee on Efficiencies and Cost Effectiveness was organized as a cooperative effort of private sector experts and representatives of the Regent institutions and the Board Office. The committee established six task forces to study the following areas: physical plant, risk management, personnel management, administrative support services, cash management, and communications and computer' services and technology. The committee worked with task forces chaired by representatives of the private sector to conduct studies of each of these areas. As a result of this effort, 70 recommendations have been made regarding measures which might be taken by the Regent institutions to accomplish potential cost savings, cost containment, improved efficiencies, and enhancements in the effectiveness of Regent business operations. These recommendations, if implemented, have the potential to save, avoid cost increases, or increase revenues of approximately $29.2 million cumulatively from fiscal year 1985 through fiscal year 1987.