Northland Pioneer College
creates, supports and promotes
lifelong learning
PILLAR 5: Strengthen Fiscal Resources to Support Critical Programs and Services
Priority 1: Identify and develop a variety of funding alternatives
- Seek grant opportunities
- Enhance awareness and effectiveness of NPC Foundation
- Support community development to maximize assessed valuation
- Expand operating and capital state aid through enrollment growth
- Seek support for capital funding
- Protect equalization aid
- Cultivate partnerships with business, industry, governments and other entities
- Appropriately obtain third party financing
Priority 2: Improve financial planning
- Strengthen linkage between the budget process and planning
- Provide all budget managers with the ability to track expenditures through the financial management system
- Develop multiple year capital budget plans linked to technology and facilities plans
- Link program review and assessment to budget development
Priority 3: Improve accountability and transparency
- Define and document policies and procedures for a comprehensive system of internal controls
- Enhance disclosures, including a report on the effectiveness of internal controls and procedures for financial reporting (along with the external auditor attestation of that report)
- Develop community and management reports and a reporting calendar
- Develop procedures for the audit committee to address risk management and financial report monitoring
- Post all public data reports for access to statistics