Monthly Archives: June 2016

Cost Recovery and Revenue Enhancement

We recently had visitors from Ireland’s Teagasc agency (The Irish equivalent to Cooperative Extension). Back in the late 90’s they moved from a no-fee system like ours to a fee-based approach for services that directly benefited individuals and/or companies. We wouldn’t be the first state extension system to do this. Others such as Penn St., Ohio St. Wisconsin, Michigan, Iowa St., and Kentucky, have already built new delivery models that include programs and services with that run the continuum of no charges, partial cost recovery, full cost recovery , and even revenue generation.

How do you feel about incorporating more cost recovery and revenue enhancement strategies into VCE’s playbook?

— Joe Hunnings