This report looks at three areas of performance: (1) Access and Preparation--How well are students able to gain access to college and are they well prepared?; (2) Quality--Are students receiving a quality education?; and (3) Efficiency and Finance--How is Higher Education financed and what are the trends? The report also includes the findings of the National Center for Higher Education Management Systems, showing how Utah compares to other states in terms of Higher Education efficiency--outputs versus inputs. This report represents the dynamic efforts of a working group comprised of representatives from each of the 10 public colleges and universities, the Commissioner's Office, members of the Utah State Legislature's Higher Education Appropriations Subcommittee and its staff. A wide range of possible measures were considered, including data collected from Utah System of Higher Education (USHE) institutions as well as regional and national sources. Where possible, a "baseline" of 2000-2001 has been adopted. In each case, the most recent data available has been used to measure against this baseline. [This report was prepared by the Office of the Commissioner of Higher Education.]