Summary Of Fiscal Year Appropriations For Higher Education Capital Improvement Projects Governors Action

Author : Connecticut. Department of Higher Education
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (16 download)

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Download or read book Board of Governors' Recommendations written by Connecticut. Department of Higher Education and published by . This book was released on 2006 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: In accordance with the Connecticut General Statutes Sec. 10a-6 and 10a-8, the Board of Governors' prepares and presents to the Governor and General Assembly a consolidated capital budget request and five-year plan with recommendations for public higher education. Through passage of the UConn 2000 legislation, the University of Connecticut obtained authorization for approximately $1 billion of new capital projects over the ten years ending in 2005. The physical transformation is continuing under 21st Century UConn, a 10 year, $1.3 billion extension to UConn 2000 approved by the General Assembly and Governor in the August, 2002 Special Session. The Department has detailed the anticipated allocations for UConn 2000/21st Century and its five-year plan for illustrative purposes and to provide a more complete picture of the entire higher education capital landscape. The legislative and gubernatorial support for UConn 2000 provided the impetus for a similar state commitment to the rest of higher education to address existing deficiencies and program demands to permit the system to compete effectively into the next century. Through FY 2007, the Connecticut State University received authorizations totaling about $866 million, while the Community-Technical College System garnered approximately $725 million for capital improvement projects. The Board of Governors assumes that the state's financial commitments to the State University and the community colleges will continue through the biennium although these are not specific in statute as is the case for 21st Century UConn. The five-year capital plan for Connecticut's public higher education system covers the period 2007 to 2012 and includes 58 general obligation bond projects across the Connecticut State University, the Community-Technical College System and Charter Oak State College. The total cost of the entire five-year plan is $1.7 billion, excluding all UConn 2000 and 21st Century projects. On a constituent unit basis, the Connecticut State University System has 38 projects totaling $998.4 million, the Community-Technical College System has 18 projects totaling $737.5 million and Charter Oak State College has two projects totaling $1.3 million. By project type, the plan includes seven code compliance projects totaling $130.1 million, twenty-one renovation projects totaling $595.3 million, twenty-one new construction projects totaling $816.0 million, five equipment projects/programs totaling $178.5 million, two acquisition programs totaling $14.4 million and two other projects totaling $2.8 million. The definition of each project type is detailed in Attachment A.