Reports that Yale University (Connecticut) is 5 years into the most expensive renovation and construction project any university has ever undertaken. The renovations, when completed around 2010, will cost about $2.6-billion and new construction another $400 million. Critics worry about preservation of historic buildings and Yale's intentions in…

Colleges and universities historically have ignored the capital costs associated with institutional administration in their estimates of overall and per-student costs. This neglect leads to distortion of data, misunderstandings, and uninformed decision making. The real costs should be recognized in institutional accounting. (MSE)

This document presents fiscal year 2002 budget recommendations for Illinois higher education operations, grants, and capital improvements. For operations and grants, state general funds of $2,654.5 million are recommended, an increase of $143.8 million. New funds are targeted to address the six goals of the Illinois Commitment: Partnerships,…

For many colleges, universities, and teaching hospitals, the need to expand, renovate, or replace aging structures and equipment is crucial. Institutions need not be large and well known to tap nationwide capital pools. By using municipal bond insurance when issuing tax-exempt bonds for financing, they improve their credit rating and increase…

A report on the remodeling projects at the University of Minnesota president's house and office is presented, noting significant shortcomings in the way the projects were managed and in the reporting relationship that existed between the Board of Regents and the university's administration. Recommendations are offered to the university on how…

Life cycle cost analysis is used by the Veterans Administration in planning and remodeling hospitals. (MLF)

The process of obtaining state capital assistance, as learned by the Capitol Institute of Technology, consists of several stages: determining strategy, making application with a strong case, preparing for agency review, review by the governor, and dealing with the legislature. (MSE)

A shortage of capital and appropriate education facilities prompted the Edmonton (Alberta) Public Schools to explore creative solutions such as leasing retrofitted facilities to house new academic programs. Landlords generally like school districts, considering them reliable, long-term tenants for hard-to-rent larger buildings. (MLH)

Explains the formula applied in Indiana for the distribution of repair and rehabilitation money to state-supported schools. Improvements are suggested, but the formula is still considered to be a fair basis for distributing general building renewal funds among state-supported agencies or institutions of higher education. (MLF)

A capital campaign to build facilities for a new nursing division at Aurora College is described. Three suggestions are provided: draw up a detailed plan, there is no substitute for personal contact, and hard work is essential. (MLW)

THIS PROGRESS REPORT ON THE IMPLEMENTATIONS OF A PROJECTION OF SPACE REQUIREMENTS OVER A 10-YEAR PERIOD DESCRIBES THE CAPITAL IMPROVEMENTS PROGRAM DEVELOPED FOR THE OKLAHOMA STATE SYSTEMS TO ALLOCATE FUNDS FOR CONSTRUCTION FOR THE PERIOD 1965-1970. (A SURVEY OF THESE NEEDS WERE DEVELOPED IN A PREVIOUS STUDY--SEE ED 013 526.) THIS IMPROVEMENT…

Interest in general school finance reform escalated in the 1970s, with many court decisions ruling state educational finance systems unconstitutional because of extreme variations in local wealth. Many state systems of educational financing were realigned. While the remedies utilized generally served to placate reformers, a resurgence of…

Factors in college plant and equipment management that have evolved in the last few decades are identified. Possible approaches for institutions to take in short-range and long-range planning for them, including financial quantification techniques and administrative structures and procedures, are suggested. (MSE)

This report looks at the infrastructure (capital outlay) needs of higher education in California through the Year 2000, indicating the needs projected by segment (University of California, California State University, and community colleges); past funding; and options for accommodating increasing enrollments and meeting capital outlay needs.…

The rapid deterioration of plant and equipment in higher education institutions necessitates quick action by colleges to assess capital needs. Specific plans of action at campus and national levels are required to resolve the lack of information and policies for meeting these needs. (MSE) ***