Sources of Funds for Major Physical Facilities Constructed or Acquired

SOURCES OF FUNDS FOR MAJOR PHYSICAL FACILITIES CONSTRUCTED OR ACQUIRED

From 1965-66 through 1999-00, the total cost of major physical facilities constructed or acquired on all campuses was $1,360 million. Bond issues ($624 million, 46%) provide the largest single source of funds for which income from student fees is dedicated to cover the debt service costs.

Facilities financed from gifts and other ($323.8 million, 24%) constitute the second most important funding source since 1965-66. Other funding sources include user fees/revenue bonds ($228.8 million, 17%), direct state appropriations ($96.7 million, 7%), and federal grants ($86.7 million, 6%).

On the Bloomington campus the following major projects were completed: Indiana Memorial Union: Renovations Phase II ($4,000,000, gifts and other); Auditorium Renovation ($12,500,000: $10,000,000, bonds, user fees, $2,500,000, gifts and other); Willkie Quad Renovation ($28,100,000: $26,600,000, bonds, user fees, $1,500,000, gifts and other); Campbell Street Line Replacement ($3,350,000: $1,350,000, state appropriations, $2,000,000, gifts and other); McNutt South: Electrical Rewiring and Pipe Replacement ($1,939,000, gifts and other); Motor Pool Facility ($1,500,000, gifts and other); Armstrong Stadium: South Grandstand ($2,000,000, gifts and other.)

On the IUPUI campus, the Electrical Circuit Conversion Phase II ($1,200,000, state appropriations) and Lecture Hall Renovations Phase II ($1,280,000, state appropriations) were completed. At IPFW, the Kettler Hall, Main: Renovation ($1,722,900, state appropriations) was completed. At IUSB, the Pedestrian Mall Expansion ($1,000,000, gifts and other) was completed. At IUE, the Classroom and Student Support Services Building and Renovation ($10,800,000, bonds, student fees) was completed. At IUNW, the Academic Activities Building ($10,600,000, bonds, student fees) was completed.

SOURCES OF FUNDS FOR MAJOR PHYSICAL FACILITIES
CONSTRUCTED OR ACQUIRED
1965-66 through 1999-2000

	Bloomington		IUPUI		Other Campuses		Total IU
Source	Amount	Percent	Amount	Percent	Amount	Percent	Amount	Percent


State Appropriation	$ 36,194,864	8%	$ 41,743,456	8%	$ 18,804,181	6%	$ 96,742,501	7%

Bond Authorization
Student Fees	177,462,566	38%	168,815,140	30%	277,721,825	80%	623,999,531	46%
User Fees	83,135,000	18%	123,470,000	22%	22,170,000	6%	228,775,000	17%

Federal Funds	34,945,099	8%	48,636,856	9%	3,117,178	1%	86,699,133	6%

Gifts and Other	127,041,270	28%	172,935,554	31%	23,789,636	7%	323,766,460	24%

Total	$458,778,799	100%	$555,601,006	100%	$345,602,820	100%	$1,359,982,625	100%


SOURCES: Office of the Vice President for Administration, Indiana University and Office of Planning, Indiana University-Purdue University Fort Wayne
G2601G							Dec-00


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Last updated: December, 2000
Comments: nop
Copyright 2000-2001, The Trustees of Indiana University