Sources of Funds for Major Physical Facilities Constructed or Acquired

SOURCES OF FUNDS FOR MAJOR PHYSICAL FACILITIES CONSTRUCTED OR ACQUIRED

From 1965-66 through 2000-01, the total cost of major physical facilities constructed or acquired on all campuses was $1,390 million. Bond issues ($624 million, 45%) 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 ($337.1 million, 24%) constitute the second most important funding source since 1965-66. Other funding sources include user fees/revenue bonds ($233.8 million, 17%), direct state appropriations ($108.9 million, 8%), and federal grants ($86.7 million, 6%).

On the Bloomington campus the following major projects were completed: Sycamore Hall Basement Renovation ($1,100,000, state appropriation); Simon Center Renovation Ph II ($2,970,000, state appropriation); Willkie Quad Building C Renovation ($4,000,000, gifts and other); Graduate School of Business Replacement and Relocation of Utilities ($1,500,000, state appropriation); Assembly Hall Exterior Renovation ($1,500,000, gifts and other); Smith Research Center Renovation ($1,500,000, state appropriation); Woodburn Hall Renovation of Rooms 100 and 101 ($1,048,000, state appropriation); Read Hall Rewire and Fire Alarm Replacement ($1,900,000, gifts and other); North Campus Parking Facility ($5,000,000, bonds, user fees); Mason Hall Mechanical and Electrical Upgrade/Windows ($1,650,000, gifts and other.)

On the IUPUI campus, the Child Care Center ($3,400,000, gifts and other), the Utility System Tunnel Install Fire Rated Doors and Walls ($1,150,000, state appropriation) and the Superblock Utilities ($1,750,000, state appropriation) were completed. At IPFW, the Central Chiller Replacement Project ($1,100,000, state appropriation) was completed. At IUN, the Childcare Facility ($900,000, gifts and other) was completed.

SOURCES OF FUNDS FOR MAJOR PHYSICAL FACILITIES CONSTRUCTED OR ACQUIRED
1965-66 through 2000-2001

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

State Appropriation	$ 44,312,864	8%	44,643,456	8%	19,904,181	6%	$ 108,860,501	8%

Bond Authorization
Student Fees	177,462,566	38%	168,815,140	30%	277,721,825	80%	623,999,531	45%
User Fees	88,135,000	18%	123,470,000	22%	22,170,000	6%	233,775,000	17%

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

Gifts and Other	136,091,270	28%	176,335,554	31%	24,689,636	7%	337,116,460	24%

Total	$480,946,799	100%	$561,901,006	100%	$347,602,820	100%	$1,390,450,625	100%

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

G2601G

07-Nov-01


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Last updated: November, 2001
Comments: nop
Copyright 2001-2002, The Trustees of Indiana University