How can the university continue to build and renovate buildings while experiencing such significant budget cuts?
Capital building and maintenance projects are funded through a separate process than the general state appropriation. After the governor and the Tennessee General Assembly approve the capital outlay and capital maintenance allocation, the State Building Commission then approves and supervises state projects in a comprehensive process that may take several years. Furthermore, capital outlay and maintenance dollars are one-time funds (nonrecurring), while the annual general state appropriation funds are recurring dollars. Many of the active building projects on campus now received full or partial funds from the state several years ago. In addition to those funded by the state, many projects are funded through private donations or auxiliary fees, meaning the designated purpose for which they are built involves user fees (i.e. the new student health clinic). No significant state funds for building and maintenance projects were appropriated to the campus last year, and this year’s economic
Related Questions
- Given our budget cuts, why are we continuing work on new buildings such as the Koch Institute, the Media Lab and the Sloan School expansion?
- How are we doing so much building on campus when we are experiencing budget cuts? Where does that money come from?
- Why did you choose to renovate buildings rather than tear them down and build anew?
