How will planning for capital projects be affected?
All internally funded capital projects are being delayed with the exception of those that meet commitments for faculty hires, critical equipment repair and replacement, and safety. We do expect that the Newcomb Hall renovation and restoration project will be able to go forward with external funding support. In addition, the W&L Hillel House will move forward in 2009-10 if we receive the final private gifts to match the project cost. The annual capital budget (the portion underwritten by University operations) will be trimmed by 25% in 2009-10.
