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Presentation to the Senate Finance Committee Special Higher Education Study Subcommittee February 2013 Presentation to the Senate Finance Committee Special.

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Presentation on theme: "Presentation to the Senate Finance Committee Special Higher Education Study Subcommittee February 2013 Presentation to the Senate Finance Committee Special."— Presentation transcript:

1 Presentation to the Senate Finance Committee Special Higher Education Study Subcommittee February 2013 Presentation to the Senate Finance Committee Special Higher Education Study Subcommittee February 2013 FRANCIS MARION UNIVERSITY

2 Contents I.The University A.Description and Demographics (Student Profile) B.Physical Plant Evolutionary Growth Construction, Acquisition, and Renovation II.Maintenance and Deferred Maintenance III.Approach and Process to Identifying Maintenance and Deferred Maintenance Projects A.Facilities Condition Survey and Infrastructure Maintenance Needs Report B.Practical University Approach IV.University Capital Projects and Maintenance Account A.Uses B.Means of Account Accrual 1

3 Contents V.Deferred Maintenance Funding in Appropriations A. Amount B. Sample Uses VI.Summary of Additional Funding Requested for Deferred Maintenance FY VII.Summary and Conclusion 2

4 I.The University A. Description and Demographics Student Profile Enrollment …………………………..4,093 In-State Enrollment ………………. 95% Minority Enrollment ………………. 45% Female Enrollment ………………... 67% 1 st Generation College Enrollment 37% Receiving Financial Assistance …. 87% Alumni …………………………… ,000 Alumni in SC …………………………. 79% Alumni in Pee Dee ………………….. 56% 3

5 B.Physical Plant University Founded in Acreage Number of Buildings34563 Estimated Worth$930K$53.6M$236.7M 2013 Notes: 1.Includes buildings for resident housing for 1547 students 2.Two buildings in downtown Florence, one of which is a 70,000 square foot Performing Arts Center. 4

6 B.Physical Plant, Contd Construction Since 2000 Outdoor Pool (2001) Faculty/Alumni Cottage (2003) Villas Apartments & Community Center (2004) Nursing Building (2006) The Grille (2006) Villas Apartments Phase 2 (2007) The Center for the Child (2008) Performing Arts Center (2011) Athletic Complex (2012) Acquisitions Since 2000 Pee Dee Education Center (2003) 109 acres West of Campus (2005) FMU Education Foundation Building (2007) 5

7 B.Physical Plant, Contd Renovations Since 2000 Lowrimore Auditorium (2003) Tennis Courts (2003) Chapman Auditorium (2007) Founders Hall/CEMC Interior (2007) University Center Pool (2008) Ervin Dining Hall (2011) Founders Hall Exterior (2011) University Center (2012) 6

8 Maintenance – Keeping fixed assets in acceptable condition. Includes: Preventive Maintenance (Annual and Periodic) Normal Repairs Replacement of parts and structural components. Other activities to preserve the assets. Deferred maintenance and repairs include the part of facilities maintenance activities that are: Postponed to align institutional priorities or plans Postponed to achieve maximum benefit/savings through a more comprehensive project Postponed due to lack of available funding that can be used toward such needs II.Maintenance and Deferred Maintenance 7

9 III.Approach and Process to Identifying Maintenance and Deferred Maintenance Projects A. Facilities Condition Survey and Infrastructure Maintenance Needs Report Each required by CHE every three years. Useful to the University to determine: Facility conditions: result of inspections summarized for overview of total facility conditions. Deficiency costs: summarized by components and subsystems, priority and facility. Major repairs and renovations: summarized by cost, priority and facility. Departmental Needs: Renovations or realignment of programs. Integration of facilities planning into financial planning and budgeting. 8

10 B.Practical University Approach Whether an issue becomes a deferred maintenance project depends on two criteria: Are funds available to fix the issue now Can we extend the operability of the system; for example: repair roof leaks versus replace the roof. Maintain a prioritized list of deferred maintenance projects using the Building Condition Survey and Infrastructure Maintenance Needs Report as a basis. Execute when funds become available 9

11 IV.University Capital Projects and Maintenance Account A.Uses Account used for small capital projects, renovations, unforeseen repairs, and dealing with extraordinary maintenance emergencies and most immediate deferred maintenance needs. Examples – Construction of a new Office Services Building to replace a structure built in the early 1960s. Unexpected replacement of sewer lines under Ervin Dining Hall. B.Means of Account Accrual As part of required tuition and fees, $10 per credit hour up to a maximum of $100 is set aside to fund this account per semester. Investment income. Non-recurring funds periodically appropriated by the General Assembly 10

12 V.Deferred Maintenance Funding in Appropriations A. Amount – Capital Reserve Fund Appropriations - $1.1M Lottery Funds - $.5M Total - $1.6M B. Sample Uses Library HVAC Replacement Roof Repairs Sidewalk Repair Indoor Pool Valve Replacement Parking Lot Resurfacing Fine Arts Theater Refurbishment Fine Arts Pipe Insulation Replacement Academic Building Water Heater Replacement Boiler House Valve Replacement Science Facilities Interior Renovations 11

13 VI.Summary of Additional Funding Requested for Deferred Maintenance for FY Roof Replacement: Academic Buildings $1,250, Roof Replacement: Residences Halls $475, Parking Lot Repair $260, Storm Drainage Improvement $195, Well/Pump/Irrigation Replacement $200, Asbestos Abatement Academic Bldg. $250, HVAC Replacement Academic Bldg.$125, Generator Replacement & Addl Power: Campus$ 80, Water Heater/Plumbing/Sewer Repair: 4 Bldgs.$ 88, Ductwork/Pipe Insulation/ Painting: Campus$ 32, Miscellaneous Repairs$189,500 ____________________________________________________________________________________________________________________________________ Total Requested $3,145,000 12

14 VIISummary and Conclusions Believe we are good stewards of the fiscal, capital and real assets we are fortunate to have. Rapid growth of the University has made it incumbent to implement a concentrated and efficient approach to: Manage the Physical requirements of maintaining a continually aging physical plant. Maintain the means to adequately care for the upkeep of our newest facilities. Provide an environment that is aesthetically pleasing and well suited to the teaching and education of our students. Most grateful for any appropriations the Legislature could fund to assist us in achieving our objectives. 13


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