Capital Budget Discussion with USM
Board of Regents
May 16, 2002
President Janet Dudley-Eshbach
Overview And Discussion Notes
Salisbury University is uniquely positioned to accommodate additional
enrollments while increasing its selectivity. SU is growing dramatically in
enrollment, yet each year must accept a smaller percentage of those who
apply because of limited classroom space.
SAT scores for the fall ’02 incoming freshman class are up 12 points as
compared to the fall ’01 incoming class.
As a public university, SU faces a major dilemma. We want to provide access for
well-qualified students, yet cannot do so without new facilities. Given our enrollment projections, the most urgent need is for
the new Teacher Education and Technology Complex to remain on track. Additional capital projects will be
needed and, if we are to meet the enrollment demand, may need to be
Capital Projects State Support (Capital Improvement
Henson Science Hall On schedule, within budget, set to open for fall ’02
- Teacher Education & Technology Complex Preliminary
planning funds are included in both the Regent’s budget as well as the
Governor’s budget for ’04.
Current enrollment levels more than justify the project.
- New library
- Allenwood Shopping Center acquisition
- New facility for School of Business and community
Auxiliary Support (System Funded Construction Program)
- Residence Hall renovations This project has not been
included in the USM recommendation, and we need for it to be! The University currently has
dormitory debt that will retire over the next 3 years, and which can then be
used to support the new debt service associated with the project. If the University is unable to
secure funding for our dormitory project via auxiliary revenue bonds this
coming year, we will need approval from the BOR to seek alternative
financing from the private sector.
- Athletic Field House
- Parking Garage
Capital Budget Testimony Charts
files): # 1-3