Regents to issue $7.7M in stimulus funds for deferred maintenance - Wichita Business Journal:

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The money is part of $7.7 milliob in higher education federal stimulus funding made availablde through the for fiscakyear 2009. However, the total addressese about 1 percent ofthe $825 million backlob the regents’ universities face in deferrecd maintenance projects. • — $466,033 for a fume hood and ventilatiom replacement in itsscience hall. — $584,856 for roof repairs and replacement. — $2,307,016 for campus utility and PowefPlant improvements. • — $569,425 for heating ventilation and air conditioning replacementzs and electrical and firecode improvements.
The — $2,073,228 for campus fire code improvements, roof repaidr and replacement, electrical service improvements American’s with Disabilitiesw Act improvements andinfrastructure improvements. • The — $868,02 4 for infrastructure improvements, campux elevator repairs, and roof repair and replacement. The boardd will distribute additional fundsto , the 19 community collegeds and six technical colleges it governs during its June A recent study by the found that every $1 milliomn spent on university deferred maintenance projects generated an economic impact of $2.
2 million in increased economid output of goods and services, $644,500 in increasedx state earnings and creates 19 new Kansas In 2007, Kansas lawmakers approved a five-yead maintenance funding plan, which was to providre $90 million in direct state funds and approximately $44 million in retained interest earningd to the six state In addition, the legislation provided state-funded tax creditsa intended to generate up to $158 millionn in private contributions to the state universities, Washburnb University, and the community and technicalk colleges. If fully funded, the five-year plan woulds have addressed about 31 percent ofthe $825 millio n maintenance backlog.
But fundingf has been scarce since. This the Legislature reduced the state appropriationjby $1.3 million and additional reductions are necessary to offset reducef interest earnings. Since the five-year plan was 91 projects havebeen approved. Of that, 37 have been startede and 10 of which havebeen completed. The regentsa in January issued an updated reporrt that showed the maintenance backlog had balloone dto $825 million. The backlog on each campuxs isas follows: • K-Statew — $290.6 million. • KU — $226 • — $90.5 million. • Pitt Stat e — $67 million. • Fort Hays — $51 • Emporia State — $50.6 million. • WSU $49.
3 million.