January 09, 2019 06:47 PM
Outgoing University of Minnesota President Eric Kaler Wednesday outlined the university's biennial budget and capital requests to the state for fiscal years 2020 and '21.
According to a release, the bulk of the university's capital request for the 2019 state legislative session is made up of $200 million in Higher Education Asset Preservation and Replacement funds - dollars the release said would preserve and maintain "existing laboratories, research centers, classrooms and outreach spaces across Minnesota."
“Our capital request is about renovating and restoring our 29 million square feet of space across our system,” read a statement from Kaler in the release.
“Our facilities - originally built with state funding - are in dire need of repair. The preservation of these existing buildings through HEAPR investment is not only our most affordable option, it is also imperative in order to continue serving Minnesotans for generations to come.”
The university is also seeking $28 million for the Child Development building replacement on the Twin Cities campus and $4.3 million to renovate A.B. Anderson Hall at Minnesota-Duluth.
According to the release, the university's biennial budget request totals $30 million in fiscal year 2020 and $27 million in fiscal year 2021 "for the University's core mission activities."
The request would represent a 6.7 increase in base funding biennium to biennium.
"Our biennial budget request and our capital request reflect our highest priority needs," read another statement from Kaler.
"Without state support in our operations and our infrastructure, we simply cannot maintain our current levels of excellence in teaching, research and outreach. Throughout the 2019 legislative session, the University community will be working hard to bring this message to our state's lawmakers."
Kaler, who has served as president since 2011, announced last year that he would leave his role in July. Joan Gabel, the executive vice president for academic affairs and provost at the University of South Carolina since 2015, has been picked to take his place.
She will be the university's first female president.
Updated: January 09, 2019 06:47 PM
Created: January 09, 2019 03:03 PM
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