September 13-14 - Nebraska State College System

7.7.-1
Fiscal and Facilities Committee
Larry Teahon, Chair
Cap Peterson
Jennifer Myers
September 13-14, 2007
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Contingency Maintenance Progress Reports
Priority: Financial Strength of the System
Goal: 3. Strengthen fiscal, environmental, technological and physical resources
Strategy: j. Maintain facilities and improve physical environment
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Each year the colleges submit proposals to expend funds from their revenue bond surplus fund
to make needed facilities repairs, install fire and life safety measures, correct code deficiencies
and replace furnishings and equipment in the dormitories and student union facilities. The
working calendar requires the provision of semi-annual progress reports on those projects to the
Board of Trustees. Copies of the reports prepared by each of the institutions are found on the
following pages.
The colleges are strongly encouraged to complete the projects within two years after the Board
authorizes them. This guideline assists in the long-range planning of projects and puts
"earmarked" fund balances back into the Surplus Funds to be used for other projects.