2013-14 Operating & Capital Budget Plan - Cornell University ...

QProjected Maintenance Funding - Ithaca CampusMaintenance Inventory(dollars in millions)ENDOWED ITHACAActual11-12Forecast12-131. Beginning Inventory $182.3 $232.0 $256.8 $278.2 $306.9 $311.0 $340.02. Maintenance Projects 64.3 38.0 45.5 46.8 48.5 49.7 52.03. Operational Funding (13.2) (11.5) (15.3) (15.5) (15.9) (16.7) (17.9)4. Capital Funding (1.4) (1.7) (8.7) (2.7) (28.5) (4.0) (7.1)5. Year-End Inventory $232.0 $256.8 $278.2 $306.9 $311.0 $340.0 $367.0Plan13-14Proj.14-15Proj.15-16Proj.16-17Proj.17-18RESIDENCE FACILITIES6. Beginning Inventory $95.5 $115.9 * $122.3 $129.7 $136.4 $143.2 $150.97. Maintenance Projects 13.5 15.9 16.7 17.2 17.8 18.1 19.08. Operational Funding (4.2) (6.2) (6.3) (6.5) (6.6) (6.7) (6.9)9. Capital Funding (2.8) (3.3) (3.0) (4.1) (4.4) (3.7) (3.1)10. Year-End Inventory $102.1 $122.3 $129.7 $136.4 $143.2 $150.9 $159.9CONTRACT COLLEGES11. Beginning Inventory $440.4 $426.0 $400.6 $375.2 $392.7 $361.9 $332.112. Maintenance Projects 21.3 22.5 23.9 23.9 23.9 25.0 25.013. Operational Funding (5.5) (5.2) (6.3) (6.4) (6.5) (6.6) (6.7)14. Capital Funding (30.2) (42.8) (42.9) 0.0 ƚ (48.2) (48.2) (48.2)15. Year-End Inventory $426.0 $400.6 $375.2 $392.7 $361.9 $332.1 $302.1AppendicesITHACA CAMPUS TOTAL16. Beginning Inventory $718.2 $773.9 $779.7 $783.1 $836.0 $816.1 $823.017. Maintenance Projects 99.1 76.4 86.1 87.9 90.2 92.8 96.018. Operational Funding (22.9) (22.9) (27.9) (28.3) (29.0) (30.1) (31.6)19. Capital Funding (34.4) (47.8) (54.7) (6.8) (81.1) (55.9) (58.4)20. Year-End Inventory $760.1 $779.7 $783.2 $836.0 $816.1 $823.0 $829.073Notes:● This table provides a projection of building maintenance activity, the funding of maintenance costs from operating and capital plans, and theinventory of unfunded maintenance for the Ithaca campus through 2017-18. Excluded are utilities, parking, and information technology projects.The projected year-end inventory of unfunded maintenance is for planning purposes only, and illustrates the potential need for maintenanceresources beyond those already identified in operating and capital plans.● There are three categories of building maintenance: routine, preventive, and planned. Maintenance needs and projects are identified annually.Most routine and preventive activities are funded and completed. Some planned maintenance is deferred due to timing issues or lack of funding.● The lines labeled maintenance projects include routine and preventive activities and additions to the planned maintenance inventory.● Operational funding is that portion of total maintenance funding that is expended on routine and preventive activities and planned maintenance,and includes the use of operating reserves. It excludes certain administrative costs and debt.● Capital funding is from projects in the capital plan, not all of which have been approved or funded. The impact of capital funding is shown in theyear that the project is expected to be completed.* Deferred maintenance for University-owned Fraternities and Sororities houses added beginning in 2012-13.ƚ SUNY Critical Maintenance funding is not planned for FY 2015.Source: Endowed Ithaca from the Facilities Physical Needs Management System (FPNMS), April 2013.