Lawmakers Likely to Borrow Less for Universities

By: The Associated Press
By: The Associated Press

Jackson, Miss.
The price of predictability for Mississippi's public universities is likely to be less money to spend on capital projects in the state's 2016 budget year.

The College Board Thursday approved $710 million in bonding requests, as agencies make requests of the Legislature in advance of next year's sessions.

Lawmakers are likely to borrow much less.

Next year will be the final year of a three-year plan meant to reduce uncertainty over bond amounts.

Universities would get about $68 million next year under the agreement, down from more than $95 million this year and last year.

Lawmakers borrowed $61.5 million over the last two years for a new medical school building at the University of Mississippi Medical Center. They may not borrow any money for the medical center in 2016.

The College Board approved the top 10 construction priorities of the state's universities Thursday. The total amount projected to be provided by the Legislature for each institution, as well as the top two projects for each:

Alcorn State University
Proposed bond allocation: $7.1 million.
Top projects: 1. Technology classroom building, $8
million; 2. Disability modifications, $10.9 million

Delta State University
Proposed bond allocation: None.
Top projects: 1. Zeigel Hall renovations, $6.6 million; 2.
Walter Sillers Coliseum renovation, $5.4 million.

Jackson State University
Proposed bond allocation: $8.5 million.
Top projects: 1. College of Education & Human
Development, $12.5 million; 2. Rose E. McCoy
Auditorium renovation, $2 million.

Mississippi State University
Proposed bond allocation: $13 million.
Top projects: 1. Engineering and science complex, $14
million; 2. Music department building, $11.4 million.

Mississippi State Division of Agriculture, Forestry and
Veterinary Medicine
Proposed bond allocation: $12.1 million.
Top projects: 1. Food science, nutrition and health
promotion complex, $12.1 million; 2. Blackjack forest
and wildlife research facility, $3.3 million.

Mississippi University for Women
Total for top 10 projects: $6.5 million.
Top projects: 1. Fant Memorial Library addition and
renovation, $2.5 million; 2. Keirn and Taylor halls
demolition, $2.3 million

Mississippi Valley State University
Proposed bond allocation: $6 million.
Top projects: 1. Fire sprinklers, $2 million; 2. Academic
skills redesign, $6 million.

University of Mississippi
Proposed bond allocation: $10 million.
Top projects: 1. Johnson Commons East, $7.6 million;
Somerville Hall, $5.5 million.

University of Mississippi Medical Center
Proposed bond allocation: None.
Top projects: 1. Central core support office, $9.6 million;
2. School of Health Related Professions expansion,
$14.6 million.

University of Southern Mississippi
Proposed bond allocation: $5 million.
Top projects: 1. General repair and renovation, all
campuses, $6 million; 2. Bolton Hall renovation, $3
million.

Educational Research Center (College Board
headquarters in Jackson)
Proposed bond allocation: None.
Top projects: 1. Campus electrical service replacement,
$1.7 million; 2. Replace hot/chilled mechanical water
lines, $650,000.


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