Sources of Funds for Major Physical Facilities Constructed or Acquired

From 1965-66 through 1996-97, the total cost of major physical facilities constructed or acquired on all campuses was $1.127.2 million. Bond issues ($509.7 million, 45%) provide the largest single source of funds for which income from student fees is dedicated to cover the debt service costs.
Facilities financed from gifts ($253.5 million, 24%) constitute the second most important funding source since 1965-66. Other funding sources include user fees/revenue bonds ($180.3 million, 16%), direct state appropriations ($87.7 million, 8%), and federal grants ($76 million, 7%).
On the Bloomington Campus the following major renovation projects were completed: Foster Quadrangle-Gresham Dining Room Renovation (gifts and other: $1,550,000); Fine Arts Building-Classroom & HVAC Renovation (state appropriations: $1,7000,000); Renovation of the Former Information Services Center for Alumni Association (gifts and other: $5,100,000); Billy Hayes Track Renovation (gifts and other: $1,800,000); and various infrastructure projects (state appropriations:$5,000,000). At IUPUI the construction of the Environmental Management Facility (gifts and other: $1,700,000) and the construction of the Cancer Care Facility (federal funds: $10,000,000 gifts and other, $5,000,000) were completed. Ronovation of the University Hospital Radiology Department (gifts and other, $1,250,000) was also completed.

SOURCES OF FUNDS FOR MAJOR PHYSICAL FACILITIES CONSTRUCTED OR ACQUIRED 1965-66 through 1996-97

	Bloomington		Indianapolis		Other Campuses		Total IU
Source	Amount	%	Amount	%	Amount	%	Amount	%
State Appropriation	$ 31,369,864	9%	$ 39,263,456	8%	$ 17,081,281	7%	$ 87,714,601	8%

Bond Authorization
Student Fees	167,962,566	44%	131,815,140	27%	209,921,825	80%	509,699,531	45%
User Fees	46,535,000	12%	123,470,000	25%	10,270,000	4%	180,275,000	16%

Federal Funds	34,945,099	9%	37,923,856	8%	3,117,178	1%	75,986,133	7%

Gifts and Other	98,972,270	26%	154,348,554	32%	20,189,636	8%	273,510,460	24%
Total	$ 379,784,799	100%	$ 486,821,006	100%	$ 260,579,920	100%	$ 1,127,185,725	100%

SOURCES: Office of the Vice President for Administration, Indiana University and Office of Planning, Indiana University-Purdue University Fort Wayne
G2601F


_{Auxiliary Enterprise Services}	_Index	_{Operating Budget}

Last Updated: July 1998
URL: http://factbook.indiana.edu/fbook97/facfnd97.html
Comments: nop