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Creating Big Ideas: Long-Term Capital Planning – A New Era

Creating Big Ideas: Long-Term Capital Planning – A New Era. Brian Yolitz Associate Vice Chancellor for Facilities 651-201-1777 - brian.yolitz@so.msncu.edu. Purpose . Stir your thinking on Big Ideas from the built environment perspective…. Outline. Who we are, where we’ve been

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Creating Big Ideas: Long-Term Capital Planning – A New Era

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  1. Creating Big Ideas:Long-Term Capital Planning – A New Era Brian Yolitz Associate Vice Chancellor for Facilities 651-201-1777 - brian.yolitz@so.msncu.edu

  2. Purpose Stir your thinking on Big Ideas from the built environment perspective…

  3. Outline • Who we are, where we’ve been • Environment today…and into the future • Seeds for Big Ideas

  4. System Overview • 31 Institutions: • 7 Universities • 4 Community Colleges • 4 Technical Colleges • 16 Combined Community and Technical Colleges • 54 campuses • 47 communities • 433,600 students in credit and non-credit course • 858 buildings • 26.8 million square feet of facility space • 7,023 acres

  5. Minnesota Public Higher Education Enrollment Trends • Overall 12% growth in last 5 years • State universities up 7.7% • 2-year institutions up 19.7% Fall Headcount

  6. System Snap Shot • 26.8 million square feet of facility space • 21.7 million square feet - academic programs • 5.1 million square feet - revenue fund activities • Majority built in late 1960’s and 1970’s • Average age on square footage basis - 40 years • Leased Spaces • Tenant: 1.464 million square feet - 172 leases • Landlord: 260,448 square feet - 137 leases • Owned space grown 12% in last 10 years • System Full-Time-Equivalent growth: 37%

  7. Wide Range in Campus Size • 5 campuses over 1 million square feet • 7 campuses 500,000 - 1 million square feet • 17 campuses 250,000 - 500,000 square feet • 16 campuses 100,000 - 250,000 square feet • 9 campuses less than 100,000 square feet

  8. Condition • Current Replacement Value: $6.9 billion • Growth by $1 billion in last 5 years • Inflation, new construction, and acquisitions • Facility Condition Index: 0.11 • Slight improvement • Maintenance Backlog: $750 million • Five-Year Renewal: $461 million

  9. Request Versus Funding • Capital funding history: • For FYs 1998/99 – 2010/2011: • Total capital funding requested: $2.0B • Total capital funding received: $1.4B • 70% of requested amount over the period • Account for approximately 21% of state bonding bill

  10. The Environment • Demography • Technology • Leadership • State and Federal Appropriations

  11. The Seeds… • What do we need…how do we know? • How do we take care of what we need? • How do we make it better…more effective, more efficient, more flexible, better utilization…at what cost? • How do operating polices and norms impact the built environment? • What is the role of physical space in “access”? • Where are partnership and collaboration opportunities?

  12. The Seeds… • What is the potential from integrating IT and facilities planning and operations? • How do we integrate the demographic shifts in our planning…academic, administration, operations? • How can we be more sustainable…environmentally and financially? • How do we ensure a safe and secure environment? • How do respond effectively should that fail?

  13. Discussion

  14. Board Approved FY2012 Request • Special Board Meeting August 4 • Incorporate FY2011 action into original approved request from June 2011 • Approved $277.7 million FY2012 Capital Bonding Request • $110 million for HEAPR • $167.7 million for 25 projects and initiatives • Includes: • #3 - Ridgewater College, Willmar - technical instruction lab renovation

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