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University Capital Improvements Plan: Strategic Budgeting and Planning Overview

The University Capital Improvements Plan outlines a comprehensive strategy for the development and maintenance of four campuses across 4,100 acres and over 300 buildings since 1888. Key utility infrastructures, such as the Kingston Campus water and electrical systems, are co-managed with regional partners. The plan details funding sources including bonds, grants, and private funds. Over $831 million has been invested from 1991 to 2011 in new construction, renovation, and infrastructure improvements. The plan is subject to state-level review and is crucial for enhancing the university’s sustainability and brand.

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University Capital Improvements Plan: Strategic Budgeting and Planning Overview

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  1. Strategic Budget & Planning Council Capital Improvements Plan December 12, 2011

  2. Four Campuses on 4,100 acres of land • Over 300 buildings totaling 4.5M square feet constructed since 1888 • Self-Maintained Utility Infrastructure: • Kingston Campus water system served by wells & 1M gallon storage tank • Kingston Campus high voltage electrical system • Kingston Campus steam plant and steam distribution system • Co-owner of the Regional Wastewater System (with South Kingstown and Narragansett) with responsibility for waste water collection systems on the Kingston and Bay Campuses • Extensive roadway, parking, and walkway infrastructure & landscaped grounds

  3. CIP Funding Sources • General Obligation Bonds (State of Rhode Island) • Rhode Island Capital Plan (RICAP) Funds (State of Rhode Island) • Rhode Island Health and Educational Building Corporation (RIHEBC) Bonds • Private Funds • Grants (Government & Private) • Certificates of Participation (COP) • University Funds • Rhode Island Economic Development Corporation (RIEDC)

  4. Capital Investments & Funding Sources 1991 - 2011 Over $831M invested in New Construction, Renovation and Infrastructure over the last 20 years (exclusive of Asset Protection expenditures) supported by a spectrum of funding sources * Including Auxiliary/Enterprise funds

  5. Capital Investments & Funding Sources 1991 - 2011

  6. Capital Investments & Funding Sources 1991 - 2011

  7. Historic Development of University (square footage)

  8. State-Level Review and Approval Process for the University’s CIP - FY 2013-2017 • The University’s annually-updated Capital Improvement Program forwarded to State Budget Office through the Office of Higher Education – July 2011 • Review and Approval by the Board of Governors – August 2011 • State Capital Advisory Committee hearing leading to the formulation of recommendations to the Governor – September 2011 • Capital Improvement Program reflected in the Governor’s State Budget submitted to the Legislature – February 2012 • Board of Governors, Governor and Legislative approvals required for non state bond financing or capital leases for University projects – June 2012 • State Budget and Capital Improvement Program approved by the Legislature and the Governor - June 2012

  9. CIP Evaluation Criteria & Utility Cost Analysis • Program Enhancement • Sustainability • URI Brand Enhancement & Business Plan • RI Economic Development

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