December 12, 2011

December 12, 2011

Strategic Budget & Planning CouncilCapital Improvements Plan

• 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

CIP Funding Sources

1. General Obligation Bonds (State of Rhode Island)

2. Rhode Island Capital Plan (RICAP) Funds (State of Rhode Island)

3. Rhode Island Health and Educational Building Corporation (RIHEBC) Bonds

4. Private Funds

5. Grants (Government & Private)

6. Certificates of Participation (COP)

7. University Funds

8. Rhode Island Economic Development Corporation (RIEDC)

General Obligation

Bonds; 37.8%

RI Capital Funds; 8.2%

RIEDC Bonds; 5.3%Certificates of Participation; 3.0%

Private Gifts; 5.8%

Federal Grants; 3.5%

RIHEBC Bonds - Auxiliary / Enterprises;

21.6%

RIHEBC Bonds - General

Fund; 10.1%University Sources*; 4.7%

Capital Investments & Funding Sources 1991 - 2011Over $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

State Funds; 52.2%

Grants/Pri-vate Funds;

9.4%

E & G Funds; 12.9%

Auxiliary/Enterprise

Funds; 25.5%

Capital Investments & Funding Sources 1991 - 2011

Capital Investments & Funding Sources 1991 - 2011

New Con-struction;

60.6%

Renovation; 25.6%

Infrastructure; 13.8%

Historic Development of University (square footage)

1888 1895 1902 1909 1916 1923 1930 1937 1944 1951 1958 1965 1972 1979 1986 1993 2000 20070

500000

1000000

1500000

2000000

2500000

3000000

3500000

4000000

4500000

5000000

New Construction

Renovation

• 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

State-Level Review and Approval Process for the University’s CIP - FY 2013-2017

CIP Evaluation Criteria & Utility Cost Analysis

• Program Enhancement

• Sustainability

• URI Brand Enhancement & Business Plan

• RI Economic Development

URI Capital Improvements Plan FY 2013 - FY 2017Priority Project Budget Funding Source Start Complete

FY 12 On-Going & New Projects $451,457,715

1 Center for Biotechnology & Life Sciences $59,724,027 GO Bond 2004 / RICAP 4/1/2010 5/30/2012

2 College of Pharmacy Building $75,200,000 GO Bond 2006 / Private 6/27/2007 12/30/2011

3 Fire Safety & Protection Auxiliary Enterprises $18,205,000 RIHEBC 7/1/2008 6/30/2012

4 Fire Safety & Protection Academic & Administrative $26,802,583 ARRA / RICAP 1/1/2010 11/11/2013

5 Energy Conservation/Performance Contracting - Phase 1 $18,100,000 COP 7/1/2007 5/18/2010

6 Energy Conservation/Performance Contracting - Phase 2 $12,600,000 COP 7/1/2009 6/3/2011

7 Ranger Hall Renovation Phase 1 (Infrastructure + A/E) $4,666,438 GO Bond 1996 / Private 6/27/2007 12/30/2012

8 New Chemistry Building $65,800,000 GO Bond 2010 / RICAP 7/1/2010 7/30/2013

9 Nursing Education Center $65,200,000 * GO Bond 2012 / RICAP 9/1/2010 6/30/2015

10 North District Infrastructure and Program Support $10,315,000 RIHEBC 7/1/2008 6/30/2012

11 Tyler Hall Renovation $4,040,064 RIHEBC 6/27/2007 6/30/2012

12 College of Engineering - Advanced Planning $300,000 Fund 110 7/1/2011 6/30/2012

13 Roger Williams Wellness & Fitness Center $11,000,000 Private / Auxiliary 4/1/2009 11/2/2012

14 Hillside Residence Hall $45,807,706 HRL / RIHEBC 4/1/2009 8/30/2012

15 Student Athletic Development Center $3,300,000 Private / Fund Balance 1/1/2010 8/30/2012

16 Repaving - Road Construction $13,725,000 RIHEBC 7/1/2009 12/30/2011

17 Rodos Hellenic Center $4,226,423 Private 7/1/2009 9/30/2011

18 Behavioral Change Lab $2,845,473 Grant 7/1/2010 6/30/2012

19 Fine Arts Advanced Planning $400,000 RICAP 7/1/2011 6/30/2012

20 GLBT Center $1,500,000 Fund Balance 7/1/2011 8/30/2013

21 Butterfield Dining Expansion $7,600,000 Auxiliary Fund Balance 7/1/2011 6/30/2013

22 Roger Williams Complex - Advanced Planning $100,000 Auxiliary 7/1/2011 6/30/2012

Currently Fully Funded

Partially Funded *

Requires Supplemental URI Funding in Previous FY for Advanced A&E +

Critical Projects

New CIP Projects

URI Capital Improvements Plan FY 2013 - FY 2017Priority Project Budget Funding Source Start Complete

FY13 Priorities $127,900,000 Total RICAP = $9,400,000.00 23 Classroom & Instructional Lab Improvements $4,500,000 + RICAP 7/1/2012 6/30/201524 Woodward Hall - Nutrition & Food Sci. Renovation $1,000,000 + RICAP 7/1/2012 11/30/201225 Fogarty , Morrill & Pastore - Advanced Planning $200,000 RICAP 7/1/2012 6/30/201326 GSO Campus Building Renovations - Advanced Planning $300,000 Fund 110 7/1/2012 6/30/201327 Historic Quad Buildings Renovations $67,100,000 GO Bond 2012 2/1/2013 11/30/201728 Biological Resources Lab $16,900,000 RIHEBC / Grant 7/1/2012 11/22/201529 Public Safety Building $3,700,000 RICAP 7/1/2012 6/30/201430 Facilities Services Sector Upgrade Incl. L&G Building $8,300,000 * RIHEBC 7/1/2011 6/30/201431 Utilities Infrastructure - Phase 1 $10,000,000 RIHEBC 7/1/2012 6/30/201432 Kingston Campus Parking Garage $15,900,000 RIHEBC / Parking Funds 7/1/2012 6/30/2014 FY14 Priorities $36,600,000 Total RICAP = $36,600,000.00

33 Morrill Hall Renovation $18,200,000 RICAP 7/1/2013 12/30/201534 Fogarty Hall Renovation - Office Use $15,500,000 RICAP 7/1/2013 12/30/201535 Quinn Hall Exterior Renovations - Phase 2 $2,900,000 RICAP 7/1/2013 6/30/2014 FY15 Priorities $167,500,000 Total RICAP = $0.00

36 Fine Arts Center Renovation & Addition $65,000,000 GO Bond 2014 2/1/2015 8/30/201737 Engineering - Building Renovations $102,500,000 GO Bond 2014 2/1/2015 7/30/2018 FY16 Priorities $68,800,000 Total RICAP = $56,781,228.57

38 Admissions - New Building $13,100,000 RICAP 7/1/2015 6/30/201739 Quinn Hall Interior Renovation $22,500,000 RICAP 7/1/2015 8/30/201740 Horn Laboratory Renovation $23,200,000 + RICAP / Fund 110 7/1/2015 8/31/201741 Utilities Infrastructure - Phase 2 $10,000,000 RIHEBC 7/1/2015 6/30/2018 FY17 Priorities $28,100,000 Total RICAP = $28,100,000.00

42 Davis Hall Renovations $9,000,000 RICAP 12/1/2016 11/30/201843 Edwards Hall Interior Renovation $3,600,000 RICAP 7/1/2016 6/30/201844 Bio-Behavioral Center $5,700,000 RICAP 7/1/2016 6/30/201845 Child and Family Science Center $9,800,000 RICAP 7/1/2016 6/30/2018

Currently Fully Funded

Partially Funded *

Requires Supplemental URI Funding in Previous FY for Advanced A&E +

Critical Projects

New CIP Projects