UA regents OK $119 million funding request

Posted: Wednesday, November 03, 2004

FAIRBANKS - The University of Alaska Board of Regents approved a plan to ask the state for $119 million in funding for university building and maintenance projects next year.

Board chairman Brian Rogers said the large sum is the result of the University of Alaska needing to grow while state funding has dried up. The request was approved unanimously Monday.

"We've had two years where the Legislature has not been able to put much on the capital side, and, to some extent, this represents pent-up demand," he said.

The regents also approved asking for a proposed $11.6 million increase in operating money for next year, as well as for specific money to help fund items such as retirement cost increases and the UA scholars program.

Administrators originally planned to ask for $141 million for capital projects next year but modified the request.

The proposal includes $10.5 million for code and safety improvements and $63.8 million for three major projects: the Integrated Sciences Facility in Anchorage, the Biological and Computational Sciences Facility in Fairbanks, and the Lena Point School of Fisheries facility in Juneau.

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