TITLE

University of Arizona Proposes $20M of COPs for Maintenance Costs

AUTHOR(S)
Watts, Jim
PUB. DATE
January 2005
SOURCE
Bond Buyer;1/26/2005, Vol. 351 Issue 32057, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that the University of Arizona (UA) will use up to $20 million of tuition-supported certificates of participation to finance maintenance of buildings and infrastructure at its Tucson campus. The university has deferred some maintenance and kept up with the most pressing needs by shifting funds from other sources into the maintenance budget. The university asked for $41 million for maintenance in its FY 2006 budget request. However, neither Governor Janet Napolitano's proposed budget--which contains $1.4 million to help open and operate new buildings at UA--nor a proposed budget from the Joint Legislative Budget Committee include money for UA campus maintenance.
ACCESSION #
15821316

 

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