ERIC Number: EJ962502
Record Type: Journal
Publication Date: 2011
Pages: 8
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-1067-1803
EISSN: N/A
Available Date: N/A
Paying for It
Ullman, Ellen
Community College Journal, v82 n2 p24-31 Oct-Nov 2011
Construction on community college campuses is often paid for out of general capital or operations budgets or by way of taxpayer-approved bonds. But, as state and local money becomes increasingly scarce, many colleges, while still pursuing traditional funding sources, are also considering alternative strategies to support facilities upgrades on campus. As state funding dried up for the Building 4 project at Valencia College in Orlando, Florida, the administrators reached out to their neighbors at the University of Central Florida (UCF) to discuss co-ownership. Florida Keys Community College (FKCC) decided to build an on-campus student housing three years ago which was approved by the state legislature in 2008, but with limitations. Committed to moving forward, administrators established two direct support organizations (DSOs) to fund the project through the use of gifts and grants. Metropolitan Community College (MCC) did a total renovation of an existing building rather than construct a new building.
Descriptors: Campuses, Community Colleges, Educational Finance, College Housing, Budgeting, Financial Support, Institutional Cooperation, Shared Resources and Services, Educational Facilities Improvement
American Association of Community Colleges. One Dupont Circle NW Suite 410, Washington, DC 20036. Tel: 202-728-0200; Fax: 202-833-2467; Web site: http://www.aacc.nche.edu/bookstore
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Florida
Grant or Contract Numbers: N/A
Author Affiliations: N/A