Contact: Di Saunders, Cell: 971-219-6869; Office: 503-725-5714 

PORTLAND, January 9, 2013 – The State Board of Higher Education’s (the “Board”) Finance and Administration Committee voted today to approve a list of proposed Oregon University System (OUS) capital projects that were re-prioritized to align more closely with the Governor’s educational attainment goals for the state. Originally approved last summer, the OUS projects were presented to the Governor as part of the proposed 2013-2015 capital budget. After the Governor’s Balanced Budget was released, the Governor requested in early December that projects be reviewed again and re-prioritized based on how each building/facility contributes to the state’s 40-40-20 goals and student success outcomes needed to meet statewide educational attainment goals.

The revised priority list approved by the Board includes 19 projects across 8 campuses and 2 system-wide deferred maintenance projects, for a total request of $460.7 million, out of which $309.5 million is state bond funding and $151.2 million is campus funding met primarily through donor funds and revenue bonds, the latter of which are repaid with revenues generated from the facility. Community Colleges and Workforce Development (CCWD) has a capital request of $244.4 million, of which $105.7 is state backed bonds. The Governor’s 2013-2015 Balanced Budget (GBB) includes a total of $244 million for capital projects for all post-secondary education, both the OUS and community colleges. A committee of the Oregon Education Investment Board will be reviewing the total post-secondary request at its meeting later this month, and providing their priorities from these two requests, which will be included in the GBB.

For additional background and detail on the capital request, please go to: /files/state_board/meeting/dockets/ddoc130109-FA.pdf

The Oregon University System comprises seven distinguished public universities and one branch campus, reaching more than one million people each year through on-campus classes, statewide public services and lifelong learning. The Oregon State Board of Higher Education, the statutory governing board of OUS, is composed of fifteen members appointed by the Governor and confirmed by the Oregon State Senate. For additional information, go to www.ous.edu.