Washburn University Board of Regents
SUBJECT: Capital Projects from the Debt Retirement and Construction Fund
DESCRIPTION:
Each year in May, the Board approves the lists of proposed capital maintenance, other equipment, and electronic technology equipment from the Debt Retirement and Construction (DR&C) Fund. This year's lists are attached and will be funded from current year (FY05) DR&C Fund revenues.
FINANCIAL IMPLICATIONS:
A five-year history of the DR&C fund and the projected financial results for the DR&C Fund showing the proposed expenditures for FY06 funded by revenues from FY05 is attached.
RECOMMENDATION:
President Farley recommends approval of the projects and equipment for FY 2006 funded by the FY 2005 DR&C fund revenues as detailed in the attachments.
________________________ __________________________
Date Jerry B. Farley, President