Capital Budget Record CBR-02
Branch: Executive Branch
Cabinet: Postsecondary Education
Agency: Postsecondary Education Institutions
Appropriation: Kentucky State University
Project Title: Construct New Residence Hall
KBUD Project Number: 435U18C008
Priority Capital Budget Six-Year Capital Plan
Request 2018-20
Cabinet:
Agency: 10
Location (County): Franklin
Reauthorization - Regular Capital Project: Is this a currently authorized project which is being requested for reauthorization and/or additional funding?
If (Yes, Additional Funding), provide the following information:
eMars Project Number (Agency, Fund):
New Total Project Cost: $ 54,366,000
Capital Project Type:
A new residence hall is needed to house additional students as enrollment projections increase and to provide modern housing facilities. This residence hall would be the second building located in a planned residential quadrangle on the campus south of US60 beside Young Hall. This would be the first residence hall to be built on campus with privatized financing. The new facility is anticipated to contain approximately 500 beds set up in a combination of suites and apartment layouts.
Has this project been reviewed by the Department for Facilities and Support Services?
| Fund Source | Requested FY 2017-18 | Requested FY 2018-19 | Requested FY 2019-20 | Requested Total |
|---|---|---|---|---|
| Other - Third Party Financing | 0 | 54,366,000 | 0 | 54,366,000 |
| Total Funds | 0 | 54,366,000 | 0 | 54,366,000 |
| Cost Elements | ||||
| Site Survey/Preparation | 0 | 229,000 | 0 | 229,000 |
| Project Design | 0 | 3,872,000 | 0 | 3,872,000 |
| Movable Equipment/Furniture | 0 | 1,474,000 | 0 | 1,474,000 |
| Contingency Expense | 0 | 4,808,000 | 0 | 4,808,000 |
| Construction Costs | 0 | 43,983,000 | 0 | 43,983,000 |
| Total Costs | 0 | 54,366,000 | 0 | 54,366,000 |
Completion Date: 09/2020
| IMPACT ON OPERATING BUDGET | FY1 Amount | FY2 Amount | FY3 Amount | FY4 Amount | FY5 Amount |
|---|---|---|---|---|---|
| Fund Source | |||||
| 0 | 0 | 0 | 0 | 0 | |
| Total Costs | 0 | 0 | 0 | 0 | 0 |
| Cost Element | |||||
| 0 | 0 | 0 | 0 | 0 | |
| Total Expenditures | 0 | 0 | 0 | 0 | 0 |
52