The following details the net Commonwealth appropriations received by the University for fiscal years ending June 30, 2021 and 2020.
2021 2020
Commonwealth appropriations $ 25,895,069 $ 25,766,500
Grant and Contract Revenue
The following table details the University's grant and contract revenue for fiscal years ended June 30, 2021 and 2020.
| 2021 | 2020 | |
| Federal grants and contracts, operating | $ 22,796,016 | $ 21,403,764 |
| Federal grants and contracts, non-operating | 5,440,604 | 4,703,308 |
| State grants and contracts | 1,868,726 | 1,992,740 |
| Total grants and contracts | $ 30,105,346 | $ 28,099,812 |
The University continues to face financial challenges to maintain and upgrade its capital assets including its infrastructure, buildings, and grounds. A combination of revenue sources fund the University's investment in capital improvements. Those include appropriations provided by the Commonwealth of Kentucky. In fiscal year 2016 through fiscal year 2017, the Commonwealth funded one capital project, appropriating state bond funds toward repairing boilers and aging distribution lines. During the year-ended June 30, 2021, this project was placed in service with a total cost of $10 million. Construction in progress consists primarily of projects to renovate Hunter Hall, install a fountain at the Carl M. Hill Student Center, replace exterior stairs at the Bell Gymnasium, and signage for the pedway. The projects are projected to be completed in fiscal year 2023. The estimated costs to complete the projects is $2.26 million for Hunter Hall renovations, $83,000 for the fountain at the Carl M. Hill Student Center, $132,000 for the replacement of exterior stairs at the Bell Gymnasium, and $121,000 for the signage for the pedway. State capital appropriations for deferred maintenance were not appropriated. Federal funds are the primary source for the University's College of Agriculture and Land Grant departments.
12.