Finance and Facilities
Finance and Facilities reviews and approves all state university system facilities financed by state dollars or debt (bonds or certificates of participation). Facilities constructed using state dollars require review of the universities Five Year Capital Improvement Plan and creation of a recommended prioritized funding request. The Office reviews all debt-financed projects financed by debt and prepare the bond resolutions for Board's approval.
Additionally, the Office coordinates all Educational Plant Surveys, facilitates concurrency payment requests as they relate to the Master Plan Campus Development Agreement requirements, administers the Alec P. Courtelis Facilities Enhancement Challenge Grant Program and the Capital Improvement Fee Trust Fund and maintains an historical record of all university funding requests for Fixed Capital Outlay.
Debt Approval Information and Procedures
The Board of Governors approve all debt incurred by the universities or their Direct Support Organizations (DSO's). In order to ensure that the state universities and their DSO's engage in sound debt management practices and that the purpose is consistent with the university mission, the Board of Governors requires all universities to adopt debt management policies consistent with their guidelines.
- BOG Meeting Dates and Debt Due Dates
- Section 1010.62 Florida Statutes
- Debt Management Guidelines
- Debt Management Checklist
- Model Resolutions (BOT and DSO)
- Sources & Uses template
- Historical and Projected Revenues Template
- Competitive v. Negotiated Sale Analysis (Variable & Fixed)
- Report of Award Template
Information on required university submission of Fixed Capital Outlay Legislative Budget Requests – DUE August 1st!
The Educational Plant Survey process is required by Florida Statutes of all public educational entities. For the State University System it is a requirement that at a minimum of every five (5) years, that each university reports on the use of its existing facilities and project out five (5) years its future facility needs. This projection must be based on an examination of data on its existing facilities and a projection of future needs based on anticipated university growth.
|Staff Member||Contact Details|
Assistant Vice Chancellor, Finance and Facilities
Rm: 1652 E
Director, Shared Initiatives
Capital Programs and Finance Specialist
Senior Project Architect
Rm: 1652 D