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University System of Georgia says maintenance formula lags costs as enrollment grows
Summary
Chancellor told the Appropriations Subcommittee the system is seeing record enrollment and improved graduation rates but that the maintenance-and-operations formula underfunds campus needs; he urged data-driven formula review and continued capital vetting through the Board of Regents.
Chancellor Lisonbee Perdue told the House Appropriations Subcommittee on Higher Education that the University System of Georgia (USG) has returned to record enrollment while facing a growing gap between the statutory maintenance-and-operations (M&O) formula and actual facilities spending.
Perdue said system slides show a formula rate of $8.28 per square foot for M&O while recent institutional spending averages about $16.37 per square foot. "We're trying to keep take these older buildings and refurbish them," Perdue said, noting renovation and preventive maintenance are priorities while dorm capacity and campus living remain significant capital challenges.
Why it matters: the M&O allocation helps campuses pay for…
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