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CT State Colleges and Universities warns of $332 million authorized but unallocated and $332M+ deferred needs

Finance, Revenue and Bonding · March 26, 2024
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Summary

CSCU leadership told the subcommittee the unified CT State system has more than $332 million in authorized but unallocated bonding and a major deferred-maintenance backlog, and prioritized health-and-safety projects and targeted STEM investments while asking for clearer allocation schedules.

The chancellor of Connecticut's public college system told the Bonding Subcommittee that the newly unified CT State system faces a substantial capital backlog and a large pool of authorized but unallocated funds that have not been put to construction.

Chancellor Terrence Chang said the system currently shows roughly $332 million in authorized-but-unallocated balances and stressed that many of the pending projects are major facility improvements or code-compliance needs that have been delayed for years. He urged the committee to prioritize health-and-safety work and long-stalled major renovations rather than deferring repairs that end up being funded twice through temporary fixes.

CSCU and campus staff walked members through a set of nine midterm adjustment requests that would reauthorize or augment previously underfunded design or construction authorizations. Staff also described how deferred maintenance is being used as a stopgap: temporary roofing or boiler fixes sometimes get paid from operating funds or deferred-maintenance funds until full construction dollars can be allocated.

Committee members sought clarification on manufacturing and workforce-related projects (Asnuntuck, Gateway, Grasso), the status of the consolidated community college launch and curriculum unification, and what projects should be prioritized for immediate construction funds. CSCU said it will provide more detailed breakouts of existing authorizations consolidated with any new requests.

Next steps: CSCU agreed to provide the committee with a consolidated list showing existing authorizations, the governor's recommended changes, and any projects they propose to roll into a revised multi-year plan.