State allocates $11.54 million to YSU for development
J. Breen Mitchell & Sarah Sole, The Jambar
Issue date: 6/5/08 Section: News
Campus renovations will connect Youngstown State University to downtown, as well as improve existing sites on campus.
The state has allocated $11.54 million to YSU, which the university plans to spend on renovations, building system upgrades, campus development, instructional space upgrades and the new building for The Williamson College of Business Administration.
The business college facility is one step closer to completion with the help of a $5.1 million grant from the state.
Neal McNally, director of budget planning and resource analysis, said the money was the amount that Youngstown State University requested, and that it was part of the original business college budget of $34.3 million.
McNally said the money would be used to support the overall construction of the new building, not any one particular area.
"State appropriations need not be earmarked for specific aspects of a particular project," McNally said.
"All the funds will be used for the project in some way," said Rich White, associate director of Planning and Construction, and project manager for the new building.
White said that some of the money would cover architect's fees and the rest go toward construction. YSU hired The Perkins and Will and Strollo architecture firms to design the new building.
Betty Jo Licata, dean of the college, said that the plan was for $16 million of the budget to be raised through private donations as part of YSU's Centennial Campaign, and the rest through state appropriations.
Private donations are "north of $12 million," said Paul McFadden, chief development officer, including the recent $500,000 donation from the Pollock Foundation.
So far, including the $5.1 million, the state has provided $11.3 million, and is expected to contribute another $5.1 million in the next fiscal year.
According to the University budget, the new facility is designed to "establish a strong physical and symbolic link between the University core campus and downtown Youngstown by locating the building on a prominent site betweenRayen Avenue and Wood Street."
The state has allocated $11.54 million to YSU, which the university plans to spend on renovations, building system upgrades, campus development, instructional space upgrades and the new building for The Williamson College of Business Administration.
The business college facility is one step closer to completion with the help of a $5.1 million grant from the state.
Neal McNally, director of budget planning and resource analysis, said the money was the amount that Youngstown State University requested, and that it was part of the original business college budget of $34.3 million.
McNally said the money would be used to support the overall construction of the new building, not any one particular area.
"State appropriations need not be earmarked for specific aspects of a particular project," McNally said.
"All the funds will be used for the project in some way," said Rich White, associate director of Planning and Construction, and project manager for the new building.
White said that some of the money would cover architect's fees and the rest go toward construction. YSU hired The Perkins and Will and Strollo architecture firms to design the new building.
Betty Jo Licata, dean of the college, said that the plan was for $16 million of the budget to be raised through private donations as part of YSU's Centennial Campaign, and the rest through state appropriations.
Private donations are "north of $12 million," said Paul McFadden, chief development officer, including the recent $500,000 donation from the Pollock Foundation.
So far, including the $5.1 million, the state has provided $11.3 million, and is expected to contribute another $5.1 million in the next fiscal year.
According to the University budget, the new facility is designed to "establish a strong physical and symbolic link between the University core campus and downtown Youngstown by locating the building on a prominent site betweenRayen Avenue and Wood Street."
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