Who's paying for
the construction?

The President's Office has compiled a list of the most frequently asked questions and answers about the University, including the following. Future newsletters will carry others.

Question: The University has spent more than $130 million on building projects during the last five years. What percentage of that money came from the taxpayers, from University bonds and from private donations?

Answer: $145 million has been spent for construction and renovation of facilities on UM's four campuses. Of that amount 24 percent came from state funds, 11 percent from private donations, 62 percent from the issuance of revenue bonds and 3 percent from University local funds.

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