2. University of Denver Campus Profile
University of Denver is the
oldest and largest private
university in the Rocky
Mountain region of the
United States.
• Founded: 1864
• Located: Denver, Colorado
• Number of Buildings: 120
• Total GSF: 4,710,000
• Number of Students:
10,408
3. Policies and Strategies to Manage Facility Challenges
• Increase Stewardship
• Increase Planned Maintenance
• Define the backlog of deferred projects
• Use building portfolios to define and manage
capital investments
4. Strategy – Identify the Backlog
$90
$80
$70
$60
$50
$40
$30
$20
$10
$0
Millions
Identified Building Need
Distribution by Building Portfolio and Priority
A (1‐3 years)
B (4‐7 years)
C (8‐15 years)
Total Need by Portfolio
A B C
A B C Total
$ 43,894,344 $ 50,771,712 $ 50,847,621 $ 145,513,677
Data in FY2007 dollars
Total Need ‐ $145.5 million
5. Strategy – Create a Funding Plan (1 of 2)
• A 5 year funding plan
was created, repairs
outside the 5 year period
were not considered.
• Funding for repairs is
based on a building’s
classification, with
funding for transitional
buildings only on a “as
needed” basis.
• Parking structure
maintenance was
budgeted for in the
parking office budget,
outside of facilities.
$90
$80
$70
$60
$50
$40
$30
$20
$10
$0
Legacy Millennium Transitional Parking/
Infrastructure/Other
Millions
Summary – The $64M Investment Plan
Total Need Funding Plan
6. Strategy – Create a Funding Plan (2 of 2)
Core Program
Total Infrastructure Improvements*
5-Year Investment Needs $ 6 4,000,000 $ 4 8,000,000 $ 1 6,000,000
Required Annual Funding Level $ 12,800,000 $ 9,600,000 $ 3,200,000
Sources:
Annual Capital Renewal Funds:
Facilities Management 2 ,750,000 2 ,750,000 -
Provost - Renewal & Modernization 5 40,000 - 540,000
Residence 2 50,000 1 50,000 100,000
Annual One-Time Funds by Source:
Year End Funds 2 ,500,000 2 ,500,000 -
Unit Gainsharing Funds 2 ,560,000 - 2,560,000
Future-Year Budget Additions to Facilities 4 ,200,000 4 ,200,000 -
Total Sources $ 12,800,000 $ 9,600,000 $ 3,200,000
•Funding at the targeted $12.8 million level was not achieved immediately, but built up to over a
period of time.
•Not all the funding was achieved through the operating budget, some funding was taken from end
of year dollars and other one-time funding.
•Funding for “Program Improvements” was assumed to come from individual units through their
“gainshare” funds.
7. Strategy – Track Performance Relative to Plan (1 of 3)
$30
$25
$20
$15
$10
$5
$0
Stewardship Benchmark - $12,800,000
FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12
Millions
Stewardship Funding by Type
Millennium Legacy Beneficial Transition Other* Rental
8. Strategy – Track Performance Relative to Plan (2 of 3)
$30
$25
$20
$15
$10
$5
$0
Stewardship Benchmark - $12,800,000
FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12
Millions
Stewardship by Portfolio Type
IFP Expenditures Additional Expenditures
9. New Buildings & Renovations Set Stage for Building
Repairs (3 of 3)
• Capital expenditures for new
construction and reinvestment have
exceeded the stewardship standard
for all years shown.
• The new buildings add additional
square footage to the campus and
their technical complexity makes
them more expensive buildings to
maintain than the buildings that they
replaced. As these buildings age they
will put increasing demands on the
Facility investment needs of the
University.
• In the past 13 years, the University
has spent over $339 million on new
construction and reinvested another
$144 million in existing buildings.
• The $27 million that was reinvested
into buildings in FY 12 is the highest
amount in the past 13 years. This is
due in large part to the $12.6 million
that was spent on the Academic
Commons project.
$100,000,000
$90,000,000
$80,000,000
$70,000,000
$60,000,000
$50,000,000
$40,000,000
$30,000,000
$20,000,000
$10,000,000
$0
Capital Investment by Fiscal Year
Stewardship benchmark $12,800,000
FY00FY01FY02FY03FY04FY05FY06FY07FY08FY09FY10FY11FY12
Reinvestment New Construction
10. A Significant Shift in Campus Age Using Moderate
Balance Sheet Leverage
1995 2012
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
Total Square Footage 2,825,569 3,646,539
Greater than 75 Years 178,387 189,563
41-75 Years 855,701 1,192,055
26-40 Years 1,217,808 415,510
10-25 Years 555,387 1,056,175
Less than 10 years 18,286 793,236
Square Footage
Thousands
Campus Square Footage by Age
21% of campus
under 25 years old
51% of campus
under 25 years old
11. Results – A Legacy of Funding not Deferral (1 of 2)
$12,000
$10,000
$8,000
$6,000
$4,000
$2,000
$‐
Integrated Facilities Plan for Legacy/Beneficial and Millennium
Buildings
FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY2016 FY2017 FY2018
Millennium Buildings: Core Sinking Fund Addition Millennium Buildings: Spending for Core Needs
Legacy/Beneficial Buildings: Spending for Core Needs Base Budget plus Year End Funding for Core Needs
Category Definitions:Legacy: buildings that have a strong historical or programmatic heritage for the University and warrant preservation.Millennium: buildings constructed since 1997 and built to a 100 year construction quality.Transitional: buildings that are deemed as poor quality assets and spaces that will be raised within a 15 year horizon.Parking & Infrastructure: Parking structures and campus hardscape, greenscape, and utility infrastructure.
Thischart illustrates the University's capital expenditures by fiscal year distinguishable between new construction and discrete projects for renovation, modernization or adaptation of existing facilities. The Stewardship benchmark as presented to the Building & Grounds Committee represents all of the A&B priorities as set by the Facilities IFP for the Legacy and Millennium portfolios and includes the Reliability and Asset Preservation Needs for the other buildings.
