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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowTIPPECANOE COUNTY Purdue trustees approve capital spending, operating budgets
Purdue University’s trustees on April 11 approved a $1.04 billion capital improvement plan for the next 10 years and a $1.03 billion conceptual operating budget for the next academic year.
The capital plan includes nearly $100 million in renovations and additions to Mackey Arena, and $80 million to build and renovate life sciences facilities on the West Lafayette campus. Another $11 million will be spent to begin replacing laboratories in the mechanical engineering department.
Money will also be spent to expand student housing at Indiana University Purdue University Fort Wayne, build a parking garage, and renovate the library and classrooms in the university’s medical building.
The newly approved operating budget-which is up 4.7 percent system-wide from the prior year-includes a 4.5-percent tuition increase. In-state students will pay $7,750 for the 2008-2009 academic year, up $334.
The trustees also approved a 3.5-percent increase in merit pay.
Other board approvals created a new master’s degree program in forensic science at IUPUI and a bachelor’s degree program in secondary education at Purdue North Central.
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