In 2019, voters in the Ann Arbor Public School District authorized a one billion dollar bond issue to finance capital projects throughout the district. Although…
Posts published in “Asset Protection”
More than a year ago, I wrote about the consolidation of five rural Minnesota community colleges. The new institution, known as Minnesota North College, has…
US News and World Report published an interesting article today regarding red flags among higher education institutions’ financial conditions. The two specific areas of concern…
Yesterday, I wrote about the excess capacity at Michigan’s public universities. Based on each university’s peak enrollment, I calculated that Michigan currently has more than…
Higher education institutions aren’t the only ones struggling with the consequences of neglected facilities maintenance. The enormous cost of ignoring infrastructure problems isn’t the only…
Holding a Board of Trustees meeting in a room with no heat apparently gets the maintenance money moving. At least, that’s what happened earlier this…
If you want to know what happens when a public board doesn’t provide authentic oversight, look no farther than the Prichard Water Works and Sewer…
I have written extensively about the impact of building neglect on the facilities at WCC. Reducing the maintenance budget is a recipe for disaster, and…
Recently, I read an article about the cost of neglected maintenance at Louisiana State University. LSU is wrestling with nearly $637M in maintenance liabilities due…
Whoever thought it was a good idea to virtually eliminate the WCC maintenance budget isn’t doing the institution any favors. The old saying, “Penny wise…