- 2012-2013 Cornell University Annual Report (16.6MB pdf)
April 15, 2009
Earlier this year, I extended the construction pause, instituted on November 3, 2008, in order to conduct a thorough review of the priority of new capital projects and maintenance projects and re-calibrate the university's capital budget to better align funding sources and proposed uses. Except for projects already ongoing at the time the pause was initiated, all major construction on the campus has been suspended. The review is proceeding apace so that decisions to move forward with selected projects can be made on a case-by-case basis and in a timeframe that is appropriate for each specific project while continuing careful discipline to control expenditures and the use of debt.
To ensure that the campus is kept well informed on the status of Cornell's capital program, and in response to the recently passed Faculty Senate resolution, we are instituting a new process to present information about projects that emerge from the review process and are approved for implementation. In keeping with the spirit of the Faculty Senate resolution, information on all approved capital projects is available for public review at CUinfo. The new link, prominently featured under "Budget Resources," provides access to data regarding specific capital projects as they occur. By clicking on each project listed, members of the Cornell community will obtain its purpose, justification, funding and status. This web site will be updated as new capital projects are approved.
Capital projects under review range from the construction of new buildings to improvements to existing laboratories, refurbishment of classrooms and public safety initiatives. As previously announced, all construction projects must satisfy the following criteria in order to be approved during the pause period and after:
While we will allow selected projects that meet these criteria to go forward periodically, the community should not expect any dramatic change in the pace of the approval process until the university's financial situation recovers. Today, I have determined that the following projects meet the criteria specified and have authorized them to go forward. The projects are listed in alphabetical order.
For further information, please feel free to consult the website described above at CUinfo.
David J. Skorton