THE DAILY ALL GI PSU projects need borrowed finances By Jenna Spinelle COLLEGIAN STAFF WRITER I jcssooo@psu.edu With construction booming across campus, Penn State officials say there are still projects to be completed projects that sometimes require the university to borrow funds. Deborah Blythe, Office of Physical Plant (OPP) facilities resource manag er, said that despite the "sticker shock" associated with building costs, con struction is still needed. "Many of our buildings, including Willard and Hammond, were built very cheaply in the 1960 s and '7os, and are now falling apart," she said. "Even though everything costs a fortune, the projects are necessary to update our facilities." She added that plans are currently in the works to renovate the Moore Build ing, another building constructed in that time period, which is expected to cost about $21.8 million. The money spent on campus con struction is not related to the continu ing increase in tuition, Penn State spokesman Tysen Kendig said. Funding for construction projects comes from state money allocated through the capital fund. The capital fund is separate from the university's general funds budget, which is used for things such as salaries and employee benefits. Penn State's 2005-2006 capital budget request was $71.89 million, which includes $53.5 million for construction projects and $18.39 million for purchase PARKW AY a of construction equipment. The request is part of a total $945 million five-year capital construction plan. The university's 2005-2006 general funds budget request was $344.8 mil lion, but Gov. Ed Rendell's budget released Feb. 9 contained $324.2 million. Kendig said the lower general funds appropriation was in no way related to the amount of capital funding request ed and will not affect construction on campus. "The university's capital budget and its general funds budget are two sepa rate entities," he said. "The amount of money requested for one has no effect on the amount received in the other." Blythe added that Penn State's enrollment has grown faster than its building space, and the university cur rently has the least amount of square inch space per student. "Our enrollment has increased faster than our facilities have, so it is only nat ural that we will need more space to accommodate the increased number of students," she said. OPP spokesman Paul Ruskin said the three main funding sources for con struction projects are state funds, pri vate donations and borrowing. "People are trying to connect con struction funding with tuition," he said. "The reality is that we do everything we can to try and get state and private sources for our projects." Dan Sieminski, assistant vice presi dent for finance and business, said in an e-mail message that tuition is used to pay for debt associated with borrow- Campus co • Total costs of Penn State's major University Park construction projects. :.. • rest Resources 50 80 70 80 Mao= of Dollars SOLIIINK Offtal of fiffisical gent ing funds for construction projects. "As we prepare our capital funding plans, we consider the amount of state funding available," he said. "Where those funds run short of needs, we aug ment those funds with a reasonable amount tuition dollars." Ray Marsh, director of development communications, said the majority of donations to the university are not for construction projects. "Most alumni give money to scholar ship funds or to support programs with in a specific college," he said. "We do raise money for capital con struction projects, but it is a small per cent of our overall efforts," Marsh said. Free ISABELLE'S BEAD SHOPPE! LOCAL Ilina ItsVCollieglin for PSU Increasing journal prices poses problem for library By Christlana Varda and Bethany Fehllnger COLLEGIAN STAFF WRITERS cxvlBl@psu.edu, brfsoo2@psu.edu Buying about 30,000 journals per year for Penn State students and facul ty has become a problem for the Penn State libraries. The escalating prices of serial jour nals all publications that come out more than once a year was brought to the attention of the University Facul ty Senate in an informational report at Tuesday's meeting. Bonnie Mac Ewan, assistant dean for collections and scholarly communica tion, said if the library continues pur chasing serial journals, it would run out of money to buy any material at all by 2015. In the past 17 years, a 260 percent increase in serial journal costs has been recorded. Faculty Senate Chair Kim Steiner said there is an abundance of scholarly publications and requiring the libraries to keep them up-to-date is an expen sive expenditure. "The Senate can figure out the right thing to do," he said. "We need to pro vide some credible guidelines for prop erly credited [publications] and resort to electronic publishing." Science and medical journals are marked with the highest prices, said Bob Alan, head of serials and acquisi tion services. "The price increase for many sci ence journals exceeds the normal inflation rates," he said. In an effort to combat the high cost master Dinner Students @ Time: 12pm-6pm treet 234-1060 , Weis, Autoport, Rider Olds, he Churches of State College, rt, Giant, and Starbuck's! THURSDAY, March 17, 2005 I 3 of the journals, the libraries have taken a series of steps to maintain lower spending. They have cut 6 percent of serial journals, eliminated duplicate copies across print and electronic for mats, and signed deals with big pub lishers to ensure more electronic access. The University Press and the libraries have also joined forces in an additional attempt to resolve this prob lem. . The Penn State Office of Digital Scholarly Publishing was created in October for increased cost-efficient publishing and a greater focus on elec tronic publishing. "What this means is that a book would never go out of print," Mac Ewan said. "It will always be available to you." The office wants to provide non-com mercial publications and scholarly information that professors can use in their research. It is a response to the high prices determined by commercial publishers, said Peter Potter, University Press edi tor in chief and associate director. "We are exploring new outlooks in the electronic realm," he said. Some faculty members do not real ize the cost of the journals when they request some journals from the library Mac Ewan said. "There is an expectation for scholars to prepare scholarly research, but this can be done online," she said. Mac Ewan added online research would certainly reduce the costs the library is currently facing. Steiner said the Senate could do something about the problem.