PROJECT COST INCREASE S.C.R. 13: FLOOR ANALYSIS






Senate Concurrent Resolution 13 (as reported without amendment)
Sponsor: Senator Shirley Johnson
Committee: Appropriations

CONTENT The Joint Capital Outlay Subcommittee has approved Senate Concurrent Resolution 13, which would increase the total authorized project cost for the General Campus Renovation project at St. Clair County Community College by $4.0 million: from $9.0 million to $13.0 million. This represents a 44% increase in the total project cost, and will be paid entirely from college sources.
The project was initially authorized in Public Act 530 of 2002 with an estimated total project cost of $9.0 million, funded half by the college and half by the State. The project includes a nearly 15,000-square-foot addition and the renovation of the College Center, classrooms, laboratories, and vacated space in the Clara E. MacKenzie building. The college indicates that the increase is for inflationary cost escalation, final design estimates for mechanical systems, and scope refinement.


Fund Source Current Authorization Requested
Change		 Revised Authorization
State   $4,500,000 $ 0 $4,500,000
  Institution   4,500,000 4,000,000 8,500,000
  Totals $9,000,000 $4,000,000 $13,000,000

FISCAL IMPACT

There would be no fiscal impact on State government as the college will be financing the entire cost increase from its own revenue. The college indicates that most of the financing will come from a voter-approved millage.


Date Completed: 3-23-05 Fiscal Analyst: Michael Hansen

Analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent. scr13/0506