The CSU seeks $1.3 billion of one-time funding to continue to address the growing maintenance backlog of building and utility infrastructure systems that have passed their useful life. More than half of CSU's academic buildings are over 40 years old, and many of these buildings are overdue for major renovation. The CSU has an estimated $5.8 billion critical capital renewal backlog and accumulates approximately $284 million of additional critical capital renewal per year.
As buildings and their associated systems age, the cost to operate, maintain, and renovate the facilities increases. Although CSU facilities staff do an admirable job keeping these aging facilities operational with limited financial resources, increased funding is necessary. Over the past two years, the state has provided $450 million in one-time funding to address a portion of the deferred renewal backlog. This is a significant amount of funding, and it is being put to good use on the most necessary campus projects. It should be noted, however, that two significant challenges are vexing this budget priority: year-over-year growth in the CSU backlog and construction inflation exceeding ten percent in 2021-22.
The $1.3 billion one-time funding request will allow the university to address additional systemwide deficiencies, improve the reliability of systems, and prevent costly and disruptive outages caused by system failures. In line with the overarching mission, system repairs, and replacements will provide safer and healthier environments that support teaching and learning across all 23 campuses.