Cost Savings Target (-7% of baseline)
UT System: During his tenure as the University’s President, Joe DiPietro’s Reallocation Plan redirected 6% of each area’s budget toward more strategic goals. $25M will be earmarked for deferred maintenance needs.
UT Knoxville: UT Knoxville has a five-year plan to address deferred maintenance. The campus has two SBC approved projects totaling $23.5M to address deferred maintenance.
UT Knoxville Deferred Maintenance Information
Former President DiPietro and the Board of Trustees at that time gave each system campus specific goals for funding deferred maintenance. Each campus had developed a five-year deferred maintenance plan.
The UT Knoxville plan will address building envelope needs first, followed by HVAC, electrical, and plumbing systems.
UT Knoxville has SBC approved institutionally funded projects for deferred maintenance. More than $20M in approved SBC projects with another $15M proposed from the president’s reallocation plan.