House Capital Budget Committee Hears Supplemental Capital Budget

This morning began early with the House’s proposed Capital Budget scheduled for a public hearing.

Evergreen, along with other higher education stakeholders, testified to the impact of the supplemental budget on institutions and students.

Evergreen thanked the Legislature for providing the College with the authority to enter into a certificate of participation, through the Office of the State Treasurer, to purchase the building the College currently leases for Evergreen’s Tacoma program. Evergreen noted that the certificate of participation would allow the College to establish a permanent site for the program, which has been in existence for over 30 years, by redirecting the current lease rate toward the purchase of a permanent location for the program. The impact of this action would be to create equity in an owned existing building and provide Evergreen and its students with certainty with regard to the future of the program, benefiting not only the College but the State.

The House Capital Budget provided funding for a small number of projects across higher education. This includes authority for Evergreen to enter into a certificate of participation to purchase the existing facility in Tacoma for the College’s Tacoma program; $2 million to remove, clean and dispose of two underground diesel oil tanks at Central Washington University; and $5 to renovate the Carver Academic Center at Western Washington University.

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