General University of Maine Publications

Document Type

Report

Publication Date

12-30-1999

Abstract/ Summary

The University of Maine System is required to submit in January of each year an annual report on the utilization of state research appropriations for operations and state research capital bonds. This report is to cover the most recently completed fiscal year. The following is the report for fiscal year 1999 (FY99) that covers the period from July 1, 1998 to June 30, 1999. Because this report includes only activity for fiscal year 1999, excluded from this annual report is the additional appropriation of $5,550,000 for research and development (R&D) that was made available beginning in fiscal year 2000 as well as the additional $50,000 for FY2001 . Also excluded was an appropriation of $2,500,000 for fiscal year 2001 to be used to pay the debt service on $25,000,000 of University bonds to be issued in the fall of 2000 for capital improvements to support research and development. Activity on these additional funds will be reported in subsequent annual reports (e.g., the FY2000 report).

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