The university is proposing new investments in dining facilities costing $34 million with debt payments of $2.3 million per year, requiring a 3% meal plan price increase for 5 years. There are also annual cost of living increases of around 2% totaling $117,000. The presentation suggests splitting cost increases between meal plan holders and cash customers based on their percentages of sales. It proposes expanding Union dining services which could save $400,000 annually and offset meal plan costs by $62.

1. Campus Dining Facilities Development Student Input Presentation

2. Past Investments in Dining FacilitiesExpenditures

4. Facility and equipment cost = $34 million

5. Debt service will be $2,301,521 per year

6. Meal plan share of debt service would be a 3% increase in meal plan price for 5 years

8. Covers increases in cost of food, transportation, wages, health insurance, utilities, supplies, etc.

9. Trending towards 2% for 2011

10. Cost = $117,000

12. 620 students on Commuter Meal Plan

13. 376 students on Apartment Meal Plan

14. 3,560 students on Budget Plan

15. 2,398 faculty/staff on Bonus Plan

16. 82% of sales from resident meal plans

18. Union Commons open until 9 p.m. daily

19. Union Deli open until midnight daily

20. Starbucks open until midnight daily

21. Weekend Brunch in Union Commons

22. If service transferred from H Cafeteria:

23. Cost savings = $ 400,000/year

24. $62/year offset in meal plan