Author Archives: mike@standardsmichigan.com

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Deuteronomy 30

Standards North Carolina

Duke University Chapel arose from James B. Duke’s conviction that spiritual life should occupy a visible place at the center of a great university. In 1925, while surveying the wooded site of the future West Campus with President William Preston Few, Duke selected its highest point for a chapel—a “great towering church” intended to influence generations of students. His broader philanthropy supplied the financial foundation for Duke University and its new campus; the Chapel itself ultimately cost about $2.2 million.

Designed by the Philadelphia firm of Horace Trumbauer, principally through chief designer Julian Abele, the Chapel is an American interpretation of English Gothic architecture rather than a copy of any particular church. Its 210-foot tower establishes it as the visual and symbolic center of West Campus. The cornerstone was laid in October 1930, construction continued for more than two years and the building was formally dedicated in 1935.

Today the Chapel operates as an interdenominational Christian institution supporting worship, preaching, sacred music and community ministries. Its stewardship is also a substantial facilities undertaking. Duke invested $19.2 million in its 2015–16 restoration, addressing the limestone ceiling and roof while upgrading HVAC, electrical and audiovisual systems and refurbishing stained glass and woodwork—an example of the continuing maintenance required to preserve monumental university architecture for daily use.

Sacred Spaces

Tax-Free Bonds

Current Referenda | Ballotpedia

Perspective:

  • The largest school bond referendum on ballots in November 2025 is the $1.4 billion package for Richardson Independent School District (ISD) in Texas.
  • University of Michigan’s 2025  $2 billion general revenue bonds
  • New York University’s 2025 $2.18 billion bonds through the Dormitory Authority of the State of New York
  • The largest school bond referendum on ballots in November 2024 was Measure US for the Los Angeles Unified School District (LAUSD) in California, totaling $9 billion.
  • In the November 2022 elections, a significant number of school bond referenda were presented to voters across the United States. For example, in Wisconsin alone, there were 57 successful capital referenda amounting to nearly $2.1 billion in authorized debt​ (Wisconsin Policy Forum)
  • In Texas, Central Texas schools had a total of $4.24 billion in bonds on the ballot, covering various propositions for school facilities, technology improvements, and athletic facilities​ (Fox 7 Austin)
  • In California and Arkansas, bond measures totaling $74 million — including school choice — were aimed at addressing school facility improvements​ (The74Million)
  • Voters in 16 North Carolina counties approved bond issues totaling $4.27 billion, with $3.08 billion dedicated to K-12 public school construction and improvements​ (EducationNC)

 

“The cure for high prices, is high prices” — They say.

Today we explore fiscal runaway in the US education “industry” with particular interest in the financing instruments for building the real assets that are the beating heart of culture in neighborhoods, cities, counties and states.  We steer clear of social and political issues.  The marketing of these projects — and how the loans are paid off — provides insight into the costs and benefits of this $100+ billion industry; the largest non-residential building construction market in the United States.

Educational Settlement Finance

We cannot do much to stop the hyperbolically rising cost of administrative functionaries but we can force the incumbents we describe in our ABOUT to work a little harder to reduce un-used (or un-useable) space and reduce maintenance cost.  Sometimes simple questions result in obvious answers that result in significant savings.

More recently hybrid teaching and learning space, owing the the circumstances of the pandemic, opens new possibilities for placing downward pressure on cost.

What the University of Michigan has done to reduce the life cycle cost of the real assets of educational settlements


Gallery: School Bond Referenda


Regulation or Money-Laundering?

After Architect-Engineers and Building Construction Contractors (many of whom finance election advocacy enterprises) the following organizations are involved in placing a bond on the open market:

  1. School Districts: Individual school districts issue bonds to fund construction or renovation of school facilities, purchase equipment, or cover other educational expenses. Each school district is responsible for managing its own bond issuances.
  2. Colleges and Universities: Higher education institutions, such as universities and colleges, issue bonds to finance campus expansions, construction of new academic buildings, dormitories, research facilities, and other capital projects.
  3. State-Level Agencies: Many states have agencies responsible for overseeing and coordinating bond issuances for schools and universities. These agencies may facilitate bond sales, help ensure compliance with state regulations, and provide financial assistance to educational institutions.
  4. Municipal Finance Authorities: Municipal finance authorities at the state or local level often play a role in facilitating bond transactions for educational entities. They may act as intermediaries in the bond issuance process.
  5. Investment Banks and Underwriters: Investment banks and underwriters assist educational institutions in structuring and selling their bonds to investors. They help determine bond terms, market the bonds, and manage the offering.
  6. Bond Counsel: Bond counsel, typically law firms, provide legal advice to educational institutions on bond issuances. They help ensure that the bond issuance complies with all legal requirements and regulations.
  7. Rating Agencies: Rating agencies, such as Moody’s, Standard & Poor’s, and Fitch Ratings, assess the creditworthiness of the bonds and assign credit ratings. These ratings influence the interest rates at which the bonds can be issued.
  8. Investors: Various institutional and individual investors, including mutual funds, pension funds, and individual bond buyers, purchase school and university bonds as part of their investment portfolios.
  9. Financial Advisors: Financial advisory firms provide guidance to educational institutions on bond issuances, helping them make informed financial decisions related to borrowing and debt management.
  10. Regulatory Authorities: Federal and state regulatory authorities, such as the U.S. Securities and Exchange Commission (SEC) and state-specific agencies, oversee and regulate the issuance of bonds to ensure compliance with securities laws and financial regulations.

These organizations collectively contribute to the process of issuing, selling, and managing school and university bonds in the United States, allowing educational institutions to raise the necessary funds for their capital projects and operations. The specific entities involved may vary depending on the size and location of the educational institution and the nature of the bond issuance.

Bond issuances affect local property values.

 

The Student Version of an English Breakfast

Statement of Financial Position 2024: Net assets: £745,070

UAL is Europe’s largest specialist university for art, design, fashion, communication, and performing arts. It ranks 2nd globally in Art and Design (QS World University Rankings 2023).  Formed in 2004 from historic colleges dating back to the 19th century, UAL is a collegiate federation of six renowned institutions:

  • Camberwell College of Arts
  • Central Saint Martins (famous for alumni like Alexander McQueen and Stella McCartney)
  • Chelsea College of Arts
  • London College of Communication
  • London College of Fashion
  • Wimbledon College of Arts

With over 18,000 students from more than 130 countries, UAL offers pre-degree to postgraduate courses, fostering innovation through professional practitioners as tutors. Its graduates dominate creative industries, including Turner Prize winners and British Designer of the Year recipients. Campuses span London, immersing students in the world’s creative capital…’

Latest Recipes

How can art and creativity improve your health and wellbeing? | UAL

Story: National Portfolio Days

Related:

Health and Safety Executive

Universities Safety and Health Association

Bangers and Mash


Sunset Moment, Kaiwen Yi, 2025 MA Illustration, Camberwell College of Arts, UAL

Sunset Moment, Kaiwen Yi, 2025 MA Illustration, | Camberwell College of Arts, UAL

Johann Sebastian Bach: Brandenburg Concerto No. 3 in G Major

 

2026 National Patent Application Drafting Competition (Results)

The NPADC is a team competition for law students to develop skills in drafting patent applications, focusing on U.S. patent law. Teams receive a hypothetical invention statement, conduct prior art searches, draft specifications and claims, and present their work to judges, including patent examiners and practitioners. For 2025, the invention was an extra-uterine system for supporting premature fetuses, indicating the complexity of tasks involved

There is no publicly available timetable for the 2027 National Patent Application Drafting Competition (NPADC) from the United States Patent and Trademark Office (USPTO) as of the latest available information. The USPTO typically releases detailed schedules for the NPADC closer to the competition year, often in the fall of the preceding year (e.g., October or November 2025 for the 2026 competition).

 

Thomas Jefferson was the leader in founding the United States Patent Office. Jefferson was a strong supporter of the patent system and believed that it was essential for promoting innovation and progress in the United States. As the first Secretary of State Jefferson was responsible for implementing the country’s patent system.

Article I, Section 8, Clause 8 of the United States Constitution reads as follows:

“The Congress shall have Power To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries.”

In 1790, Jefferson drafted the first Patent Act, which established the procedures for applying for and granting patents. The act also created the United States Patent Office as a government agency to oversee the patent system. Jefferson appointed the first Patent Board, which was responsible for reviewing patent applications and making recommendations to the Secretary of State.

Jefferson was deeply involved in the early development of the Patent Office and was instrumental in shaping its policies and procedures. He believed that the patent system should be accessible to all inventors, regardless of their social or economic status, and he worked to streamline the patent application process to make it more efficient and user-friendly.

In recognition of his contributions to the development of the patent system, Jefferson is often referred to as the “Father of American Innovation.”

This clause grants Congress the authority to establish a system of patents and copyrights to protect the intellectual property of inventors and authors. The purpose of this system is to encourage innovation and creativity by providing inventors and authors with a temporary monopoly on their creations, allowing them to profit from their work and invest in future projects. The clause also emphasizes the importance of promoting the progress of science and the useful arts, reflecting the belief of the founders that the development of new technologies and inventions was essential for the growth and prosperity of the United States.

Over the years, the Patent Office has played a crucial role in the development of the United States as a technological leader, granting patents for inventions ranging from the telephone and the light bulb to the airplane and the computer. Today, the Patent Office is part of the United States Department of Commerce and is responsible for examining patent applications and issuing patents to inventors and companies.

Welcome to the 2025 National Patent Application Drafting Competition!

2024 National Patent Application Drafting Competition

What is Happening to the Family, and Why?

“The family is nature’s masterpiece”

— George Santayana

 

Educated at Yale College, Somerville College, the University of Pennsylvania, Harvard Medical School and Columbia Law School, Amy Wax speaks to the Buckley Institute, founded by William F. Buckley (Yale 1950). Links to National Centers at Bowling Green State University, the University of Virginia and the University of Nebraska.

Inside Higher Ed (September 24, 2024): Amy Wax Update

Overcoming the Feminization of Culture


You Might Start by Reducing the Size of Government


In popular culture:

The Anthropology of Karens

People grow up in a web of relationships that is already in place, supporting them as they grow. From the inside out, it includes parents, extended family and clan, neighborhood groups and civic associations, church, local and provincial governments and finally national government.

Educational Settlement Finance

Giovanni Paolo Panini, An architectural capriccio with figures among Roman ruins

The post-pandemic #WiseCampus transformation requires significant capital to meet the sustainability goals of its leadership.  Campuses are cities-within-cities and are, to a fair degree, financed in a similar fashion.  Tax-free bonds are an effective instrument for school districts, colleges and universities — and the host community in which they are nested — for raising capital for infrastructure projects while also providing investors with, say $10,000 to $100,000, to allocate toward a tax-free dividend income stream that produces a return in the range of 2 to 8 percent annually.

An aging population may be receptive to investment opportunities that protect their retirement savings from taxation.

Once a month, we walk through the prospectuses of one or two bond offerings of school districts, colleges and universities and examine offering specifics regarding infrastructure construction, operations and maintenance.  We pay particular attention to details regarding “continuing operations”. Somehow the education industry has to pay for its green agenda.  See our CALENDAR for the next Finance colloquium; open to everyone.

The interactive map provided by Electronic Municipal Market Access identifies state-by-state listings of tax-free bonds that contribute to the construction and operation of education facilities; some of which involved university-affiliated medical research and healthcare delivery enterprises.

CLICK ON IMAGE FOR INTERACTIVE MAP

 

If you need help cutting through this list please feel free to click in any day at 11 AM Eastern time.  Use the login credentials at the upper right of our hope page.  We collaborate with subject matter experts at Municipal Analytics and UBS.

Issue: [Various]

Category: Administration & Management, Finance, #SmartCampus

Colleagues: Mike Anthony, John Kaczor, Liberty Ziegahn

*We see the pandemic as a driver for a step-reduction in cost in all dimensions of education communities.  We coined the term with a hashtag about two years ago.

*College and university infrastructure projects are classified with public school districts under the rubric “municipal bonds” at the moment.  CLICK HERE for more information.

 


More:

Duke Law Review:  Don’t ‘Screw Joe the Plummer’: The Sausage-Making of Financial Reform

An Expanded Study of School Bond Elections in Michigan

Animal Safety

University of Minnesota: Evaluating biosecure entry and exit protocols and education methods in a mock livestock facility

Evacuation Drills for Horses

“One of the Family” 1880 | Frederick George Cotman

NFPA 150 Fire and Life Safety in Animal Housing Facilities Code has entered its s025 revision cycle.   Many education communities are responsible for animal safety in academic units, research enterprises. museums and even — as in the United Kingdom — large farm animals that wander freely on campus with students, faculty and staff.  The number of colleges and universities that permit students to live with their pets has expanded; and with it the responsibilities of university administration.

From the document scope:

This standard shall provide the minimum requirements for the design, construction, fire protection, and classification of animal housing facilities.  The requirements of NFPA 150 recognize the following fundamental principles:

(1) Animals are sentient beings with a value greater than that of simple property.

(2) Animals, both domesticated and feral, lack the ability of self-preservation when housed in buildings and other structures.

(3) Current building, fire, and life safety codes do not address the life safety of the animal occupants. The requirements found in NFPA 150 are written with the intention that animal housing facilities will continue to be designed, constructed, and maintained in accordance with the applicable building, fire, and life safety codes.

The requirements herein are not intended to replace or rewrite the basic requirements for the human occupants. Instead, NFPA 150 provides additional minimum requirements for the protection of the animal occupants and the human occupants who interact with those animals in these facilities. 

 

A full description of the project is linked below:

Fire and Life Safety in Animal Housing Facilities Code

Access to the 2025 Edition is linked below:

FREE ACCESS NFPA 150

We provide the transcript of the back-and-forth on the current 2022 edition to inform how education communities can contribute to the improvement of this title; a subject that stirs deep feelings about animal safety in research enterprises.

NFPA 150 First Draft Agenda

NFPA 150 Second Draft Report

Public comment on the Second Draft of the 2025 Edition will be received until March 27, 2024.   

We have been advocating risk-informed animal safety concepts in this document since the 2013 Edition and have found that it is nearly impossible to overestimate the sensitivity of educational communities to the life safety of animals — either for agriculture or medical research.

We maintain the entire NFPA catalog on the standing agenda of our Prometheus colloquia.  See our CALENDAR for the next online meeting; open to everyone.

"i thank You God for most this amazing day:for the leaping greenly spirits of trees and a blue true dream of sky;and for everything which is natural which is infinite which is yes" -- e.e.cummings ('Seventy-One Poems' 1950)

 

Issue: [11-1] and [19-5]

Category: Fire Protection, Facility Asset Management, Academic, Risk Management

Colleagues: Mike Anthony, Josh Elvove, Joe DeRosier

More:

Protecting Animals When Disaster Strikes

Animals 300


 


Bibliography:

25 Most Pet-Friendly Colleges

National Institute of Health: Policy on Humane Care and Use of Laboratory Animals

International Building Code: Section 304 (Business Group B): Animal hospitals, kennels and pounds

Terrestrial Animal Health Code

IEEE Guide for Animal Deterrents for Electric Power Supply Substations

ASHRAE Animal Facilities

IEEE Livestock Monitoring System

Ventilation Design Handbook on Animal Research Facilities

HVAC Design in Animal Facilities

USDA Animal Welfare Information Center

ISO Assistance Dogs

US Department of Agriculture: Animal Welfare Act and Animal Welfare Regulations

S. 4288: Reducing Animal Testing Act

Guaranteeing safety of animals under risk of fire: conceptual framework and technical issues analysis

Protecting Animals When Disaster Strikes

 

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