Montclair State's five-year $421 million capital investment initiative fuels state and local economies. In FY 2011-2015, it supported jobs — particularly in construction and related activities — while creating a demand for goods and services, and generating statewide tax revenues.
With $391 million in capital investments on the books for FY 2016-2020, this trend is expected to continue. The human return on our capital expenditures will also positively impact the state in years to come, as our new and renewed cutting-edge facilities attract and retain talented students who will join New Jersey’s workforce of the future.
$421 million
or $84 million per year in capital investments from FY 2011-2015
$160 million
in spending generated by the capital program
$75 million
earnings for the more than 1,100 jobs supported by our investments
$4 million
tax revenues generated from capital expenditures