MSU
In the early to mid 1980s, a candy bar cost at most 33 cents.Now, students are lucky to find one for 65 cents.On a larger scale, buildings cost a lot more to repair and construct nowadays.Some trustees have taken note of the inflation rate and it will seek an increase from the current $100,000 cap that can be spent on construction contracts and maintenance repairs without the boards consent at Fridays meeting.What happens is, when you go 20 years, things that cost $100,000 in 1982 cost a lot more today, said Fred Poston, vice president for finance and operations.Poston said the board is seeking to increase the maximum amount to $500,000 and the new limit could help expedite construction projects.