The state could invite the participation of the private and industrial sector and provide incentives for private gifts to address the problem. Some states have developed challenge-grant programs that match private contributions. There is also the possibility of providing tax incentives for private giving. Public-private partnerships can be a viable option. The private sector, however, has to be able to realize some gain if it is expected to become a partner in finding solutions to this problem.
Some states permit revenue bonding to pay for academic facilities.
This method does not provide new revenue, but provides a process for spreading costs over longer periods and initially would permit the funding of a much greater number of projects. No single answer will provide the perfect cure. Most likely, we are going to have to look at a combination of these options to address what is truly becoming a serious problem for our state. But the ways we find to solve this problem will say much about the pride and concern we take in our state government. To paraphrase one state official, we've arrived at the point where our success as a state is defined by our ability to respond and cope with emergency and crisis situations.