The University of Mississippi Medical center plans to start construction on its new medical school building this fall.
The College Board Thursday approved increasing the budget for the building to $35.5 million, using $31 million in state bonds that the Legislature approved borrowing earlier this year.
The board also approved $10 million to move, replace and add to utilities to accommodate the new building. That money comes from a federal community development grant that Gov. Phil Bryant steered to the school. UMMC projects it will need another $30.5 million to finish the building, and is counting on a pledge by the Legislature to borrow that money through bonds in 2014.