All partially funded by sweetheart lease deals between land ASU owns and billions of dollars in corporate office buildings and hotels thanks to the tax exempt status of the University. Status that is supposed to be used for educational purposes but instead is turning the ASU campus into a commercial property tax haven.
https://tucson.com/news/local/arizona-ag-sues-to-block-universities-from-leasing-land-to-commercial-businesses/article_c1210c2f-da3f-5a35-9678-6aa10f2efb9a.html