Facilities renewal as percent of replacement value
(Indicator Number: 52)

Category: Effectiveness & Efficiency

What It Measures: Expenditures on facilities renewal, enabling evaluation of success in meeting BOR"s goal of 2%

Data Reporting Lag: The reporting for this indicator has a 1 year difference. The latest data available is from 2023 for the indicator reporting year of 2024

Value Comparison: When comparing this value for Adequacy and Improvement, a higher value is better.

Data Source For Indicator Value: USM, Admin. & Finance, Capital Programs

Benchmark Set By: Board

IMPROVEMENT


is currently below the average of the 3 previous years (1.8%)


ADEQUACY


is currently at or above the benchmark set by Board (0%)