1.5%

Facilities renewal as percent of replacement value
(Indicator Number: S52)

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 2020 for the indicator reporting year of 2021

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

Benchmark Set By: Board

IMPROVEMENT

1.5%
is currently below the average of the 3 previous years (1.53%)


ADEQUACY

1.5%
This benchmark is set by the Board