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