4.0%
Percentage of capital and operating funds budgeted for facilities renewal/renovation (as percentage of replacement value)
(Indicator Number: 1.4.2)
Vision 2030 Priority: Academic Excellence and Innovation
Vision 2030 Goal: Recruit, retain, and develop exceptional faculty and staff, and nurture a dynamic environment in which they thrive.
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 improvement and benchmarks, a higher value is better.
Data Source For Indicator Value: USM Capital Planning Office
2025 Target
2%
4.0% is currently above the target
2%
4.0% is currently above the target
Baseline
2.2%
(Three Year Avg. (FY 2019 -FY 2021) )
4.0% is currently above the baseline
2.2%
(Three Year Avg. (FY 2019 -FY 2021) )
4.0% is currently above the baseline