Budgeting for Repair and Renovation of Campus Buildings

Topics: Community College, Deferred Maintenance, Facilities and Operations, Administration and Finance, Space Utilization

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Research Questions

  • What is the process for developing a budget for the repair and renovation of campus buildings? 
  • How do administrators determine how much funding is necessary and how to allocate funding among projects? 
  • What types of repair and maintenance projects do administrators fund using the maintenance budget? 
  • How do administrators prioritize maintenance projects?

Summary

As a result of declining state funding for campus renovation projects, administrators increasingly rely on alternative funding sources (including grants and bonds) to finance a growing list of deferred maintenance projects. This brief examines the primary funding sources of deferred maintenance budgets, the methods administrators use to allocate funding across multiple campuses and to various projects, and strategies for increasing the effectiveness of funding allocation and reducing the time required to complete repairs.