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Modern Budgeting Issues


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Introduction


To understand the magnitude of issues facing those who are responsible for preparing a facilities management department budget in the 21st century, we must take a moment and reflect on the changes that have roiled the waters of higher education in the past.

Several factors have combined to contribute to an era of reduced funding resulting in reductions in staffing, new working environments, and uncertainty about the future. Together, these factors have made budgeting even more difficult.

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