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"Capital Budgeting Practices in Public Higher Education"
Author: Manns, Derrick A., and Stephen G. Katsinas
Published In: Facilities Manager
Date: January/February 2006

This study finds that most states do not have a coordinated master plan for facilities to prioritize their needs given the limited resources that exist to address the economic and educational goals for public education. This is needed to address the potential numbers of new students, lifelong learning opportunities, and workforce development issues. Statewide priorities are needed to address the deferred maintenance challenge, especially in light of growing needs for upgraded laboratories, research equipment, and appropriate academic space. Includes extensive charts, references, and recommendations.

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