Sightlines LLC FY2012 Facilities MB&A Presentation Middlesex Community College. Date: January 22, 2012 Presented by: Brendon Martin and Josh Vidro
|
|
- Asher Harrell
- 5 years ago
- Views:
Transcription
1 Sightlines LLC FY2012 Facilities MB&A Presentation Middlesex Community College Date: January 22, 2012 Presented by: Brendon Martin and Josh Vidro 1
2 Sightlines profile: 41 states, DC, Nova Scotia Common facilities vocabulary Consistent analytical methodology Context through benchmarking 2
3 A vocabulary for measurement The Return on Physical Assets ROPA SM The annual investment needed to ensure buildings will properly perform and reach their useful life Keep Up Costs The accumulated backlog of repair and modernization needs and the definition of resource capacity to correct them Catch Up Costs The effectiveness of the facilities operating budget, staffing, supervision, and energy management The measure of service process, the maintenance quality of space and systems, and the customers opinion of service delivery Annual Stewardship Asset Reinvestment Operational Effectiveness Service Asset Value Change Operations Success 3
4 Comparison Institutions Mass CC Peers Berkshire Community College Bristol Community College Bunker Hill Community College Cape Cod Community College Greenfield Community College Holyoke Community College Massasoit Community College MassBay Community College Mt. Wachusett Community College North Shore Community College Northern Essex Community College Quinsigamond Community College Roxbury Community College Springfield Technical Community College CT Peers Capital Community College Gateway Community College Housatonic Community College Manchester Community College Naugatuck Valley Community College Norwalk Community College Three Rivers Community College CT Peers Average Peer Average 4
5 Core issues Physical Profile In five years, Middlesex will experience a major shift in their age profile. Middlesex is one of the most technical campus amongst the MACC system, creating capital and operational challenges. Asset Value Change Total project spending has been increasing the past three years, but remains below the target. Annual Stewardship has increased the past three years. Total campus backlog is below the MACC average. Operational Effectiveness Middlesex is operating with more resources than MACC peers. Middlesex has consistently consumed less energy than MACC peers over the last eight years. The overall look of campus at Middlesex has improved since FY07. 5
6 Physical Profile 6
7 Age of campus MCC GSF 553K, with a younger campus compared to the MACC system 100% 90% 80% 70% 60% 50% 26% 28% 25% High Risk 27% % of Space by Age Category High Risk 10% High Risk 10% High Risk 39% 66% Buildings over 50 Life cycles of major building components are past due. Failures are possible. Core modernization cycles are missed. Highest risk Buildings 25 to 50 Life cycles are coming due in envelope and mechanical systems. Functional obsolescence 65% prevalent. Higher Risk 40% 30% 20% 40% 62% 25% 11% Buildings 10 to 25 Lower cost space renewal updates and initial signs of program pressures Medium Risk 10% 0% 7% MCC Composite Bedford Campus 12% 14% Lowell Campus Peers Under to to and Above Buildings Under 10 Little work. Honeymoon period. Low Risk 7
8 How age impacts campus investment strategy 53% of campus is above the age of 25 $60 $55 $50 Average Life Cycle Costs by Age of Space (Renovation Age) Plumbing Electrical Service Mechanical Systems Boilers Tile Work Metal Roofs 100% 90% 80% $45 $40 70% $35 60% $/GSF $30 50% $25 $20 $15 $10 $5 40% 30% 20% 10% $0 Under 10 Years Years Over 25 Years 7% 40% 53% 0% * Life cycle costs based on the average tech 3 academic space. 8
9 Future age profile MCC will experience a major shift in age of campus 100% % of Space by Age Category 90% 80% 26% 30% 38% 25% 70% 60% 27% 50% 40% 62% 61% 30% 40% 62% 20% 10% 0% 7% 8% 14% MCC FY12 MCC FY17 Bedford FY17 Lowell FY17 Under to to and Above Building Shifting to High Risk in FY17: Academic Resource, Campus Center, Cataldo, Derby, Enrollment Center, Facilities Management, Henderson Hall, Talbot 9
10 Asset Value Change 10
11 Total capital spending MCC has invested, on average, $1.3 million into existing space $3,500,000 MCC s Total Capital Investment $3,000,000 $2,500,000 $2.0Million $2,000,000 $1,500,000 $1,000,000 $500,000 $0 FY07 FY08 FY09 FY10 FY11 FY12 Facilities Non Facilities/New Space 11
12 Total capital spending MCC has invested, on average, $1.3 million into existing space $3,500,000 MCC s Total Capital Investment $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1.3Million $1,000,000 $500,000 $0 FY07 FY08 FY09 FY10 FY11 FY12 Facilities Non Facilities/New Space 12
13 Total project spending Project spending has been increasing since FY10 CT Peers Average Peer Average 13
14 Total project spending Project spending has been increasing since FY10 CT Peers Average Peer Average 14
15 Mix of spending compared to peers MCC has spent over 60% on envelope and system work 6 Year Mix of Spending 100% 5% 6% 90% 80% 19.2% 20.9% 70% 12.0% 15.2% % of Total Spending 60% 50% 40% 27.2% 39.7% 30% 20% 37.1% 10% 18.4% 0% MCC Mass CC Peers Building Envelope Building Systems Infrastructure Space Renewal Safety/Code 15
16 Defining stewardship investment targets What is the right level of investment for MCC? $7.00 Replacement Value: $221 million $6.00 $5.00 $ in Millions $4.00 $3.00 $2.00 $6.6 $3.2 $1.1 $1.00 $2.7 $2.0 $0.00 3% Replacement Value Life Cycle Need (Equilibrium) Envelope/Mechanical Space/Program Functional Obsolescence (Target) Total $ in Millions $6.6 $5.9 $3.1 Depreciation Model Sightlines Recommendation 16
17 Annual stewardship vs. target MCC has deferred over $10 million the past 6 years $3,500,000 Total Annual Stewardship 12 Envelope/Mechanical Target vs. Actuals 10 $3,000,000 $2,500,000 34% 66% $ in Millions Million 2 $2,000, Year Target Total Actual 6 Year Investment $1,500, Space/Programming Target vs. Actuals 8 $1,000,000 $500,000 $ in Millions Million $ FY07 FY08 FY09 FY10 FY11 FY12 Envelope/Mechanical Space/Programming Target 0 5 Year Target TotalActual 5 Year Investment 17
18 Annual stewardship Stewardship levels increased in FY12 CT Peers Average Peer Average 18
19 Annual stewardship Stewardship levels increased in FY12 CT Peers Average Peer Average 19
20 Total project spending vs. annual investment need MCC s backlog has been increasing since FY07 Total Capital Investment vs. Target $/GSF Millions $7 $6 $5 $4 $3 Life Cycle Need Stabilizing Backlog Decreasing Backlog $2 Increasing Backlog $1 $0 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 Annual Stewardship Asset Reinvestment Target Need Life Cycle Need 20
21 What to expect for the FY2013 Renewal Sightlines is Redefining Critical Investment Targets $ in Millions "Cash Flow" Target 3 Year Moving Avg 21
22 Asset reinvestment backlog of need Backlog remains elevated compared to the CT Systems $160 AR Backlog $140 $120 $/GSF $100 $80 $60 $112 $142 $40 $20 $62 $0 MCC MA Community Colleges CT Community Colleges 22
23 Net asset value of campus MCC s NAV is higher than MACC peers (Replacement Value Building Needs) NAV Index = X 100 Replacement Value NAV of Index 100% 85% 85% 70% Investment Strategy Capital Upkeep Stage: Primarily new or recently renovated buildings with sporadic building repair & life cycle needs; You pick the projects Repair and Maintain Stage: Buildings are beginning to show their age and may require more significant investment on a case by case basis 70% 50% Systemic Renovation Stage: Buildings may require more significant repairs; large capital infusions; The projects pick you Below 50% Transitional/Gut Renovation/Demo Stage: Major buildings components are in jeopardy of failure. Reliability issues are widespread throughout the building. 23
24 Operational Effectiveness 24
25 Operating budget actuals MCC is operating above the MACC average CT Peers Average Peer Average Utilities Planned Maintenance Daily Service 25
26 Operating budget actuals MCC is operating above the MACC average CT Peers Average Peer Average Utilities Planned Maintenance Daily Service 26
27 Daily service actuals MCC has historically had more daily service dollars Daily Service $9.00 $8.00 MACC CT MCC $7.00 $6.00 $/GSF $5.00 $4.00 $3.00 $2.00 $1.00 $ Average Daily Service 27
28 Historical PM MCC s PM has historically been below both the MACC and CT systems PM $0.45 $0.40 MACC CT MCC $0.35 $0.30 $/GSF $0.25 $0.20 $0.15 $0.10 $0.05 $ Average PM 28
29 Historical energy consumption Consistently consumed below peer average Fossil Electric 29
30 Total energy cost MCC has a higher unit cost compared to the MACC system $60 Fuel Cost Trends vs. Peers $50 $40 $/MMBTU $30 $20 $10 $ MCC Fossil MCC Electric Peer Fossil Peer Electric *Excludes MWCC 30
31 Maintenance metrics MCC continues to utilize part time workers General Repair MCC FY Peers 3.5 CT Peers Average Peer Average MCC FY07 FY
32 Custodial metrics MCC s custodial workers cover less ground than both MACC and CT peers Cleanliness MCC FY Peers 3.8 CT Peers Average Peer Average MCC FY07 FY
33 Grounds metrics MCC has significantly improved ground scores Grounds MCC FY Peers MCC FY07 FY CT Peers Average Peer Average 33
34 Campus inspection MCC s look of campus is outperforming peers Campus Inspection Scores Mechanical Spaces General Repair/Impression Cleanliness Exterior Grounds MCC Peers 34
35 Service process Utilizing current work order system will enhance service process scores in future Centralization Service Process FY12 Scheduling Process Organization Work Request System Performance Measurement
36 Concluding Comments 36
37 Concluding comments There will be a major shift in campus age to the high risk age category, creating future capital and operational demands. 37
38 Concluding comments There will be a major shift in campus age to the high risk age category, creating future capital and operational demands. Continue to place a priority on increasing the annual stewardship investment in order to maintain the Net Asset Value of campus. 38
39 Concluding comments There will be a major shift in campus age to the high risk age category, creating future capital and operational demands. Continue to place a priority on increasing the annual stewardship investment in order to maintain the Net Asset Value of campus. Continue to monitor campus backlog, which has been increasing the past six years. 39
40 Concluding comments There will be a major shift in campus age to the high risk age category, creating future capital and operational demands. Continue to place a priority on increasing the annual stewardship investment in order to maintain the Net Asset Value of campus. Continue to monitor campus backlog, which has been increasing the past six years. Middlesex has consistently improved the look of campus the past three years. 40
FY2013 ROPA Presentation. University of Alaska System
FY2013 ROPA Presentation University of Alaska System A vocabulary for measurement The Return on Physical Assets ROPA SM Asset Value Change Operations Success The annual investment needed to ensure buildings
More informationCentral State University March 25 th, 2010
Central State University March 25 th, 2010 oster Connecticut College Cornell University Dartmouth College Davidson College Drew University Drexel University Duke University Duquesne University East Stro
More informationSightlines, LLC University of Alaska System Presentation FY2012
Sightlines, LLC University of Alaska System Presentation FY2012 Date: April 3, 2013 Presented by: Colin Sanders, Laura Vassilowitch & Sheena Salsberry University of Illinois at Urbana-Champaign The University
More informationRhode Island School of Design
Rhode Island School of Design FY17 ROPA+ Final Presentation October 19, 217 University of Southern University of Southern Maine University of St. Thomas University of Tennessee, Knoxville University of
More informationDeveloping the Capital Plan is only Half the Battle
Western Connecticut State University Western Oregon University Westfield State University Widener University Williams College Worcester Polytechnic Institute Worcester State University Xavier University
More informationFunding for Maintenance and Repair at UMKC. Faculty Senate November 4, 2014
Funding for Maintenance and Repair at UMKC Faculty Senate November 4, 2014 Changing the Conversation Space Understand how age profile drives capital and operational demands Capital Multiyear plans that
More informationMaking the Case for Funding Deferred Maintenance Before it s Too Late
Making the Case for Funding Deferred Maintenance Before it s Too Late Jim Kadamus Vice President Sightlines Cuba Plain Assistant Vice President for Budget Planning and Development University of Missouri
More informationLeveraging Facilities Intelligence & Lean to Create an Effective Preventive Maintenance Program
Leveraging Facilities Intelligence & Lean to Create an Effective Preventive Maintenance Program PAUL ARMAS BROWN UNIVERSITY JIM KADAMUS SIGHTLINES LISA TURTURRO HALEY & ALDRICH Brown University Facilities
More informationMASSACHUSETTS STATE COLLEGE BUILDING AUTHORITY REQUEST FOR PROPOSALS FINANCIAL ADVISORY SERVICES May 1, 2018
MASSACHUSETTS STATE COLLEGE BUILDING AUTHORITY REQUEST FOR PROPOSALS FINANCIAL ADVISORY SERVICES May 1, 2018 I. Introduction The Massachusetts State College Building Authority (the Authority ) seeks proposals
More informationUpdate on Facilities Management s Repositioning Plan. January 17, 2018
Update on Facilities Management s Repositioning Plan January 17, 2018 The Challenge: Reduce Operating Budgets by 5% Rather than react to budget uncertainty, Facilities Management proposed an alternate
More informationMassachusetts State College Building Authority (A Component Unit of the Commonwealth of Massachusetts)
(A Component Unit of the Commonwealth of Massachusetts) Financial Statements (With Supplementary Information) and Independent Auditor's Reports June 30, 2017 and 2016 Index Page Independent Auditor's Report
More informationCapital Maintenance. 2. Deferred Maintenance, May 18, 2009 <http://en.wikipedia.org/wiki/deferred_maintenance>
Capital Maintenance Capital Maintenance Capital maintenance has previously been known as deferred maintenance, the act of postponing maintenance in order to save money or avoid costs. 2 At NYU, the term
More informationLeveraging Facilities Intelligence & Lean to Create an Effective Preventive Maintenance Program
Leveraging Facilities Intelligence & Lean to Create an Effective Preventive Maintenance Program PAUL ARMAS BROWN UNIVERSITY JIM KADAMUS SIGHTLINES LISA TURTURRO HALEY & ALDRICH Brown University Facilities
More information2018 State of Facilities in Higher Education. December 13, 2018
2018 State of Facilities in Higher Education December 13, 2018 Meet the Speakers Peter Reeves Regional Director Sightlines, a Gordian Company Pete Zuraw Vice President, Market Strategy & Development Sightlines,
More information$20,590,000 MASSACHUSETTS STATE COLLEGE BUILDING AUTHORITY Project Revenue Bonds Series 2017A
NEW MONEY ISSUE-BOOK-ENTRY ONLY Moody s: Aa2 Standard & Poor s: AA See RATINGS herein. In the opinion of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., Bond Counsel, under existing law, and assuming
More informationDeferred Maintenance and Renewal Program Briefing
Deferred Maintenance and Renewal Program Briefing Business and Finance December 2007 1 Briefing Overview Nature of the challenge How we compare Progress to date Remaining barriers What s next? 2 Context
More informationStudent Health Program
Student Health Program Academic Years 2005-2006 through Baseline Report November 2009 Deval L. Patrick, Governor Commonwealth of Massachusetts Timothy P. Murray Lieutenant Governor JudyAnn Bigby, M.D.,
More informationConnecticut Community Colleges Data Comparison Report
2017-18 Connecticut Community Colleges Data Comparison Report Office of Institutional Research, Planning, and Effectiveness Beacon Hall 285 0 Table of Contents List of CT Community Colleges... 2 Headcount
More informationBacklog Reduction Plan
2003-2013 Executive Summary proposes to achieve reductions in our facilities maintenance backlog by documenting and completing backlog projects on a priority basis and by minimizing or eliminating future
More informationThe Real Meaning of Total Cost of Ownership (TCO)
The Real Meaning of Total Cost of Ownership (TCO) Presented by David Patnaude Director of Plant and Sustainability Riverdale Country School Lawrence Eighmy Managing Principle 1 The Real Meaning of Total
More informationMIDDLESEX COMMUNITY COLLEGE. Financial Statements. June 30, 2015 and (With Independent Auditors Report Thereon)
Financial Statements (With Independent Auditors Report Thereon) Financial Statements Table of Contents Page(s) Management s Discussion and Analysis (Unaudited) 1 9 Independent Auditors Report 10 11 Statements
More informationHealth Connector Update
Health Connector Update Massachusetts Health Care Training Forum October 2011 Agenda Commonwealth Care Current enrollment Post-open enrollment results Operational Updates Commonwealth Choice Current enrollment
More informationBEFORE THE ROOF CAVES IN II: APPA
BEFORE THE ROOF CAVES IN II: APPA PUBLISHED BY: RICK BIEDENWEG AND ROBERT HUTSON This article was originally published by APPA (www.appa.org) and was authored by Rick Biedenweg and Robert Hutson with assistance
More informationCAPE COD COMMUNITY COLLEGE (an agency of the Commonwealth of Massachusetts) FINANCIAL STATEMENTS AND MANAGEMENT S DISCUSSION AND ANALYSIS
FINANCIAL STATEMENTS AND MANAGEMENT S DISCUSSION AND ANALYSIS JUNE 30, 2017 Financial Statements and Management s Discussion and Analysis CONTENTS Independent Auditors Report 1-2 Management s Discussion
More informationFacilities Management s Budget Prioritization Plan April 19, 2017
Facilities Management s Budget Prioritization Plan April 19, 2017 UI s New Budget Model 2 UI s New Budget Model The historical business and financial models at the University of Iowa have given way to
More informationSTANDARD INSURANCE COMPANY
STANDARD INSURANCE COMPANY A Stock Life Insurance Company 900 SW Fifth Avenue Portland, Oregon 97204-1282 (503) 321-7000 GROUP LIFE INSURANCE CERTIFICATE POLICYHOLDER: Massachusetts Board of Higher Education
More informationSenate Fiscal Committee Central Distributions Subcommittee April 17, TOPIC: Physical Plant Assessment Rates (Plant Operation and Maintenance)
Senate Fiscal Committee Central Distributions Subcommittee April 17, 2012 TOPIC: Physical Plant Assessment Rates (Plant Operation and Maintenance) CONTEXT: Consistent with the principles of budget restructuring,
More informationTwo-Year Program Facilities Management Capital Renewal & Deferred Maintenance
Two-Year Program Facilities Management Capital Renewal & Deferred Maintenance Table of Contents I. Program Mission Statement...3 II. Program Executive Summary...3 III. Primary Customers/Stakeholders...4
More informationFacilities Management & Support Services
The Division of Facilities Management & Support Services works to ensure all school facilities are operating effectively and efficiently. The proper maintenance and upkeep of the buildings and grounds
More informationUse of State and District Construction Funds
8 Use of State and District Construction Funds Through its long-range planning process, the district has met its facilities needs without issuing significant debt. To improve cost efficiency, however,
More informationUniversity of Virginia Status Report on the Plan to Address Deferred Maintenance
Executive Summary University of Virginia Status Report on the Plan to Address Deferred Maintenance The University of Virginia s facilities portfolio includes 552 buildings and related infrastructure, encompassing
More information10 Year OSU Capital Forecast
10 Year OSU Capital Forecast Presentation 2004-17 Define financial boundaries Describe criteria Identify data sources Summarize proposed capital projects Financial boundaries Forecast to align with financial
More informationDr. George Parker, President PO Box 309, Jamestown, NC (336)
EDUCATION Guilford Technical Community College Dr. George Parker, President PO Box 309, Jamestown, NC 27282 (336) 334-4822 Links to County Goals and Strategic Priorities: COUNTY GOAL: Further Community
More informationSummary of Capital Budget Request Tennessee Board of Regents. of the. September 21, 2017
Summary of Capital Budget Request 2018-2019 of the Tennessee Board of Regents September 21, 2017 1 This is the Summary of the Capital Budget Request for Fiscal Year 2018-2019 for the Finance and Business
More informationSMART NEWS November 2012
SMART NEWS November 2012 A Bi-monthly ebulletin of the Massachusetts Deferred Compensation SMART Plan Highlights of this issue include: Message from the Executive Director Winter Clean Up: Tips & Approaches:
More informationTracking Expenses in Facilities
Tracking Expenses in Facilities Requirements for Tracking Expenses when maintaining, building or improving a facility Minnesota State Colleges and Universities The Minnesota State Colleges and Universities
More informationCapital Planning and Budget. University of Wisconsin System Administration. All Agency Projects Program
University of Wisconsin System Administration All Agency Projects Program OVERVIEW All Agency Projects Program A targeted program addressing the maintenance, repair, renovation, and minor remodeling needs
More informationAnnual Financial Assessment Higher Learning Commission Financial Ratios
Annual Financial Assessment Higher Learning Commission Financial Ratios Financial ratios can be useful tools for measuring and analyzing financial performance, understanding and communicating financial
More informationUniversity of Virginia Status Report on the Plan to Address Deferred Maintenance
Executive Summary University of Virginia Status Report on the Plan to Address Deferred Maintenance The University of Virginia s facilities portfolio includes 540 buildings and related infrastructure, encompassing
More informationCalifornia State University, Long Beach
California State University, Long Beach 2011-2012 Annual Management Report A Supplement to the Annual Audited Financial Report Foreword August 15, 2012 Dr. F. King Alexander President The Annual Management
More informationMassachusetts School Building Authority DRAFT Maintenance and Capital Planning Record
Massachusetts School Building Authority DRAFT enance and Capital Planning Record The enance and Capital Planning Record is one of the pre-requisite documents required during the application process that
More information2018 Banking Compensation Survey Report
2018 Banking Compensation Survey Report Banking Compensation Survey Report Massachusetts Bankers Association 2018 Massachusetts Banking Abington Bank Adams Community Bank Athol Savings Bank Avidia Bank
More informationRestoring the Dream: Renewing Pride and Stewardship of Place
Strategic Plan Assessment Pathway 5 Restoring the Dream: Renewing Pride and Stewardship of Place November 8, 2017 Stewart Harvey, Executive Director, Facilities & Capital Management Services Pathway 5
More informationMASSACHUSETTS PROPERTY INSURANCE UNDERWRITING ASSOCIATION
MASSACHUSETTS PROPERTY INSURANCE UNDERWRITING ASSOCIATION February 9, 2005 Underwriting Division Two Center Plaza Boston, Massachusetts 02108-1904 (617) 723-3800, MA Only (800) 392-6108, FAX (617) 557-5678
More informationPriority #1 Request for Construction FY Priority #2 Anticipated Request for Planning FY 2019
V. IMPLEMENTATION PLAN a) Prioritize major capital projects requested from the State, including a brief project description and estimated cost, in the format provided. (Adjust previously developed or prior
More informationFM Benchmarking / KPI
2014 UT Facilities Conference FM Benchmarking / KPI Dave Riker Associate Vice President for Facilities Belinda Dovalina Director of Business Services June 13, 2014 Proposed Discussion Agenda Metrics versus
More informationFacilities Planning & Construction Report nd Quarter Ending December 31, 2017
Facilities Planning & Construction Report 2017 18 2 nd Quarter Ending December 31, 2017 Overview District SRID Spending (MG100) Summary By College By Site District Measure J Spending (MJ100) Summary By
More informationCombined Financial Statements with Supplementary Combining Information June 30, 2006 and 2005
Combined Financial Statements with Supplementary Combining Information Board of Trustees fiscal year 2006 Louise S. Berry, Chair Murali Atluru Hilary C. Barhydt David H. Blackwell, Esq. Rev. David L. Cannon
More information6-YEAR CAPITAL IMPROVEMENT PROJECTS (CIP) PLAN FISCAL YEARS AND FISCAL YEAR CIP BIENNIUM BUDGET
6-YEAR CAPITAL IMPROVEMENT PROJECTS (CIP) PLAN FISCAL YEARS 2018-2023 AND FISCAL YEAR 2018 2019 CIP BIENNIUM BUDGET FACILITIES AND PLANNING COMMITTEE NOVEMBER 3, 2016 What is a 6-year CIP Strategy? Establishes
More informationFacilities Development and Operations
Facilities Development and Operations Dashboard/Metrics Report California State University, East Bay July 1, 2016 to June 30, 2017 1 Who We Are: Vice President Administration & Finance Division Associate
More informationFacilities Management Performance Assessment - Using APPA Facilities Performance Indicators
Facilities Management Performance Assessment - Using APPA Facilities Performance Indicators Duane G. Hickling APPA FPI Advisor January 27, 2016 dhickling@hicklingassociates.com Agenda Why use facilities
More information1) As with operating budget, tremendous energy spent laying out County s capital roadmap 2) FY plan builds off of that
1) As with operating budget, tremendous energy spent laying out County s capital roadmap 2) FY2016-2020 plan builds off of that work 3) Continues planned restoration of paygo funding (county and schools)
More informationHOLYOKE COMMUNITY COLLEGE FINANCIAL OUTLOOK FY 2016 FY 2020 DRAFT 11/12/14. Introduction
HOLYOKE COMMUNITY COLLEGE FINANCIAL OUTLOOK FY 2016 FY 2020 DRAFT 11/12/14 Introduction Holyoke Community College s traditional mission to provide high quality, affordable educational opportunities to
More informationDeferred Maintenance Phase I Report
Ohio University Deferred Maintenance Phase I Report A Case for Addressing Deferred Maintenance Needs at Ohio University Prepared by: University Planning and Implementation and Facilities Management Ohio
More informationFacility Maintenance Modeling
Frank Kaleba, PE, Senior Engineer, R&K Solutions, Roanoke/Alexandria VA Van Dobson, PE, Associate VP, Facilities Services and Campus Planning Lehigh University 1 Learning Objectives Describe the challenge
More informationFinancial Statements and Supplementary Information. Bridgewater State University (An Agency of the Commonwealth of Massachusetts)
Financial Statements and Supplementary Information Bridgewater State University (An Agency of the Commonwealth of Massachusetts) June 30, 2016 and 2015 Financial Statements and Supplementary Information
More informationPrepared by the Office of the Treasurer
Prepared by the Office of the Treasurer The Board s Role in Financial Oversight The Board of Trustees is tasked with financial oversight of the College. The Association of Governing Boards of Universities
More informationCapital Planning Program CPC Presentation
Capital Planning Program CPC Presentation August 29, 2016 AGENDA 2 I. Overview II. 10-Year Capital Plan Update III. FRRM Data Improvement IV. Key Dates FY16-25 CAPITAL PLAN FUNDING LEVELS As adopted in
More informationCapital Projects Fund
The capital projects fund is used to account for the resources used for the acquisition, construction, or improvement of major capital facilities, including those of the enterprise fund. The capital projects
More information($ in Thousands) Governor s Planning Estimates. Governor s Rec. Agency Request
Project Funding Summary ($ in Thousands) Agency Request Governor s Rec Governor s Planning Estimates Project Title Agency Strategic Funding Priority Score Source 2004 2006 2008 2004 2006 2008 Systemwide
More informationSouth Dakota Board of Regents University Financial Ratios
ATTACHMENT I 3 South Dakota Board of Regents University Financial Ratios This report provides key financial ratios for 2007 through 2011 for all of the South Dakota public universities. The ratio calculations
More informationOperating Budget
2015 16 Operating Budget Published June 2015 Table of Contents 2015 16 Budget at a Glance... 1 Introduction... 2 Key Components of the 2015 16 Budget... 4 University Operating Budget Summary... 9 University
More informationBALTIMORE COUNTY PUBLIC SCHOOLS
Exhibit B BALTIMORE COUNTY PUBLIC SCHOOLS DATE: TO: FROM: SUBJECT: ORIGINATOR: RESOURCE PERSON(S): BOARD OF EDUCATION Dr. Joe A. Hairston, Superintendent PROPOSED FY 2008 STATE AND COUNTY CAPITAL BUDGET
More informationDepartment Chair Online Resource Center Facility Maintenance or Facility Improvement? Taking a Responsible Approach
Department Chair Online Resource Center Facility Maintenance or Facility Improvement? Taking a Responsible Approach Richard Bettega, associate vice president for facilities, Lewis and Clark College. Facility
More informationEXECUTIVE SUMMARY FLORIDA A & M UNIVERSITY FACILITY CONDITION ASSESSMENT OCTOBER 2012
EXECUTIVE SUMMARY FLORIDA A & M UNIVERSITY FACILITY CONDITION ASSESSMENT OCTOBER 2012 PREPARED BY: JONATHAN C. THOMAS, PE DIRECTOR OF SPECIAL OPERATIONS TABLE OF CONTENTS SECTION ONE: SUMMARY OF CONDITIONS
More informationF 2 STANDING COMMITTEES. Finance and Asset Management Committee. Capital and Debt Update INFORMATION ITEM
STANDING COMMITTEES F 2 Finance and Asset Management Committee Capital and Debt Update INFORMATION ITEM This item is being presented for information only. BACKGROUND This is a standing agenda item. The
More informationSUNY OFFICE FOR CAPITAL FACILITIES
SUNY OFFICE FOR CAPITAL FACILITIES Physical Plant Administrators Association January 2015 1 Community College Capital Program Discussion Leaders: Karren Bee-Donohoe, Executive Director Rebecca Goldstein,
More informationClassified Staff Adequacy: Facility Maintenance and Operations
Slide 1 Classified Staff Adequacy: Facility Maintenance and Operations Gordon Beck, Director of School Facilities - OSPI Andrea Cobb, Research Analyst - OSPI Tom Kuehn, Regional Coordinator - OSPI Overview
More informationUNC Investment Fund, LLC Fiscal Year 2008 Summary Presentation To: The Board of Trustees of The University of North Carolina at Chapel Hill
, LLC Fiscal Year 2008 Summary Presentation To: The Board of Trustees of The University of North Carolina at Chapel Hill November 20, 2008 Organizational Structure UNC Management Company, Inc Formed 2002,
More informationFacility Renewal Reinvestment Study 2017 Update
University of Hawai i Facility Renewal Reinvestment Study 2017 Update October 2017 Sightlines LLC www.sightlines.com 203.682.4950 Table of Contents Executive Summary 1 Current Replacement Value Maintenance
More informationUniversity of Virginia Addressing the University s Deferred Maintenance Backlog
University of Virginia Addressing the University s Deferred Maintenance Backlog Introduction At its December 2004 meeting, the Buildings and Grounds Committee heard a presentation regarding the University
More informationV ir ginia Tech Annual Report
Graphic by Sustainability Intern V ir ginia Tech 2015 SUSTAINABILITY Annual Report V T C A C : O V E R V I E W Sustainability Annual Report per Presidential Policy Memorandum No. 262 Rev 1 Update to the
More informationFinancial Statements
018 Financial Statements including Required Supplementary Information Additional Supplemental Information Connecticut State Colleges & Universities Mission Statement As part of the Connecticut State Colleges
More informationFacilities Management and Planning Organizational Review Phase II Update
MEMORANDUM Office of College Services DATE: September 3, 2013 TO: CC: FROM: SUBJECT: President Mary Spilde, Vice President Brian Kelly Facilities Management & Planning Organizational Review Team Jennifer
More informationMONTACHUSETT REGIONAL VOCATIONAL TECHNICAL SCHOOL PRELIMINARY BUDGET PLAN
MONTACHUSETT REGIONAL VOCATIONAL TECHNICAL SCHOOL PUBLIC HEARING MARCH 7, 2018 PRELIMINARY BUDGET PLAN July 1, 2018 June 30, 2019 SERVING THE COMMUNITIES OF: Ashburnham, Ashby, Athol, Barre, Fitchburg,
More informationCHABOT-LAS POSITAS COMMUNITY COLLEGE DISTRICT TOTAL COST OF OWNERSHIP PLAN
CHABOT-LAS POSITAS COMMUNITY COLLEGE DISTRICT TOTAL COST OF OWNERSHIP PLAN FEBRUARY 21, 2017 CHABOT-LAS POSITAS COMMUNITY COLLEGE DISTRICT TOTAL COST OWNERSHIP TABLE OF CONTENTS SECTION 1- INTRODUCTION
More informationTuition Increase Recommendation FY June 18, 2009 June Regular Board Meeting
With the assumption that the Mississippi State Legislature will adopt a budget by June 30, 2009 for FY 2010, approval is requested budgets (including Ayers) and Auxiliary Fund budgets. For all other general
More informationConnecticut Community Colleges
Financial Statements, Required Supplementary Information, and Additional Supplemental Information Connecticut Community Colleges Connecticut State Colleges & Universities Mission Statement As part of the
More informationWASHBURN UNIVERSITY OF TOPEKA FINANCIAL STATEMENTS JUNE 30, 2016
FINANCIAL STATEMENTS JUNE 30, 2016 Index Page Independent Auditors Report... 1-3 Management s Discussion And Analysis... 4-28 Financial Statements Statements Of Net Position... 29-30 Statements Of Financial
More informationAnnualized Return. Global Large Stocks 14.5% 7.6% Best Quintile Dividend Yield. MSCI All Country World Index. Base Rates*
I Dividend Yield Effective in Global Markets (1970 2013) Source: OSAM calculations Annualized Return Global Large Stocks Sharpe Ratio: 0.62 14.5% 7.6% Sharpe Ratio: 0.17 Best Quintile Dividend Yield MSCI
More informationFacility Condition Assessment. Facility Condition Assessment 8/13/2013 AGENDA
AGENDA benefits & limitations Rod Moore, RA, LEED AP, PMP Georgia Tech Benjamin Dutton, FFB, MCIOB, MRICS Faithful+Gould GT Facilities GT Program What is GT FCA Deliverables How GT uses FCA Information
More informationFINANCIAL STATE OF THE COLLEGE
FINANCIAL STATE OF THE COLLEGE Presented by: Horace Chase Vice President for Financial & Administrative Affairs February 12, 2015 AGENDA Current Financial Position Allocation of Funds Renewal & Replacement
More informationThe Ohio State University Board of Trustees. October 28, 2009
The Ohio State University Board of Trustees TOPIC: October 28, 2009 CONTEXT: Capital Recommendations At the September 17 th Fiscal Affairs Committee meeting, the University Administration promised to come
More informationLeveraging Business Intelligence to Drive Efficiency
Leveraging Business Intelligence to Drive Efficiency 1 Agenda Introduction The Value of Business Intelligence and Key Performance Indicators (KPIs) Top KPIs and how to determine yours Resources Q&A 2 Introduction
More informationCapital Improvement Plan Table of Contents
Capital Improvement Plan Table of Contents Policies & Financial Strategies Financing Options Proposed Plan Summary of All Projects Considered Summary of New Projects to the Plan Proposed Future Projects
More informationProgram: Facilities and Construction Management. Program Based Budget Page 117
Program: Facilities and Construction Management Program Based Budget 2014-2016 Page 117 Program: Facilities and Construction Management Vision: To develop and maintain town buildings that is safe, comfortable
More informationBanking Benefits and Human Resources Policies Survey
2018 Banking Benefits and Human Resources Policies Survey 2018 Pearl Meyer & Partners, LLC Northeast Participant List by Alpha Alma Bank* Athol Savings Bank* Avidia Bank* Bank of Akron* BankFive* BayCoast
More informationCombined Financial Statements with Supplementary Combining Information June 30, 2007 and 2006
Combined Financial Statements with Supplementary Combining Information Board of Trustees fiscal year 2007 Louise S. Berry, Chair Timothy Ackert, eff. 2/07 (succeeded Mary Lou Strom) Murali Atluru Hilary
More informationArt Building Addition & Renovation 04 Issue. $1,500,000 Bond Financing $2,000,000 Gift Funding $3,500,000 Total Improvements
Bond Project Recap Art Building Addition & Renovation 04 Issue $1,500,000 Bond Financing $2,000,000 Gift Funding $3,500,000 Total Improvements Eaton Hall 4 th Floor Renovation 04 Issue $1,900,000 Bond
More informationWeston Public Schools PROPOSED BUDGET OF EXPENDITURES
Weston Public Schools PROPOSED BUDGET OF EXPENDITURES 2012-2013 School Facilities 2012-2013 Budget Presentation Please refer to pages 111-117 in the Budget Binder Budget Preface The Past: Unreliable boilers
More informationConnecticut Community Colleges. Financial Statements, Required Supplementary Information and Supplemental Information June 30, 2015
Financial Statements, Required Supplementary Information and Supplemental Information Members of the Board of Regents for Higher Education (Between 7/1/14 6/30/15) Thirteen members appointed by the Governor
More informationTO MEMBERS OF THE COMMITTEE ON GROUNDS AND BUILDINGS: ACTION ITEM
104 Office of the President TO MEMBERS OF THE COMMITTEE ON : For Meeting of ACTION ITEM AMENDMENT OF THE BUDGET FOR CAPITAL IMPROVEMENTS AND THE CAPITAL IMPROVEMENT PROGRAM AND APPROVAL OF EXTERNAL FINANCING
More informationPreliminary 2018 Corporate Operating Plan. Mr. L. Javier Fernandez, Vice President and Chief Financial Officer
Preliminary Corporate Operating Plan Mr. L. Javier Fernandez, Vice President and Chief Financial Officer Assumptions Alignment with Board Strategic Directives Revenue Adjustments No General rate increase
More informationHOLYOKE COMMUNITY COLLEGE (an agency of the Commonwealth of Massachusetts)
HOLYOKE COMMUNITY COLLEGE INDEPENDENT AUDITORS' REPORTS AS REQUIRED BY THE UNIFORM GUIDANCE AND GOVERNMENT AUDITING STANDARDS AND RELATED INFORMATION JUNE 30, 2016 Independent Auditors' Reports as Required
More informationCapital Outlay. Approved Capital Outlay Amendments ( biennium)
Capital Outlay The approved capital outlay amendments include three types of actions with a combined impact of $451.6 million on the general funds available for appropriation to assist with balancing of
More informationUNIVERSITY OF NORTHERN COLORADO: FINANCIAL REPORT 03/31/2011
UNIVERSITY OF NORTHERN COLORADO: FINANCIAL REPORT 03/31/2011 OVERVIEW Financial highlights of the 3 rd quarter financial report for fiscal year 2011-12 are summarized below: Cash The University s cash
More informationENDs Monitoring Report
ENDs Monitoring Report FINANCE June 12, 2017 Presented To: President Dr. Daniel J. Phelan Jackson College Board of Trustees Presented by: Darrell R. Norris, Vice President of Finance I. Executive Summary
More informationFort Wayne Community Schools. Capital Projects Planning March 15, 2011
Fort Wayne Community Schools Capital Projects Planning March 15, 2011 District Balanced Scorecard Goal III Operate effectively with integrity and fiscal responsibility Condition scores unchanged Use of
More informationSummary of Capital Budget Request Tennessee Board of Regents. of the. September 16, 2015
Summary of Capital Budget Request 2016-2017 of the Tennessee Board of Regents September 16, 2015 1 This is the Summary of the Capital Budget Request for Fiscal Year 2016-2017 for the Finance and Business
More informationGAVILAN JOINT COMMUNITY COLLEGE DISTRICT PROPOSITION 39 AND MEASURE E GENERAL OBLIGATION BONDS GILROY, CALIFORNIA
GAVILAN JOINT COMMUNITY COLLEGE DISTRICT PROPOSITION 39 AND MEASURE E GENERAL OBLIGATION BONDS GILROY, CALIFORNIA YEAR ENDED TABLE OF CONTENTS PAGE Independent Auditor s Report 1 Objectives 2 Scope of
More information