Operating Budgets: Survey of 2016 Facility Plans
Every year, Building Operating Management surveys the facility management industry about expectations for operating budgets for the following year. The 2016 Facility Operating Budget Plans report offers a look at the industry as a whole. It finds that 42 percent of respondents don't expect any change in their operating budgets. Among the rest, more than twice as many respondents expect facility operating budgets to increase in 2016 as expect facility operating budgets to decrease in 2016. The survey report breaks down results by the following building types: commercial (corporate office), commercial (leased space), medical, education (higher education), education (K-12), government (federal), government (state), government (municipal), and hospitality. Survey question: In the next year, I expect my operating budget to: Decrease by 5 percent or less, Decrease by less than 5 percent, Increase by 5 percent or more, Increase by less than 5 percent, Stay the same.