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2016 Operating Expense Budget Benchmarks: FM Survey Results
November 23, 2015 - Contact FacilitiesNet Editorial Staff »
Data on expectations for 2016 operating expense budgets for facility management departments is now available at no charge on FacilitiesNet.com. 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 about the same number of the respondents expect their operating budgets to stay the same (42 percent) and to increase (40 percent). Only 18 percent of respondents expect their facility operating budgets to decrease in 2016, less than half as many as expect facility operating budgets to increase.
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.
The survey asked the following 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.
The survey is based on 2,450 responses.