Establishing a National Best Practice in Facilities Capital Planning

December 23, 2011

By Ameeta Soni, Chief Marketing Officer, VFA, Inc.

Like the majority of other states, New Mexico faces the quandary of allocating limited state resources to school facilities needs equitably, cost-effectively, and at maximum efficiency. Recently profiled in School Business Affairs, the New Mexico Public Schools Facilities Authority is a relatively small state agency which manages the allocation of public school facilities funding in a state which has 89 school districts, made up of 795 public schools and charters. Overall, the state K-12 physical plant has 4,700 buildings totaling 60 million square feet.

The conditions of all school facilities in New Mexico are ranked and compared relatively against each other using a model which takes into consideration facility condition, educational adequacy and other key facilities priorities such as life, health and safety. Each school facility is ranked according to objectively-determined greatest needs, and funding is prioritized to projects at or near the top of the ranked list. This facilities assessment and ranking model, widely regarded as a national best practice, is the primary tool by which New Mexico allocates state capital to school facilities needs.

School vacation is coming up, but facilities capital planning and management never ends. What are other leaders in school facility management doing to set themselves apart?

 

See how VFA’s Capital Planning Consulting and VFA.facility Facilities Capital Planning and Management Software assists companies with organizing data and managing assets.

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