Strategic Facilities Planning

Capital budgeting and debt administration, when pursued from a strategic planning perspective as opposed to the more conventional cost-based framework, provides a forward-looking alternative based on a jurisdictions needs, its resource base, and growth potential.

“This is a clearly written book and thorough in its coverage on an important topic. The book steps the reader carefully through the stages of capital facilities planning, budgeting, funding and debt administration, and project scheduling. Along the way, the author unobtrusively includes the landmark literature and key approaches that have been used over the years. A book on this subject is badly needed, and Steiss is a terrific guide through this sometimes complex terrain.”

-- Irene Rubin, Northern Illinois University
There is no greater financial challenge facing government than that of increasing returns on its investments. In this highly useful volume, Alan Walter Steiss shows us how to meet this challenge through improved planning, maintenance, and financing of large-scale, long-lived strategic facilities. Steiss’ ability to explain financing alternatives and debt administration is especially remarkable. No one does that better than Alan. -- G. Frederick Thompson, Willamette University
Efficient development of the physical infrastructure is critical for the vitality of local economies and for the delivery of services to the public. Alan Walter Steiss provides a fine road map for government officials, taking the public facilities development process from planning, through forecasting and costing, to borrowing and debt administration. This book provides a valuable guide for all those with public infrastructure responsibilities. -- John L. Mikesell, Indiana University

Alan Walter Steiss is Adjunct Professor, College of Architecture and Urban Studies, Virginia Polytechnic Institute and State University, Blackburg.

The volume of new municipal bond issues has increased dramatically over the past thirty years. This new book by Alan Steiss provides an essential and comprehensive guide to the various new fiduciary and fiscal instruments used in the capital budgeting and finance process in the public sector. Steiss convincingly argues that capital budgeting and debt administration, when pursued from a strategic planning perspective as opposed to the more conventional cost-based framework, provides a forward-looking alternative based on a jurisdiction's needs, its resource base, and growth potential. Strategic Facilities Planning illustrates how the allocation of fiscal resources to acquire or construct and maintain strategic facilities can serve as a primary instrument for the effectuation of long-range public policy objectives. This book will serve as an important reference or course text for students and a guide for practitioners in public and business administration and urban planning.

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