I don't think the idea that most of the time management companies cut expenses is valid. In some cases, yes that is the thing to do, as maybe the super became a bit lazy in his budgeting over several years.
I have been with two companies and I have personally witnessed numerous occasions where it was determined by the company that the path to greater profits was to increase the maintenance budget, and the budget was increased. I just think that a good golf executive or super can assess every situation as unique.
Now when an executive sitting in a conference room in a corporate offices determines that all their owned or leased courses need to reduce budgets by 10%, that is another issue and short sighted at best.