CAPITAL ASSET MAINTENANCE PLAN - Laserfiche WebLink

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roof at Borchard Community Center needs to be replaced in 2033 at a cost of $125,000 [in 2022 dollars]). New capital projects are identified as part of the District's 10 -Year Capital Improvement Plan and funded via the two-year budget. Typically, total capital replacement of a park or building would be included in the 10 -Year Capital Improvement Plan. To forecast capital spending, the two plans (this 30 -Year Capital Asset Maintenance Plan and the 10 -Year Capital Improvement Plan) should be read together. The current 10 -Year Capital Improvement Plan (Board approved in July 2021) is online at: www. crpd.org110YearC1P It is currently being updated and will be brought to the Board in Spring 2023 as part of the two- year budget process. This 30 -Year Capital Asset Maintenance Plan analyzes and includes capital items in parks or associated with buildings that are not included with regular ongoing maintenance. For parks, eight items are considered: • Lighting • Restrooms • Fencing • Signage • Playground Equipment • Picnic Shelters • Parking Lots • Shade Structures For buildings, sixteen items are considered: • Roofing • Windows • Exterior Siding and Trim • Exhaust Fans • Condensers • Fan Coils • Air Handlers • Kitchen Fire Suppression • Gas -Fired Heaters • Wood Flooring • Vinyl Flooring • Carpet Flooring • Water Heaters • Roll -Up Doors • Exterior Paint • Exterior Lighting Data for 67 facilities, including 53 parks and 14 buildings, is included. Data consists of the original install year, original install cost, quantity, unit, and estimated useful life. From the data input, staff utilizes a factor of 1.25 to forecast an estimated repair/replacement for the asset in the appropriate estimated year. CONCLUSION Staff has comprehensively reviewed the District's capital assets and forecasts an approximate estimate of $31,864,560 (in 2022 dollars) over 30 years for their maintenance. The plan is a