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CONCLUSION <br />Staff has comprehensively reviewed the District's capital assets and forecasts an estimated <br />$26,575,168 (in 2016 dollars) over 30 years for their maintenance. The plan is a valuable <br />additional tool in developing budgets and staff will update the plan every two years in <br />conjunction with the two-year budget cycle. <br />To date, the District has been able to maintain its capital assets from existing funding sources. <br />If future revenues and maintenance expenses increase at historical averages, staff believes <br />current revenue sources should meet the funding requirements of the 30 -Year Capital Asset <br />Maintenance Plan. Of course, many events and circumstances can affect the District's ability to <br />meet future needs, but the myriad of such potential factors is beyond the scope of this report. <br />STRATEGIC PLAN COMPLIANCE <br />Meets 2016 Strategic Plan Element: 3.1 Create a financial plan to forecast and optimize <br />financial resources of the District to ensure financial stability. <br />