Adopted Budget (Final Document)

Equipment Replacement

790.8500

Division Description The Equipment Replacement Fund provides a mechanism for the City to budget and fund future replacement of vehicles and equipment. Each department that uses City vehicles or equipment with future replacement funding is charged an annual fee based on future replacement costs and the useful life for each item. This program continues to provide a basis for the City to plan for and achieve incremental costs related to equipment and vehicle replacement to smooth fluctuations in the City budget in any given fiscal year. Financial Comments Pre-funding of vehicle and equipment replacement provides a measure of budget predictability, ensures timely replacement which enhances safety and efficiency, and reduces the need for deficit spending based on a large capital outlay in any given fiscal year. For the FY 2022-23 and 2023-24 Biennial Budget, the following equipment is proposed to be replaced.

FY 2022-23 Vehicle Number Department/Division

Vehicle Description

Replacement Budget

E99148 R98137

Capital Project Implementation F250 3/4 Ton Truck

$

37,000 13,500 60,000 60,000 100,000 70,300 100,000 65,000 65,000 30,000 20,000

Park Maintenance

1998 Deere Gator Gas 6X4

309 310

Police Police

2014 Honda Accord 2014 Ford Fusion

D08127 D11151 S08123 S11159 S15116 W03183

Street Maintenance Street Maintenance

2008 F450 4x2 crew cab dump truck

2011 Ford F250 4X4 - abatement spray truck

Wastewater Wastewater Wastewater

2008 Ford F450 Dump Truck 2011 Ford F350 Flat Bed 4x4 2015 Ford F350 flatbed 4X4 2003 Mobile Light Stand

Water Water

N/A

Jacobson Trailer

Total FY 2022-23

$

620,800

FY 2023-24 Vehicle Number Department/Division

Vehicle Description

Replacement Budget

A10120 E07141

Building Maintenance CRC

2010 Ford Ranger Pick Up (CRC)

$

30,000 38,850 60,000 60,000 76,000 76,000 105,000 45,000 85,000

Capital Project Implementation 2007 Escape SLS 4WD

311 312 152 153

Police Police Police Police Streets Water Water

2015 Honda Accord 2015 Honda Accord 2017 Ford Explorer 2017 Ford Explorer

D12128 W14161 W09023

2012 Ford F450 Dump Truck 2014 Ford F150 Super Cab 2009 KOHLER Generator

Total FY 2023-24

$

575,850

322 INTERNAL SERVICE FUNDS/MISCELLANEOUS PROGRAMS