FY 24-26 ADOPTED BUDGET

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 of 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.

Budgeted Replacement Cost

Vehicle ID Department

Description

W18163 Public Services - Water Operations R98329 Public Services - Parks & Recreation S10175 Public Services - Wastewater Operations S15112 Public Services - Wastewater Operations

Transit Cargo Van

53,500 15,000 12,000 445,000 65,000 65,000 95,000 95,000 95,000 95,000 87,000 30,000 33,000 39,600 95,000 95,000 95,000 387,600 1,122,500

1998 Jacobson Mower Trailer

2010 Iron Panther 16' (Bypass trailer)

Vactor

308 313 155 156 157 158 162

Police Police Police Police Police Police Police

Ford Taurus Chevy Tahoe

Explorer Police Interceptor Explorer Police Interceptor Explorer Police Interceptor Explorer Police Interceptor

Ford F150

FY 2024-25

A10120 Public Services - Parks & Recreation A14122 Public Services - Parks & Recreation D14116 Public Services - Streets Maintenance

2010 Ford Ranger Pick Up (CRC)

2014 F-150 (CCC, Chambers, CH, MHPD)

2014 Ford Focus (Electric) Explorer Police Interceptor Explorer Police Interceptor Explorer Police Interceptor

159 160 161

Police Police Police

FY 2025-26

INTERNAL SERVICE FUNDS/MISCELLANEOUS PROGRAMS 313