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5.TechnicalServices and Administrative Capital Budgets – This includescapital equipment <br />purchases. Notable items for 2022 includereplacing vehicle#1 and truck #2. <br />The utilities employa vehicle replacement evaluation system implemented with the City. <br />Additional information on vehicle evaluations is available upon request. <br />FINANCIAL IMPACT: <br />The 2022 Electric Department Capital Budget is decreased compared tothe prior year without <br />considering additional funding from bonding and the use of reserves. The main driver of this is <br />the construction of the field services building in 2021. As in years past, we will use reserves to <br />pay for the territory expansion costs, approximately $884,000 for 2022. <br /> <br />The 2022 Water Department Capital Budget is decreased compared to the prior year without <br />considering additional funding from bonding and use of reserves. The main driver of this is the <br />construction of the field services building in 2021. <br /> <br />In 2022, both the Electric Department and Water Department will start a multi-year project <br />implementing AMI. $600,000 has been planned for 2022 between the two departments. <br /> <br />ATTACHMENTS: <br /> 2022 Electric Department Capital Budget <br /> 2022 Electric Department Capital Projections 20 years <br /> 2022 Water Department Capital Budget <br /> 2022 Water Department Capital Projections 20 years <br /> 2022 Administration and Technical Services Departments Capital Budgets <br /> 2022 Administration and Technical Services Departments Capital Projections 20 years <br />______________________________________________________________________________ <br />Page 2 of 2 <br />66 <br />