Finance Committee
January 22, 2025

Finance Committee Meeting
Fleet
Replacement
January 22, 2025
Overview
1 Fleet Study
2 Fleet Replacement
Estimated
Costs
3 Policy and
Funding
4 January 22, 2025 2
Overview
January 22, 2025 3
Fleet ISF
Administration
- Over 200 assets
- Both maintenance and
replacement
- FY 2023-24 Fund Balance of $6.1M
Public Works
Fleet Management – nonsafety
AC Fire
Fleet owned by City,
maintained by the County
Police
Contracted Administration -
Priority 1
Finance
Budget and tracking
assistance
All Others
Coordinate with PW and
Finance
January 22, 2025 4
Fleet Study
Baker Tilly US, LLP
January 22, 2025 5
Final
Recommendations
Interviews with Staff
Review of asset listing
Confirm assumptions
Best Practices
Operations, Maintenance, and
Capital Needs
- Comprehensive
Asset review
- Administrative
Suggestions
- Policy Suggestions
Report
Findings
January 22, 2025 6
Estimated Costs
January 22, 2025 7
Maintenance &
Replacement Values
Approximately 200 Assets
Useful life up to 10 Year
FY 2024-25 Operating Budget of $2.33 Million
$18,629,011
- Police
- Fire
- City Administration
General Fund
$3,225,937
- Environmental
Services
- Stormwater
- Water Pollution
Control Plant
Enterprise Funds
$21,854,948
Total
January 22, 2025 8
Policy and Funding
January 22, 2025 9
For Discussion
$9.3 M General Fund
$1.6 M Enterprise Funds
50%
$14 M General Fund
$2.42 M Enterprise Funds
75%
$18.63 M General Fund
$3.23 M Enterprise Funds
100%
Financing, Pay-as-you-go
Other
January 22, 2025 10