Rethinking Budgeting Forum

 View Only
  • 1.  Equipment Replacement Plan

    Posted Jul 28, 2025 10:04 AM

    We have a new public works superintendent and the Township would like a 5 year fleet replacement plan (vehicles, equipment, etc). Does anyone have an excel they would like to share or how you handle long term planning for equipment. 

    Thank you!



    ------------------------------
    Anne Marie Dobson
    Finance Director
    Lower Macungie Township
    Macungie PA
    ------------------------------


  • 2.  RE: Equipment Replacement Plan

    Posted Jul 29, 2025 10:34 AM

    We have a Motor Pool Internal Service Fund for vehicles and equipment. The motor pool fund purchases and owns all vehicles and equipment and leases them to the individual divisions. We calculate the annual lease amount by taking the cost of the vehicle adding and an amount for inflation and dividing by the expected useful life of the vehicle. This smooths out the cost of purchasing for the individual divisions and forces divisions to set aside funds each year for future purchases. 



    ------------------------------
    Jordan Hales
    Finance Director
    City of Spanish Fork
    Spanish Fork UT
    ------------------------------