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Commissioners press for concrete asset-maintenance funding after Scottsdale policy review
Summary
Budget Review Commission members urged the city to translate policy language on maintenance, repair and replacement into a specific funding mechanism. Commissioners and staff discussed lifecycle funding challenges and possible reserve mechanics for parks, roads and other city assets.
Commissioners at the Feb. 28 Budget Review Commission meeting pressed city staff to convert aspirational language on asset maintenance and replacement into actionable funding mechanisms.
Chair Smith and several commissioners said current policy language that requires capital projects to include future operating and maintenance costs leaves a gap on long-term replacement funding. "If we don't set aside money for doing maintenance and repair and have some reserve to draw, we end up with a larger capital deficit that you have to deal with," City Manager Ketan said during the discussion on lifecycle funding.
Commissioners highlighted decades-long challenges: aging parks and…
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