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County reviews vehicle replacement schedule; exempt-finance costs to shift into department budgets
Summary
County finance staff presented a vehicle replacement schedule showing about $1.4 million in replacements and an estimated $318,293 in exempt-finance charges that would be allocated to department budgets if the board approves the schedule.
County finance staff told the Board of County Commissioners that a consolidated vehicle replacement schedule (page 50 of the budget packet) proposes replacements for aging fleet vehicles and showed the financing mechanics and department-level exempt financing charges that would flow into operating budgets if the commissioners approve the schedule.
Key numbers and mechanism Staff described a replacement total in the packet of about $1.4 million and identified an estimated exempt-finance cost…
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