I certainly don't see how hiring staff can be capital improvement since staff get paid every year, and don't really see roads either since a section of road can be built or paved every year and even most bridges can be built slowly over a number of years, or built one year instead of repaving any roads that year. Fire trucks are the same way and also can be purchased used and repaired and maintained over time suing staff mechanics with expenditures spread out, and also rotating departments, so buying a fire truck one year, a road grader the next and a police car the next, with no 2 vehicles in the same year and perhaps no road or bridge upgrades in the same year as a replacement vehicle. So the exception I see is new buildings, where wooden walls might rot if the roof isn't completed in the same year as the walls, and potentially site acquisition for such buildings, though with luck, It should be possible to sell old sites in the same or preceding years as acquiring new sites. Another problem might be if you want new technology like an electric fire truck, but I don't see a small rural town needing an electric fire truck.
@alan6832
9 күн бұрын
I feel like governments skimp on ongoing maintenance and then need to replace things needing capital, where if they just budgeted adequate maintenance, the costs would be regular with no need for capital.
@alan6832
9 күн бұрын
Self insurance is a legitimate capital need though, if you have no capital liability fund, then you need insurance and low deductability insurance, and then you find yourselves ruled by insurance companies. If you want independence from the insurers, then you need a capital liability fund.
Пікірлер: 3