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Committee of the Whole/Documents/Appendix B Fleet Replacement Plan – 5-year excerpt
Appendix

Appendix B Fleet Replacement Plan – 5-year excerpt

October 10, 2023Page 352 sections

Financial forecast for vehicle replacements from 2023 through 2028, detailing funding sources.

6.3.3.b Fleet Vehicle and Equipment Replacement Plan Update
2024 planned vehicle expenditures: $1,805,000Fire Dept M&E Reserve contribution: $56,000 annuallyMachinery & Equipment Reserve contribution: $63,500 annually

Report to Committee of the Whole

Re: Vehicle Fleet Replacement Plan Meeting Date: October 10, 2023

Page 35

Appendix B: Fleet Replacement Plan – 5-year excerpt

Town of View Royal Fleet Replacement Plan 2024-2028 Financial Plan

Vehicles Fire / Municipal 2023 2024 2025 2026 2027 2028
1996 Kubota Municipal 33,000
2003 Ford F350 - Dually Dump Municipal 100,000
2010 Nissan Frontier Municipal 55,000
2011 Ford Ranger Splash Municipal
2012 Mitsubishi Dump Municipal
2013 Honda Fit Municipal 55,000
2019 Chevrolet Silverado 1500 Municipal
2019 Hyundai Ionic Municipal
2020 Mitsubishi PHEV Municipal
2021 John Deere #1025R Municipal
2021 John Deere #3039R Municipal
2023 Chevrolet Silverado 1500 Municipal 62,000
2023 Chevrolet 1 Ton Municipal 85,000
1991 Navistar Int'l Brush Truck #32 Fire 350,000
1992 Superior E-One #38 Fire 1,400,000
2000 Zodiac #34 Fire
2002 Chevrolet Venture #300 Fire 55,000
2005 Smeal Spartan Aerial #35 Fire
2009 Chevrolet Tahoe #31 Fire
2012 Smeal Spartan Gladiator #39 Fire
2015 Chevrolet Colorado #302 Fire
2016 Ford F150 #33 Fire
2016 Ford F150 #37 Fire
2019 Chevrolet Tahoe #30 Fire
2019 SVI Emergency Rescue #36 Fire
Fire Hose Inventory Fire 25,000 27,600
SCBA Inventory Fire 35,000 38,600
Subtotal 240,000 1,805,000 155,000 - 55,000 66,200

Funding Source

Funding source Fire / Municipal 2023 2024 2025 2026 2027 2028
Fire Dept M&E Reserve Fire (60,000) - (55,000) - - (66,200)
Machinery & Equipment Reserve Municipal (180,000) (55,000) (100,000) - (55,000) -
Debt - - - - - -
Grants or other - (1,750,000) - - - -
Subtotal (240,000) (1,805,000) (155,000) - (55,000) (66,200)
Check - - - - - -

Continuity Schedules

Fire Dept M&E Reserve

Description Annual Contribution 2023 2024 2025 2026 2027 2028
Opening bal 140,089 114,331 173,738 178,233 238,918 300,816
Contribution 56,000 32,000 56,000 56,000 56,000 56,000 56,000
Draws (60,000) - (55,000) - - (66,200)
Interest earned (assuming 2%) 2,242 3,407 3,495 4,685 5,898 5,812
Ending bal 114,331 173,738 178,233 238,918 300,816 296,428

Machinery & Equipment Reserve

Description Annual Contribution 2023 2024 2025 2026 2027 2028
Opening balance 371,044 259,634 273,494 241,734 311,334 326,234
Contribution 63,500 63,500 63,500 63,500 63,500 63,500 63,500
Draws (180,000) (55,000) (100,000) - (55,000) -
Interest earned (assuming 2%) 5,090 5,360 4,740 6,100 6,400 7,790
Ending balance 259,634 273,494 241,734 311,334 326,234 397,524
Page 35
Extracted from: 2023 10 10 Committee of the Whole Agenda - Agenda - Pdf