Savings Account
CERF Reorganized in FY 2010 & FY 2015
Fully fund capital equipment (vehicles)
Majority purchased with Cash & Bonds
— Limited purchases through grants & trust funds
Phase 1 — included all DPW, Fire, & Police
2010
— 245 line items (DPW 121, Police 77, Fire 47)
Phase 2 — included School & General City
Departments (Cemeteries, Purchasing, IT,
Building Maintenance., Communications, Library
and Community Services)
2013
— 60 line items (School 41, Admin/Engineering 5,
Other General City Departments 14)
CERF Overview
Ten year look at needs and budget
Reviewed annually with each division in
detail
Dollars are not meant to be exact
_- Some purchases are over, some are under
The CERF schedule is a living document
It is used as an estimator to aid in
determining budget needs and
replacements with inflation factor
AS value does not mean spend that
amount exactly...desire is to spend less
