City of Stirling Buildings Asset Managment Plan 2018 - 2028

7.2 Funding strategy After reviewing service levels as appropriate to ensure ongoing financial sustainability, projected expenditures identified in Section 7.1.2 will be accommodated in the 10-year Long-Term Financial Plan.

7.3 Valuation forecasts Asset values are forecast to increase as additional assets are added to the asset stock from construction and acquisition of assets. Figure 7.3.1 below shows the projected gross replacement cost (GRC) asset values over the planning period in real values.

$520,000

$500,000

$480,000

$460,000

$440,000

GRC (thousands) $420,000

$400,000

$380,000

2019

2021

2024

2031

2027

2037

2028

2020

2026

2023

2029

2022

2032

2033

2035

2034

2038

2030

2036

2025

Year

Figure 7.3.1 Projected building values

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