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21

Capital Budget

A multi-year budget of anticipated capital expenditures (Capex) and the means of financing them. The capital budget is approved/ratified each year as part of the annual budget, which includes both operating and capital outlays. The capital budget helps fund the capital plan.

The capital budget includes a financial statement or financial plan with line items of expenses and interest income associated with reserve components and other long-term assets that are funded beyond the current fiscal year
TCO distributed across the different systems of a facilty or across the asset portfolio
Fig.  Distribution of capitatl budget costs by system.



1
Fig. Roof renewal is typically a large capital expense
 funded from a capital budget.


See also:
Compare with:

I. Care is trying to ensure that inflows match outflows, but this requires cooperation and teamwork
Fig. I. Care is trying to ensure that inflows match outflows, but this requires agreement on long-range stewardship, cooperation and teamwork.

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