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Predictive Funding

Funding for future projects based on the principles of linear funding, which is grounded in the ability to reasonably address uncertainty and probability.

Reserve studies are grounded on the principles of predictive funding whereby monies are allocated each fiscal year to a replacement reserve account so that funds are available and on hand before functional failure of an asset occurs.

The following types of events are excluded from predictive funding and are covered instead under and insurance policy:
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Fig. Three funding styles (predictive shown in green).

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