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Lifespan <br />Everything wears out and requires either renovation or replacement <br />For example: <br />Building Roof: 20-30 years <br />Park Play equipment: 20 years <br />Irrigation Wells: 40 years <br />Pool plaster: 15 years <br />Median landscaping: 15 years <br />We have a spreadsheet to track our assets, with the lifespan and replacement cost of each. <br />Additionally, new legislation/rules can require replacement. For example, existing single wall fuel tanks must be replaced with dual containment system. We don’t attempt to predict future legislation. <br />Streets and other pavement are tracked separately in dedicated software called StreetSaver. <br />9