Title
Capital Asset Management Program (CAMP) Briefing
Recommended Action
Briefing only. No action required.
Report
Issue:
Briefing on the Capital Asset Management Program (CAMP).
Staff Contact:
Laura Keehan, Parks Planning & Design Manager, 360.570.5855
Presenter(s):
Laura Keehan, Parks Planning & Design Manager, 360.570.5855
Paul Simmons, Parks, Arts & Recreation Director, 360.753.8462
Background and Analysis:
A key feature of the capital facilities planning process is asset management, which annually monitors the condition of existing facilities and infrastructure, identifies the maintenance needed, and determines when facilities need to be repaired or replaced. OPARD first created CAMP in 2008, however it wasn't until 2016 with the passage of the Olympia Metropolitan Parks District (OMPD) that reliable dedicated funding at the current level ($750,000 annually) was consistently available. It was also at this time that OPARD was able to dedicate reliable annual funding to Percival Landing ($150,000 annually).
Each year staff inspect 1/3 of Olympia's park system assets and assign a condition rating and replacement value. Then staff can calculate the total cost of deferred maintenance and the Facility Condition Index (FCI). The FCI is the metric used to describe the overall "health" of the assets in the park system. The FCI equals the total cost of deferred maintenance divided by the total replacement cost of all assets.
A single FCI number for the entire park system may not be the best way to show what assets require the most maintenance or make up the backlog. A single FCI is ok if every asset in the system is the exact same type or category, which is not the case for our park system. Staff has begun to calculate the FCI by asset category, i.e., ballfields, playgrounds, hiking trails (see 2023 CAMP Annual Report). This provides more helpful insight into the condition of the park system.
Comprehensive Plan or Parks, Arts & Recreation Plan Co...
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