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stanik22's avatar

I'd like to know the details, engineering and costs, of these proposed projects because I don't think such projects are within financial standards of "need." I don't think the City Council is capable of assessing these projects properly, as to cost/benefit. So often, projects get proposed, voted and built only to find that they do not pay for themselves, are substandard, or valued only be certain groups within political boundaries. Costs should include financing of future problems deemed within the scope of the project:

Life-cycle costs: This refers to the total cost of ownership over the entire life of an asset or project, including initial investment, operating costs, maintenance, and eventual disposal.

Post-implementation costs: These are specifically the costs incurred after a project is implemented or completed.

Maintenance costs: Ongoing expenses required to keep an asset or project in good working condition.

Future cash outflows: In financial modeling, this term is used to describe any expected future expenses related to a project.

Total cost of ownership (TCO): Similar to life-cycle costs, this includes all direct and indirect costs associated with an asset or project over its entire lifespan.

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Ralph M Frid's avatar

Karen you are really to be congratulated on how well you get the word out! Thank you again and yet again

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