Summary Screen

The Cost Allocation Summary will interpret the inputs of the preceding screens and distribute cost share allocations into Renewal, Backlog and Growth according to the method chosen.

The portion of a planned (or completed) capital project providing capacity in excess of existing community demand at the current agreed levels of service.

The portion of a planned (or completed) capital project that is required to rectify a shortfall in service capacity to meet existing community demand at the current agreed levels of service.

The gross cost of replacing an existing asset with a modern equivalent asset to the same function and capacity at the end of its life.

Renewal is about the "money put aside" in anticipation of the cost for replacing the asset at some future time. This should not be confused with the asset replacement activity. The asset replacement activity (or rehabilitation work) draws on the knowledge that an asset is reaching the end of its life and is the work planned to ensure that the integrity of the service is maintained. The rehabilitation work may also include elements of backlog and growth to ensure the integrity of the service for some time into the future.

Funding sources will be initially allocated to the default funding source assigned in the Sub-activities Funding screen.