Annual Capital Expenditures Projection

Our team maintains close communication with each community, continuously monitoring asset conditions and operations. This proactive approach enables us to track progress on resolutions and deliver both annual and long-term projections, ensuring a well-informed and effective budgeting process.

Benefits:

• Timely Issue Resolution:
  By staying in close touch and tracking asset conditions, issues can be identified and addressed promptly, reducing the risk of costly breakdowns or delays
•  Informed Budgeting:
  Regular monitoring provides accurate data for both annual and long-term projections, leading to more precise and effective budgeting decisions
• Improved Asset Longevity:
  Continuous oversight helps optimize maintenance schedules, extending the life of assets and reducing the need for premature replacements.
• Enhanced Financial Planning:
  With clear visibility into asset conditions and operational performance, financial planning becomes more strategic, allowing for better allocation of resources.
• Data-Driven Decision Making:
  The collection of ongoing data allows for informed decisions based on real-time insights, improving overall management efficiency.
• Stronger Community Relationships:
  Regular communication with each facility fosters trust and collaboration, ensuring that everyone is aligned and working towards common goals.
• Risk Mitigation:
  By keeping a close watch on asset conditions, potential risks can be identified early, minimizing the likelihood of unexpected expenses or disruptions.

What’s included

• Established and clear communication plan with each facility, including regular check-ins and updates.
• We offer short-term and long-term financial projections based on current asset conditions and anticipated future needs
• Assistance in creating a budget that allocates resources effectively, considering potential maintenance, replacement, and upgrade costs
• Projection needed for special projects or improvements requested by the owner.