Asset replacement projects will be included in the Repair and Replacement Schedule and the Capital Improvement Plan. It is a good idea to review both of these documents on an annual basis to determine if all of the listed projects are indeed necessary. Sometimes another look at the project list may reveal that some projects can safely be pushed back for several years or may not be needed due to changing condi tions. Each year the overall Repair and Replacement Schedule and Capital Improvement Plan must be revised to :Rreflect completion of the current years projects or the new schedule for those projects if they were not completed.Include , any changes to the projects on the list, and to add the additional year at the end of the project period to keep the list at 20 years.
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