Capital Asset Maintenance & Replacement

Maintaining high quality infrastructure is essential to the economic vitality and quality of life of communities. After an asset has been acquired, it needs to be maintained the standard that will allow the government to deliver the level of serivce desired by the community.

  • Inventory assets and ascertain physical condition. Knowing what assets a government has and the condition they are in is the first step towards a comprehensive asset maintenance strategy.
  • Establish maintenance standards by asset class. Having standards allows the government to compare actual condition to the standard and, thereby, identify the biggest need for maintenance.
  • Evaluate infrastructure and set priorities. With standards in place, the government can set priorities for asset maintenance.
  • Develop maintenance funding policies. Policies establish the intent to fund maintenance and create actual funding mechanisms.


GFOA Best Practices

GFOA identified the following best practices related to capital planning and budgeting.



Government Finance Review

GFOA Research


Additional GFOA Resources




GFOA Conference

GFOA Research


Best Practices


Other Links and Resources

Other Links

GFOA Distinguished Budget Presentation Award winners (see “special recognition” column, filter for “capital”)

American Society of Civil Engineers Report Card for America’s Infrastructure

Case Studies

Town of Gilbert, AZ

City of Denver, CO