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Summary of "Additional Needs" <br />with all three budget levels <br />Budget Level Initial Add'I need Add'I @ 10 years <br />$10,000,000 $46,900,000 $5,900,000 <br />$8,500,000 $48,400,000 $31,900,000 <br />$6,250,000 $50,650,000 $70,248,000 <br />This analysis is a very powerful resource planning tool, which allows the development of a long- <br />term management strategy. Two key conclusions of this specific analysis are: <br />A "best to worst" treatment priority. Early intervention is key. Pavements deteriorate <br />only 40% in quality in the first 7S% of their life, this deterioration subsequently <br />accelerates rapidly, resulting in another 40% drop in the next 12% of life. Preventive <br />maintenance that can be applied in a timely manner is very cost effective. <br />Establishment of a slurry seal program to be applied to the local street system (FC-S). Slurry <br />seals are a very cost effective treatment for less traveled segments. <br />SUMMARY <br />Current cost estimates for treatment of the improved system, based on the 2000 inspection <br />ratings indicate that a budget of approximately $S2.S million dollars would be required to meet <br />the current needs. <br />The future funding needs for a projected 10 year period are as follows: A $6.25 million annual <br />budget over 10 years would create an additional needs of $70.2 million, while an $8.S million <br />annual budget would reduce the additional needs to $31.9 million, and lastly a $ 10 million <br />budget would further reduce the projected additional needs to $S.9 million at the end of the 10 <br />year period. <br />A final network analysis evaluation using an un-constrained budget level over a 10 year period <br />shows that an "additional needs" budget of between 3.0 and 3.S million would be required to <br />maintain the pavement system if all of the current needs were met. <br />,_ <br />Page 11 <br />