CRF: Parking Facilities
Parking fund · Parking Fund · 20-year horizonEvery figure the reserves table quotes for this fund, derived again here line by line. The bar in a public meeting is not trust-the-software; it is check line four.
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The answer
At today's deposit of $84,000 this fund covers every draw on the horizon. Nothing more is required.
One recurrence, applied 20 times: balance = balance × (1 + 0.0%) + deposit − draws. Deposits are today’s figure, held flat. No solver and no goal-seek — the answers below are closed-form, so the same inputs always give the same figures.
Balance, both ways
negatives are shown, never floored — a fund going under is the findingAt today’s depositWith the gradual step-up
The roll-forward, line by line
every draw names its projects| Year | Deposit | Draws | Drawn by | Balance | Step-up deposit | Balance, stepped |
|---|---|---|---|---|---|---|
| Opening | available, net of commitments, as of 31 Oct 2025 | $301,874 | $301,874 | |||
| FY2028 | $84,000 | $25,300 | EV Charging Stations lower deck $25,300 | $360,574 | $84,000 | $360,574 |
| FY2029 | $84,000 | $310,500 | Pay & Display Meter Stations (21) $157,500Control Access Equipment $125,000Sealing exposed bricks $28,000 | $134,074 | $84,000 | $134,074 |
| FY2030 | $84,000 | $101,900 | Security Cameras Pkg 7 Leb $50,700Expansion Joint and Capstones $34,200Lot 5 West Wheelock $17,000 | $116,174 | $84,000 | $116,174 |
| FY2031 | $84,000 | $42,000 | Lot 1 Paving $42,000 | $158,174 | $84,000 | $158,174 |
| FY2032 | $84,000 | $33,000 | Lebanon St Lot 7 parking $33,000 | $209,174 | $84,000 | $209,174 |
| FY2033 | $84,000 | $77,650 | 911 Call Boxes/cell mesh network $38,650Garage joint/membrane repair $20,000CCTV Cameras Parking Garage & Lot 1 $19,000 | $215,524 | $84,000 | $215,524 |
| FY2034 ·beyond the window | $84,000 | $138,000 | Lighting upgrades $80,000Hopkin Center Parking $58,000 | $161,524 | $84,000 | $161,524 |
| FY2035 ·beyond the window | $84,000 | $30,000 | Pay & Display Meter Station (4) $30,000 | $215,524 | $84,000 | $215,524 |
| FY2036 ·beyond the window | $84,000 | $20,000 | Allen Lot Paving $20,000 | $279,524 | $84,000 | $279,524 |
| FY2037 ·beyond the window | $84,000 | — | $363,524 | $84,000 | $363,524 | |
| FY2038 ·beyond the window | $84,000 | $25,000 | Banwell Lot $25,000 | $422,524 | $84,000 | $422,524 |
| FY2039 ·beyond the window | $84,000 | — | $506,524 | $84,000 | $506,524 | |
| FY2040 ·beyond the window | $84,000 | — | $590,524 | $84,000 | $590,524 | |
| FY2041 ·beyond the window | $84,000 | — | $674,524 | $84,000 | $674,524 | |
| FY2042 ·beyond the window | $84,000 | $51,000 | Lot 1 Lighting $51,000 | $707,524 | $84,000 | $707,524 |
| FY2043 ·beyond the window | $84,000 | — | $791,524 | $84,000 | $791,524 | |
| FY2044 ·beyond the window | $84,000 | $440,000 | Structural, membrane, Cosmetic & repairs $440,000 | $435,524 | $84,000 | $435,524 |
| FY2045 ·beyond the window | $84,000 | — | $519,524 | $84,000 | $519,524 | |
| FY2046 ·beyond the window | $84,000 | — | $603,524 | $84,000 | $603,524 | |
| FY2047 ·beyond the window | $84,000 | — | $687,524 | $84,000 | $687,524 |
What is lingering just outside the window
this is what drives the contribution| Year | Asset | Draw |
|---|---|---|
| FY2034 | Lighting upgrades | $80,000 |
| FY2034 | Hopkin Center Parking | $58,000 |
| FY2035 | Pay & Display Meter Station (4) | $30,000 |
| FY2036 | Allen Lot Paving | $20,000 |
| FY2038 | Banwell Lot | $25,000 |
| FY2042 | Lot 1 Lighting | $51,000 |
| FY2044 | Structural, membrane, Cosmetic & repairs | $440,000 |
A fund can look over-funded inside a six-year window and be correctly funded once the assets landing beyond it are on screen. The recommended contribution is computed on the full horizon, which is why this panel exists.