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Is it a Reserve Component (or a Capital Improvement)?

/ Owner - March 8, 2024

So the first criteria for a Reserve component is that it exists. If it does not exist, it is a new asset to the community, and therefore a Capital Improvement. But what about a black-and-white closed circuit camera system? Can it be replaced through Reserves with a color-digital system with a one-week digital video backup system? Such a system is obviously new (of course), and different (color, and now with storage), but I would argue that it continues to serve the intended purpose of the original asset, with current technology.    Read the article…………………………….

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