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53 <br /> $34.9 MILLION PER YEAR BUDGET (2% CRV) <br /> Industry best practices suggest districts should spend 2 percent of the CRV on periodic renewals <br /> annually,for Orange County this means investing$34.9 million annually on periodic renewals.Figure <br /> 6-3 shows the OSI degrading from a 3.21 to a 4.27 over the next ten years.This indicates that a funding <br /> level of$34.9 million over ten years decreases the condition of the building systems, resulting in an <br /> average remaining useful life of building systems and components less than 30 percent <br /> Figure 6-3:OSI Prediction Following Orange County's Capital Improvement Plan <br /> $40 0 <br /> 0 <br /> x <br /> $30 <br /> 2 <br /> U <br /> 0 $20 <br /> 4 <br /> $10 � <br /> O <br /> $0 6 <br /> 0 1 2 3 4 5 6 7 8 9 10 <br /> Year <br /> $27.5 MILLION PER YEAR BUDGET (PRIORITIZED ONGOING <br /> CAPITAL RENEWALS) <br /> Based on the facility condition assessment and recommended long-range facilities optimization plan, <br /> Orange County should anticipate an average annual expenditure of$27.5 million annually for ongo- <br /> ing capital renewals. Figure 6-4 shows the OSI degrading from a 3.21 to a 4.41 over the next ten years <br /> at this investment level.This indicates that a funding level of$27.5 million over ten years decreases <br /> the condition of the building systems,resulting in an average remaining useful life of building systems <br /> and components less than 30 percent. <br /> Figure 6-4:OSI Prediction if$40M is Spent in on Facility Improvements Every Year <br /> $40 0 <br /> c <br /> 0 <br /> — x <br /> $30 <br /> c <br /> 2 <br /> u <br /> 0 $20 WU N <br /> 4 76 <br /> $10 <br /> O <br /> $0 6 <br /> 0 1 2 3 4 5 6 7 8 9 10 <br /> Year <br /> 27 <br />