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54 <br /> FUNDING SCENARIO SUMMARY <br /> Figure 6-5 compares the three funding scenarios and the impact to the condition of the school facil- <br /> ities.The unconstrained budget is unrealistic; however, it maintains a service level of approximately <br /> 2.8,indicating on average building systems have more than 50 percent of their useful life remaining.A <br /> budget of$27.5 million and$34.9 million per year over the next ten years will degrade the overall con- <br /> dition of the facilities, resulting in an OSI of 4.41 and 4.27, respectively.At either funding levels,the <br /> County can expect building systems across the portfolio will have less than 30 percent of their remain- <br /> ing useful life,on average.In addition,with an annual investment of$27.5 million or$34.5 million,the <br /> trend in condition beyond 10 years will continue downwards and the overall condition of the portfo- <br /> lio will continue to degrade. <br /> Figure 6-5:Comparison of the Three Funding Scenarios <br /> $400 0 <br /> 0 $350 <br /> $300 <br /> $250 2 W <br /> U $200 <br /> $150 — <br /> 4 <br /> $100 <br /> $50 `� ZMOLL 6 <br /> $0 <br /> 0 1 2 3 4 5 6 7 8 9 10 <br /> Year <br /> �27.5mil/year Unconstrained Replace 34.9 mil/year Replace <br /> —27.5mil/year OSI —Unconstrained OSI —34.9 mil/year OSI <br /> Failing to address projected ongoing capital renewals will continue to increase the deferred <br /> maintenance backlog. Planning for some amount of ongoing deferred maintenance is common, <br /> as most institutions cannot afford all the capital renewals that would ideally be accommodated <br /> every year. However, as deferred maintenance backlogs grow, facilities reach the point where <br /> major facility renovation or replacement becomes a better long-term investment strategy than <br /> ongoing capital renewals and deferred maintenance. Orange County's educational facilities will <br /> continue to require significant and strategic investments for the foreseeable future to support <br /> the education of students in CHCCS and OCS. <br /> Table 6-2 on the following page provides details of the ongoing capital renewals needed per <br /> facility at CHCCS and OCS. <br /> 28 <br />