RESERVE DATA ANALYSIS est.1983

Transcription

1 RESERVE DATA ANALYSIS est.1983 Office (866) Bellevue Way NE, #483, Bellevue, WA SAMPLE MUSEUM Level 1 Full Reserve Study (With Site-Visit) Prepared For Fiscal Year 1/86

2 Contents 1 Title Page 2 Table of Contents 3 Preface 4 Reserve Disclosures (Part 1) 5 Reserve Disclosures (Part 2) 6 Cash Flow Analysis 7 Yearly Review Chart 8 Disbursement By Year 9 Reserve Balance Distribution 10 Allocation Breakdown 11 Category Breakdown Chart 12 Fully Funded Balance Breakdown 13 Category Summary 14 Component Details 15 Field Report (L1/L2) Appendices 14 All Rights Reserved. 2/86

3 Preface The individual responsible for report preparation and/or oversight is Joel Tax. Information contained in the report is considered reliable, but is not guaranteed. The report does not warrant against the contingency of unforseen conditions or circumstances, unreliable information, or an unpredictable inflationary or deflationary spiral. The report is not intended to predict precise expectations, but rather to chart the expectations that a reasonable person might anticipate in planning for the fiscal future. The scope of this report is expressly limited to the components described herein. It is strongly recommended by the Reserve Study Industry to have this reserve study report updated on an annual basis to ensure the security of a long-term funding plan. These necessary updates provide statutory compliance (as applicable) and allow for adjustments due to actual year-end inflation rate, actual year-end reserve balance and the unpredictable nature of the lives of many of the reserve components under consideration. 3/86

4 Reserve Disclosures Profile Name Location Units/General Type Base Year / Age Fiscal Year Ends Sample Museum Seattle, WA / Commercial 13 / 2 December-31 Parameters Level of Service Prepared for Fiscal Year (FY) Most Recent On-Site Inspection Date Allocation Increase Rate Contingency Rate Inflation Rate Interest Rate / Tax Rate Interest Rate (net effective) Current Reserve Allocation Current Reserve Balance Funding Plan - Method / Goal Level 1 Full Reserve Study (With Site-Visit) February 10, 15 ref Cash Flow Analysis ref Component Details 3.0% 1.0% / 0.0% 1.0% $48,000 per year $310,000 as of January 01, Cash Flow / Threshold - achieve 100% Percent Funded in 30 years Summary FY Start Balance Fully Funded Balance Percent Funded $99,0 $376,915 26% (projected to current FY end/next FY start) Proposed Budget per year per month per unit per month Reserve Allocation $127,198 $10,600 $ Association management/members need to understand that Percent Funded is a general indication of reserve strength and that the parameter fluctuates from year to year due to the Disbursement Schedule. The Reserve Allocation was determined using the Funding Plan indicated above under the Parameters section. This allocation should be increased annually using the Allocation Increase Rate found in the Cash Flow Analysis. Association management should budget the Reserve Allocation amount toward reserves for next fiscal year, to ensure the availability of reserves to fund future reserve component expenditures. This amount reflects an increase of 5.00 % from the Current Reserve Allocation. The Reserve Allocation must be reviewed and adjusted for inflation (and other vital factors) in succeeding years to ensure the- Security of a Successful Plan! 4/86

5 Reserve Disclosures Reserve Component Current Cost Useful Life Remaining Life 01 Auditorium Accessibility Lift Cinema Projection System Cinema Sound System - Retrofit Curtains Curtains Power Control and Track System Gypsum Board Suspended Ceiling - Refinish 17 Kaleidescape Server 8 5 Projection Screen with Power Lift Seating - Theatre Style Bathroom Fixtures Bathroom Countertops $5, Bathroom Partitions $6, Bathroom Sinks $5, Bathroom Urinal Partition $ Bathroom Urinals $4, Bathroom Water Closets $6, Bistro Appliances - Bar Refrigerator (Under-counter) Appliances - Beverage Cooler Boxes 17 Appliances - Commercial Coffee Grinder Appliances - Commercial Duel Coffee Maker Appliances - Commercial Hot Water Dispenser Appliances - Countertop Induction Range/Cooker 10 7 Appliances - Freezer (Under-counter) Appliances - Holding Cabinets 17 Appliances - Ice Machine (Under-counter) 10 7 Appliances - Meat Slicer 17 Appliances - Metal Grid Shelf Carts Appliances - Prep Refrigerator (Moveable) Appliances - Rack Style Dishwasher 10 7 Appliances - Refrigerator (True, Two Section) Appliances - Stainless Cleaning Station Single Sink Appliances - Stainless Cleaning Station Single Sink with Dishwasher Appliances - Stainless Prep Sink, Triple Sink Appliances - Stainless Prep Table /86

6 Reserve Disclosures Reserve Component Current Cost Useful Life Remaining Life 03 Bistro Appliances - Stainless Table Appliances - Turbo Chef High Speed Convection Micro Oven 17 Bistro Counters and Cabinets - Refurbish 17 Bistro/Kitchen Plumbing - Repair Contingency Computer Equipment 8 5 Indoor Furnishings - Bench Seat 17 Indoor Furnishings - Large Tables 17 Indoor Furnishings - Small Tables 17 Indoor Furnishings - Stackable Leland Chairs 17 Kitchen Backflow Devices - Rebuild/Replace 12 9 Outdoor Furnishings - Large Patio Tables 10 7 Outdoor Furnishings - Patio Chairs 10 7 Outdoor Furnishings - Propane Heaters 10 7 Outdoor Furnishings - Small Patio Tables 10 7 Outdoor Furnishings - Umbrellas 10 7 TV Monitor Building Exterior Metal Siding - Replace $12, Stone Veneer - 50% Repair Contingency $6, Tigerwood Rainscreen Siding - Replace $53, Ceiling & Wall Finishes Acoustic Tile Suspended Ceiling - 5% Repair Contingency $1, Acoustic Tile Suspended Ceiling - Refinish $15, Acoustic Tile Suspended Ceiling - Replace $49, Gypsum Board Suspended Ceiling - 5% Repair Contingency $1, Gypsum Board Suspended Ceiling - Refinish $14, Gypsum Board Suspended Ceiling - Replace $42, Gypsum Board Walls (In Galleries Only) - 25% Repair/Replace Contingnecy $14, Classroom Chairs - Stackable Classroom Classroom Projector Classroom Projector Screen /86

7 Reserve Disclosures Reserve Component Current Cost Useful Life Remaining Life 06 Classroom Storage Cabinets Doors Exterior Metal Doors $4, Glass Storefront Entry Door Auto Openers $5, Glass Storefront Entry Doors $17, Interior Doors $24, Pocket Doors $3, Elevator Elevator Cab Refurbish & Door Package $, Elevator System - Maintenance/Repairs 1 1 Elevator System - Modernize/Upgrade $75, Event Equipment Chairs - Stackable Fabric Covered Tables - Folding Fire Systems Backflow for Fire System $2, Fire System - Testing & Minor Repairs 1 1 Fire System Panel - Upgrade/Modernize $6, Fire System Sprinkler Heads - Replace $17, Floor Finishes Carpet Flooring - Auditorium $5, Carpet Flooring - Lower Level $9, Carpet Flooring - Sherry Grover Gallery $3, Carpet Flooring - Upper Level $9, Concrete Flooring Refinish - Auditorium $2, Concrete Flooring Refinish - Lower Level $22, Concrete Flooring Refinish - Main Level $10, Hardwood Flooring Refinish - Grand Staircase $1, Hardwood Flooring Refinish - Main & Upper Level $42, Hardwood Flooring Refinish - Stage $1, Hardwood Flooring Replace - Grand Staircase $22, Hardwood Flooring Replace - Main & Upper Level $129, Hardwood Flooring Replace - Stage $5, Tile Flooring - Main Level Bathrooms $6, Tile Flooring - Upper Level Bathrooms $6, /86

8 Reserve Disclosures Reserve Component Current Cost Useful Life Remaining Life 11 Floor Finishes 11. Vinyl Flooring - Upper Level Bathroom $ Vinyl/Lino Flooring - Classroom Upper Level $12, Gallery - Furnishings Day Lounger Exhibit Display Cabinet Exhibit Display Pedestal Partition Walls 17 Sherry Grover - Display Cabinets Sherry Grover - Display Table Case Sherry Grover - Stackable Leland Chairs 17 Sherry Grover - TV 10 7 Small Tables Stanchions 17 Wood Benches Wood Table Sets Glazing Systems Louver Sun Shade System - Replace $93, Storefront Type (Exterior) - Repair $27, Storefront Type (Exterior) - Replace $46, Storefront Type (Interior) - Repair/Replace 1 1 Structural Glazing Systems - Repair $1,1 17 Structural Glazing Systems - Replace $330, Window Interior Sun Shades - Replace $32, Kitchenette Appliances - Dishwashers Appliances - Microwaves 10 7 Appliances - Refrigerators Appliances - Sinks Cabinets & Countertops - Refurbish Landscaping & Irrigation Greenscreen Metal Vine Wall $7, Rooftop Garden - Membrane $7, Rooftop Garden - Renovate $19, Lighting - Exterior.01 Recessed Fixtures $4, /86

9 Reserve Disclosures Reserve Component Current Cost Useful Life Remaining Life 17 Lighting - Interior Lighting - Cove Light Fixtures $2, Lighting - Exhibit Track Fixtures $25, Lighting - Pendant Linear Fluorescent Fixtures $, Lighting - Recessed 2' x 2' Fixtures (Lower Level) $2, Lighting - Recessed Multilamp Fixtures $, Lighting - Recessed/Pendant Single Fixtures $13, Mechanical A/C Units, Ceiling Mounted (Mitsubishi) - Replace $13, A/C Units, Floor Mounted (Mitsubishi) - Replace $3, Air Handling Unit (11,230 CFM) - AHU #3 $50, Air Handling Unit (5,175 CFM) - AHU #2 $30, Air Handling Unit (800 CFM) - AHU #1 $13, Backflow Device for Mechanical $2, Boiler, Electric (563 MBH) - EB #1 $23, Chemical Feeder $2, Compressors 2hp, 29 Gallon $1, Dampers, Fire /Smoke $4, Dampers, Motorized Control $7, Expansion Tanks $9, Fans, Exhaust (300 CFM) - EF #1-2 $ Fans, Exhaust (340 CFM) - EF #2-1 $ Fans, Exhaust (380 CFM) - EF #L-1 $ Fans, Exhaust (850 CFM) - EF #1-1 $1,0 17 Fans, Scavenger (2,000 CFM) - #SF-L-1 $4, Fluid Cooler, Closed Loop $30, Generator - 14 KW $15, Heat Pumps Ton Geothermal Water to Air $36, Heat Pumps - Main and Upper Level HVAC $40, Humidifier - HUM #1 $3, Humidifier - HUM #2 $7, Pump, Circulation - Geothermal $10, Pump, Circulation Controls - Geothermal $2, Pump, In-Line Water Pump $4, Pump, In-Line Water Pump $4, Variable Air Volume Terminal (1,240 CFM) - VAV # Variable Air Volume Terminal (1,425 CFM) - VAV #2-3 9/86 $3, $3,

10 Reserve Disclosures Reserve Component Current Cost Useful Life Remaining Life 18 Mechanical # Variable Air Volume Terminal (1,475 CFM) - VAV #1-1 Variable Air Volume Terminal (1,610 CFM) - VAV #1-6 Variable Air Volume Terminal (195 CFM) - VAV #L -1 Variable Air Volume Terminal (2,100 CFM) - VAV #1-2 Variable Air Volume Terminal (2,180 CFM) - VAV #1-5 Variable Air Volume Terminal (425 CFM) - VAV #L -2 Variable Air Volume Terminal (485 CFM) - VAV #2-2 Variable Air Volume Terminal (550 CFM) - VAV #1-4 Variable Air Volume Terminal (660 CFM) - VAV #1-7 $3, $3, $1, $4, $4, $2, $2, $2, $2, Variable Frequency Drive (10 HP) - VFD #2 $3, Variable Frequency Drive (2 HP) - VFD #1 $5, Variable Frequency Drive ( HP) - VFD #3 $5, Water Storage Tank $9, Office Furnishings - Business Office Furnishings - Marketing Office 17 Office - Computer Equipment 8 5 Painting & Staining.01 Exterior Surfaces - Pressure Wash $5, Interior Surfaces 1 1 Louver Sun Shades - Paint (both sides) $13, Metal Siding - Refinish $3, Wood Siding & Overhang - Refinish $10, Plumbing Drinking Fountain $4, Duel Sump Pump $3, Duel Sump Pump Controls $2, Piping - Geothermal 1 1 Sewer Mains /86

11 Reserve Disclosures Reserve Component Current Cost Useful Life Remaining Life 21 Plumbing Water Heater $6, Water Heater Circulation Pump 1/6 hp $2, Water Mains Reception Computer Equipment Desk Retail Store Cabinets Computer Equipment 8 5 Display Pedestal Cabinets Display Tables Roofing Downspouts $1, Roof Deck - Guard Rail $5, Roof Deck - Paver System $2, Roof Hatch $1, Single Ply Membrane (PVC) - Replace $75, Skylights $17, Security Keri Systems - Key Fob System Upgrades $6, Security - Cameras Replace $23, Security - DVR Unit Modernization/Upgrade $4, Solar System Solar Panel Mounting Brackets $, Solar Panels - Replace $57, Solar Panels Controller - Replace $3, Grand Total: 4 $2,117,426 11/86

12 Cash Flow Analysis $840 $99,0 $272,419 $99,0 $992 $127, % $5,768 $221,582 $376, $221,582 $2,2 $131, % $12,250 $342,562 $482, $342,562 $3,426 $134, % $480,932 $587, $480,932 $4,809 $138, % $6,303 $618,431 $711,0 $618,431 $6,184 $143,2 3.0% $12,030 $755,747 $835, $755,747 $7,557 $147, % $,745 $890,0 $960, $890,0 $8,900 $151, % $109,825 $940,972 $1,084, $940,972 $9,410 $156, % $13,146 $1,093,673 $1,123,4 24 $1,093,673 $10,937 $1, % $72,089 $1,193,652 $1,266, $1,193,652 $11,937 $5, % $7,526 $1,364,028 $1,356, $1,364,028 $13,640 $170, % $14,364 $1,534,247 $1,5, $1,534,247 $15,342 $176, % $176,970 $1,548,691 $1,685, $1,548,691 $15,487 $181, % $17,035 $1,728,497 $1,692, $1,728,497 $17,285 $186, % $17,965 $1,914,612 $1,868, $1,914,612 $19,146 $192, % $76,923 $2,049,233 $2,053, $2,049,233 $,492 $198, % $41,080 $2,226,815 $2,187, $2,226,815 $22,268 $4, % $1,022,153 $1,431,045 $2,366, $1,431,045 $14,310 $210, % $1,655,594 $1,545, $1,655,594 $,556 $2, % $69,440 $1,819,256 $1,756, $1,819,256 $18,193 $223, % $18,742 $2,041,749 $1,908, $2,041,749 $,417 $229, % $110,223 $2,181,677 $2,122, $2,181,677 $21,817 $236, % $304,300 $2,135,8 $2,252, $2,135,8 $21,358 $243, % $50,084 $2,350,819 $2,193, $2,350,819 $23,508 $251, % $35,3 $2,590,047 $2,399, $2,590,047 $25,900 $258, % $13,484 $2,861,030 $2,632, $2,861,030 $28,610 $266, % $22,379 $3,133,585 $2,901, $3,133,585 $31,336 $274, % $922,171 $2,517,064 $3,174, $2,517,064 $25,171 $282, % $76,072 $2,748,707 $2,535, $2,748,707 $27,487 $291, % $24,454 $3,042,760 $2,756, $3,042,760 $30,428 $299, % $3,372,938 $3,042, % 46% 58% 68% 74% 79% 82% 84% 86% 88% 90% 91% 91% 92% 93% 94% 94% 93% 94% 95% 96% 97% 97% 98% 98% 99% 99% 99% 100% 100% 1.0% - Interest Rate Min FY End Balance: $221,582 Min % Funded: 26% 3.0% - Inflation Avg FY End Balance: $1,759,526 Avg % Funded: 87% 12/86

13 Cash Flow Analysis $840 $99,0 $272,419 $99,0 $992 $72, % $5,768 $6,448 $376, $6,448 $1,664 $74, % $12,250 $230,088 $482, $230,088 $2,301 $76, % $308,842 $587, $308,842 $3,088 $78, % $6,303 $384,374 $711,0 $384,374 $3,844 $81, % $12,030 $457,297 $835, $457,297 $4,573 $83, % $,745 $524,667 $960, $524,667 $5,247 $86, % $109,825 $506,138 $1,084, $506,138 $5,061 $88, % $13,146 $586,683 $1,123,4 24 $586,683 $5,867 $91, % $72,089 $611,750 $1,266, $611,750 $6,118 $94, % $7,526 $704,370 $1,356, $704,370 $7,044 $96, % $14,364 $793,899 $1,5, $793,899 $7,939 $99, % $176,970 $724,622 $1,685, $724,622 $7,246 $102, % $17,035 $817,580 $1,692, $817,580 $8,176 $105, % $17,965 $913,6 $1,868, $913,6 $9,136 $109, % $76,923 $954,837 $2,053, $954,837 $9,548 $112, % $41,080 $1,035,579 $2,187, $1,035,579 $10,356 $115, % $1,022,153 $139,424 $2,366, $139,424 $1,394 $119, % $259,930 $1,545, $259,930 $2,599 $122, % $69,440 $315,774 $1,756, $315,774 $3,158 $126, % $18,742 $426,556 $1,908, $426,556 $4,266 $130, % $110,223 $450,755 $2,122, $450,755 $4,508 $134, % $304,300 $285,024 $2,252, $285,024 $2,850 $138, % $50,084 $375,873 $2,193, $375,873 $3,759 $142, % $35,3 $486,541 $2,399, $486,541 $4,865 $146, % $13,484 $624,414 $2,632, $624,414 $6,244 $150, % $22,379 $759,6 $2,901, $759,6 $7,592 $155, % $922,171 $1 $3,174, $1 $0, % $76,072 $84,005 $2,535, $84,005 $840 $4, % $24,454 $225,269 $2,756, $225,269 $2,253 $9, % $397,347 $3,042, % 35% 39% 43% 46% 48% 48% 45% 46% 45% 46% 47% 43% 44% 44% 44% 44% 9% 15% 17% % % 13% % 18% 22% 24% 0% 3% 7% 1.0% - Interest Rate Min FY End Balance: $1 Min % Funded: 0% 3.0% - Inflation Avg FY End Balance: $485,029 Avg % Funded: 31% 12/86

14 $4,000,000 Yearly Review Chart Disbursement with Percent Funded Comparison 1% $3,500,000 $3,000, % Reserve Balance & Disbursement $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 80% 60% 40% % Percent Funded Disbursement FY End Balance Recommended Current % Baseline % 0% The Recommended reserve allocation rate gradually leads the association s reserve balance to a 100%, Fully Funded level within a 30 year period. There are some fluctuations in any given year due to projected component expenditures. The Current reserve allocation rate is not sufficient to keep the funding level above 0% funded for a large portion of the 30 year period covered in this study. Continuing with the current allocation rate carries significant risk as the reserve account balance is predicted to reach a balance within the 30 years covered in this study. The goal of the Baseline reserve allocation rate is to keep the reserve account cash balance above throughout the 30 year period of this study. Following a baseline allocation rate is not recommended by your reserve analyst as this type of funding plan can lead to unexpected special assessments and deferred maintenance due to fluctuations in actual life expectancies and fluctuations in actual costs in years where the reserve balance is near. ID2883-Sample Museum 13/86

15 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown $840 $5,768 $12,250 $ Vinyl Flooring - Upper Level Bathroom Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace $5, Exterior Surfaces - Pressure Wash.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs $1, Hardwood Flooring Refinish - Grand Staircase Storefront Type (Interior) - Repair/Replace.02 Interior Surfaces $11, Wood Siding & Overhang - Refinish Piping - Geothermal Sewer Mains Water Mains Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains 14/86

16 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown $6,303 $12,030 $, Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace $6, Exterior Surfaces - Pressure Wash.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains Kaleidescape Server Computer Equipment Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace Office - Computer Equipment.02 Interior Surfaces $12, Wood Siding & Overhang - Refinish Piping - Geothermal Sewer Mains Water Mains Computer Equipment Computer Equipment $2, Acoustic Tile Suspended Ceiling - 5% Repair Contingency $18, Acoustic Tile Suspended Ceiling - Refinish Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains 15/86

17 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown 22 $109, Appliances - Countertop Induction Range/Cooker Appliances - Ice Machine (Under-counter) Appliances - Rack Style Dishwasher Outdoor Furnishings - Large Patio Tables Outdoor Furnishings - Patio Chairs Outdoor Furnishings - Propane Heaters Outdoor Furnishings - Small Patio Tables Outdoor Furnishings - Umbrellas TV Monitor $3, Pocket Doors Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs $6, Carpet Flooring - Auditorium $11, Carpet Flooring - Lower Level $4, Carpet Flooring - Sherry Grover Gallery $11, Carpet Flooring - Upper Level $1, Hardwood Flooring Refinish - Grand Staircase $51, Hardwood Flooring Refinish - Main & Upper Level $2, Hardwood Flooring Refinish - Stage Day Lounger Sherry Grover - TV Storefront Type (Interior) - Repair/Replace Appliances - Microwaves $6, Exterior Surfaces - Pressure Wash.02 Interior Surfaces $4, Metal Siding - Refinish $5, Drinking Fountain Piping - Geothermal Sewer Mains Water Mains /86

18 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown $13,146 $72, Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace.02 Interior Surfaces $13, Wood Siding & Overhang - Refinish Piping - Geothermal Sewer Mains Water Mains Kitchen Backflow Devices - Rebuild/Replace Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace $13, Pump, Circulation - Geothermal $5, Pump, In-Line Water Pump $5, Pump, In-Line Water Pump.02 Interior Surfaces $3, Duel Sump Pump Piping - Geothermal Sewer Mains Water Mains $7, Keri Systems - Key Fob System Upgrades $30, Security - Cameras Replace $5, Security - DVR Unit Modernization/Upgrade 25 $7, Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace $7, Exterior Surfaces - Pressure Wash.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains 17/86

19 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown $14,364 $176, Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace.02 Interior Surfaces $14, Wood Siding & Overhang - Refinish Piping - Geothermal Sewer Mains Water Mains Cinema Projection System Cinema Sound System - Retrofit Appliances - Bar Refrigerator (Undercounter) Appliances - Commercial Coffee Grinder Appliances - Commercial Duel Coffee Maker Appliances - Commercial Hot Water Dispenser Appliances - Freezer (Under-counter) Appliances - Prep Refrigerator (Moveable) Appliances - Refrigerator (True, Two Section) 03. Appliances - Stainless Cleaning Station Single Sink with Dishwasher Bistro/Kitchen Plumbing - Repair Contingency Classroom Projector Elevator System - Maintenance/Repairs $3, Backflow for Fire System Fire System - Testing & Minor Repairs $1, Hardwood Flooring Refinish - Grand Staircase Storefront Type (Interior) - Repair/Replace $27, Rooftop Garden - Renovate $3, Backflow Device for Mechanical $33, Boiler, Electric (563 MBH) - EB #1 $3, Chemical Feeder $1, Fans, Exhaust (300 CFM) - EF #1-2 18/86

20 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown $176,970 $17,035 $17,965 $1, Fans, Exhaust (340 CFM) - EF #2-1 $1, Fans, Exhaust (380 CFM) - EF #L-1 $4, Humidifier - HUM #1 $9, Humidifier - HUM #2.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains $81, Solar Panels - Replace $4, Solar Panels Controller - Replace Kaleidescape Server Computer Equipment Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace Office - Computer Equipment $8, Exterior Surfaces - Pressure Wash.02 Interior Surfaces Piping - Geothermal Sewer Mains $8, Water Heater Water Mains Computer Equipment Computer Equipment Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace $2, Compressors 2hp, 29 Gallon.02 Interior Surfaces $15, Wood Siding & Overhang - Refinish Piping - Geothermal Sewer Mains Water Mains 19/86

21 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown $76,923 $41,080 $1,022,153 $2, Acoustic Tile Suspended Ceiling - 5% Repair Contingency $24, Acoustic Tile Suspended Ceiling - Refinish Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace $49, Window Interior Sun Shades - Replace Appliances - Dishwashers Appliances - Refrigerators.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains $32, Elevator Cab Refurbish & Door Package Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace $8, Exterior Surfaces - Pressure Wash.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains Gypsum Board Suspended Ceiling - Refinish $9, Bathroom Partitions $1, Bathroom Urinal Partition Appliances - Beverage Cooler Boxes Appliances - Countertop Induction Range/Cooker Appliances - Holding Cabinets Appliances - Ice Machine (Under-counter) Appliances - Meat Slicer Appliances - Rack Style Dishwasher 03. Appliances - Turbo Chef High Speed Convection Micro Oven /86

22 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown 32 $1,022, Bistro Counters and Cabinets - Refurbish Indoor Furnishings - Bench Seat Indoor Furnishings - Large Tables Indoor Furnishings - Small Tables Indoor Furnishings - Stackable Leland Chairs Outdoor Furnishings - Large Patio Tables Outdoor Furnishings - Patio Chairs Outdoor Furnishings - Propane Heaters Outdoor Furnishings - Small Patio Tables Outdoor Furnishings - Umbrellas TV Monitor $10, Stone Veneer - 50% Repair Contingency $82, Acoustic Tile Suspended Ceiling - Replace $3, Gypsum Board Suspended Ceiling - 5% Repair Contingency $23, Gypsum Board Suspended Ceiling - Refinish $23, Gypsum Board Walls (In Galleries Only) - 25% Repair/Replace Contingnecy Chairs - Stackable Classroom $8, Glass Storefront Entry Door Auto Openers $28, Glass Storefront Entry Doors $4, Pocket Doors Elevator System - Maintenance/Repairs Chairs - Stackable Fabric Covered Tables - Folding Fire System - Testing & Minor Repairs $8, Carpet Flooring - Auditorium $15, Carpet Flooring - Lower Level $6, Carpet Flooring - Sherry Grover Gallery $, Carpet Flooring - Upper Level $1, Hardwood Flooring Refinish - Grand Staircase $69, Hardwood Flooring Refinish - Main & Upper Level $2, Hardwood Flooring Refinish - Stage Day Lounger 21/86

23 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown 32 $1,022, Partition Walls Sherry Grover - Stackable Leland Chairs Sherry Grover - TV Stanchions $45, Storefront Type (Exterior) - Repair Storefront Type (Interior) - Repair/Replace $198, Structural Glazing Systems - Repair Appliances - Microwaves $7, Recessed Fixtures $22, A/C Units, Ceiling Mounted (Mitsubishi) - Replace $4, A/C Units, Floor Mounted (Mitsubishi) - Replace $82, Air Handling Unit (11,230 CFM) - AHU #3 $49, Air Handling Unit (5,175 CFM) - AHU #2 $22, Air Handling Unit (800 CFM) - AHU #1 $14, Expansion Tanks $1, Fans, Exhaust (850 CFM) - EF #1-1 $7, Fans, Scavenger (2,000 CFM) - #SF-L-1 $49, Fluid Cooler, Closed Loop $59, Heat Pumps Ton Geothermal Water to Air $66, Heat Pumps - Main and Upper Level HVAC $8, Variable Frequency Drive (2 HP) - VFD #1 $9, Variable Frequency Drive ( HP) - VFD # Furnishings - Business Office Furnishings - Marketing Office.02 Interior Surfaces $21, Louver Sun Shades - Paint (both sides) $5, Metal Siding - Refinish $17, Wood Siding & Overhang - Refinish $6, Drinking Fountain Piping - Geothermal Sewer Mains $3, Water Heater Circulation Pump 1/6 hp 22/86

24 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown $1,022, Water Mains Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains 23/86

25 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown 34 $69, Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace $5, Variable Air Volume Terminal (1,240 CFM) - VAV #2-1 $5, Variable Air Volume Terminal (1,425 CFM) - VAV #2-3 $5, Variable Air Volume Terminal (1,475 CFM) - VAV #1-1 $6, Variable Air Volume Terminal (1,610 CFM) - VAV #1-6 $2, Variable Air Volume Terminal (195 CFM) - VAV #L-1 $7, Variable Air Volume Terminal (2,100 CFM) - VAV #1-2 $7, Variable Air Volume Terminal (2,180 CFM) - VAV #1-5 $3, Variable Air Volume Terminal (425 CFM) - VAV #L-2 $3, Variable Air Volume Terminal (485 CFM) - VAV #2-2 $3, Variable Air Volume Terminal (550 CFM) - VAV #1-4 $3, Variable Air Volume Terminal (660 CFM) - VAV #1-7 $6, Variable Frequency Drive (10 HP) - VFD #2 $9,8.01 Exterior Surfaces - Pressure Wash.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains 24/86

26 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown $18,742 $110, Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace.02 Interior Surfaces $18, Wood Siding & Overhang - Refinish Piping - Geothermal Sewer Mains Water Mains Kaleidescape Server Computer Equipment Kitchen Backflow Devices - Rebuild/Replace Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace $19, Pump, Circulation - Geothermal $3, Pump, Circulation Controls - Geothermal $7, Pump, In-Line Water Pump $7, Pump, In-Line Water Pump Office - Computer Equipment.02 Interior Surfaces $5, Duel Sump Pump $3, Duel Sump Pump Controls Piping - Geothermal Sewer Mains Water Mains Computer Equipment Computer Equipment $11, Keri Systems - Key Fob System Upgrades $44, Security - Cameras Replace $7, Security - DVR Unit Modernization/Upgrade 25/86

27 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown 37 $304, Accessibility Lift Curtains Curtains Power Control and Track System Projection Screen with Power Lift Seating - Theatre Style Classroom Projector Screen Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs $11, Fire System Panel - Upgrade/Modernize $33, Fire System Sprinkler Heads - Replace $4, Concrete Flooring Refinish - Auditorium $42, Concrete Flooring Refinish - Lower Level $21, Concrete Flooring Refinish - Main Level $2, Hardwood Flooring Refinish - Grand Staircase $24, Vinyl/Lino Flooring - Classroom Upper Level Storefront Type (Interior) - Repair/Replace $4, Lighting - Cove Light Fixtures $49, Lighting - Exhibit Track Fixtures $39, Lighting - Pendant Linear Fluorescent Fixtures $3, Lighting - Recessed 2' x 2' Fixtures (Lower Level) $31, Lighting - Recessed Multilamp Fixtures $25, Lighting - Recessed/Pendant Single Fixtures $10, Exterior Surfaces - Pressure Wash.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains 26/86

28 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown $50,084 $35,3 $13, Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace $29, Generator - 14 KW.02 Interior Surfaces $, Wood Siding & Overhang - Refinish Piping - Geothermal Sewer Mains Water Mains $3, Acoustic Tile Suspended Ceiling - 5% Repair Contingency $31, Acoustic Tile Suspended Ceiling - Refinish Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs $1, Vinyl Flooring - Upper Level Bathroom Storefront Type (Interior) - Repair/Replace $11, Exterior Surfaces - Pressure Wash.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains 27/86

29 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown $22,379 $922, Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace.02 Interior Surfaces $22, Wood Siding & Overhang - Refinish Piping - Geothermal Sewer Mains Water Mains Cinema Projection System Cinema Sound System - Retrofit Appliances - Bar Refrigerator (Undercounter) Appliances - Commercial Coffee Grinder Appliances - Commercial Duel Coffee Maker Appliances - Commercial Hot Water Dispenser Appliances - Countertop Induction Range/Cooker Appliances - Freezer (Under-counter) Appliances - Ice Machine (Under-counter) Appliances - Metal Grid Shelf Carts Appliances - Prep Refrigerator (Moveable) Appliances - Rack Style Dishwasher Appliances - Refrigerator (True, Two Section) Appliances - Stainless Cleaning Station Single Sink 03. Appliances - Stainless Cleaning Station Single Sink with Dishwasher Appliances - Stainless Prep Sink, Triple Sink Appliances - Stainless Prep Table Appliances - Stainless Table Bistro/Kitchen Plumbing - Repair Contingency Outdoor Furnishings - Large Patio Tables Outdoor Furnishings - Patio Chairs 28/86

30 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown 42 $922, Outdoor Furnishings - Propane Heaters Outdoor Furnishings - Small Patio Tables Outdoor Furnishings - Umbrellas TV Monitor Classroom Projector Storage Cabinets $10, Exterior Metal Doors $6, Pocket Doors Elevator System - Maintenance/Repairs $6, Elevator System - Modernize/Upgrade $5, Backflow for Fire System Fire System - Testing & Minor Repairs $11, Carpet Flooring - Auditorium $, Carpet Flooring - Lower Level $8, Carpet Flooring - Sherry Grover Gallery $21, Carpet Flooring - Upper Level $2, Hardwood Flooring Refinish - Grand Staircase $93, Hardwood Flooring Refinish - Main & Upper Level $3, Hardwood Flooring Refinish - Stage Day Lounger Exhibit Display Cabinet Exhibit Display Pedestal Sherry Grover - Display Cabinets Sherry Grover - Display Table Case Sherry Grover - TV Small Tables Wood Benches Wood Table Sets Storefront Type (Interior) - Repair/Replace Appliances - Microwaves $17, Rooftop Garden - Membrane $43, Rooftop Garden - Renovate $5, Backflow Device for Mechanical $52, Boiler, Electric (563 MBH) - EB #1 $4, Chemical Feeder $1, Fans, Exhaust (300 CFM) - EF #1-2 29/86

31 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown $922,171 $76,072 $1, Fans, Exhaust (340 CFM) - EF #2-1 $1, Fans, Exhaust (380 CFM) - EF #L-1 $7, Humidifier - HUM #1 $15, Humidifier - HUM #2.02 Interior Surfaces $7, Metal Siding - Refinish $9, Drinking Fountain Piping - Geothermal Sewer Mains Water Mains Desk Cabinets Display Pedestal Cabinets Display Tables $3, Downspouts $11, Roof Deck - Guard Rail $5, Roof Deck - Paver System $3, Roof Hatch $7, Single Ply Membrane (PVC) - Replace $38, Skylights $36, Solar Panel Mounting Brackets $126, Solar Panels - Replace $6, Solar Panels Controller - Replace Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace $10, Dampers, Fire /Smoke $17, Dampers, Motorized Control $21, Water Storage Tank $12, Exterior Surfaces - Pressure Wash.02 Interior Surfaces Piping - Geothermal Sewer Mains $13, Water Heater Water Mains 30/86

32 Disbursement By Year Fiscal Year Disbursement Disbursement Breakdown $24, Kaleidescape Server Computer Equipment Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace Office - Computer Equipment.02 Interior Surfaces $24, Wood Siding & Overhang - Refinish Piping - Geothermal Sewer Mains Water Mains Computer Equipment Computer Equipment Elevator System - Maintenance/Repairs Fire System - Testing & Minor Repairs Storefront Type (Interior) - Repair/Replace.02 Interior Surfaces Piping - Geothermal Sewer Mains Water Mains Grand Total: $3,273,677 31/86

33 Reserve Balance Distribution Note- This distribution is based on the disbursement by year in ascending order. Reserve Component 01 Auditorium Accessibility Lift Cinema Projection System Cinema Sound System - Retrofit Curtains Curtains Power Control and Track System Gypsum Board Suspended Ceiling - Refinish Kaleidescape Server Projection Screen with Power Lift Seating - Theatre Style 02 Bathroom Fixtures Bathroom Countertops Bathroom Partitions Bathroom Sinks Bathroom Urinal Partition Bathroom Urinals Bathroom Water Closets $99,0 $99,0 Distribution : FY Start Balance : Distributed Funds : Remaining Funds Percentage 03 Bistro Appliances - Bar Refrigerator (Under-counter) Appliances - Beverage Cooler Boxes Appliances - Commercial Coffee Grinder Appliances - Commercial Duel Coffee Maker Appliances - Commercial Hot Water Dispenser Appliances - Countertop Induction Range/Cooker Appliances - Freezer (Under-counter) Appliances - Holding Cabinets Appliances - Ice Machine (Under-counter) Appliances - Meat Slicer Appliances - Metal Grid Shelf Carts Appliances - Prep Refrigerator (Moveable) Appliances - Rack Style Dishwasher Appliances - Refrigerator (True, Two Section) Appliances - Stainless Cleaning Station Single Sink 03. Appliances - Stainless Cleaning Station Single Sink with Dishwasher 32/86

34 Reserve Balance Distribution Note- This distribution is based on the disbursement by year in ascending order. Reserve Component 03 Bistro Sink with Dishwasher Appliances - Stainless Prep Sink, Triple Sink Appliances - Stainless Prep Table Appliances - Stainless Table 03. Appliances - Turbo Chef High Speed Convection Micro Oven Bistro Counters and Cabinets - Refurbish Bistro/Kitchen Plumbing - Repair Contingency Computer Equipment Indoor Furnishings - Bench Seat Indoor Furnishings - Large Tables Indoor Furnishings - Small Tables Indoor Furnishings - Stackable Leland Chairs Kitchen Backflow Devices - Rebuild/Replace Outdoor Furnishings - Large Patio Tables Outdoor Furnishings - Patio Chairs Outdoor Furnishings - Propane Heaters Outdoor Furnishings - Small Patio Tables Outdoor Furnishings - Umbrellas TV Monitor 04 Building Exterior Metal Siding - Replace Stone Veneer - 50% Repair Contingency Tigerwood Rainscreen Siding - Replace $99,0 $99,0 Distribution : FY Start Balance : Distributed Funds : Remaining Funds Percentage 05 Ceiling & Wall Finishes Acoustic Tile Suspended Ceiling - 5% Repair $1, % Contingency Acoustic Tile Suspended Ceiling - Refinish $15, % Acoustic Tile Suspended Ceiling - Replace Gypsum Board Suspended Ceiling - 5% Repair Contingency Gypsum Board Suspended Ceiling - Refinish Gypsum Board Suspended Ceiling - Replace Gypsum Board Walls (In Galleries Only) - 25% Repair/Replace Contingnecy 06 Classroom 33/86

35 Reserve Balance Distribution Note- This distribution is based on the disbursement by year in ascending order. Reserve Component 06 Classroom Chairs - Stackable Classroom Classroom Projector Classroom Projector Screen Storage Cabinets $99,0 $99,0 Distribution : FY Start Balance : Distributed Funds : Remaining Funds Percentage 07 Doors Exterior Metal Doors Glass Storefront Entry Door Auto Openers Glass Storefront Entry Doors Interior Doors Pocket Doors $3, % 08 Elevator Elevator Cab Refurbish & Door Package Elevator System - Maintenance/Repairs Elevator System - Modernize/Upgrade 09 Event Equipment Chairs - Stackable Fabric Covered Tables - Folding 10 Fire Systems Backflow for Fire System Fire System - Testing & Minor Repairs Fire System Panel - Upgrade/Modernize Fire System Sprinkler Heads - Replace 11 Floor Finishes Carpet Flooring - Auditorium $5, % Carpet Flooring - Lower Level $9, % Carpet Flooring - Sherry Grover Gallery $3, % Carpet Flooring - Upper Level $9, % Concrete Flooring Refinish - Auditorium Concrete Flooring Refinish - Lower Level Concrete Flooring Refinish - Main Level Hardwood Flooring Refinish - Grand Staircase $2, % Hardwood Flooring Refinish - Main & Upper $,678.8% Level Hardwood Flooring Refinish - Stage Hardwood Flooring Replace - Grand Staircase 34/86

36 Reserve Balance Distribution Note- This distribution is based on the disbursement by year in ascending order. $99,0 $99,0 : FY Start Balance : Distributed Funds : Remaining Funds Reserve Component 11 Floor Finishes Hardwood Flooring Replace - Main & Upper Level Hardwood Flooring Replace - Stage Tile Flooring - Main Level Bathrooms Tile Flooring - Upper Level Bathrooms 11. Vinyl Flooring - Upper Level Bathroom Vinyl/Lino Flooring - Classroom Upper Level 12 Gallery - Furnishings Day Lounger Exhibit Display Cabinet Exhibit Display Pedestal Partition Walls Sherry Grover - Display Cabinets Sherry Grover - Display Table Case Sherry Grover - Stackable Leland Chairs Sherry Grover - TV Small Tables Stanchions Wood Benches Wood Table Sets 13 Glazing Systems Louver Sun Shade System - Replace Storefront Type (Exterior) - Repair Storefront Type (Exterior) - Replace Storefront Type (Interior) - Repair/Replace Structural Glazing Systems - Repair Structural Glazing Systems - Replace Window Interior Sun Shades - Replace 14 Kitchenette Appliances - Dishwashers Appliances - Microwaves Appliances - Refrigerators Appliances - Sinks Cabinets & Countertops - Refurbish 15 Landscaping & Irrigation Distribution Percentage 35/86

37 Reserve Balance Distribution Note- This distribution is based on the disbursement by year in ascending order. $99,0 $99,0 : FY Start Balance : Distributed Funds : Remaining Funds Reserve Component 15 Landscaping & Irrigation Greenscreen Metal Vine Wall Rooftop Garden - Membrane Rooftop Garden - Renovate Lighting - Exterior.01 Recessed Fixtures 17 Lighting - Interior Lighting - Cove Light Fixtures Lighting - Exhibit Track Fixtures Lighting - Pendant Linear Fluorescent Fixtures Lighting - Recessed 2' x 2' Fixtures (Lower Level) Lighting - Recessed Multilamp Fixtures Lighting - Recessed/Pendant Single Fixtures 18 Mechanical A/C Units, Ceiling Mounted (Mitsubishi) - Replace A/C Units, Floor Mounted (Mitsubishi) - Replace Air Handling Unit (11,230 CFM) - AHU # Air Handling Unit (5,175 CFM) - AHU # Air Handling Unit (800 CFM) - AHU # Backflow Device for Mechanical Boiler, Electric (563 MBH) - EB # Chemical Feeder Compressors 2hp, 29 Gallon Dampers, Fire /Smoke Dampers, Motorized Control Expansion Tanks Fans, Exhaust (300 CFM) - EF # Fans, Exhaust (340 CFM) - EF # Fans, Exhaust (380 CFM) - EF #L Fans, Exhaust (850 CFM) - EF # Fans, Scavenger (2,000 CFM) - #SF-L Fluid Cooler, Closed Loop Generator - 14 KW 18. Heat Pumps Ton Geothermal Water to Air Heat Pumps - Main and Upper Level HVAC Humidifier - HUM #1 Distribution Percentage 36/86

38 Reserve Balance Distribution Note- This distribution is based on the disbursement by year in ascending order. Reserve Component 18 Mechanical Humidifier - HUM # Pump, Circulation - Geothermal Pump, Circulation Controls - Geothermal Pump, In-Line Water Pump Pump, In-Line Water Pump Variable Air Volume Terminal (1,240 CFM) - VAV # Variable Air Volume Terminal (1,425 CFM) - VAV # Variable Air Volume Terminal (1,475 CFM) - VAV # Variable Air Volume Terminal (1,610 CFM) - VAV # Variable Air Volume Terminal (195 CFM) - VAV #L Variable Air Volume Terminal (2,100 CFM) - VAV # Variable Air Volume Terminal (2,180 CFM) - VAV # Variable Air Volume Terminal (425 CFM) - VAV #L Variable Air Volume Terminal (485 CFM) - VAV # Variable Air Volume Terminal (550 CFM) - VAV # Variable Air Volume Terminal (660 CFM) - VAV # Variable Frequency Drive (10 HP) - VFD # Variable Frequency Drive (2 HP) - VFD # Variable Frequency Drive ( HP) - VFD # Water Storage Tank 19 Office Furnishings - Business Office Furnishings - Marketing Office Office - Computer Equipment $99,0 $99,0 Distribution : FY Start Balance : Distributed Funds : Remaining Funds Percentage Painting & Staining.01 Exterior Surfaces - Pressure Wash $11,0 11.3% 37/86

39 Reserve Balance Distribution Note- This distribution is based on the disbursement by year in ascending order. Reserve Component $99,0 $99,0 Distribution : FY Start Balance : Distributed Funds : Remaining Funds Percentage Painting & Staining.02 Interior Surfaces.03 Louver Sun Shades - Paint (both sides).04 Metal Siding - Refinish.05 Wood Siding & Overhang - Refinish $,754.9% 21 Plumbing Drinking Fountain Duel Sump Pump Duel Sump Pump Controls Piping - Geothermal Sewer Mains Water Heater Water Heater Circulation Pump 1/6 hp Water Mains 22 Reception Computer Equipment Desk 23 Retail Store Cabinets Computer Equipment Display Pedestal Cabinets Display Tables 24 Roofing Downspouts Roof Deck - Guard Rail Roof Deck - Paver System Roof Hatch Single Ply Membrane (PVC) - Replace Skylights 25 Security Keri Systems - Key Fob System Upgrades Security - Cameras Replace Security - DVR Unit Modernization/Upgrade 26 Solar System Solar Panel Mounting Brackets 38/86

40 Reserve Balance Distribution Note- This distribution is based on the disbursement by year in ascending order. $99,0 $99,0 : FY Start Balance : Distributed Funds : Remaining Funds Reserve Component 26 Solar System Solar Panels - Replace Solar Panels Controller - Replace Distribution Percentage 39/86

41 Allocation Breakdown Reserve Component Reserve Allocation Reserve Allocation Reserve Allocation Allocation (per year) (per month) (per unit per month) % 01 Auditorium % Accessibility Lift % Cinema Projection System % Cinema Sound System - Retrofit % Curtains % Curtains Power Control and Track System Gypsum Board Suspended Ceiling - Refinish % % Kaleidescape Server % Projection Screen with Power Lift % Seating - Theatre Style % 02 Bathroom Fixtures $1, $ $ % Bathroom Countertops $ $.37 $ % Bathroom Partitions $ $33.70 $ % Bathroom Sinks $2.21 $.85 $.85 0.% Bathroom Urinal Partition $53.92 $4.49 $ % Bathroom Urinals $1.77 $13.48 $ % Bathroom Water Closets $ $21.34 $ % 03 Bistro % Appliances - Bar Refrigerator (Under-counter) Appliances - Beverage Cooler Boxes Appliances - Commercial Coffee Grinder Appliances - Commercial Duel Coffee Maker Appliances - Commercial Hot Water Dispenser Appliances - Countertop Induction Range/Cooker Appliances - Freezer (Undercounter) % % % % % % % 40/86

42 Allocation Breakdown Reserve Component Reserve Allocation Reserve Allocation Reserve Allocation Allocation (per year) (per month) (per unit per month) % 03 Bistro % Appliances - Holding Cabinets % Appliances - Ice Machine (Undercounter) % Appliances - Meat Slicer % Appliances - Metal Grid Shelf Carts % Appliances - Prep Refrigerator (Moveable) Appliances - Rack Style Dishwasher Appliances - Refrigerator (True, Two Section) Appliances - Stainless Cleaning Station Single Sink Appliances - Stainless Cleaning Station Single Sink with Dishwasher Appliances - Stainless Prep Sink, Triple Sink % % % % % % Appliances - Stainless Prep Table % Appliances - Stainless Table % Appliances - Turbo Chef High Speed Convection Micro Oven Bistro Counters and Cabinets - Refurbish Bistro/Kitchen Plumbing - Repair Contingency % % % Computer Equipment % Indoor Furnishings - Bench Seat % Indoor Furnishings - Large Tables % Indoor Furnishings - Small Tables % Indoor Furnishings - Stackable Leland Chairs Kitchen Backflow Devices - Rebuild/Replace Outdoor Furnishings - Large Patio Tables % % % 41/86

43 Allocation Breakdown Reserve Component Reserve Allocation Reserve Allocation Reserve Allocation Allocation (per year) (per month) (per unit per month) % 03 Bistro % Outdoor Furnishings - Patio Chairs % Outdoor Furnishings - Propane Heaters Outdoor Furnishings - Small Patio Tables % % Outdoor Furnishings - Umbrellas % TV Monitor % 04 Building Exterior $2, $ $ % Metal Siding - Replace $ $34.51 $ % Stone Veneer - 50% Repair Contingency Tigerwood Rainscreen Siding - Replace $ $35.39 $ % $1, $ $ % 05 Ceiling & Wall Finishes $9, $ $ % Acoustic Tile Suspended Ceiling - 5% Repair Contingency Acoustic Tile Suspended Ceiling - Refinish Acoustic Tile Suspended Ceiling - Replace Gypsum Board Suspended Ceiling - 5% Repair Contingency Gypsum Board Suspended Ceiling - Refinish Gypsum Board Suspended Ceiling - Replace Gypsum Board Walls (In Galleries Only) - 25% Repair/Replace Contingnecy $ $23.23 $ % $2, $ $ % $3, $ $ % $ $10.82 $ % $ $78.69 $ % $1,4.46 $ $ % $ $80.32 $ % 06 Classroom % Chairs - Stackable Classroom % Classroom Projector % Classroom Projector Screen % Storage Cabinets % 42/86

44 Reserve Component Reserve Allocation Reserve Allocation Reserve Allocation Allocation (per year) (per month) (per unit per month) % Concrete Flooring Refinish - Lower Level Allocation Breakdown 07 Doors $2, $ $ % Exterior Metal Doors $ $17.97 $ % Glass Storefront Entry Door Auto Openers $ $28.08 $ % Glass Storefront Entry Doors $1, $98.29 $ % Interior Doors $ $69.65 $ % Pocket Doors $ $33.70 $ % 08 Elevator $4, $ $ % Elevator Cab Refurbish & Door Package Elevator System - Maintenance/Repairs Elevator System - Modernize/Upgrade $1, $ $ % % $3, $ $ % 09 Event Equipment % Chairs - Stackable Fabric Covered % Tables - Folding % 10 Fire Systems $1, $ $ % Backflow for Fire System $ $18.72 $ % Fire System - Testing & Minor Repairs Fire System Panel - Upgrade/Modernize Fire System Sprinkler Heads - Replace % $ $26.96 $ % $ $77.74 $ % 11 Floor Finishes $18, $1, $ % Carpet Flooring - Auditorium $ $56.22 $ % Carpet Flooring - Lower Level $1, $ $ % Carpet Flooring - Sherry Grover Gallery $ $44.49 $ % Carpet Flooring - Upper Level $1, $ $ % Concrete Flooring Refinish - Auditorium $ $11.17 $ % $1,3.37 $ $ % 43/86

45 Allocation Breakdown Reserve Component Reserve Allocation Reserve Allocation Reserve Allocation Allocation (per year) (per month) (per unit per month) % 11 Floor Finishes $18, $1, $ % Level Concrete Flooring Refinish - Main Level Hardwood Flooring Refinish - Grand Staircase Hardwood Flooring Refinish - Main & Upper Level $ $49.38 $ % $ $26.29 $ % $5, $ $ % Hardwood Flooring Refinish - Stage $ $19. $ % Hardwood Flooring Replace - Grand Staircase Hardwood Flooring Replace - Main & Upper Level $ $63.19 $ % $4, $ $ % Hardwood Flooring Replace - Stage $ $14.77 $ % Tile Flooring - Main Level Bathrooms Tile Flooring - Upper Level Bathrooms Vinyl Flooring - Upper Level Bathroom Vinyl/Lino Flooring - Classroom Upper Level $ $18.25 $ % $ $18.25 $ % $45.29 $3.77 $ % $ $56.62 $ % 12 Gallery - Furnishings % Day Lounger % Exhibit Display Cabinet % Exhibit Display Pedestal % Partition Walls % Sherry Grover - Display Cabinets % Sherry Grover - Display Table Case % Sherry Grover - Stackable Leland Chairs % Sherry Grover - TV % Small Tables % Stanchions % Wood Benches % 44/86

46 Allocation Breakdown Reserve Component Reserve Allocation Reserve Allocation Reserve Allocation Allocation (per year) (per month) (per unit per month) % 12 Gallery - Furnishings % Wood Table Sets % 13 Glazing Systems $28,9. $2, $ % Louver Sun Shade System - Replace $3, $ $ % Storefront Type (Exterior) - Repair $1, $ $ % Storefront Type (Exterior) - Replace $1, $ $ % Storefront Type (Interior) - Repair/Replace % Structural Glazing Systems - Repair $8, $ $ % Structural Glazing Systems - Replace Window Interior Sun Shades - Replace $11, $ $ % $2, $ $ % 14 Kitchenette % Appliances - Dishwashers % Appliances - Microwaves % Appliances - Refrigerators % Appliances - Sinks % Cabinets & Countertops - Refurbish % 15 Landscaping & Irrigation $2, $197. $ % Greenscreen Metal Vine Wall $ $21.91 $ % Rooftop Garden - Membrane $ $29.21 $ % Rooftop Garden - Renovate $1, $ $ % Lighting - Exterior $ $24.71 $ %.01 Recessed Fixtures $ $24.71 $ % 17 Lighting - Interior $4, $ $ % Lighting - Cove Light Fixtures $ $11.23 $ % Lighting - Exhibit Track Fixtures $1, $ $ % Lighting - Pendant Linear Fluorescent Fixtures Lighting - Recessed 2' x 2' Fixtures (Lower Level) $1, $92.12 $ % $ $8.99 $ % 45/86

47 Allocation Breakdown Reserve Component Reserve Allocation Reserve Allocation Reserve Allocation Allocation (per year) (per month) (per unit per month) % 17 Lighting - Interior $4, $ $ % Lighting - Recessed Multilamp $ $72.79 $ % Fixtures Lighting - Recessed/Pendant Single Fixtures $ $60.66 $ % 18 Mechanical $26, $2,176. $ % A/C Units, Ceiling Mounted (Mitsubishi) - Replace A/C Units, Floor Mounted (Mitsubishi) - Replace Air Handling Unit (11,230 CFM) - AHU #3 Air Handling Unit (5,175 CFM) - AHU #2 Air Handling Unit (800 CFM) - AHU #1 $ $75.83 $ % $2.21 $.85 $.85 0.% $3, $ $ % $2, $8.51 $ % $ $75.83 $ % Backflow Device for Mechanical $ $18.72 $ % Boiler, Electric (563 MBH) - EB #1 $2, $ $ % Chemical Feeder $ $.48 $.48 0.% Compressors 2hp, 29 Gallon $ $8.43 $ % Dampers, Fire /Smoke $2.21 $.85 $.85 0.% Dampers, Motorized Control $ $28.65 $ % Expansion Tanks $ $50.55 $ % Fans, Exhaust (300 CFM) - EF #1-2 $67.40 $5.62 $ % Fans, Exhaust (340 CFM) - EF #2-1 $67.40 $5.62 $ % Fans, Exhaust (380 CFM) - EF #L-1 $67.40 $5.62 $ % Fans, Exhaust (850 CFM) - EF #1-1 $80.88 $6.74 $ % Fans, Scavenger (2,000 CFM) - #SF -L-1 $ $26.96 $ % Fluid Cooler, Closed Loop $2, $8.51 $ % Generator - 14 KW $ $67.40 $ % Heat Pumps Ton Geothermal Water to Air Heat Pumps - Main and Upper Level HVAC $2, $2.21 $ % $2, $ $ % 46/86

48 Allocation Breakdown Reserve Component Reserve Allocation Reserve Allocation Reserve Allocation Allocation (per year) (per month) (per unit per month) % 18 Mechanical $26, $2,176. $ % Humidifier - HUM #1 $ $26.21 $ % Humidifier - HUM #2 $ $52.42 $ % Pump, Circulation - Geothermal $1, $98.29 $ % Pump, Circulation Controls - Geothermal $ $9.36 $ % Pump, In-Line Water Pump $ $37.45 $ % Pump, In-Line Water Pump $ $37.45 $ % Variable Air Volume Terminal (1,240 CFM) - VAV #2-1 Variable Air Volume Terminal (1,425 CFM) - VAV #2-3 Variable Air Volume Terminal (1,475 CFM) - VAV #1-1 Variable Air Volume Terminal (1,610 CFM) - VAV #1-6 Variable Air Volume Terminal (195 CFM) - VAV #L-1 Variable Air Volume Terminal (2,100 CFM) - VAV #1-2 Variable Air Volume Terminal (2,180 CFM) - VAV #1-5 Variable Air Volume Terminal (425 CFM) - VAV #L-2 Variable Air Volume Terminal (485 CFM) - VAV #2-2 Variable Air Volume Terminal (550 CFM) - VAV #1-4 Variable Air Volume Terminal (660 CFM) - VAV #1-7 Variable Frequency Drive (10 HP) - VFD #2 Variable Frequency Drive (2 HP) - VFD #1 Variable Frequency Drive ( HP) - VFD #3 $ $15.32 $ % $ $15.32 $ % $ $15.32 $ % $ $17.87 $ % $91.91 $7.66 $ % $ $.42 $ % $ $22.98 $ % $ $10.21 $ % $ $10.21 $ % $ $10.21 $ % $ $10.21 $ % $ $17.87 $ % $ $28.08 $ % $ $30.89 $ % Water Storage Tank $ $35.57 $ % 47/86

49 Allocation Breakdown Reserve Component Reserve Allocation Reserve Allocation Reserve Allocation Allocation (per year) (per month) (per unit per month) % 19 Office % Furnishings - Business Office % Furnishings - Marketing Office % Office - Computer Equipment % Painting & Staining $8, $ $ % Exterior Surfaces - Pressure Wash $2,5.35 $9.70 $ % Interior Surfaces % Louver Sun Shades - Paint (both sides) $ $73.52 $ % Metal Siding - Refinish $ $40.26 $ % Wood Siding & Overhang - Refinish $4, $ $ % 21 Plumbing $1, $ $ % Drinking Fountain $ $47.18 $ % Duel Sump Pump $ $28.08 $ % Duel Sump Pump Controls $ $9.36 $ % Piping - Geothermal % Sewer Mains % Water Heater $ $44.93 $ % Water Heater Circulation Pump 1/6 hp $ $11.23 $ % Water Mains % 22 Reception % Computer Equipment % Desk % 23 Retail Store % Cabinets % Computer Equipment % Display Pedestal Cabinets % Display Tables % 24 Roofing $4, $ $ % Downspouts $80.88 $6.74 $ % 48/86

50 Allocation Breakdown Reserve Component Reserve Allocation Reserve Allocation Reserve Allocation Allocation (per year) (per month) (per unit per month) % 24 Roofing $4, $ $ % Roof Deck - Guard Rail $ $.13 $ % Roof Deck - Paver System $ $9.55 $ % Roof Hatch $80.88 $6.74 $ % Single Ply Membrane (PVC) - Replace $3, $ $ % Skylights $ $64.71 $ % 25 Security $3, $ $ % Keri Systems - Key Fob System Upgrades $ $56.17 $ % Security - Cameras Replace $2, $ $ % Security - DVR Unit Modernization/Upgrade $ $37.45 $ % 26 Solar System $6, $ $ % Solar Panel Mounting Brackets $ $61.79 $ % Solar Panels - Replace $5, $ $ % Solar Panels Controller - Replace $ $22.47 $ % Grand Total: $127,198 $10, $ % 49/86

51 Category Breakdown Chart 50/86