City of Vernon California

Capital Asset Management

Capital projects have a major impact on the quality of City services, the community’s economic vitality, and the overall quality of life.  The City maintains its capital assets for:

1.)  Capital improvement planning

2.)  Capital budgeting

3.)  Capital project management

4.)  Capital asset maintenance

5.)  Insurance

6.)  and, financial reporting

All of the above are important components of the City’s long-term financial sustainability and vitality as capital assets enable the City to deliver its services to its constituents while recouping the cost of those capital assets through user fees and taxes.