What Qualifies as a CAPEX/Reserves Request?
CAPEX (capital expenditure)/ Reserves requests are for items or projects that:
-Cost $5,000 or more, and
-Provide value for at least 3 years
These are long-term investments that improve, replace or provide new community assets (e.g., equipment, furnishings, or infrastructure).
Not CAPEX: Routine maintenance, small purchases under $5,000, or items with a short lifespan.