STORAGE HARDWARE REPLACEMENT 2033
Capital Cost
TOTAL PROJECT COST$220,000
Overview
DepartmentInformation Technology
Project NumberIT-33-001
TypeEquipment
CategoryEquipment Replacement
Priority2 Very Important
StatusActive
Useful Life6 years years
Budget Impact
The budget impact for this project includes a one-time cost of $210,000. This investment in modern storage hardware is anticipated to result in long-term savings through decreased maintenance expenses and increased operational efficiency.
| Budget Items | 2027 | Total | ||
|---|---|---|---|---|
| Capital Equipment - IT | 210,000 | 210,000 | ||
| Total | 210,000 | 210,000 |
Project Description
This project aims to replace the outdated storage hardware within our IT infrastructure. This storage hardware is used to house all data for the town. The storage has built-in redundancy to handle hard drive failures without losing critical data.
Project Justification
Replacing our aging storage hardware is vital to prevent data bottlenecks, reduce the risk of data loss, and maintain seamless access to critical information. Modern storage solutions offer advanced features such as improved data redundancy, faster retrieval times, and enhanced security measures. The upgrade will significantly enhance data storage capacity, reliability, and performance, ensuring that our local government can securely manage and access its expanding volume of digital information. Storage hardware needs replacement every 6 years due to the constantly spinning disk and moving parts. This project is setting aside funding over 4 years to finance the replacement in 2033.
Spend
| Expenditures | 2030 | Total | Future | |
|---|---|---|---|---|
| Computer Hardware | 55,000 | 55,000 | 165,000 | |
| Total | 55,000 | 55,000 |
| Funding Sources | 2030 | Total | Future | |
|---|---|---|---|---|
| IT Infrastructure Replacement Fund | 38,500 | 38,500 | 165,000 | |
| San 1 Debt | 5,500 | 5,500 | ||
| San 2 Fund Balance | 5,500 | 5,500 | ||
| San 3 Fund Balance | 5,500 | 5,500 | ||
| Total | 55,000 | 55,000 |