Asset budget analysis

You start by defining one or more analysis budgets. Each budget covers a specified number of years and includes a list of budget categories. These categories represent the amount of funding allocated for different asset types and activities for each year covered by the budget. You also have the option to split funding across years, meaning that unspent funds from one year can be used in later years.

You can create multiple analysis budgets to compare different funding scenarios. To initiate a budget analysis you specify the budget that you want to use, the starting year, and one or more needs analysis runs. For each needs analysis, the budget analysis will evaluate each recommended activity based on its target year, cost, and benefit.

Budget analysis can also account for inflation. If you specify an annual inflation rate, costs will be adjusted by that percentage for each year of the analysis.

The analysis covers the number of years specified in the selected budget. For example, if an analysis budget spans 5 years, and a budget analysis has a starting year of 2016, then the analysis will cover the years 2016 through 2020.

The results of the budget analysis are a list of funded activities and a list of non-funded activities. For each funded activity, Infor Public Sector specifies the affected asset, the activity, the year for which the activity is funded, and the cost.