The Facilities Branch is responsible for managing Civic Buildings Comprehensive Maintenance Reserve, which has an annual contribution of 1.2% of the new replacement value of our facilities. Currently our buildings are valued at $534,512,670 million. This reserve will replace any cyclical or worn out architectural, heating, ventilation, air conditioning and electrical component of the building.
We also administer the Capital Asset Inventory Program, with a total building content value of $237,691,300 million.