CPRE Capital Improvement Planning and Asset Management 3

Question 1

Which of the following is the best indicator that a parks agency has an effective asset management program?

Accepted Answer

The agency maintains a current inventory of all assets with condition ratings and projected replacement schedules

Answer

The agency has reduced the number of park programs offered to cut costs

Answer

The agency has eliminated all deferred maintenance in a single fiscal year

Answer

The agency has outsourced all facility maintenance to private contractors

Question 2

Tax Increment Financing (TIF) can fund parks capital projects by:

Accepted Answer

Diverting a portion of property tax revenue growth within a defined district to fund public improvements

Answer

Increasing sales tax rates in the city to pay for park renovations

Answer

Issuing bonds repaid entirely by park user fees

Answer

Applying for competitive federal grants administered by the National Park Service

Question 3

When a parks agency applies for a Land and Water Conservation Fund (LWCF) grant for a capital project, what is a key compliance requirement attached to the award?

Accepted Answer

The property must remain available for public outdoor recreation in perpetuity (conversion restriction)

Answer

The funded area must be converted to a fee-based facility within 10 years

Answer

The agency must brand all signage with federal government logos

Answer

The project must be completed within 90 days of grant award

Question 4

Which capital project delivery method transfers design and construction risk to a single private entity responsible for both functions?

Accepted Answer

Design-build (DB)

Answer

Design-bid-build (DBB)

Answer

Construction management at risk (CMAR)

Answer

Force account construction

Question 5

A parks director wants to demonstrate the return on investment (ROI) of a proposed aquatic center to the governing board. Which data would BEST support the capital investment decision?

Accepted Answer

Projected operating revenues, expenses, community health benefits, and comparable market feasibility data

Answer

Historical attendance records from a facility in a different state with different demographics

Answer

The personal opinions of a few vocal community members at a town hall

Answer

The number of awards received by the current parks department

Question 6

What is the purpose of an 'Americans with Disabilities Act (ADA) transition plan' in the context of parks capital planning?

Accepted Answer

To identify ADA deficiencies in existing facilities and establish a timeline and budget to achieve compliance

Answer

To outline a schedule for reducing the number of accessible parking spaces

Answer

To set hiring quotas for employees with disabilities

Answer

To develop marketing campaigns targeting visitors with disabilities

Question 7

A parks agency is considering a public-private partnership (P3) to develop a new sports complex. Which is a primary advantage of the P3 model for capital development?

Accepted Answer

The private partner brings capital investment and operational expertise, reducing public debt burden

Answer

The agency retains full control over all design decisions with no private influence

Answer

The agency avoids all long-term contractual obligations to the private partner

Answer

The project automatically qualifies for federal grant funding under LWCF