| Step 1. List the relevant information |
| Capital Item | Cost per item | No. of Items to be Purchased | Expected life |
| Garbage truck | $ 150,000 | 2 | 10 |
| Bulldozer | $ 240,000 | 1 | 8 |
| Bulldozer | $ 16,000 | 3 | 5 |
| Construction cost of an activity center | $ 650,000 | | 40 |
| Step 2. Create the capital budget for River County |
| River County |
| Capital Project Budget |
| Capital Budget Item | Estimated Lifetime (years) | Per Unit Cost | Total Cost |
| Two (2) New Garbage truck | 10 | $ 150,000 | $ 300,000 |
| One (1) New Bulldozer | 8 | $ 240,000 | $ 240,000 |
| Three (3) New Riding lawn mower | 5 | $ 16,000 | $ 48,000 |
| Activity center | 40 | $ 650,000 | $ 650,000 |
| County Total by Items | | | $ 1,238,000 |