Herb, you are so right. We are only a 7 year old community, but when it's going to cost half the price of replacement to repair an item I say replace it. By the time you factor in labor and the fact that you WILL have to repair the item again at some point you have bought the new item anyway. As a manager I completely understand the issue of not having the budget to buy replacements, but I can not understand throwing good money after bad.
Here, when we have an appliance that needs work my maintenance sup and I sit down and discuss repair vs. replacement. If the cost to repair (including time spent) is more than 50% of the replacement cost, we replace. He can then store the old appliance to rob parts from in the future. Don't get me wrong, I don't want 5 stoves in different stages of disrepair junking up my maintenance shop (yes it's mine too
. However if the guts of a stove are bad, we may still be able to use the oven door or other exterior parts.
Another important thing is that maintenance knows and has some understanding of how the budget works. I give everyone a copy of our budget for the month. Additionally we go over our monthly financial statement together to see where we are and how we are doing. IMO this gives everyone some ownership in our finances and makes them feel they aren't just work-horses, but that what they do matters.