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Planning Implementation Tools Capital Improvement Plan

Planning Implementation ToolsCapital Improvement PlanA Capital Improvement plan (CIP) is a community Planning and fi scal management tool used to coordinate the location, timing and fi nancing of Capital improvements over a multi-year period usually 4-6 years. Capital improvements refer to major, non-recurring physical expenditures such as land, buildings, public infrastructure and equipment. The CIP includes a description of proposed Capital Improvement projects ranked by priority, a year-by-year schedule of expected project funding, and an estimate of project costs and fi nancing sources. The CIP is a working document and should be reviewed and updated annually to refl ect changing community needs, priorities and funding Capital BudgetingPreparation of the CIP and annual budget are closely linked.

Planning Implementation Tools Capital Improvement Plan A capital improvement plan (CIP) is a community planning and fi scal management tool used to coordinate the location, timing and fi nancing of capital improvements over a multi-year period — usually 4-6 years. Capital improvements refer to major, non-recurring

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