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Section 10 Capital Improvement Plan
CIP Overview

CAPITAL IMPROVEMENT PLAN OVERVIEW

OVERVIEW
The Capital Improvement Plan ( CIP) presents the Town’ s plan for infrastructure development and
improvements and is evaluated annually by the Town leadership to determine the financial
availability of resources for design, construction, operations, and maintenance. Balancing these
priorities, while at the same time being cognizant of the fiscal challenges of our Town, continues to
be a priority for our staff team and elected officials.

This document provides a comprehensive plan of capital improvements that are to be undertaken
by the Town over the next five (5) years. Cost estimates and financing methods for the
improvements are included and are referenced by individual project. The development of the
Capital Improvement Plan is one of the more complex and multi-faceted processes of the Town.
Striking a balance between the needs and interests of the residents and our financial capacity is a
challenging proposition.

For this community vision to have meaning, it must be accompanied by deliberate planning that
leads the organization and community to its desired future. This requires clearly defined goals,
proactive strategies, committed leadership, effective management and above all, the resources to
carry out these plans and objectives.

WHAT IS A CIP?
CIP is a realistic plan designed to fulfill the strategic goals and objectives necessary to achieve the
mission and vision of the community. The CIP is a multi-year document that summarizes the capital
needs of a community over a specific time period. It outlines the individual capital projects, their
strategic value and relationship to the community’ s long-term goals and objectives as well as the
fiscal impact that they pose to the community.

WHY HAVE A CIP?
Informs the employees, departments, elected officials and the public of an entity’ s intent to
invest in its infrastructure and community
Represents a long-term financial plan and identifies resources or financing strategies that an
entity plans to use to fund the plan
Identifies projects by functionality to ensure a balanced approach to our reinvestment in the
community
Establishes priorities and serves as a planning document or blueprint for an organization’ s
investment in capital infrastructure both short- term and long-term
Provides a breakdown of major project costs and phasing as necessary
DOES NOT appropriate money
WHAT IS A CAPITAL PROJECT?
Capital includes all long-lived infrastructures such as water facilities, sewers, streets, parks and
buildings along with major equipment like fire trucks, radio systems, vehicles, computers and fixtures.
Capital projects are the individual action plans that make up a Capital Improvement Plan. The
capital projects in this CIP have been categorized into the following groups: Parks & Recreation,
Facilities, Transportation, Vehicles and Utilities.

CIP PRIORITIZATION STRATEGY – PRESERVE * PROTECT * PLAN
Preserve the past by investing in the continued upgrade of town assets and infrastructure
Protect the present with improvements and/ or additions to facilities, roads, and capital
investments
Plan for the future of the organization

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