Capital Improvement Program

FY 2023 - 2024

About the CIP Program

The Capital Improvement Program is a long-range fiscal forecast which identifies major public improvements to the City's infrastructure over the next five years. Planning for capital improvements is an ongoing process that continues to be adjusted as the City's priorities change. The plan provides cost estimates for each project and identifies funding sources with consideration given to ongoing resources. Because priorities can change, projects are not guaranteed for funding.

As part of the annual budget process, the CIP is updated. This allows the City's departments to re-evaluate priorities and needs based on the most current revenue and project priorities. CIP Projects are requested by the Departments, reviewed and evaluated by the City Manager, and ultimately approved by the City Council as part of the budget.

The City places priority on construction, rehabilitation, and maintenance efforts to ensure its infrastructure improvements are built and maintained according to best practices and promote environmental sustainability. Capital improvements of city infrastructure include: streets, traffic signals, bridges, storm drains, sewer, pipelines, parks and public service facilities.

Infrastructure improvements are considered capital improvement projects when the expected life is in excess of two years and expenditures are at least $50,000. In contrast, scheduled purchases of vehicles, computer hardware, and equipment are capitalized when the individual cost is $5,000 or more with an estimated useful life of greater than two years. These routine purchases are generally accounted for out of special funds or enterprise funds. There are vehicle, equipment, land and computer capital purchases budgeted for Fiscal Year 2023-2024 totaling $7,779,083.