Capital Projects
The Capital Investment Plan (CIP) is a multi-year plan that makes investments to support the growth and vitality of the community and improve quality of life. The CIP plans for long-term capital infrastructure, which is broadly defined as the construction or acquisition of fixed assets such as roads, sidewalks, buildings, capital building maintenance, real estate, equipment, culverts, or pipes.
The CIP provides residents with an outline of how the Town anticipates investing capital funds for the next five years. The first year of the five-year plan is adopted, while the remaining four years are provided as a plan. The inclusion of a project in the four out-years does not guarantee future funding as the needs and priorities for the future.
Capital Investment Projects
Capital Investment Plan
The Adopted of the CIP includes three planned bonds; one in FY 1, FY 3, and FY 5. The Planned 2024 Bond totals $XXX million between three components:
• $100 million for Housing,
• $61.7 million for Neighborhood Improvements, and
• $238.3 million for Transportation.
Click Here for full details of the Capital Investment plan and a list of the included planed projects