Capital Improvement Programs
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Read first few paragraphs of article:
As you know, the comprehensive plan establishes policies for
current and future land use throughout a community. However, we
often forget that the plan, although an important instrument of
public policy, cannot by itself produce change.
Zoning and subdivision regulations are the most familiar "tools"
used to implement the plan. Another important implementation
tool is the capital improvement program, usually referred to as
the CIP.
Defining the CIP
The CIP is a management and fiscal planning tool communities can
use for financing and constructing needed public improvements
and facilities. Properly designed, a CIP enables a community to
identify its capital needs, rank them by priority, coordinate
their scheduling, and determine the best method of paying for
them within the community's fiscal capacity.
In most states, localities have the discretion to determine
whether they want to prepare a CIP. Usually, the planning
commission annually prepares a recommended CIP, and then
forwards it to the local governing body for adoption.
Baseline requirements for CIPs include that the CIP be based on
the comprehensive plan and that it schedule capital improvements
over a specific number of years (commonly three, five, or six).
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