Capital Improvement Program
The Capital Improvement Program (CIP) is a five-year planning and budgeting document that outlines the Village's capital projects and their associated costs. The CIP is updated annually and is used to guide the Village's capital investment decisions.
The CIP is developed through a collaborative process that involves Village staff, elected officials, and community stakeholders. The process begins with the identification of capital needs through a variety of methods, including a citizen summit, departmental needs assessments, and public hearings. Once the capital needs have been identified, they are prioritized and ranked based on a variety of criteria, including the project's impact on the Village's quality of life, its urgency, and its cost.
The CIP is a living document that is updated annually to reflect changes in the Village's capital needs and priorities. The CIP is also used to track the progress of capital projects and to ensure that they are completed on time and within budget.