FY2023 Adopted Operating and Capital Budget

FY2023 Adopted Budget Capital Improvement Program

Overview

Criteria Projects that meet the definition of a capital improvement are included in the Capital Improvement Program (CIP). Capital improvements are defined as: will add to the government s public infrastructure OR will result in a major repair of a fixed asset that significantly adds to or preserves the life of the original asset OR will establish or enhance internal computer/program systems. This excludes routine expenses such as maintenance, license renewals, etc. The project will also have an individual project cost totaling $100,000 or more. Projects of less than $100,000 will only be permitted when required for State or Federal funding and multiple projects in a single category, totaling $100,000 or more, will also be considered if they meet all other characteristics. Acquisition of land for future projects (land banking) will be eligible when it has been identified as a need in the six year CIP, in the County Comprehensive Plan, or when it can be shown as necessary and based on recent growth trends. Municipal projects will be considered if the project is not exclusively for municipal residents or if the project is a cooperative effort by municipal, county and/or state agencies. Operating costs that are associated with the capital projects are located in the Capital Budget Fund section of the Operating Budget. These costs will impact the Operating Budget once a project has been completed. CIP Adopted Book The approved six year Capital Improvement Program (CIP) for fiscal years 2023 2028 is provided in detail in a separate publication. The following pages show an overview of the CIP and the detail information for all the projects can be found in the separate publication.

The approved CIP was able to identify full or partial funding for 155 projects that totaled $1,158,158,048.

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