FY2025 Proposed Capital Improvement Program

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FY2025 Proposed Budget Capital Improvement Program

Introduction

The approved six year Capital Improvement Program (CIP) for fiscal years 2025 – 2030 is hereby presented. The CIP budget was proposed on April 15, 2024. Criteria Projects that meet the definition of a capital improvement are included in the 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.

Proposed CIP was able to identify full or partial funding for 164 projects that totaled $1,752,684,956.