Capital Planning and Asset Management

GFOA's Best Practices on capital planning cover capital asset management, strategies for establishing capital asset renewal and replacement reserve policies, and more.

The municipal government of the District of Columbia (the “District”) is a leader in asset management and infrastructure renewal planning. This research explains the District’s approach through the lens of Financial Foundations for Thriving Communities.

On this Financial Foundations podcast, GFOA's Shayne Kavanagh talks with Darryl Street, David Clark, and Richard Dietz from DC Government about their leadership in asset management and infrastructure renewal planning.

The capital infrastructure built and maintained by local government is essential for a thriving community.However, the deficiencies in our communities’ infrastructure are well documented. A big part of the challenge is deciding how to allocate a limited budget between competing projects and interests.