Capital Planning

Capital Improvement Plans (CIP) are essential multi-year planning documents for the large capital investments for any government.  The current year of a governmental budget has both an operating and a capital budget.  What are the key components needed to effectively communicate a Capital Budget (the Capital Budget is Year 1 or the current year of the CIP)?  The Best Practice (BP) on Capital Budget Presentation walks though the building block components of both good Capital Planning and the ability to articulate and measure those components to both internal and external stakeholders.

Learning Objectives:

• Understand the Capital Improvement Plan (CIP) process
• Identify steps to ensure a complete Capital Planning Process
• Engage a successful and effective plan to communicate a Capital Budget