So, What’s a CIP?
WHAT IS A CAPITAL IMPROVEMENT PLAN?
A Capital Improvement Plan — or CIP — lays out the financing, location, and timing for capital improvement projects over several years. A CIP typically consists of one or more capital improvement projects, which are financed through a capital budget or county bonds. CIPs are important tools for local governments, allowing them to plan strategically for community growth and transformation
WHAT IS A CAPITAL IMPROVEMENT PROJECT?
A capital improvement project is any major improvement to county facilities or infrastructure. In the case of this plan, Caldwell County is looking specifically at transportation projects. This could include improvements to existing roadways, new construction of roads, improvements to bridges or low water crossings, or trail and sidewalk construction.
Each project is designed to address the county’s infrastructure needs, both current and future.