The Capital Improvement Plan (CIP) is the planning mechanism by which the Town Council allocates limited financial resources to implement long term goals as defined in the Town’s Strategic Plan, Peak Plan 2030, the 2011 Transportation Plan (as updated), the Parks and Recreation Master Plan, and other similar planning documents.
The purpose of the CIP is to forecast and match projected revenues and major capital needs over a five-year period. Capital planning is an important management tool that strengthens the linkage between community infrastructure needs and the financial capacity of the Town.