What is the specific data elements included in a capital improvement plan and the typical time period of a capital improvement plan -?
Short term= 2-5 years ex: new library branch, redo water tx facility
Long term= 5-10 years ex: new freeway, new arena or ballpark
Specific data elements: from Wikipedia
Establish a Capital Planning Committee with BylawsTake Inventory of Existing Capital AssetsEvaluate Previously Approved, Unimplemented or Incomplete ProjectsAssess Financial CapacitySolicit, Compile and Evaluate New Project RequestsPrioritize ProjectsDevelop a Financing PlanAdopt a Capital Improvements ProgramMonitor and Manage Approved Projects within the CIPUpdate Existing/Ongoing Capital Programs
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