The Capital Improvement Plan (CIP) was developed in FY 2013 and the resolution of the CIP was adopted in FY 2014. Attached are the documents that
were presented to City Council and other organizations. Each year, based on discussion and feedback from the City Council, the CIP is updated. The discussion is to assist City staff in updating the CIP for FY 2021-FY 2025 and its affect on the FY 2021 budget planning process.
Answer: A capital improvement generally is defined as a non-recurring expenditure or any expenditure for physical improvements, including costs for
the acquisition of existing buildings or land; construction of new structures such as the proposed 2.27 million new Beaufort fire station at Mossy Oaks; construction/expansion of streets, highways, sidewalks or utility lines; acquisition of fixed equipment including police vehicles or fire trucks; landscaping; and similar expenditures.
Answer: Beaufort s Capital Improvement Plan (CIP) is a plan that examines capital needs against the City s overall goals and objectives. The Capital
Improvement Plan is a short-range plan, usually one to five years, which identifies capital projects and equipment purchases, provides a planning schedule and identifies options for financing the plan. The plan links the City and its comprehensive and strategic plans to the City s annual budget.
Answer: It s a multi-step process to tie capital needs to the Beaufort Civic Master Plan and Council goals. Key points include: Expenditures related
to completing Capital projects generally span longer than an operating year; there is an integration between the Capital projects budget and the operating budget; and once the decision is made to move forward on implementing capital projects, those plans cannot easily be changed because of payments made and projects being started.
The Civic Master Plan is the result of extensive efforts to establish principles and standards for all public and private development. It provides a
guide for identifying and promoting investments within the City. The Civic Master Plan is expected to generate discussion points, establish budget priorities, and create targeted projects and/or areas for the City over the next generation.