The Village’s Multi-Year Capital Improvement Plan (CIP) is part of the long term strategic planning process. The CIP is presented annually as part of the financial planning and reporting process. Each year, Village staff meets with the Village’s Engineering consultants to update the CIP. The updated Plan is then presented to the Village Board in the fall in conjunction with the Multi-Year Financial Forecast which outlines available capital funding.
The plan provides information on maintenance and replacement activities for Village facilities and 3 main systems of infrastructure; Transportation & Drainage, Water and Sanitary Sewer.
The CIP is designed to focus on maintaining the Village’s existing assets as well as long range planning for upgrade and expansion as community needs evolve. The Plan is developed with input from the Village Board, Staff and consultants.