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Projects and acquisitions in the first year of the CIP forecast period become the capital budget for that budget year. Most capital project or acquisition requests initially enter the CIP in one of the later planning years of the forecast period and then progress toward completion. This process creates a system for approval and completion of capital projects that supports planning and accountability.

Capital projects are defined as major, non-recurring investments in physical infrastructure and facilities that exceed $50,000 in cost, require more that 12 months to complete and have a useful life of at least 5 years. The purchase and replace of vehicles and technology equipment are not considered capital project, but do meet the $5,000 capitalization threshold and are considered capital assets. Investments in streets, sidewalks and utilities line qualify based on the cost of the entire program, not necessarily individual projects.