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What is the Capital Improvement Program (CIP)?

April 26, 2017Capital CIP improvement program

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What is the Capital Improvement Program (CIP)?

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A schedule, adopted by a local legislative body and usually covering 3-10 years, of one-time municipal expenditures for the acquisition or construction of major public facilities – such as water and sewer systems, streets and highways, parks, waste disposal facilities, municipal buildings, etc.