§ 401-35. Overview.  


Latest version.
  • A. 
    As stated in the Town of Barnstable Charter, Section 6-5, Capital Improvements Plan, the capital improvement plan shall include:
    (1) 
    A clear summary of its contents;
    (2) 
    An itemization of all capital improvements, including those of the School Department, proposed to be undertaken during the next five fiscal years with supporting data;
    (3) 
    Cost estimates, method of financing, and recommended time schedules; and
    (4) 
    The estimated annual cost of operating and maintaining the facilities included.
    B. 
    In addition, accordingly, § 401-27F, Capital budgeting, of this document states that the Capital Improvements Plan (CIP) and the Capital Improvements Budget are developed through the following steps: selection of projects, forecasting of resources, and determining the financing method.