Clone of Capital Improvement Plan (CIP)
Capital Improvement Plan (CIP) documents are prepared to educate citizens about capital planning within the City’s financial forecast. Progressive organizations focus on capital planning because it allows for targeted, strategic financial decision-making that results in critical projects that leave a lasting impact on a community. West Linn has evolved over the past five years. Where we were once reactionary in our approach to budgeting, finance, and special projects, we are now a strategic, nimble organization that can use carefully crafted five-year financial forecasts to predict revenues and expenditures.
The creation of a CIP document will allow this forward thinking to continue, and for West Linn residents to better understand the financial picture for the City agency, and where important capital projects are prioritized. And in many cases, this document will illustrate where funding deficiencies occur and capital projects are delayed due to lack of available funding.