Salem : Capital improvements program
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The CIP is a business document, which identifies programs and schedules, and presents a financing strategy for capital improvements. The CIP utilizes different infrastructure master plans (i.e. parks, shops facilities, water) to develop an inclusive list of potential capital projects so that funding for these projects may be considered comprehensively. This “level playing field” approach to project prioritization and capital financing allow the City to better assess and plan for its capital needs. Complex projects which overlap project groups/categories, such as transportation and utilities, may be constructed in unison resulting in project efficiencies that help to hold down costs. [From the document]
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