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BOARD OF REGENTS OF THE UNIVERSITY OF WISCONSIN SYSTEM Capital Planning & Budget Committee Thursday, July 8, 2022 10:45 a.m. 12:00 p.m. Gordon Dining & Event Center, 2nd floor 770 W. Dayton Street
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How to fill out capital planning amp budget

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Identify the goals and objectives of your organization's capital planning and budget process.
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Determine the capital needs of your organization by assessing the current state of your assets and infrastructure.
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Develop a prioritization framework to rank and prioritize capital projects based on their importance and potential impact.
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Estimate the costs associated with each capital project, including construction, maintenance, and operational expenses.
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Create a capital budget by allocating financial resources to each capital project according to the prioritization framework.
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Monitor and track the progress of capital projects to ensure they are implemented according to plan and budget.
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Evaluate the outcomes and benefits of capital projects to inform future capital planning and budgeting decisions.
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Continuously review and update your capital planning and budget process to adapt to changing organizational needs and priorities.

Who needs capital planning amp budget?

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Capital planning and budgeting is typically needed by organizations that have significant investment in assets and infrastructure.
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This includes government agencies, public utilities, large corporations, educational institutions, and non-profit organizations.
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These organizations need capital planning and budgeting to ensure efficient and effective allocation of financial resources to maintain and improve their assets.
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It helps organizations prioritize and plan for capital projects that align with their strategic goals and objectives.
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By utilizing capital planning and budgeting, organizations can make informed decisions about when and where to invest their financial resources.
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Capital planning amp budget is a process that involves outlining an organization's financial strategy for acquiring, managing, and investing in capital assets.
All organizations, including government agencies and businesses, are required to file capital planning amp budget.
To fill out capital planning amp budget, organizations need to gather information on their current assets, future investments, and financial goals.
The purpose of capital planning amp budget is to ensure that organizations allocate their resources efficiently and effectively to support their long-term goals and objectives.
Information such as projected expenses, revenue sources, investment opportunities, and asset management strategies must be reported on capital planning amp budget.
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