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REPORT & RECOMMENDATIONS
of capital PLANNING COMMITTEE
finance COMMITTEE
TOWN OF FARNHAM
to the
SPECIAL TOWN MEETING & ANNUAL TOWN MEETINGMONDAY, MAY 17, 2021, at 6:00 PM
AT THE FARNHAM MIDDLE SCHOOL
___
Enclosed
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How to fill out capital planning committee

How to fill out capital planning committee
01
Identify the objectives and goals of the capital planning committee.
02
Determine the criteria for evaluating and prioritizing capital projects.
03
Develop a timeline and schedule for reviewing and approving capital projects.
04
Establish a process for requesting and submitting capital project proposals.
05
Review and analyze each capital project proposal based on the established criteria.
06
Present recommendations to senior management or the board for final approval.
07
Monitor and track the progress of approved capital projects to ensure they are completed on time and within budget.
Who needs capital planning committee?
01
Organizations or businesses that have significant capital investments or projects that require strategic planning and prioritization.
02
Senior management teams looking to align capital spending with organizational goals and objectives.
03
Board members or stakeholders who need to approve major capital expenditures and investments.
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What is capital planning committee?
Capital planning committee is a group responsible for reviewing and approving the allocation of financial resources for major projects and investments.
Who is required to file capital planning committee?
Government entities, organizations, and businesses that engage in significant capital expenditures are required to file a capital planning committee.
How to fill out capital planning committee?
To fill out a capital planning committee, you need to gather information on proposed capital projects, estimate costs, assess risks, and prioritize investments.
What is the purpose of capital planning committee?
The purpose of a capital planning committee is to ensure that financial resources are allocated efficiently and effectively to support the organization's strategic objectives.
What information must be reported on capital planning committee?
Information on proposed capital projects, estimated costs, funding sources, timelines, risks, and expected benefits must be reported on a capital planning committee.
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