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FISCAL YEARS 20212025 CAPITAL IMPROVEMENT PROGRAM Donna D. Holiday, Mayor City of Newburyport Adopted May 26, 2020___ CAPITAL IMPROVEMENT PROGRAM: FY2021FY2025 ___Contents Section I Executive Summary Section
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The FY2022-2026 Capital Improvement Program is a strategic plan that outlines the projects and initiatives concerning infrastructure development and improvement over a five-year period, focusing on investment in public assets.
Typically, local government entities, school districts, and other public agencies are required to file the FY2022-2026 Capital Improvement Program.
To fill out the FY2022-2026 Capital Improvement Program, entities must follow the guidelines provided by their government authority, which usually includes outlining proposed projects, funding sources, timelines, and justifications for each project.
The purpose of the FY2022-2026 Capital Improvement Program is to prioritize and plan for necessary investments in public infrastructure to improve community services, ensure safety, and stimulate economic growth.
The information typically required includes project descriptions, timelines, estimated costs, funding sources, and the anticipated impact on the community.
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