The five year capital plan and the 20 year capital expenditure program identifies all construction projects for the community and infrastructure improvements such as roads, dams, storm drains, curbs, gutters, sidewalks, streetlights and water systems. The plans serve as planning tools and are structured to present a meaningful perspective of the community's short-range and long-range needs.
The capital infrastructure projects are derived from various transportation and hydraulic analyses, computer models, infrastructure condition assessments, public input and operational concerns.
- Ensure that expenditures do not exceed funding and identify any projects that exceed expenditures.
- Allow flexibility in the plan to deal with unforeseen development / political pressure projects.
- Provide a manageable flow of work for staff to study, design, obtain approvals, purchase land and construct.
- Allow time for proper project definition, public consultation, project design, cost estimating and scheduling.
- Communicate corporate and departmental priorities within the department to other departments and the public.
- Coordinate project timing so that planning, design and construction costs are minimized.
- Coordinate projects so that disruption to neighbourhoods and businesses are minimized.
- Prioritize projects accordingly that account for environmental concerns, public health, future growth, feasibility and sustainability.
The 20 year capital expenditure program is prepared by prioritizing projects based on the following criteria in order of priority:
- Mandated projects
- Health and safety issues
- Community priority
- Operating costs
- Economic support