The City of Gilroy’s Capital Improvement Program (“CIP”) is an ongoing budget process for identifying, prioritizing, and developing a multi-year work plan for major capital expenditures and their associated funding sources, in an effort to improve and maintain the City of Gilroy’s roadways, parks, facilities, and other infrastructure.
Generally, CIP improvements are major expenditures that have a multi-year life and result in becoming City assets. The CIP is a strategic planning tool focusing on City-owned infrastructure, summarizing in one document the City’s overall capital project needs and associated funding requirements during a five year period. The CIP document is a work plan and a planning tool and should be used as such in the biannual operating budget preparation process. There are a wide variety of funding sources for CIP projects, some steady and predictable while others are dependent on outside agencies.
City Council Meeting
WHAT: City Council Adoption of the FY21-25 Capital Improvement Program Budget