The Capital Improvement Program (CIP) is a governmental fund that exists in the Capital Projects Fund for the purpose of aggregating resources to complete infrastructure improvements and large-scale capital projects. These projects are largely funded by the General Fund, Water fund and grants.
In the proposed Fiscal Year 2023-2024 Village Budget, the Capital Improvement Program includes a planned total of $6.2 Million in CIP expenditures. Of this $6.2 million, a majority of funding will help support road/sidewalk infrastructure improvements and Village facilities improvements. Below is a brief overview of all planned FY23-24 CIP Categories and Projects: