Board of Supervisors adopts 2018 – 2022 Capital Improvement Program

Date: September 18, 2017

At its Regular Meeting on Tuesday, September 5, the Ferguson Township Board of Supervisors unanimously
adopted the 2018 – 2022 Capital Improvement Program (CIP). The Township's Capital Improvement Plan (CIP) is a financial guide for citizens, staff and the Board of Supervisors. The purpose of this document is to communicate the initiatives planned in the next five years. This is a financial plan, rather than an official budget. It is used to provide financial information for management to make decisions related to sustainability, future projects and revenues. The plan accounts for the Township's anticipated revenue from various sources, such as income taxes, property taxes and intergovernmental revenue. It also reflects how these resources will be used.

Generally, expenditures outlined in the CIP cost at least $2,500 and have an expected useful life of more than one year. Road improvements, vehicle and equipment purchases, information technology, and buildings are a few examples of items likely to be found in the CIP.

For the five years ending in 2022, the Township proposes spending $106.0 million (including $23.6 million in interfunds transfers and $82.4 million net) for all governmental funds.

Not surprisingly, capital projects like road improvements and expenses related to the Township’s stormwater management requirements are the highest category of expenditures – with a projected $13.6 million over the life of the CIP. Building expenditures are the next largest category, with a proposed new Public Works maintenance facility and the construction of a fire station to serve the western end of the Township occurring in the next five years.

Ultimately, the CIP is used to focus funding towards the goals of the Strategic Plan. Without this close relationship between the Strategic Plan and the CIP, it is highly likely that taxpayer resources may be used for short-term needs rather than in conjunction with a long-term strategy.

The following goals guide the preparation of the CIP:
1) Financial Stability
2) Economic Development
3) Growth Management
4) Environmental Stewardship
5) Best Management Practices for Operations
6) Increase Participatory Government
7) Promotion of Clean Renewable Energy
8) Promotion of Municipal Identity
9) Partnerships and Regional Thinking

It is important to note that the CIP is not an official authorization to spend money. Rather, it is a planning document that enables staff, residents, and elected officials in the Township to prepare for expenses that are likely to occur in the future. The expenditures are not authorized until they are adopted as part of the annual Operating Budget. Township residents had the opportunity to comment on the plan at one of two work sessions hosted by the Board of Supervisors.

The adopted 2018 - 2022 Capital Improvement Program (CIP) can be viewed online (at the link below), or by visiting the Ferguson Township Municipal Building at 3147 Research Drive.

2018 - 2022 Capital Improvement Program (CIP)