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ERIC Number: ED252356
Record Type: Non-Journal
Publication Date: 1980-Oct
Pages: 12
Abstractor: N/A
Programming Capital Improvements. Coping With Growth.
Meyer, Neil L.
Capital improvements programming is one financial managment technique for providing public services within the constraints of limited financial resources--a particular problem for communities experiencing rapid population growth. Long-range planning and improvement of public facilities for water supply, sewage treatment, parks and recreation, transportation, housing, health care, education, and other facilities are of special concern. So that the capital improvements programming process can be better understood, this guide first provides the necessary definitions for capital expenditure, capital program, capital budget, and capital improvements, and contrasts the annual capital budget (short term) and the capital improvements program (long range). After explaining that responsibility for developing a capital improvements program varies with locale, the guide describes main participants in the process along with their activities: chief executive, planning agency, coordinating body, operating departments, governing body, citizens' advisory committee, and consultants. The seven major steps listed and discussed for programming capital improvements are: submission of project proposals to program coordinator; evaluation and selection of projects for inclusion in the program; financial analysis of the jurisdiction's ability to pay and selection of the means for financing; preparation of a proposed program; consideration and final approval by the governing body; public approval of financing arrangments; and annual review and revision. References conclude the guide. (BRR)
Western Rural Development Center, Oregon State University, Corvallis, OR 97331 ($.25 ea. or $4.25 for 14-part series).
Publication Type: Guides - Non-Classroom
Education Level: N/A
Audience: Community; Policymakers
Language: English
Sponsor: Extension Service (USDA), Washington, DC.
Authoring Institution: Oregon State Univ., Corvallis. Cooperative Extension Service.; Western Rural Development Center, Corvallis, OR.