Capital Improvement Plan (CIP) – FY 2024-2029 [PENDING]

Abstract
To ensure we are consistently tracking and appropriately managing assets congruent with expectations, this planning document was developed in consultation with City of Lake City staff to buttress the Master Plan, and further ensure we have measurable benchmarks and a planning framework we can stand behind during the delineated period.

Introduction
This document was developed to ensure our operations and planning efforts are congruent with principal themes identified in the development of the Master Plan, and further this document will give us a clear plan, or minimally an outline for ongoing budgeting and assessment. As a rule, or more of a general disclaimer, the validity of this document is dependent on our ability to continually monitor project costs and improvements, and further the referenced analysis should be assessed by all stakeholders, and improvements or changes should be documented every six months to ensure fiscal year improvements are realized as we anticipated. In short, the subsequent program data, figures, and analysis will need to be continually evaluated and/or revised once specific General Needs Assessments have been completed, and we have actual program data over time to assess.