Capital Improvement Program Committee

The Capital Improvement Program (CIP) Committee develops a Capital Improvement Plan for capital expenditures of $10,000 and greater.  The Capital Improvement Capital Reserve Fund (CIP CRF) is one of several funding sources. Other funding sources for the CIP may include grant funding, taxation, unassigned fund balance, water system user fees, sewer system user fees, State funding sources, such as Highway Block Grant, Tax Increment Finance District Fund and more. Before expending any funds for recommended projects they are discussed and authorized by the Budget Committee and Select Board, or Town Meeting if financed.