Capital Improvement Planning (CIP)
Oklahoma House Bill 2375, signed by Governor Walters on May 28, 1992, created a state Capital Improvement Planning (CIP) system to promote increased efficiency in the expenditure of public dollars on capital items. This creates a framework that encourages planning for future development, growth and improvement through inventory and analysis, policy development and implementation strategy. Grand Gateway staff works with the municipality to collect detailed inventory data including all city owned infrastructure. The information is compiled into a database, which is then connected to digitized maps, using precise GPS data, forming a Geographic Information System (GIS).
Benefits of Capital Improvement Planning
Municipal infrastructure assessment and planning, implemented correctly and thoroughly, can serve as a mechanism for identifying capital needs and setting priorities to ensure that critical infrastructure promotes community growth. It produces a 5 year Long Range Plan which includes a schedule of realistic needs with costs and methods of financing capital improvements. Benefits of Capital Improvement Planning include:
- Reduces the frequency of crisis adjustments and management.
- Facilitates efficiency among government departments and agencies.
- Promotes fiscal planning and improved bond ratings.
- Enhances decisions about community growth and development.
- Focuses attention on existing facilities and critical needs.
- Provides a framework for public education and participation.
- Fosters development of mechanisms for monitoring and revision.
- Improves intergovernmental cooperation
- State - level agencies use the information to address state, regional and local needs for the next 5 years.
- Saves limited community resources (dollars)
Oklahoma Department of Commerce provides CDBG/CIP grant funding for LMI eligible (51%+ low to moderate income) communities. Non eligible communities can contract with Grand Gateway to provide these services on a fee for service basis.
ODOC uses a completed CIP for additional points in their CDBG application process. These points can and do make the difference on whether a grant is awarded.