Operating Budget & Capital Improvement Project (CIP)
2012 City of Raymore Budget
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Overview
The City of Raymore 2012 fiscal year (FY) began on November 1, 2011 and will end on October 31, 2012. The FY 2012 Operating Budget and Capital Improvement Program were adopted by the City Council in October of 2011.
Operating Budget
The Operating Budget serves as the City fiscal and management plan for the year. The City utilizes a program / performance budget that includes goals and expenditures related to the programs provided by the City.
Capital Improvement Program (CIP)
The CIP is a five-year plan that outlines the future capital needs of the City. The first year of the program, the Capital Budget is adopted as part of the Operating Budget. The CIP guides the development of infrastructure and facilities for the City. CIP is a guide toward the efficient and effective provision of public facilities.
The result of this continuing programming process is the CIP, a document published annually that proposes the development, modernization, or replacement of physical public projects over a multi-year period. The CIP shows the arrangement of projects in a sequential order based on the schedule of priorities and assigns an estimated cost and anticipated method of financing for each project.