No budget can fund every capital request. Therefore, capital budgeting requires that governments understand community priorities, appropriately assess needs, prioritize requests, and deliver completed projects. This session will provide best practices and case study examples on how to balance the prioritization of needs and available funding options, assess impacts on service-level requirements and community needs, and analyze the potential impacts of capital projects on the operating budget. The session will also cover how to combine rigorous asset maintenance and replacement policies and procedures to get the most out of your existing infrastructure and capital budget dollars.
If I Had $1,000,000: An Effective Capital Budgeting Process
Tuesday, May 23, 2017 - 2:00pm to 3:15pm
Four Seasons ballroom 1
Field of Study: