Sound capital planning requires that organizations prepare long-term capital improvement plans that not only identify potential projects, but also prioritize those projects, identify potential impact on future budgets, project operating impacts on both service levels and ongoing expenses, and present an accurate look at the next 5+ years. The session will provide examples of long-term capital planning and debt management tools, will touch on the increased focus on long-term capital planning by the rating agencies, and will discuss ways in which to engage elected officials and senior administration officials in priority-setting for capital improvements.
Realistic Capital Improvement Planning
Sunday, May 18, 2014 - 3:50pm to 4:40pm
Field of Study:
Business Management & Organization