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Overview <br />Purpose <br />The Capital Improvement Plan (CIP) is a forecast of EWEB's Water Division capital needs over <br />a five-yeaz period. These improvements are based on long range planning efforts, goals, and <br />policies. The 5-year CIP provides a guide for annual budgeting and aids in financial forecasting <br />to support projects. <br />Capital Projects <br />A capital project is an activity that constructs, improves, replaces, or repairs a fixed asset and <br />results in a permanent addition to EWEB's infrastructure inventory. This is accomplished <br />through one or more of the following. <br />• Acquisition of Property <br />• Construction of new facilities <br />• Rehabilitation, reconstruction, or renovation of an existing facility to a condition that <br />extends its useful life or increases its useful capacity <br />Fixed assets .include land, site improvements, buildings, pump stations, pipelines, treatment <br />facilities, and reservoirs. Equipment, fixed and attached to buildings and facilities are also <br />included. The purchase of portable equipment, computers and office equipment can also be <br />purchased with capital funds and is included in general plant capital. <br />CIP Goals <br />The goals of the 5-year CIP is to: <br />• Provide a guideline and balanced program for capital improvements over afive-year <br />period <br />.Provide a year by year plan for capital, improvements for use in, the.,annual; budget <br />prepazation , , ... <br />• Illustrate unmet capital needs based on anticipated funding levels <br />• Provide a mechanism to obtain additional funding . <br />~~~* ~. <br />Project Cate ories _ <br />,~ , <br />E~VEB s Fite-Year Capita )~lan ~s grouped by project categories: F~ach of the following project <br />categories is discussed m: d~il in~sttiisequent sections <br />