Approved CIP 2018-2023

A six-year Capital Improvements Program is developed and updated annually. The following pages contain the City of Lebanon’s 2018-2023 CIP. The cost of individual projects are based on the best estimates available at the time this plan was prepared; actual project costs are a function of detailed study by architects and engineers.

In reviewing the CIP it should be kept in mind that it is one of the community’s most important physical and financial planning tools. It should be noted that no formal action is required by the City Council on financing for years two through six of the CIP (2018-2023); only year one (2018), will be considered as part of the approval process of the 2017 Budget by the City Council. Proposals set forth in this CIP and succeeding CIPs influence the standard of facilities and services the City of Lebanon provides its citizens in the future. As such, careful analysis and evaluation is necessary if it is to serve as a rational planning guideline for necessary community improvements.

This 2018-2023 Capital Improvements Program (CIP) is an essential component of the City’s financial planning effort and provides the long range perspective and framework for addressing its capital improvements needs. As a companion to the annual budget, the CIP provides the mechanism for anticipating future facility and infrastructure requirements and ensuring that they
are funded in a responsible and systematic fashion.