Capital Improvement Plan

The Village of Cross Plains is committed to the creation and preservation of the Village’s physical infrastructure including:

  • Communication and information management
  • Parks and open space
  • Public buildings
  • Roads and bridges
  • Storm water systems
  • Waste water
  • Water

Decision-Making Process

Because these assets require a significant commitment of public resources, planning for capital improvements is a matter of importance. The Capital Improvement Plan (CIP) is created to aid the decision-making process for the annual budget and to ensure the adequate acquisition, construction, maintenance, and improvements to Village capital assets. The CIP serves as a tool for determining the schedule of capital improvements and related financing.

Goals of the CIP

  • Balance desired improvements with the Village’s financial resources
  • Create a long-term road map and planning process for future capital needs
  • Ensure the timely repair and replacement of aging infrastructure and equipment
  • Identify the most economical means of financing capital improvements
  • Plan for future needs to help avoid sharp increases in tax rates, user fees, and debt levels

Capital Project Definition

For the purpose of the Village CIP, a major capital improvement is defined as the purchase, construction, major repair, reconstruction or replacement of capital items such as:

  • Bridges
  • Buildings
  • Equipment
  • Parks
  • Roadways
  • Storm Sewers
  • Vehicles

Capital Project Cost

The projects are usually of high cost (valued at $5,000 or greater) and have a useful life of several years. Project expenditures include all costs related to a project including, but not limited to: 

  • Construction
  • Engineering
  • Inspection
  • Land acquisition expenses
  • Legal
  • Permitting
  • Planning

Expenditures not meeting these criteria, or which have a useful life of less than the payback period of the funds to be borrowed, shall be included in the Village’s annual operation budget.

Adopted Capital Improvement Plan

At their meeting on August 24, 2020, the Village Board approved the 2021 to 2025 Capital Improvement Plan. Please view the adopted plan (PDF). The Village Board adopts the next year's capital improvement budget as part of its annual budgeting process.