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.
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.