The City of Henderson publishes its Capital Improvement Plan (CIP) annually as a rolling plan document for all municipal capital expenditures. This year’s CIP details the projects planned from July 1, 2020, through June 30, 2025. The capital budget for FY20 is included, as well as proposed future capital expenditures through the six-year planning timeframe and beyond. Operations and Maintenance costs associated with the completion of new capital projects are estimated in the individual project pages and are provided for use in long-range planning of the city’s operating budget.
It should be noted that the priorities assigned to projects in the detail pages are flexible, as they may change as development progresses. Also, the cost estimates in the detail pages are preliminary in nature, as design has not taken place in most cases. For projects beyond the immediate fiscal year, the city may not be able to provide the level of funding requested, even with some sources of funds available externally. For example, some projects outlined for the future may in whole or in part be provided by developers as construction in our city continues. Because of these uncertainties, the CIP process is renewed every year.
Capital Improvement Plan for Fiscal Years 2020-2025