Adopted FY 2015 – FY 2024 Capital Improvement Plan (CIP)
On July 29, 2014, the Arlington County Board approved a $2.7-billion 10-year Capital Improvement Plan (CIP) for Fiscal Years 2015-2024. The plan funds County projects and infrastructure. The Arlington Public Schools adopted a $534.1 million CIP in June, bringing the total to $3.2 billion as the planned CIP investment over the next decade for both County and Schools.
“This CIP reflects the values and goals of our community,” said Arlington County Board Chair Jay Fisette. “The Board’s adoption of this plan comes after months of dialogue with Arlingtonians. Together, we’ve produced a balanced plan that maintains our existing infrastructure and makes strategic investments in our future. This is a prudent, financially sustainable plan that will meet the needs of our growing community and help maintain our triple-Aaa bond ratings.”
The Board voted 3 to 2 to adopt the CIP.
Below are links to the Proposed FY 2015 – FY 2024 CIP, as well as links to the board reports adopting the CIP, revised Debt & Financial Policies, and the Bond Questions & Explanations.
1. Proposed FY 2015 – FY 2024 Capital Improvement Plan – May 13
2. Adopted FY 2015 – FY 2024 CIP Board Report – July 19 Board Report Video
2. Adopted Debt & Financial Policies Board Report – July 19 Board Report Video
3. Adopted Bond Referenda Questions & Explanations – July 19 Board Report Video