Community Capital Planning - Firebird Business Consulting

Community Capital Planning and Municipal Capital Planning - A long-term capital plan forecasts the required infrastructure capital to manage growth and maintain continuity in municipal service delivery while balancing affordability with the expected services to community. The capital plan provides the framework for long-term infrastructure planning and fiscal management through:

• Supporting better decision making through quality data
• Identifying strategic investments based on business case models
• Minimizing fiscal risks through multi-year budgeting
• Increasing grant funding preparedness by early identification of capital priorities

A Municipal Capital Plan and Community Capital Plan is based on understanding the current and future infrastructure needs and the available funding streams to address those needs based on timing and required investment.

The Municipal Capital Plan and Community Capital Plan is driven by community, Council, and administrative priorities that set the direction for sustainable infrastructure investments through fiscal management by developing a consistent and structured decision-making process for all capital projects, including objective prioritization of proposed projects including consideration towards community objectives based on community need for service.