Since 1988, the City of Fayetteville has produced a five year Capital Improvements Plan (CIP). The CIP examines the infrastructure and capital needs of the City for the next five years. The CIP is reviewed and updated biennially to reflect the changing needs of the community and changes in available funding for financing capital projects. The CIP should be considered as a financial planning tool that lists the City's capital improvements projects and schedules the projects for funding and implementation.
The CIP should also be considered one of the primary policy making instruments utilized by the Mayor and the City Council. The City's practice has been to adopt the CIP for the forthcoming five year period and then incorporate the projects for the following two years into the next two budget processes. The Adopted 2015-2019 Capital Improvements Plan (CIP) was approved by the Fayetteville City Council on September 2, 2014.