City council approves ten year capital improvement plan
NORFOLK - The Norfolk City Council approved the 2019-2028 Capital Improvement Program at its meeting Monday night.
Risk Manager Lyle Lutt told council members the CIP is a ten year outlook into the future purchases of $50,000 or more for the City across all divisions.
“Every item needs to have a funding source of some sort. Imagine it as a conveyor belt that is X-amount of dollars wide and ten years long. When something gets put on that conveyor belt, each year it feeds closer to the budget and plumps into it when the time comes” Lutt said.
He says also, just because an item like a firetruck is slated to be purchased in 2024, changes can be made if it’s not needed at that point or if it’s needed prior to then.
The council voted unanimously to approve the 2019-2028 Capital Improvement Program.