Which of the following is NOT a key component of a capital improvement plan (CIP)?

Prepare for the GFOA Capital Planning and Forecasting Test with comprehensive material. Utilize flashcards and multiple choice questions, each equipped with hints and explanations. Ensure your readiness for the test!

In a capital improvement plan (CIP), the key components typically align with the goals of efficiently managing and implementing projects that aid in the long-term infrastructure and service needs of a community. Among the essential components, project priorities define the order and significance of projects, funding sources identify where the money will come from for these projects, and timelines establish when projects are expected to start and finish.

While community feedback is a valuable aspect for developing and refining a CIP, it is not classified as a foundational component. Instead, community feedback is more of an adjunct process that helps inform the development of the CIP, ensuring that projects align with community needs and priorities. Therefore, it is less about the structural integrity of the plan itself and more about enhancing the plan’s relevance and acceptance by the community it serves.

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