A Capital Improvement Plan (CIP) is a short-range plan that identifies outstanding capital improvements, as well as options and a schedule for financing those improvements. Under Section 6-10 of the Weymouth Town Charter, the Mayor is charged with preparing a CIP for a planning period of five years and annually revising this plan with regards to capital improvements still pending or in the process of being acquired, improved, or constructed.
The Town's Code of Ordinances, Section 3-217 establishes the Planning Board as the Town's Capital Planning Committee, responsible for assisting the Mayor in preparing the CIP. Each year, all Town officers, boards, and committees, including the School Committee, provide the Planning Board with information on anticipated capital projects with a minimum aggregate cost of $25,000. The Planning Board considers the relative need, timing, and cost of these projects and submits to the Mayor an annual report containing a CIP for the next five fiscal years.