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Municipal Technical Advisory Service (MTAS)

Capital Budgets and Multi-Year Budgets

Reference Number: MTAS-1829
Reviewed Date: 11/22/2022

Overview

A capital budget is a spending plan for improvements to or acquisition of land, facilities and infrastructure. This plan can also include plans for purchasing heavy equipment. The capital budget lists each project separately and identifies the funding source for each project. The capital budget is typically approved by the governing body.