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Capital Improvement Program <br />A capital improvement program (CIP) is a plan for capital <br />expenditures to be incurred each year over a fixed period of years <br />to meet anticipated capital needs. This program identifies <br />projects which the county plans to undertake and presents estimates <br />of the costs and the full resources needed to finance the projects. <br />The Capital Improvement Element (CIE) itself consolidates the <br />capital improvement needs of all elements of the comprehensive plan <br />into an overall 5 to 7 -year Capital Improvements Schedule. The <br />overall program lists the needs, costs, timeframes, priorities and <br />the necessary financial resources to implement the identified <br />capital improvement projects in the various elements of the plan in <br />the next 5 to 7 years. <br />Impact fees are charges to developers for off-site improvements <br />that must be provided by the local government to serve new <br />;development. This financing technique is one strategy the county <br />can use for implementing the Capital Improvements Element (CIE). <br />Currently, the county has traffic, water and sewer impact fees in <br />place. These fees are discussed in further detail in their <br />applicable elements. <br />Impact fees may indirectly affect the timing and location of <br />development. For example, a development may choose to locate in an <br />area having lower traffic impact fees, since these fees vary in <br />costs depending on the location in the county. Also, impact fee <br />costs may postpone or prohibit development from occurring due to <br />the potential economic hardship. <br />Enterprise Funds <br />Enterprise funds are used to account for operations that are <br />financed and operated in a manner similar to private business <br />enterprises, when the intent of the governing Board is that the <br />full costs of providing the service to the general public on a <br />continuing basis be financed or recovered primarily through user <br />charges. <br />Enterprise funds have been used to ensure that the true cost of a <br />facility or service is born by the user or recipient through <br />collection of user charges. Currently, the county operates its <br />solid waste services, golf course facility, building department <br />services and utility services as enterprise funds. <br />