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Capital Improvement Program (CIP)
The Town of Bridgewater’s Capital Improvement Program (CIP) serves as a long-range planning tool to identify, prioritize, and fund important municipal projects that support Town services and infrastructure. These investments help maintain and improve public facilities, roads, parks, utilities, public safety equipment, and other essential assets that residents rely on every day.
By planning projects over multiple years, the Town can make informed financial decisions, proactively address infrastructure needs, and better position itself for grants and other funding opportunities while minimizing unexpected costs.
Long-Term Planning
Helps the Town identify future infrastructure needs and plan improvements in an organized, strategic manner.
Fiscal Responsibility
Supports responsible budgeting by prioritizing projects and spreading costs over multiple years.
Reliable Services
Helps maintain roads, buildings, equipment, and infrastructure needed to keep Town services operating efficiently.
How Capital Projects Are Funded
Capital projects may be funded through a combination of local revenues, borrowing, grants, state aid, and other funding sources. Careful planning through the CIP process helps ensure investments are made thoughtfully and aligned with the Town’s long-term priorities.