2027-2032 Capital Improvements Plan Update

The Town of Wake Forest will host a public hearing to gather public input for inclusion in the 2027-2032 Capital Improvement Plan (CIP) Update during the Board of Commissioners (BOC) meeting on Tuesday, Sept. 15. The meeting will begin at 6 p.m. in the Town Hall Board Chambers, 301 S. Brooks St.

Wake Forest community members are invited to attend the session and provide their input in this important process.

Town staff are in the process of considering projects to include in the CIP Update which covers the five fiscal years from 2027-28 through 2031-32.

Share Your Thoughts & Opinions

In the "Share Your Feedback" section below, please share your thoughts and opinions on the specific areas in which the Town should focus over the next five years. All comments received will be shared with the BOC for consideration and will become part of the public record.

Capital Improvement Plan 101

The CIP is a five-year plan identifying the Town’s capital outlay and improvement needs. As a long-range plan, the CIP reflects the Town’s policy regarding long-range physical and economic development. By providing a planned schedule of public improvements, the CIP outlines present and future public needs and priorities. A capital improvement is defined as any expenditure for equipment, buildings, infrastructure, land acquisition, plan, or project in which the cost exceeds $25,000 and the estimated useful life is greater than one year.

The Town of Wake Forest adopted its first CIP in 1985. However, capital project planning is an ongoing process, so the CIP document has been updated each year since then. Changing needs and priorities, emergencies, cost changes, mandates, and advancements in technology all require the CIP to be updated annually.

The CIP Update is the first step in the annual budgeting process and will outline the Town’s official commitment to funding capital expenditures in the upcoming budget. Later in the year during the annual budget process, Wake Forest refines first-year projects and develops a financing plan within the budget to fund those expenditures receiving the highest priority.

Mark Your Calendar

Town staff will present the CIP Update to the BOC during the BOC work session on Tuesday, Dec. 1. Discussion with the BOC and final approval is scheduled for the BOC work session on Tuesday, Jan. 5, 2027.