Capital Replacement and Improvement Plan 2024 – 2028
On October 17, 2023 the Wheeling Park District Board of Commissioners approved the 2024 – 2028 Capital Replacement and Improvement Plan. Capital improvements enhance, expand or maintain the infrastructure that the District needs to provide services to residents and support new growth and development. To ensure a high quality of services and amenities, infrastructure expansion and improvement must continue as the District’s demographics change and facilities age. The 2024-2028 Capital Replacement and Improvement Plan (CRIP) details long-range capital improvement needs by outlining $28,626,498 in infrastructure and equipment replacements, and improvements that the District plans to implement during a multi-year period.
To be included in the Capital Replacement and Improvement Plan, expenses:
- Must have a monetary value of at least $5,000;
- Have a useful life of at least three years;
- Result in the replacement of a fixed asset, or the creation of a fixed asset.
Additionally, included within the above guidelines are improvements or expansion of existing facilities/parks, construction of new facilities, purchase, improvement, and development of land, operating equipment and machinery for new or expanded facilities, and planning and engineering costs related to a specific capital replacement or improvement.