Guidebook on Capital Investment Planning for Local Governments

Journal Article

Guidebook on Capital Investment Planning for Local Governments

Abstract

The purpose of this guidebook is to provide practical advice to local governments (LGs) and their advisors on how to establish and maintain a process of planning and funding capital investment as a regular activity integrated with other activities of the LG and based on principles of good public management. The guidebook is addressed mainly to cities that have not yet established such a process. However, it also can be used by cities with established capital investment planning, because the guidebook addresses important aspects often not incorporated in existing practices, such as life-cycle costing or land financing.

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