Public Sector & Government Budgeting - Capital Improvement Plan (CIP) Assignment

Public Sector & Government Budgeting - Capital Improvement Plan (CIP) - Assignment Example oosing projects, and in this instance, the LBRA involvement is vital to resolve the agony of blight and the blighting effect to the community around in the region. The third top factor that have been raised is selecting and giving first priority to those ventures that people are willing and ready to shore up to their accomplishment (Launar & Nollar, 2005). It is obvious that all the shareholders and the members in any company or an institution will always have the desire and the longing to see best improvement, from the effort they put in that company, cooperation or an institution. Therefore, the redevelopment and structuring projects are done in the accurate time. The arrangement, endorsement and planning of these projects are also done within the stipulated time in line with their accomplishment and the desire of the stake holders (Bland 2007). In the capital improvement policy statement, there are issues like appropriate management of resources and funds. Timely accomplishment of projects is also taken with greater weight in the policy. These issues are well addressed in the long beach city of California since most of the projects had been accomplished on time. The preparation of operating budget ought to be separated from the capital budget, to prevent the mismanagement of funds and resources. This may also be done to avoid interfering with each other final records. Finally, the separation may be done so as to have different independent projects that at the end will yield best