It is the Authority's policy to establish and maintain a capital expenditure plan. The plan shall be updated annually and shall project capital needs for a five-year time horizon.
[HISTORY: Adopted by the Board of Directors of the Valley Forge Sewer Authority at time of adoption of Code; see Ch. 1, Adoption of Code. Amendments noted where applicable.]
GENERAL REFERENCES
Use of revenues — See Ch. 57.
All expenditures estimated to have a project cost of over twenty-five thousand dollars ($25,000.) shall be included in the plan.
The plan shall be approved annually by the Board.