Site work for a water / sewer project in Harrisonburg, Virginia. Conceptual plans call for site work for a water / sewer project.

Update: Harrisonburg Public Utilities formats its Capital Improvement Program (CIP) to provide funding for two applications: 1. Capital Rehabilitation and Retirement (R&R): R&R is the retirement of existing assets at an optimum time near the end of their life cycle but with opportunity to avoid ancillary financial, social or environment burden. The HPU CIP process uses asset retirement date forecasts made from known installation dates and from Manufacturer's Anticipated Service Life (MASL). The CIP process provides Future Asset Replacement Cost (FARC) by inflating the Current Asset Replacement Cost (CARV) by two-andone-half percent annually to the retirement date. 2. Capital Expansion (Expansion): Expansion is the addition of new assets with the purpose of expanding service, capacity, functionality or strategy of operations. NOTE: Because rates cannot be adjusted annually to meet the schedule of fluctuating costs, HPU determines the sum and the uniform funding that is required throughout the immediate upcoming 25 years period. The latter is the Annual Cost of Sustainable Service Operation (ACSO) and is used for funding and expense scheduling. Adjustments are made when rates will not support the ACSO or when expenses are significant to require debt. Project is included City of Harrisonburg Fiscal Year 2026-2030 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- proj202 Harrisonburg Public Utilities formats its Capital Improvement Program (CIP) to provide funding for two applications: 1. Capital Rehabilitation and Retirement (R&R): R&R is the retirement of existing assets at an optimum time near the end of their life cycle but with opportunity to avoid ancillary financial, social or environment burden. The HPU CIP process uses asset retirement date forecasts made from known installation dates and from Manufacturer's Anticipated Service Life (MASL). The CIP process provides Future Asset Replacement Cost (FARC) by inflating the Current Asset Replacement Cost (CARV) by two-andone-half percent annually to the retirement date. 2. Capital Expansion (Expansion): Expansion is the addition of new assets with the purpose of expanding service, capacity, functionality or strategy of operations. Project is included City of Harrisonburg Fiscal Year 2025-2029. As of April 4, 2025, project is funded for FY2025 and past 2029. *Project information has been obtained through a public capital improvement plan (CIP). A CIP is a financial schedule for short- and long-range projects which is updated regularly. Information listed in the CIP often evolves based on funding availability and the project details, including timeline and value, are subject to change. The content management team will continue to pursue additional details as they become available.