Which of the following is included in Capital Projects?

In the context of capital projects, the correct answer encompasses a broad range of activities and investments that contribute to the development, improvement, or maintenance of physical assets that serve the public. This includes:

• The renovation of buildings, which may involve significant alterations or upgrades to existing structures to enhance their functionality or extend their lifespan.

• The acquisition of major equipment and personal property, which refers to purchasing large-scale equipment that is essential for the operation of facilities or services over several years.

• The improvement of public works and other structures, which covers a wide variety of infrastructure enhancements like roads, bridges, parks, and utility systems, all aimed at improving the quality of community facilities.

Capital projects are characterized by their long-term impact on public facilities and their financing over multiple fiscal years, making it essential to include all these activities under the umbrella of capital projects. Therefore, the inclusion of all the listed options highlights the comprehensive nature of capital projects in fulfilling public needs and enhancing the infrastructure within a community.