Capital Improvement Project Funds are monies used to benefit the Hartford community at large through the addition of a structural change and/or tangible asset to existing public land or space.
Capital improvement projects are undertaken to acquire or enhance capital assets and are differentiated from ordinary repairs or maintenance of a recurring nature. They are required to have a useful life of five or more years.
Examples include:
Planting of trees at public schools
Painting and installation of murals on city-owned property
Physical enhancements (such as warming igloos and skating aids) to a free, publicly-accessible ice skating rink