In 2018, the City of Chatfield established a Capital Financial Plan for the purpose of developing an understanding of the City’s financial condition and to provide a tool to evaluate the feasibility of future capital improvement projects and purchases. Capital financial planning helps balance two competing needs; (1) the need to complete capital projects and (2) the need to preserve or improve the financial condition of the City. The City uses a customized computer model to show the financial impact of a particular approach to a series of projects. Using this model, the City can quickly see in graphic terms the impact of proposed projects on the City’s financial condition, and weigh the pros and cons. The City strives to update the model annually, typically in the Fall.
2024 Capital Financial Plan
2023 Capital Financial Plan
2022 Capital Financial Plan
