Term
Capital Project Funds
Also known as: Capital funds, CIP funds
Funds that pay for capital improvements (large infrastructure projects with multi-year lifecycles).
Replenished by transfers from the General Fund, grants, impact fees, and bond proceeds. Examples: Fund 501 General Capital Improvements, Fund 304 Belle Haven Community Campus.
In Menlo Park
FY 2027 Capital Project Funds expense: $2.1M (operating budget view) / $3.1M (CIP plan view).