By Amy B Wang | The Arizona Republic
Phoenix plans to spend an estimated $3.16 billion on capital-improvement projects during the next five years, according to the city’s 2013-18 Capital Improvement Program report.
The figure is about par with the city’s 2012-17 plan of $3.22 billion and $3.4 billion for 2011-16.
The Capital Improvement Program is a five-year plan for funding infrastructure projects in Phoenix, as opposed to day-to-day operating costs, across 22 city programs. Large projects, particularly in the aviation and transit departments, often get pushed back, resulting in slight fluctuations from year to year, Assistant City Manager Ed Zuercher said.
