The Town of Colonial Beach Capital Improvement Program refers to the plan's budgets. It actualizes capital and non-capital improvement projects related to buildings owned by the Town and Town Schools. It is one of several funds in the town's budget.
The Capital Improvement Program Fund is used to account for all financial resources that are needed in the acquisition or construction of capital assets. Revenues for this fund are obtained from bond issues, a transfer from the General Fund, a contribution from the Schools for their small capital projects program, and grants from other sources.