The Capital Improvement Planning Committee is charged with developing a five-year capital spending plan and financial policies for the Town of Brookfield that are necessary to obtain a bond rating for the town, which lowers interest costs on loans, helps control the tax rate by maintaining a consistent level of spending for capital projects, resists the temptation to defer capital spending in order to balance the town budget, which costs more in the long run, and allows the town the lead time to identify sources of grant funding for capital projects, saving the taxpayers money.

The committee drafted capital planning policies for selectmen adoption and proposed an initial Capital Spending Plan for FY18-FY24, including recommendations for capital articles presented at the Annual Town Meeting in June, 2018.