Capital Planning

LOTT conducts ongoing planning efforts to ensure the organization is prepared to meet the changing needs of our communities and the levels of service set by the Board of Directors. Continuous planning is key to this process and allows LOTT to evaluate the condition of assets, monitor system capacities, forecast future demands, adapt to changing regulatory requirements, identify and prioritize capital projects, and project financial resources needed. Aspects of LOTT’s capital planning program are described below.