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The Capital Program is the City's financing and implementation plan for the
construction and renovation of City-owned buildings, public facilities and
infrastructure. Unlike the capital budget, which provides annual
appropriations for such improvements, the Capital Program is the City's six
year plan for investing in its facilities and infrastructure.
The Capital Program is financed by City general obligation bonds, self
sustaining revenue bonds (in the case of the International and Northeast
Airports and the Water Department), matched in some cases by state and
federal grants as well as private funding.

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