What is mainly funded by a capital budget?

The capital budget is specifically designed for funding long-term investments that will benefit an organization over several years. This typically includes significant expenditures related to physical assets such as fire stations, major equipment purchases, and other large-scale infrastructure projects.

Fire stations and major equipment fall under this category as they represent substantial investments that contribute to the overall capability and readiness of fire services. This type of funding is distinct from the operational budget, which usually covers day-to-day expenses like staff salaries and routine maintenance costs. By allocating resources from the capital budget to fire stations and major equipment, fire departments can ensure they have the necessary facilities and tools to effectively respond to emergencies and serve the community. This aligns with the goal of maintaining and enhancing safety and service levels within the organization.