Department heads and elected officials shall submit any suggested projects to be included in the capital improvement plan to the Planning Committee, who shall develop a capital improvement plan that includes the following information on each project:
   (A)   Priority of need within the requesting department;
   (B)   Justification for priority ranking;
      (C)   Estimated year project to commence;
      (D)   Estimated year project should be completed;
      (E)   Total estimated acquisition or construction cost;
      (F)   Proposed method of financing acquisition or construction;
      (G)   Annual debt service requirements of the project;
      (H)   Estimated annual operating expenses after completion; and
      (I)   Method of financing operating expenses.
(Board and Administrative Policies Manual, § 4.15)