Appendix 1. Capital Expenditure Proposal Template (This form should be used for the approval of capital expenditures costing greater than $1,000 with a useful life of more than one year that are capitalized on the balance sheet as fixed assets.) Capital Expenditure Proposal Section 1: Background Describe here the project background, description, timeline, strategic rationale, and expected impact. Section 2: Financial analysis Identify and calculate the key metrics that will be used to analyze the decision. This might include proforma financials, NPV, IRR, Payback, RDIC, break-even, and/or other measures