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SPONSOR: |
SFC |
DATE TYPED: |
|
HB |
|
||
SHORT TITLE: |
Capital Expenditures |
SB |
CS/134/aSFL#1 |
||||
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ANALYST: |
Kehoe |
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APPROPRIATION
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or
Non-Rec |
Fund Affected |
||
FY03 |
FY04 |
FY03 |
FY04 |
|
|
$8,800.3 |
|
|
|
Non-Recurring |
General
Fund |
|
|
|
|
|
|
(Parenthesis
( ) Indicate Expenditure Decreases)
LFC Files
SUMMARY
Synopsis
of Senate Floor Amendment #1
Senate Floor Amendment #1 to CS/SFC/SB 134
replaces the “construction of a wastewater treatment facility” with
“construction at a fire department” in
Synopsis
of Committee Substitute
Senate Finance
Committee Substitute for Senate Bill 134 appropriates $8,800.3 from the General
Fund to 14 state agencies or universities for funding 144 capital outlay
projects statewide.
Significant
Issues
Section 1 of the bill contains provisions for
the limitations and reversions of the general funds appropriated in the
bill. Specifically, general fund
balances for projects for which appropriations were made to match federal grants
must revert six months after completion of the project; appropriations to
purchase vehicles, heavy equipment, educational technology or equipment or furniture
not related to a more inclusive construction or renovations project will revert
at the end of fiscal year 2004; appropriations to purchase emergency vehicles
or other vehicles that require special equipment, such as ambulances, police
vehicles, etc., will revert at the end of fiscal year 2005. For all other projects reversions must be
made within six months of completion of the project, but no later than the end
of fiscal year 2008.
Subsection C specifically states that money
appropriated in this bill cannot be used to pay indirect project costs.
Subsection D defines “unexpended balance” as the
remainder of an appropriation after reserving for unpaid costs and expenses
covered by binding written obligations to third parties.
Section 16 states that if an appropriation for a
project contained in this bill is not sufficient to complete all the purposes
specified, the appropriation may be expended for any portion of the purposes
specified in the appropriation. However,
expenditures cannot be made for purposes other than those specified in the
appropriation.
Section 17 provides that the appropriations
authorized in the bill include one percent for the Arts in Public Places Fund.
The bill contains an emergency clause.
FISCAL IMPLICATIONS
The appropriation of
$8,800.3 contained in this bill is a non-recurring expense to the general fund.
Any unexpended or unencumbered balance remaining at the end of fiscal year
2008, unless as otherwise provided, shall revert to the general fund.
A total of $12,600.0
was available to the Senate for expenditures in either Senate Bill 655, the
Supplemental General Appropriations Act, or CS/SB 134/a/SFl#1. The $8,800.3 reflects the capital outlay
portion of the available funding.
LMK/njw:yr