| | Sec. 1. Review State Government's capital planning process. Resolved: That the | Department of Administrative and Financial Services, the State | Planning Office, the Department of Transportation and the Office | of the Treasurer of State shall jointly review the current | methodology used to plan for, and recommend, capital | expenditures. For the purposes of this resolve, "capital | expenditures" includes renovations, repairs, major maintenance, | new construction, land purchases and equipment purchases | exceeding $3,000; and be it further |
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| | Sec. 2. Duties. Resolved: That the duties of the group of agencies | set out in section 1 include, but are not limited to: |
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| | 1. Reviewing all constitutional, statutory and executive | order authority guiding the State's capital planning process; |
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| | 2. Defining capital expenditures; |
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| | 3. Defining or distinguishing routine maintenance and major | maintenance expenditures; |
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| | 4. Reviewing the present system for rating maintenance, | repair and other capital projects; |
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| | 5. Reviewing the State's leasing practices; |
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| | 6. Reviewing the State's fixed asset inventory system; |
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| | 7. Reviewing the State's debt policies; |
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| | 8. Developing a debt policy that integrates capital planning | and debt affordability; |
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| | 9. Reviewing the feasibility of developing a 4-year capital | plan including a project tracking system; and |
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| | 10. Developing and presenting a capital budget to policy | makers separate from the operating budget; and be it further |
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| | Sec. 3. Recommendations. Resolved: That the Department of | Administrative and Financial Services, the State Planning Office, | the Department of Transportation and the Office of Treasurer of | State shall make recommendations about the State's capital | planning process to the Joint Standing Committee on | Appropriations and Financial Affairs by December 31, 1999. The | Joint Standing Committee on Appropriations and Financial Affairs | may report out legislation as necessary to implement the | recommendations of the reporting group to the Second Regular | Session of the 119th Legislature. |
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