LD 2120
pg. 1
LD 2120 Title Page Resolve, Establishing an Improved Capital Planning Process Page 2 of 2
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LR 1978
Item 1

 
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

 
Sec. 2. Duties. Resolved: That the duties of the group of agencies
set out in section 1 include, but are not limited to:

 
1. Reviewing all constitutional, statutory and executive
order authority guiding the State's capital planning process;

 
2. Defining capital expenditures;

 
3. Defining or distinguishing routine maintenance and major
maintenance expenditures;

 
4. Reviewing the present system for rating maintenance,
repair and other capital projects;

 
5. Reviewing the State's leasing practices;

 
6. Reviewing the State's fixed asset inventory system;

 
7. Reviewing the State's debt policies;

 
8. Developing a debt policy that integrates capital planning
and debt affordability;

 
9. Reviewing the feasibility of developing a 4-year capital
plan including a project tracking system; and

 
10. Developing and presenting a capital budget to policy
makers separate from the operating budget; and be it further

 
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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