Date: 03/02/2010

Final
Prioritization of FY 2010-11 Capital Requests

COMMITTEE ON CAPITAL DEVELOPMENT

Votes: View--> Action Taken:
<none><none>



08:11 AM -- Prioritization of FY 2010-11 Capital Requests

The committee discussed the process for prioritizing state- and cash-funded capital requests for recommendation to the Joint Budget Committee. Committee members received a list of FY 2010-11 state-funded capital requests and a list of FY 2010-11 cash-funded requests, prepared by Legislative Council Staff (Attachments B and C, respectively). Committee members also received a description of each of the projects included in the Level I Controlled Maintenance request, prepared by Legislative Council Staff (Attachment D).

100302AttachB.pdf100302AttachC.pdf100302AttachD.pdf


08:12 AM -- Ms. Lisa Esgar, Deputy Director, Governor's Office of State Planning and Budgeting (OSPB), came to the table to respond to questions about Attachment A, and to review the OSPB funding recommendations. She explained that the vast majority of requests listed in Attachment A will not be funded. Discussion ensued about the priority order of projects listed in Attachment A. Ms. Kori Donaldson, Legislative Council Staff, responded to questions concerning the source of funds requested for projects #1 through #5 on Attachment A.


08:19 AM

Representative Riesberg commented on the locations represented by Level I Controlled Maintenance projects. Ms. Esgar addressed questions about moneys available from the Higher Education Federal Mineral Lease Revenues Fund for certificates of participation (COP) payments for 12 higher education projects included in the November 2008 COP issuance. Senator Bacon stated that the prioritization of projects requested for FY 2010-11 would lay over until the meeting on Thursday, March 4.


08:22 AM

Representative Riesberg asked about the progress of the Department of Revenue, Colorado Integrated Tax Architecture project (project #5 on Attachment A). Ms. Donaldson explained that moneys would be requested for the project through FY 2012-13.


08:24 AM

The committee adjourned.