Date: 02/23/2006
Final
Capital Revenue and Appropriations
COMMITTEE ON CAPITAL DEVELOPMENT
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08:10 AM -- History of Capital Revenue and Appropriations
Ms. Jennifer Moe, Legislative Council Staff, presented a 20-year history of capital revenue and appropriations. Ms. Moe discussed a memorandum prepared for the committee by Legislative Council Staff detailing the 20-year history of capital revenue and appropriations (Attachment A). A discussion ensued regarding capital development cuts relative to transportation cuts. Discussion followed regarding the source of funding for Certificates of Participation payments, the timeline for setting capital construction priorities, and the Joint Budget Committee's figure setting schedule.