Date: 03/02/2006
Final
Overview of Capital Construction Funding
COMMITTEE ON CAPITAL DEVELOPMENT
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07:49 AM -- Overview of Capital Construction Funding Scenarios
Ms. Jennifer Moe, Legislative Council Staff, presented hypothetical scenarios for funding capital construction needs for FY 2006-07 and the next five years. Ms. Moe referenced a memorandum prepared by Legislative Council Staff, along with a number of attachments to the memorandum, how much revenue is needed to fund capital needs over the next five years and how need will grow if unfunded (Attachment B). Ms. Moe responded to questions regarding a request from the Transportation Commission. Ms. Moe explained various funding sources for meeting the growth of capital needs.
08:00 AM
Ms. Moe continued to brief the committee on capital construction funding, focusing on the future growth of capital need. Ms. Moe clarified the source of funding for COPs and responded to other questions. A discussion ensued regarding methods by which capital needs could be funded.