H.P. 1480 - L.D. 2120
Sec. 1. Review State Government's capital planning process. Resolved: That the Department of Administrative and Financial Services, in consultation with such other agencies as the commissioner considers appropriate, shall 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 Department of Administrative and Financial Services 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 shall make recommendations about the State's capital planning process to the Joint Standing Committee on Appropriations and Financial Affairs in such time as will allow legislation to be submitted to the next regular legislative session. The Joint Standing Committee on Appropriations and Financial Affairs may report out legislation as necessary to implement the recommendations of the department to the Second Regular Session of the 119th Legislature.
Effective September 18, 1999, unless otherwise indicated.
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