Overall limitations on debt to be incurred for capital projects

Act 111 of 1988, § 2, under "CAPITAL BUDGET ACT OF 1988-1989".

Act 111 of 1988, § 2

Section 2. Overall limitations on debt to be incurred for capital projects.

The maximum principal amount of additional debt to be incurred during the 1988-1989 fiscal year, and thereafter until the enactment of the 1989-1990 capital budget specifying the maximum debt for the 1989-1990 fiscal year, for capital projects specifically itemized in a capital budget pursuant to section 7(a)(4) of Article VIII of the Constitution of Pennsylvania, and the fund to be charged with the repayment of such debt, shall, with respect to each category of capital projects, be as follows:

Category

Amount

Fund

(1) Public Improvement Projects: Department of General Services

(i) Construction

$165,000,000

General Fund or

(ii) Furniture and Equipment

10,000,000

Special Fund as

applicable

(iii) Flood Control

8,000,000

(2) Transportation

Assistance Projects

70,000,000

General Fund

(3) Highways

(i) General

42,000,000

Motor License

Fund

(ii) Advanced Construction Interstate

110,000,000

(4) Redevelopment

Assistance

75,000,000

General Fund

(5) Site Development: Pennsylvania Investment Infrastructure Authority

150,000,000

General Fund

Total

$630,000,000