Overall limitations on debt to be incurred for capital projects

Act 147 of 1992, § 2, under CAPITAL BUDGET ACT OF 1992-1993 - ENACTMENT.

Act 147 of 1992, § 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 1992-1993 fiscal year, and thereafter until the enactment of the 1993-1994 capital budget specifying the maximum debt for the 1993-1994 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:

(i) Buildings and structures

$242,000,000

General Fund or

Special Fund as

applicable

(ii) Furniture and equipment

18,000,000

(2) Transportation Assistance Projects

120,000,000

General Fund

(3) Highway Projects

(i) Highways

14,000,000

Motor License

Fund

(ii) Bridges

39,000,000

(4) Redevelopment

Assistance Projects

10,000,000

General Fund

(5) Flood Control Projects

3,000,000

General Fund

Total

$446,000,000