Overall limitations on debt to be incurred for capital projects

Act 182 of 2004, § 2, under CAPITAL BUDGET ACT OF 2004-2005 - ENACTMENT.

Act 182 of 2004, § 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 2004-2005 fiscal year and thereafter until the enactment of the 2005-2006 capital budget specifying the maximum debt for the 2005-2006 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

$335,000,000

General Fund or Special Fund as applicable

(2) Transportation Assistance Projects

150,000,000

General Fund

(3) Redevelopment Assistance Projects

270,000,000

General Fund

(4) Flood Control Projects

1,000,000

General Fund

Total

$756,000,000