Overall limitations on debt to be incurred for capital projects

Act 31 of 1993, § 2, under CAPITAL BUDGET ACT OF 1993-1994 - ENACTMENT.

Act 31 of 1993, § 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 1993-1994 fiscal year, and thereafter until the enactment of the 1994-1995 capital budget specifying the maximum debt for the 1994-1995 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

$180,000,000

General Fund or

Special Fund as

applicable

(ii) Furniture and Equipment

18,000,000

(2) Transportation Assistance Projects

162,000,000

General Fund

(3) Bridge Projects

25,000,000

Motor License

Fund

(4) Redevelopment Assistance Projects

35,000,000

General Fund

(5) Flood Control Projects

10,000,000

General Fund

Total

$430,000,000