Overall limitations on debt to be incurred for capital projects

Act 59 of 1989, § 2, under "CAPITAL BUDGET ACT OF 1989-1990".

Act 59 of 1989, § 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 1989-1990 fiscal year, and thereafter until the enactment of the 1990-1991 capital budget specifying the maximum debt for the 1990-1991 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

$150,000,000

General Fund or

Special Fund as

applicable

(ii) Furniture and Equipment

14,000,000

(2) Flood Control

Projects

10,000,000

(3) Transportation

Assistance Projects

100,000,000

General Fund

(4) Highway Projects

(i) Highways and Bridges

30,000,000

Motor License

Fund

(ii) Advanced Construction Interstate

123,000,000

(5) Redevelopment

Assistance Projects

60,000,000

General Fund

(6) Site Development

Projects

90,000,000

General Fund

Total

$577,000,000