Overall limitations on debt to be incurred for capital projects

Act 6 of 1999, § 2, under CAPITAL BUDGET ACT OF 1999-2000.

Act 6 of 1999, § 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 1999-2000 fiscal year, and thereafter until the enactment of the 2000-2001 capital budget specifying the maximum debt for the 2000-2001 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

$410,000,000

General Fund or Special Fund as applicable

(ii) Furniture and Equipment

70,000,000

(2) Transportation Assistance Projects

150,000,000

General Fund

(3) Redevelopment Assistance Projects

280,000,000

General Fund

(4) Flood Control Projects

12,000,000

General Fund

Total

$922,000,000