Overall limitations on debt to be incurred for capital projects

Act 69 of 2013, § 2, under CAPITAL BUDGET ACT OF 2013-2014 - ENACTMENT.

Act 69 of 2013, § 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 2013-2014 fiscal year, and thereafter until the enactment of the 2014-2015 capital budget specifying the maximum debt for the 2014-2015 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

$695,000,000

General Fund or Special Fund as applicable

(2) Furniture and Equipment

10,000,000

General Fund or Special Fund as applicable

(3) Transportation Assistance Projects

180,000,000

General Fund

(4) Redevelopment Assistance Projects

340,000,000

General Fund

(5) Bridge Projects

40,000,000

General Fund or Motor License Fund

(6) Flood Control Projects

10,000,000

General Fund

Total

$1,275,000,000