Overall limitations on debt to be incurred for capital projects

Act 80 of 1990, § 2, under CAPITAL BUDGET ACT OF 1990-1991.

Act 80 of 1990, § 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 1990-1991 fiscal year, and thereafter until the enactment of the 1991-1992 capital budget specifying the maximum debt for the 1991-1992 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

(ii) Furniture and Equipment

13,500,000

applicable

(2) Transportation Assistance Projects

170,000,000

General Fund

(3) Highway Projects

(i) Highways

32,500,000

Motor License Fund

(ii) Bridges

54,000,000

(iii) Advanced Construction Interstate

65,000,000

(4) Redevelopment Assistance Projects

70,000,000

General Fund

(5) Site Development Projects

35,000,000

General Fund

Total

$620,000,000