1998 Session

Budget Amendments - HB30 (Conference Report)

HB 30 Capital Equipment

Item C-7.01 #1c

Item C-7.01 #1c

First Year - FY1999 Second Year - FY2000
Central Appropriations
Central Capital Outlay FY1999 $0 FY2000 ($19,600,000) GF

Page 351, after line 18, insert:
"C-7.01  Reversion Clearing Account:  Equipment                     ($19,600,000)
             Fund Sources:  General                        
The Director, Department of Planning and Budget shall adjust agency and project appropriations in §§2-5 through 2-43 of this act, other than Item C-71 herein, as may be necessary and convenient to defer expenditures for the purchase of new equipment for the several general fund supported capital projects included therein.  In so doing, the Director shall have regard for the project schedules and expenditure plans of each agency so as to further the objectives of the capital project appropriation.  The Director may transfer these adjustments from the first year to the second year as may be necessary, and shall recommend to the Governor and General Assembly a plan for funding necessary equipment purchases for the affected projects during the 1999 or subsequent sessions of the General Assembly."

(This amendment reduces funding for equipment purchases associated with general fund supported capital projects which were included in the introduced budget. Expenditures for these items will not be necessary until project construction or other facility improvements are completed.)