2000 Session

Budget Amendments - SB30 (Conference Report)

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Extend Helicopter Lease-Purchase

Item 493 #4c

Item 493 #4c

First Year - FY2001 Second Year - FY2002
Public Safety
State Police, Department of FY2001 ($686,800) FY2002 ($586,800) GF

Page 336, line 10, strike "$152,562,855" and insert "$151,876,055".
Page 336, line 10, strike "$150,239,453" and insert "$149,652,653".
Page 336, line 40, strike "D." and insert "D.1."
Page 336, after line 47, insert:
"2.  The Department of State Police is authorized to enter into a private lease agreement for the purchase of these helicopters, and is exempted from the requirement to utilize the Master Equipment Lease Program of the Department of the Treasury for this purpose."

(This amendment makes two adjustments in the level of funding for new helicopters and pilots. First, the amendment phases in the hiring of the pilots to coincide with the beginning of the October 2000 State Police Academy, resulting in a savings of $100,000 the first year. Second, the amendment extends the term of the lease-purchase financing for the helicopters from seven to ten years. The budget, as introduced, was based on a seven-year lease. However, ten years is consistent with minimal useful life for helicopters. This adjustment results in a savings of $586,800 each year. Language is included which specifies that the Department of State Police has the authority to enter into a private lease-purchase agreement for the financing.)