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FY 2016 Capital Budget Recommended by the Long Range Capital Planning Commission
The FY2016-2023 Capital Improvements Plan and FY2016 Capital Budget were recently recommended by the Long Range Capital Planning Commission for the State Legislature’s review in the 2015 session. The FY2016 Capital Budget, as recommended, would provide $34.9 million to implement 60 capital projects for 14 State agencies. The plan also recommends a $349.6 million bond issue to address 53 projects across 11 agencies. Also included was a set of recommended demolitions for underutilized properties to reduce the state’s liability.