FY2013 - FY2017 Capital Investment Plan
Report - Aggregate FY13-17 Capital Investment Plan

The full five-year capital investment plan by major investment categories is presented below.  All specific projects and programs expected to be funded in FY13 are identified in Appendix C, and descriptions of all of these projects and programs are included in Appendix D.  It should be noted that many of the projects funded in FY13 are multi-year projects with costs that will be incurred in subsequent fiscal years; these projected future costs have been taken into account in making investment category reservations for future years.  It is also important to note that projects will evolve and change, and A&F intends to adjust the capital investment plan during the fiscal year as circumstances dictate.  Each new fiscal year, A&F will also undertake a formal reassessment of capital investment needs to develop an annual update to the five-year capital investment plan.

Total Bond Cap by Year and by Major Investment Category

The following table and chart show the allocation of bond cap spending by year and then by major investment category.  Note that FY13 includes $93 million in unused capacity from the prior fiscal year. The Administration has conservatively constrained the bond cap in FY16 and FY17 at the FY15 level. Future debt affordability analysis may show sufficient revenue growth to allow increased bond cap in future plans.

FY13-17 Capital Investment Plan - Total Bond Cap

This bar graph shows the budgeted bond cap between the years of FY13-17.

FY13-17 Capital Investment Plan - Total Bond Cap
(In thousands)
  FY13 FY14 FY15 FY16 FY17 Five Year Total % of
5-Year Total
Community Investments 291,743 285,456 277,117 273,286 273,212 1,400,813 14%
Corrections 37,384 55,350 56,500 63,500 76,500 289,234 3%
Courts 20,170 75,874 127,674 147,674 114,168 485,558 5%
Economic Development 138,240 128,920 138,500 150,000 148,000 703,659 7%
Energy And Environment 167,141 159,329 114,179 86,346 87,346 614,340 6%
Health And Human Services 27,582 37,615 69,575 75,400 102,000 312,172 3%
Higher Education 177,420 259,928 293,172 287,700 281,900 1,300,121 13%
Housing 179,500 169,500 169,500 169,500 169,500 857,500 8%
Information Technology 174,380 101,973 118,822 120,897 119,614 635,685 6%
Public Safety 28,083 37,530 66,780 66,930 51,180 250,503 2%
State Office Buildings 73,553 64,103 72,835 58,951 68,056 337,497 3%
Transportation 652,959 624,423 620,348 624,817 633,525 3,156,072 31%
Total Bond Cap 1,968,155 2,000,000 2,125,000 2,125,000 2,125,000 10,343,155  

 

Total Capital Spending by Year and by Major Investment Category

The following table shows the allocation of total capital spending from all sources by year and source and then by major investment category.  A description of the sources of funding follows.

FY13-17 Capital Investment Plan - Total All Sources

This bar graph shows the budgeted all sources of funds between the years of FY13-17.

FY13-17 Capital Investment Plan - Total All Sources
(In thousands)
  FY13 FY14 FY15 FY16 FY17 Five Year Total % of
5-Year Total
Community Investments 322,719 314,847 304,517 300,286 300,612 1,542,980 9%
Corrections 37,384 55,350 56,500 63,500 76,500 289,234 2%
Courts 20,170 75,874 132,674 162,674 119,168 510,558 3%
Economic Development 188,153 153,920 163,500 175,000 173,000 853,573 5%
Energy And Environment 266,791 287,279 221,129 143,296 132,546 1,051,040 6%
Health And Human Services 30,982 40,000 88,600 103,600 106,000 369,182 2%
Higher Education 247,720 326,071 309,872 290,700 285,400 1,459,763 9%
Housing 179,500 169,500 169,500 169,500 169,500 857,500 5%
Information Technology 236,744 210,945 177,923 177,040 139,811 942,462 6%
Public Safety 39,923 51,730 72,577 66,930 51,180 282,340 2%
State Office Buildings 73,553 64,103 72,835 58,951 68,056 337,497 2%
Transportation 1,630,874 1,776,138 1,686,300 1,647,732 1,430,563 8,171,607 49%
Total Bond Cap 3,274,513 3,525,755 3,455,925 3,359,209 3,052,335 16,667,737  

 

Description of Sources of Funds