School facilities appropriations.

14LSO-0131.C1

                                                         

FISCAL NOTE

 

This bill contains total appropriations of $299,376,540 from the SCHOOL CAPITAL CONSTRUCTION ACCOUNT to the School Facilities Commission.  Of this total, $16,485,160 is effective immediately, $265,639,786 is effective July 1, 2014, and $17,251,594 is effective July 1, 2015.

 

DETAIL OF APPROPRIATION

Agency #:  027     Agency Name:  School Facilities Department

Unit:  multiple

 

EXPENDITURE BY SERIES AND YEAR       FY 2014         FY 2015         FY 2016

0600  Grant & Aid Payments          $6,481,277       $98,921,643     $148,278,832

 

Total Expenditure Per Year:         $6,481,277       $98,921,643     $148,278,832

 

Grand Total Expenditure:          $253,681,752

Total Appropriated to Agency:     $299,376,540

Total Appropriated by Fund

SCHOOL CAP CON ACCOUNT   :        $299,376,540

 

Description of appropriation:

 

The amounts shown above are appropriated for the following projects:

 

 

Of the total amounts appropriated, it is estimated that nearly $45.7 million will be expended after fiscal year 2016.

 

 

 

 

 

Prepared by:   Dean Temte, LSO       Phone: 777-7881

(Information provided by Stanley Hobbs, School Facilities, Dept.; 777-6511)