Capital Development Committee and Capital Budget 2016 Legislative Session
Year in Review • Capital Development Committee • Capital Funding • Items of Note • Key Legislation • Interim Schedule
Capital Development Committee
Senator Randy Baumgardner Chair (R-District 8) Garfield, Grand, Jackson, Moffat, Rio Blanco, Routt, and Summit Counties
Senator John Kefalas (D-District 14) Larimer County
Representative Edward Vigil Vice- Chair (D-District 62) Alamosa, Conejos, Costilla, Huerfano, Mineral, Pueblo, Rio Grande, and Saguache Counties
Representative KC Becker (D-District 13) Boulder, Clear Creek, Gilpin, Grand, and Jackson Counties
Senator Jerry Sonnenberg (R-District 1) Cheyenne, Elbert, Kit Carson, Lincoln, Logan, Morgan, Phillips, Sedgwick, Washington, Weld, and Yuma Counties
Representative J. Paul Brown (R-District 59) Archuleta, Gunnison, Hinsdale, La Plata, Ouray, and San Juan Counties
Representative Daneya Esgar* (D-District 46) Pueblo County *observed during 2016 session and will likely be CDC member during interim
Ten-Year State Funding History $450.0
$400.0 $57.6
$350.0
$46.0
$300.0 $250.0 $37.6
$76.9
$200.0
$19.2
$44.9 $150.0 $100.0
$284.8 $216.6
$19.4 $143.1
$50.0 $0.0
$98.3 $24.2 $16.0
$2.4 $14.2
$10.4
$25.0
$38.5
$37.5
$156.2
$10.7 $26.1 $77.7
FY 07-08 FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 FY 15-16 FY 16-17
Capital Construction
Controlled Maintenance
Information Technology
Items of Note • Funding for FY 2016-17: • •
CDC added modest amount of $$ to OSPB list Increased funding for all of Level 1 controlled maintenance
• Phaseable projects • TABOR and budget continue to be constraints • Fixed transfers under House Bill 16-1416 already spent • •
Replaces SB 09-228 transfers for FY 2015-16 and FY 2016-17 Transfers for FY 2017-18 through FY 2019-20 still have uncertain triggers
• Vacant Buildings • Real Property • • •
Committee discussed several bills and potential legislation Authority differs by department/institution Default to Section 2-3-1304 (1)(h), C.R.S.
Key Legislation • Reminder: Joint Legislative Rule 45 •
categorization and review of budget requests
• Senate Bill 16-020 • •
•
clarifies calculation issues related to depreciation set asides required by Senate Bill 15-211 Depreciation not required in capital budget request. Coordinate with your budget/accounting staff who should submit it as part of operating request. Example: If $1,000,000 appropriated in FY 2016-17 (and assuming all of it is depreciable with a 10 year useful life), $100,000 annual set-aside required in operating budget request beginning in the fiscal year after substantial completion.
• House Bill 16-1459 •
submission threshold for higher education two-year cash list
• Senate Bill 16-204 •
Higher Education Revenue Bond Intercept Program
Interim Schedule and Annual Budget Hearings • Travel and Meetings • June 6-8 Meeting and Northwest Tour (submission deadline May 20) • August 1 Meeting (deadline July 15) • September 1 Meeting (deadline August 17) • Additional meetings in October and November TBD
• FY 2017-18 Annual Hearings TBD • December 2016 and/or January 2017
