72 Pa. Stat. § 3919.612

Current through P.A. Acts 2024-18
Section 3919.612 - Overall limitations on debt to be incurred for capital projects.

The maximum principal amount of additional debt to be incurred during the 2017-2018 fiscal year and thereafter until the enactment of the 2018-2019 capital budget specifying the maximum debt for the 2018-2019 fiscal year for capital projects specifically itemized in a capital budget pursuant to section 7(a)(4) of Article VIII of the Constitution of Pennsylvania and the fund to be charged with the repayment of such debt shall, with respect to each category of capital projects, be as follows:

(1) Public Improvement Projects:

(i) Buildings and structures

$680,000,000

General Fund or special fund as applicable

(2) Furniture and equipment

10,000,000

General Fund or special fund as applicable

(3) Transportation assistance projects

350,000,000

General Fund

(4) Redevelopment assistance projects

175,000,000

General Fund

(5) Flood control projects

10,000,000

General Fund

Total

$1,225,000,000

72 P.S. § 3919.612

Added by P.L. TBD 2017 No. 45, § 3, eff. 10/30/2017.