study of the capital outlay process in Virginia.
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study of the capital outlay process in Virginia. by Virginia. Dept. of Planning and Budget.

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Published by Virginia Dept. of Planning and Budget in [Richmond] .
Written in English



  • Virginia,
  • Virginia.


  • Capital budget -- Virginia.,
  • Virginia -- Appropriations and expenditures.

Book details:

LC ClassificationsHJ2053.V8 V54 1994
The Physical Object
Paginationvii, 28 p. ;
Number of Pages28
ID Numbers
Open LibraryOL938729M
LC Control Number95622732

Download study of the capital outlay process in Virginia.


capital outlay is subject to the Virginia Public Procurement Act. While all agencies have responsibility for the use of funds budgeted to them for capital outlay, some agencies must obtain approvals from the Bureau of Capital Outlay Management (BCOM) as they proceed through the File Size: KB. Six-Year Capital Outlay Plan Advisory Committee. Language is - included to allow the Director of the Department of Planning and Budget, after consultation with the SixYear Capital Outlay Plan Advisory Committee, the authority to - transfer bond appropriations and File Size: KB.   • A formal Six-Year Capital Outlay Plan • The use of a “pooled funding” procedure for most projects with allowance for full funding of select individual projects, as needed • The establishment of a Six-Year Capital Outlay Plan Advisory Committee (6 PAC) to oversee the process Significant revisions in the capital outlayFile Size: KB. § Implementation of certain capital outlay projects. A. 1. The Central Capital Planning Fund, the State Agency Capital Account, and the Public Educational Institution Capital Account established pursuant to § shall be used to fund capital outlay projects included in the six-year capital outlay plan enacted into law. 2.

supporting the capital outlay needs of Virginia’s system of higher education. Priority Group 1.B–These are projects which address critical state wide capital outlay needs and which meet some but not all of the space and productivity criteria in the Council’s Fixed Asset Guidelines. capital project planning and funding process. This Act incoportated a number of recommendations we have made in previous reports on the Capital Outlay and Deferred Maintenance process. This new Act solidified the process of providing planning funds for projects to ensure better cost estimates before committing funding for project construction. One in every 76 jobs within the Commonwealth of Virginia is either held directly by a UVA employee or is supported as a result of UVA’s presence. State and local government revenue attributable to the presence of UVA totaled $ million in FY The University of Virginia Economic Impact Study ‐ Executive Summary ï. Capital Outlay and Cash Flow Processes • OBSERVATION: The multi-stage pool funded capital outlay process has not been functioning as intended. Projects are not advancing through the three phases in a consistent manner, as outlined in the Code of Virginia. There are numerous examples of projects bypassing either a detailed planning pool or pre-.

RD - Value Engineering of State Agency Capital Outlay Projects for Fiscal Year – September 6, RD - General Fund Preliminary (Unaudited) Annual Report for the Fiscal Year Ended J – Presented on a Cash Basis HD23 - Report of the Virginia Housing Study Commission. Jane Harris Assistant VP for Capital Outlay and Facilities () [email protected] Myster Macklin St. Virginia State University, VA The DJJ Office of Capital Outlay Management provides evaluation, planning, design and construction administration and management support services to Juvenile Correctional Centers (JCCs), the agency central office, and the regional detention centers, treatment centers and group homes throughout the Commonwealth of Virginia.   Supporting Plans of the University. JMU's Six-Year Plan. The Higher Education Opportunity Act of requires Virginia's public institutions of higher education to prepare and submit Six-Year Plans. During the General Assembly session, joint resolutions approved by the House and Senate also require that the mission, vision, goals, and strategies expressed in the statewide strategic .