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ACT SUMMARY 2007-2008

SUMMARY OF THE 2007 ACTS AND RESOLVES

ACT NO. 52

(H.405)

Capital appropriations; bonding; school construction funding

This act appropriates capital funds and authorizes their financing with state bonding.

Monetary Provisions

The act appropriates $49,792,119. Of this amount, $562,119 is from proceeds from unspent capital appropriations from previous years and $30,000 is from sale of state property. The remainder of $49,200,000 requires the issuance of new long-term general obligation bonds, which is the amount recommended by the capital debt affordability committee for fiscal year 2008. In addition, the Capital Construction Act directs the expenditure of up to $2,000,000 of general fund surplus to be used for school construction projects.

Of the total amount appropriated:

1. $11,650,000 is for renovation and repairs to state buildings including:

2. $7,500,000 is for construction and renovation of building 617 in Essex for co-location of the department of health and the department of public safety forensics laboratories and for planning for eventual relocation of the Williston Police barracks to the building.

3. $10,810,119, plus up to $2,000,000 of any general fund surplus will be for K-12 and technical center school construction projects.

4. $1,600,000 will go to each of the University of Vermont and the Vermont State Colleges.

5. $5,850,000 is for municipal water pollution and drinking water supply programs.

6. $3,850,000 is for the clean and clear program to accelerate reduction of phosphorus discharges into Vermont waters.

7. $1,000,000 is for HVAC renovations to the Vermont Veterans Home.

8. Each of the remaining appropriations is for a project of less than $1,000,000.

Non-Monetary Provisions

1. Authorizes sale of three state properties and provides that funds from the sale will be used for renovation of certain state buildings.

2. Directs the commissioner of buildings and general services (BGS) to ensure that art is considered during the building design phase of a new state building.

3. Authorize the commissioner of BGS to provide services such as advertising space for local lodging facilities at interstate welcome centers and to use funds generated from these sales as well as donations for the motorist aid refreshment program to help pay for maintaining and operating the welcome centers.

4. Establishes a one-year suspension of school construction aid except for:

5. Makes wastewater treatment plants with a capacity of more than 250,000 gallons per day which are being refurbished, eligible for state grants or loans. This is needed because under existing law the funds can only be extended for expansion projects and there are many old plants currently in need of refurbishing.

6. Authorizes use of up to $500,000 of existing revolving loan funds to enable the Vermont Housing Finance Agency, a municipality, or a state agency to provide loans to low-income homeowners who need help to replace a failed septic or water system.

Studies

1. The court administrator and the commissioner of BGS will develop a numerical rating system that will create a priority list of county courthouse construction projects to help the state make funding decisions when funds are available for county courthouses.

2. The joint fiscal office and the legislative council will analyze how school construction aid is provided in Vermont and other states, as well as various options for changing Vermont's system of school construction aid.

3. The commissioner of education and the commissioner of finance and management will recommend to the general assembly options for funding state school construction aid in the future.



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us