CLICS/CLICS2021A/commsumm.nsf
PUBLIC
BILL SUMMARY For OFFICE OF STATE PLANNING AND BUDGETING
JOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Date Dec 13, 2021
Location SCR 357
Office of State Planning and Budgeting - Committee Discussion Only
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09:28:15 AM |
Meredith Moon, Deputy
Director of Budget, and Vanessa Reilly, Capital Assets Manager, of the
Office of State Planning and Budgeting (OSPB), presented on OSPB's capital
construction FY 2022-23 budget request (Attachment A). OSPB's presentation
is included as Attachment B. Ms. Moon explained the unique position the
state is in this fiscal year with the addition of pandemic response funds
to the available funds to spend.
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09:33:44 AM |
Ms. Reilly gave an
overview of the general fund amount OSPB is recommending for capital construction.
OSPB's prioritization took into account the following factors: avoiding
future costs, mitigating environmental harm, addressing safety issues,
investing in under-served communities, and investing in Colorado businesses
and workforce. Ms. Reilly explained OSPB's goal of balancing the higher
education and other state department needs. Ms. Reilly highlighted the
goal of investing in critical capital renewal and controlled maintenance
projects to avoid future costs.
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09:54:32 AM |
Ms. Reilly and Ms. Moon answered questions from the committee.
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