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The document defines key terms such as Capital Facilities Fund, itemized capital projects, and rolling stock, and outlines categories of agency capital projects including public improvements, equipment, transportation assistance, flood control, and highway projects, along with administrative responsibilities.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/forms/","Forms",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/capital-budget-submission-definitions-funding-and-project-categories/275429/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/capital-budget-submission-definitions-funding-and-project-categories/275429.png","ImageObject",442,249,{"name":42,"@type":43},"Bulrr","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-23","2026-09-15",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",7,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What qualifies as a Capital Budget project under this guidance?","Question",{"text":63,"@type":64},"A capital project includes buildings, structures, facilities, original equipment, physical improvements, or land acquisition with an estimated useful life of at least five years (preferably 15 or longer) and a financial cost greater than $100,000.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How should agencies decide whether a capital request is current revenue funded or bond funded?",{"text":68,"@type":64},"Projects funded through bond proceeds must be included in an enacted Capital Itemization Bill. Projects requested for current revenues are submitted through agency operating budgets and itemizations presented in the Governor’s Executive Budget; limited cases allow listing both options.",{"name":70,"@type":61,"acceptedAnswer":71},"What funding thresholds apply to minor capital projects and bond-funded projects?",{"text":72,"@type":64},"Minor capital projects costing between $100,000 and $600,000 must also be included in the agency’s general operating budget and classified appropriately. New construction, land acquisition, or renovations costing $600,000 or more should be requested as bond funded projects.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},275429,1791389641,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,113,118,123],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":111,"slug":112},17,40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":115,"show_sort_weight":116,"slug":117},18,"Letters",30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":125,"show_sort_weight":4,"slug":126},158,"General","general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":110,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":30,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":140,"read_time":22},5909892115043,"https://ap-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","CAPITAL BUDGET SUBMISSION  \nThe Capital Budget submission is to be prepared in Excel using the template provided on the Office of the Budget intranet website.  \nDEFINITIONS  \nCapital Budget Project: Any building, structure, facility, original equipment, physical improvement, or land acquisition where the project has an estimated useful life of not less than five years, but preferably fifteen years or longer, and has an estimated financial cost greater than $100,000 . All capital projects fitting this definition, regardless of funding source, must be requested and subsequently included with proposed capital itemizationsin the Governor’s Executive Budget.  \nDollar guidelines for making capital budget requests:  \n1. Funding for minor capital projects costing between $100,000 and $600,000 must also be included in the agency’s general operating budget and appropriately classified under maintenance, repairs, or fixed asset commitment items.  \n2. Funding for all current revenue funded capital projects, regardless of amount, must also be included in the agency’s general operating budget request and appropriately classified under maintenance, repairs, or fixed asset commitment items.  \n3. All other new construction, land acquisition, or renovations to existing assets and structures, with a cost of $600,000 or more should be requested as bond funded projects.  \nCapital Budget Submission: Along with the operating budget requests, the capital budget submission must include all capital projects for which an agency would like to request funding in their general operating budget or include in the proposed capital itemization bill.  \nCapital Facilities Fund: This fund is used to meet the financial costs of capital projects authorized by capital budget itemization acts. Revenue for this fund comes principally from the sale of general obligation debt and interest earnings. This fund has at least one account for each category of capital projects. Interest earned on investment or deposit of monies in the fund is credited to the account in the fund to which such invested or deposited money was originally credited.  \nCapital Itemization Bill: Legislation that includes capital projects that need enacted authorization to be bond funded. The initial draft of the bill is proposed with the Governor’s Executive Budget and is based on agency capital budget submissions. The draft is subsequently introduced by a member of the General Assembly. During the legislative process, agencies are permitted to submit proposed changes to be introduced as amendments to the bill. Legislators can also add projects that they deem appropriate through an amendment.  \nItemized Capital Project: A capital project that has been included in a Capital Itemization Bill passed by the General Assembly and signed by the Governor. Once the itemization bill is signed, the project is authorized and may be released and funded through bond proceeds. Capital projects funded with current revenues must be itemized in the Governor’s Executive Budget.  \nProject Funding: Capital projects can be funded through bond proceeds or current revenues. In limited cases, agencies may request that a project be listed as bond or current revenue funded so both options are available. Projects funded through bond proceeds must be included in an enacted Capital Itemization Bill. Capital projects that are requested to be funded from current revenues must be submitted through agency operating budgets and itemizations must be presented in the Governor’s Executive Budget.  \nRolling Stock: Transit vehicles such as buses, vans, freight and passenger railcars, and locomotives, as well as vehicles used for support services.  \nUnallocated Funds: Unused project authorization which becomes available when a project is completed under budget, or a project is canceled. Any unexpended authorization remaining in the project’s allocation under either of the above two conditions are transferred to the Unallocated Funds Account ","cbCaigoxdZtx1awI","https://ap.wps.com/l/cbCaigoxdZtx1awI","pdf",77948,"English","# Capital Budget Submission\n## Definitions\n## Categories of Agency Capital Projects\n## Energy Projects or Property","[{\"question\":\"What qualifies as a Capital Budget project under this guidance?\",\"answer\":\"A capital project includes buildings, structures, facilities, original equipment, physical improvements, or land acquisition with an estimated useful life of at least five years (preferably 15 or longer) and a financial cost greater than $100,000.\"},{\"question\":\"How should agencies decide whether a capital request is current revenue funded or bond funded?\",\"answer\":\"Projects funded through bond proceeds must be included in an enacted Capital Itemization Bill. Projects requested for current revenues are submitted through agency operating budgets and itemizations presented in the Governor’s Executive Budget; limited cases allow listing both options.\"},{\"question\":\"What funding thresholds apply to minor capital projects and bond-funded projects?\",\"answer\":\"Minor capital projects costing between $100,000 and $600,000 must also be included in the agency’s general operating budget and classified appropriately. New construction, land acquisition, or renovations costing $600,000 or more should be requested as bond funded projects.\"}]","Capital Budget Submission - Definitions - Funding and Project Categories | PDF",1789487369]