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FIXED CAPITAL OUTLAY PROCESS MATRIX

This matrix outlines the recommended actions for the management of capital outlay processes related to infrastructure improvements. Presented by John C. Cavanaugh, Chair of the SUPA, it includes short-term and long-term strategies for both statutory and non-statutory funding. Key actions involve streamlining the PECO and CITF reallocation processes, ensuring a minimum SUS share of PECO allocations, and updating project inclusion criteria on the five-year PECO lists. This framework aims to enhance efficiency and address unforeseen costs in capital expenditure.

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FIXED CAPITAL OUTLAY PROCESS MATRIX

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  1. FIXED CAPITAL OUTLAY PROCESS MATRIX Presented by John C. Cavanaugh Chair, SUPA

  2. Statutory Short Term • SUS PECO should be handled by the BOG • Return survey approval to BOG staff • Streamline CITF reallocation process • Streamline PECO reallocation process • Replacement of funds in trust fund to reimburse local governments for infrastructure improvements

  3. Statutory Long Term • Set SUS share of PECO allocation at no less than 30%

  4. Non-Statutory Short Term • Continue flexible process used this year by BOG to make changes on PECO lists • Clarify what projects should be included on 5-year PECO lists • Process needed for handling unforeseen cost increases and systemwide special issues

  5. Non-Statutory Long Term • Better process needed for developing PECO lists • Formula and criteria for space utilization computations outdated and needs review

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