Examples of New Capital Projects in a sentence
The Council adopted a Capital Budget of $19.936 million for 2020-2021, which comprised funding allocations for New Capital Projects involving new or the upgrading of existing assets ($4.127 million), the renewal/replacement of existing assets ($10.146 million) and Carried Forward Projects from 2019-2020 ($5.457million).
The Council adopted a Capital Budget of $22.134 million for 2019-2020, which comprised funding allocations for New Capital Projects involving new or the upgrading of existing assets ($4.821 million), the renewal/replacement of existing assets ($5.412 million) and Carried Forward Projects from 2018-2019 ($11.900 million).
New Capital Projects include new construction, land acquisitions, and major rehabilitation of existing facilities.
The New Capital Projects part of the capital plan must contain (i) estimates of real property acquisition, construction, or rehabilitation costs; (ii) means of financing; (iii) an estimated schedule to complete the project; and (iv) a schedule of any debt service obligations.
Capital improvement needs estimates are requested in two parts: Repair and Renovations and New Capital Projects.
The Council adopted a Capital Budget of $26.972 million for 2021-2022, which comprised funding allocations for New Capital Projects involving new or the upgrading of existing assets ($8.081 million), the renewal/replacement of existing assets ($14.089 million) and Carried Forward Projects from 2020-2021 ($4.801million).
New Capital Projects • Statement of need; • Detailed cost estimate to include acquisition, planning, design, site development, construction, contingency, and other related costs;• Estimated maintenance and operating costs, including personnel, for the first five years of operation;• Estimated revenues derived from the project for the first five years of operation.
The 4-year Capital Plan Budget is rolled forward annually using the following timetable - September ⇒ CAMT Scoring of New Capital Projects & review of Reserve List October / November ⇒ Commissioning Officers’ Group, CAMT ⇒ Capital Programme Management Board ⇒ Overview & Scrutiny ⇒ Cabinet ⇒ Council Review of Corporate Capital Strategy document incorporating Reserve List Initial Review of Resources vs.
Board of Education Report No. 183 – 06/07 CONSENTOffice of the Chief Financial Officer(Establishment of New Capital Projects – Building Fund – Proposition 1D and Recognizing Proposition 1D Revenues) Authorizes the establishment of a County School Facilities Fund to budget and account for revenues and expenditures related to the recently approved State Proposition 1D – Kindergarten-University Public Education Facilities bond.
The formal processes in GiC have set clear boundaries between technical and non-technical responsibilities on strategic and operation levels, and determined the tactical level as an intermediary managing both responsibilities.