Senate Bill 1,
Article IX, Section 11.03, 87th Legislature, Regular Session - 2021,
directs the Texas Bond Review Board to prepare a statewide Capital Expenditure
Plan for the 2024-25 fiscal biennium. The plan is to identify the state's
capital needs, alternative methods of financing those needs, and the possible
budgetary impact of capital requests on the state's debt capacity. It will
provide a tool for decision makers to assess individual capital expenditure
requests within a framework of the state's overall financial situation. The plan
will be submitted to the Governor's Office of Budget & Planning and the
Legislative Budget Board no later than September 1, 2022.
As defined in Section 11.03, capital projects are limited to:
construction of buildings and other facilities,
renovation of buildings and other facilities expected to exceed $1 million in
the aggregate for a single state agency or higher education institution, and
major information resource projects expected to exceed $1 million.
The plan will include both new and existing projects with
expenditures anticipated for the 2022-23 fiscal biennium.
If you have no projects that meet the capital project limits,
please fill out the reporting exemption form
and mail it to our office at Texas Bond Review Board, P.O. Box 13292, Austin, Texas, 78711-3292.
Methods of Collection
The Bond Review Board works in conjunction with the Higher Education
Coordinating Board in collecting capital expenditure data by using a
web-based method of data collection maintained by the Higher Education