The measure sets spending limits for state facility projects and higher-education bond programs and states end dates for several project approvals.
State agencies have listed six-year spending limits for many building, housing, safety, health and other facility projects.
Higher-education officials have six-year limits for bond-funded projects benefiting public universities and community colleges.
Listed state projects have stated approval or spending end dates, including a June 30, 2027 date for one youth facility project; Corvallis Armory work has a $4.3 million federal-fund limit.
State agencies may spend up to the listed limits on land, buildings and facility projects. The limits cover projects for agencies including housing, corrections, forestry, public safety, health, veterans’ services, transportation and parks. The limits apply to fees, state money and other listed revenues collected by the agencies. Lottery funds and federal funds are excluded unless a section specifically includes them. The listed limits apply for six-year periods beginning July 1, 2025, or July 1, 2023, depending on the project list.
The Higher Education Coordinating Commission may use the listed limits for bond-funded projects benefiting public universities and community colleges. The university limit is $509,547,853, and the community college limit is $34,500,000. Spending must come from fees, state money or other listed revenues collected by the commission. The limits cover proceeds from state bonds issued under agreements with a public university or community college. Lottery funds and federal funds are excluded. The university limit applies for six years beginning July 1, 2025; the community college limit applies for six years beginning July 1, 2023.
The bill provides expiration dates for listed project approvals and spending limits, and sets a federal-fund limit for the Corvallis Armory project. The dates cover projects for state administrative, aviation, military, corrections, youth authority and forestry agencies; the federal limit covers the Corvallis Armory Service Life Extension project. The Corvallis Armory limit is $4,300,000 and applies to federal funds received by the Oregon Military Department. The listed project dates apply only to the projects named in the bill. The dates include June 30, 2027, for the MacLaren West Cottages Renovation project and earlier dates for other listed projects; the Corvallis Armory limit covers a six-year period beginning July 1, 2021.
No hearings or votes scheduled.