Statewide Capital Expenditure Planning

The Bond Review Board, along with the Higher Education Coordinating Board (THECB), consolidated their reporting requirements to eliminate redundant reporting by state agencies. Capital expenditure data is electronically collected by the THECB and then forwarded to the Bond Review Board. Data collection for the 2028-2029 fiscal biennium plan will commence on or around April 28, 2026 and end on or around July 1, 2026.

Senate Bill 1, Article IX, Section 11.03, 89th Legislature directs the Texas Bond Review Board to prepare a statewide Capital Expenditure Plan for the 2028-2029 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 & Policy and the Legislative Budget Board no later than September 1, 2026.