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 2024-2025 plan will commence on April 25, 2022 and end on July 1, 2022.
Senate Bill 1, Article IX, Section 11.03, 87th Legislature, Regular Session – 2021, mandates that “The Bond Review Board shall compile a statewide capital expenditure plan for the 2024-25 fiscal biennium from the information submitted by agencies and institutions in accordance with the capital planning guidelines. Copies of the guidelines shall be filed with the Governor and the Legislative Budget Board no later than December 31, 2021. The Bond Review Board shall file copies of the capital expenditure plan for the period beginning September 1, 2023, with the Governor and the Legislative Budget Board no later than September 1, 2022.