Sec. 37.07.062. Capital budget.

155 words·~1 min read·/ak/title-37/chapter-7/37-07-062

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Each appropriation bill authorizing capital expenditures required to be submitted to the legislature in AS 37.07.020

(a)must be accompanied by documents supporting the expenditures. The documents must list, for each project, the

(1)project identification number;

(2)project title;

(3)source of funding;

(4)amount expended on the project during the preceding fiscal year, the amount authorized for the current fiscal year, the amount proposed to be expended during the succeeding fiscal year, and the amount proposed to be expended each year until project completion;

(5)estimated start for construction;

(6)cost of each subsequent phase with estimated construction start and completion dates, for projects that will be completed in phases; and

(7)schedule of bond elections pertaining to the appropriation, including elections previously held.

(b)[Repealed, § 19 ch 61 SLA 2014.]

(c)[Repealed, § 19 ch 61 SLA 2014.]

(d)[Repealed, § 19 ch 61 SLA 2014.]