The 88th General Assembly
has convened the 2012 fiscal session

Tuesday, March 6, 2007

Price Tag on Facilities: $456 million

Here's the summary:

The total expected budget to fund all projects tentatively recommended at thie time through FY2011 is $361,000,000. Then you must tack on $270,000,000 for funds required in the FY 2006 partnership program. Then subtract $175,000,000 from the governor's budget ($70MM), FY 2010-11 cash flow ($70MM), and carry over funds from FY 2006 ($35MM).

That's where the figure of $456,000,000 comes from. I have an abundance of info on the procedures for the partnership review, and I'll post that later this evening.