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Capital Budget Client Services Presentation Sandi Triggs Senior Budget Assistant

Capital Budget Client Services Presentation Sandi Triggs Senior Budget Assistant. Agency requests exceed bond capacity of $1.8 Billion . Agencies Requested $5.9 billion total p rojects $3.6 billion general o bligation bonds. Governor Inslee Proposed $3.6 billion total projects

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Capital Budget Client Services Presentation Sandi Triggs Senior Budget Assistant

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  1. Capital Budget Client Services Presentation Sandi Triggs Senior Budget Assistant

  2. Agency requests exceed bond capacity of $1.8 Billion • Agencies Requested • $5.9 billion total projects • $3.6 billion general obligation bonds • Governor Inslee Proposed • $3.6 billion total projects • $1.8 billion general obligation bonds • House Proposed • $3.6 billion total projects • $1.7 billion general obligation bonds • Senate Proposed • $3.6 billion total projects • $1.7 billion general obligation bonds

  3. Items of Interest in Proposed Budgets • Emergency funds – Governor $8.5M, Senate $5M, House $8.5M • Construction Contingency Pool – House $8M • Emergency funds K-12 – House $5M • Higher edpreservation information – Governor and Senate allow cost to be paid through each 4-year’s appropriation for preventive maintenance based on sf inspected. House appropriates $300K to OFM from the universities building accts. • BEST studies – Puget Sound Skill Center, Lake Sammamish State Park, Olympic College; general authorization to OFM. • Alternative public works contracting procedures – HB 1466 & Budget Bill • JLARC review of land acquisitions by state agencies – Senate

  4. Where are we now You are Here

  5. Building A Better Budget • Project proposals should have clear narrative justification. • Stay away from boilerplate language. • Provide clear description of project justification and benefits. • Is the request for design only or design and construction? • If for design only, request should cover only the design services. Construction management should be requested when construction funds are requested. • Identify operating costs both one-time and ongoing. • Projects of $5 million or more require predesigns and design. • Bond fund and cash flow estimates are required. • Updated minor works project lists are required. • Costs estimates • Extra services • Project management • Project contingencies • Projects on a SF basis

  6. Contact Information Sandi Triggs Senior Budget Assistant 360-902-0562 Sandi.triggs@ofm.wa.gov Kathy Cody Budget Assistant 360-902-9822 Kathy.cody@ofm.wa.gov Chris Thomas Budget Assistant 360-902-3068 Chris.thomas@ofm.wa.gov Lucy Castillo Program Assistant 360-902-3063 Lucy.castillo@ofm.wa.go

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