Documente Academic
Documente Profesional
Documente Cultură
Mike Johnston
Colorado General Assembly | 200 E. Colfax Avenue | Denver, CO 80203 | 303.866.4864
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funds or from state moneys that did not previously qualify for state-controlled maintenance funding will qualify for state-controlled maintenance funding. States that beginning January 1, 2010, any higher education auxiliary facilities, acquired or constructed and operated and maintained solely from cash funds held by the institution, which is repurposed for use as an academic facility qualifies for state-controlled maintenance funding, subject to funding approval by the capital development committee and the fifteen-year rule4. Charges the Office of the State Architect, along with Department of Higher Education and the Office of State Planning and Budgeting, to develop guidelines in assisting to distinguish between Academic and Auxiliary classifications.
Fiscal Impact: There is no fiscal impact associated with this legislation until after 2025-2026. Higher Education Facilities that this bill affects only qualify 15 years after January 1, 2010. The fiscal note states that, it is unlikely that requests for controlled maintenance of these facilities will increase the overall amount recommended for funding in future years.5
Pursuant to HB 12-1011s passage, C.R.S. 24-30-1303.9 will contain a fifteen-year rule for qualification of state controlled maintenance funds. This rule has been the state practice since 2002-03. 5 http://www.leg.state.co.us/clics/clics2012a/csl.nsf/fsbillcont3/DE6E62B1C1A6F52887257981007E0669?Open&file=SB040_00. pdf.