Joint Capital Bond Study Committee
Members of the Committee
Senator Harvey Peeler, Chairman
Senator Thomas Alexander
Senator Vincent Sheheen
Representative James Merrill
Representative J. Todd Rutherford
Representative Gary Clary
Mr. Chad Waldorf
Mr. David Ellison
Dr. Russ Sobel
Senator Thomas Alexander
Senator Vincent Sheheen
Representative James Merrill
Representative J. Todd Rutherford
Representative Gary Clary
Mr. Chad Waldorf
Mr. David Ellison
Dr. Russ Sobel
- Meeting Notice
- Video
- Prepared remarks to the Committee by Mr. Rick Harmon, Director of Capital Planning, South Carolina Department of Administration
- Tab 1: Capital Bond Study Committee - Proviso 117.133 of the FY2015-16 Appropriations Act
- Tab 2: Annual State Debt Report (as of 6/30/14) - Office of the State Treasurer
- Tab 3: Charts - (1) GO Debt Service Appropriation as % of Total General Fund Appropriations (FY01 - FY16) and (2) GO Debt Service Appropriations (FY01 - FY16)
- Tab 4: Excerpt from "Gold Book" (SC Capital Bond Bill History - 1968 -2001) - State Budget and Control Board, General Services Division, Capital Improvements Unit
- Tab 5: Charts - (1) Overview of General Fund Appropriations, Pre/Post Great Recession, (2) General Fund Appropriation since Great Recession recovery began (FY11-FY16), (3) General Fund Appropriation History - College Operating Funding (FY86-FY16), and (4) Same (displayed as share of Total General Fund Appropriations)
- Tab 6: Summary of College and University Infrastructure and Maintenance Needs - Page 1-3: Table - Amount Needed over 20 Years as Estimated by the Commission on Higher Education (CHE); Pages 4-5: Maintenance (including Deferred) Definitions; Pages 6-8 - Summary of Repair and Maintenance Allocations appropriated to Colleges (FY15-16); Pages 9-15 - Repair, Maintenance College Expenditures (FY13-14) by Source of Funds
- Tab 7: Operating and Capital Budget Formulation/Request - All Agencies: Links to All Agency submissions (FY15-16) to Governor/Executive Budget Office (EBO) and copy of Capital Budget Request Form and Instructions (EBO)
- Tab 8: Comprehensive Permanent Improvement Plan (CPIP) Formulation/Submission - All Agencies: Links to All Agency CPIPs and copy of 2015 CPIP Instructions (EBO)
- Tab 9: Higher Education "Outstanding Institutional Debt Report" - Proviso 11.30 of the FY2015-16 Appropriation Act
- Tab 10: Copy of SREB State Survey: Capital Funding of Public Institutions of Higher Learning
- Tab 11: Excerpt of Report "Capital Budgeting in the States - Spring 2014" by the National Association of State Budget Officers; Excerpt TOC and Introduction as well as copy of Chapter 4 "Debt Management and Capital Financing"
- Tab 12: Excerpt of Report "Public Higher Education Capital Funding: A Survey of 37 States" by the Texas Council of Public University Presidents and Chancellors (April 2006)
November 9, 2015 Meeting
November 30, 2015 Meeting
- Meeting Notice
- Video
- Presentation by the Honorable Curtis M. Loftis, Jr., State Treasurer of South Carolina
- Presentation by Mr. Frank A. Rainwater, Executive Director, South Carolina Revenue and Fiscal Affairs Office
- Presentation by Mr. Gary S. Glenn, Interim Executive Director, South Carolina Commission on Higher Education
December 8, 2015 Meeting
- Meeting Notice
- Video
- Presentation by Ms. Brenda Hart, Director, Executive Budget Office, South Carolina Department of Administration
- Tab 9: Institution Responses to Proviso 11.30 of the FY2015-2016 Appropriation Act: "Higher Education Outstanding Institutional Debt Report"
- Tab 10: Survey Responses to SREB State Survey: "Capital Funding of Public Institutions of Higher Learning"
- New Tab: Table: "Capital Reserve Fund Appropriations to Public Higher Education - FY2001-2002 to FY2015-2016"