Historyof the Board
General Assembly of the Commonwealth of Kentucky has long recognized the need for
long-range planning for state government's capital needs. The 1986 General Assembly
adopted Senate Concurrent Resolution No. 30, directing the Capital Projects and Bond
Oversight Committee (then known as the Capital Construction and Equipment Purchase
Oversight Committee) to conduct a study of the space needs of the executive, judicial, and
legislative branches of state government in Franklin County. The findings of that study
led the Committee to develop a number of recommendations. The number one recommendation
was that the Kentucky General Assembly should enact legislation which requires each branch
of government to develop, maintain, and implement a long-range capital improvements plan.
During that same period, the state's policy makers were attempting to determine what the state's debt limit should be. The 1988 General Assembly created the Debt Capacity Task Force to establish a method for evaluating and monitoring the Commonwealth's debt position. Because most of the Commonwealth's bonds are issued to finance capital construction and road projects, the Task Force could not evaluate how much debt the Commonwealth should have without an accurate assessment of its capital needs. The deliberations of the Task Force led to several recommendations to the 1990 General Assembly, including one that:
The Board held its organizational meeting on November 15, 1990. KRS Chapter 7A, provides for a total Board membership of sixteen, to consist of appointees from each branch of state government. The statute requires that the Board create a six-year comprehensive statewide capital improvements plan, encompassing all state agencies and universities. It is to be submitted to the Governor, the Chief Justice, and the Legislative Research Commission by November 1 of each odd-numbered year. This enables the comprehensive capital plan to be used in the subsequent budget process and the regular legislative session.
Capital Planning Advisory Board
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