The Capital Finance and Facilities Planning section has direct
responsibility for managing several independent financing programs,
coordinating, statewide budgeting for bonds and capital construction, and
coordinating statewide facilities planning. The section is responsible for approval of state Article XI-Q bonds and other financing agreements. XI-Q bonds are the primary source for financing facilities and capital equipment (excluding article XI-G and XI-F bonds for Higher Education).
Other section duties include:
Coordinating issuance of State Lottery Bonds and Tax Anticipation Notes (TANs)
the Pension Obligation Bond Program
Developing, maintaining and overseeing implementation of state government’s long-range capital plan