Financing and facilities planning

​Capital Finance

The Capital Finance and 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)

• Administering the Pension Obligation Bond Program