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Capital Budgeting Unit

Ron Nawrocki, Capital Budgeting

The Capital Budgeting Unit performs specialized financial, technical, and policy reviews and analyses related to the state’s major capital outlay projects and programs.  The unit provides technical support and assistance by assisting OPB Budget Divisions with review and analysis of specific projects for which funding is being requested or considered.  The unit interacts directly with other state agencies involved in statewide capital issues and ongoing capital project planning, programming, design, construction, repair, and renovation activities.  The unit coordinates the development of a long-term statewide capital improvements program based on agency projections of capital needs consistent with their strategic plans.  The division also responds to inquiries from the general public, legislators, and state agencies concerning capital project planning, management, and budget issues.

The Capital Budgeting Unit is in the process of developing a more comprehensive approach to the state’s capital improvements program and its corollary capital budgeting process.  The objective of this work is to enable Georgia to establish a process that results in the early identification of critical capital needs, the development of accurate project requirements to meet those needs, and the preparation of reliable cost estimates to support budgetary decisions.  As part of this activity, the Web-based Capital Outlay Budget System (COBS) was implemented for agencies to compile and submit their capital outlay budget requests to OPB, and for OPB use to assist the Governor in conducting request evaluations and documenting funding recommendations.

Guidelines for conducting predesign studies on major capital projects were made available in April 2001, representing another significant effort to support these activities.  Predesign studies include facilities space planning, definition of performance and functional requirements, site analyses, construction cost estimates, and other project studies.  Predesign also includes the development of the total project cost estimate to support the decision-making and approval process prior to the formal design and construction phases.    Predesign and other Project Development activities are now documented in the State Construction Manual which is available online at the Georgia State Finance and Investment Committee (GSFIC) website.

The Capital Budgeting Unit also coordinates agency requests to the GSFIC for redirection of bond proceeds.