CAPITAL PLANNING Anna Wrigley Miller Governors Office of Planning - - PowerPoint PPT Presentation

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CAPITAL PLANNING Anna Wrigley Miller Governors Office of Planning - - PowerPoint PPT Presentation

CAPITAL PLANNING Anna Wrigley Miller Governors Office of Planning and Budget GASFA Conference April 23, 2019 Credit Rating Triple- A Bond Rating 1. Georgia 2. Delaware 3. Maryland 4. Missouri 5. North Carolina 6. Tennessee 7. Texas


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CAPITAL PLANNING

GASFA Conference

April 23, 2019 Anna Wrigley Miller

Governor’s Office of Planning and Budget

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Credit Rating

Triple- A Bond Rating

  • 1. Georgia
  • 2. Delaware
  • 3. Maryland
  • 4. Missouri
  • 5. North Carolina
  • 6. Tennessee
  • 7. Texas
  • 8. Utah
  • 9. Virginia
  • 10. Indiana
  • 11. Iowa
  • 12. South Dakota
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  • Conservative debt management.
  • Strong financial monitoring and oversight with a history of prompt responses

to revenue declines.

  • Consistent full funding of actuarially calculated annual required contributions

for ERS and TRS.

  • Long history of conservative revenue estimation.
  • Rebuilding of reserves.

What Makes Georgia Attractive?

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FY 2020 Capital Overview: Bond Funds by Capital Categories

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New Construction 60% Repairs & Renovations 13% Equipment 6% Vehicles 4% Systems 15% New Construction Repairs & Renovations Equipment Vehicles Systems Water Resources Other

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FY 2020 Capital Overview: Bond Funds by Policy Area

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Educated 63% Healthy 2% Responsible 15% Growing 8% Educated Healthy Safe Responsible Growing Mobile

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Educated Georgia 265M –K-12 school construction 48M – Fund construction of the Convocation Center on the Atlanta campus of Georgia State University 29.4M – Fund construction of Lanier Hall- Allied Health Building at Wiregrass Georgia Technical College Healthy Georgia 6.85M – Fund construction and equipment for the renovation of the kitchen at East Central Regional Hospital 1.09M – Fund major improvements at Georgia War Veterans Nursing Home

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FY 2020 Highlights by Policy Area

$1.1 billion in new GO bond authorizations

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Safe Georgia 14.1M – Fund construction and equipment for the renovation of the Ft. Gordon Youth Challenge Academy Responsible and Efficient Government 1.8M – Statewide ADA improvements Growing Georgia 22M – Fund construction of Pedestrian Mall and Bus Depot for Georgia World Congress Center 13.5M – Fund major improvements and renovations for the Department of Natural Resources statewide

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FY 2020 Highlights by Policy Area – con’t

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Where to find the bill?

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Where to find the bill?

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Advancements for the Future

Photo courtesy of GBI

GBI Savannah/Coastal Regional Crime Lab

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Advancements for the Future

Photo courtesy of GBI

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Advancements for the Future

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Photo courtesy of TCSG

Costal Pines Technical College

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Advancements for the Future

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Photo courtesy of TCSG

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Advancements for the Future

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Photo Courtesy of TCSG

Chattahoochee Technical College Health Sciences Building

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Advancements for the Future

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Atlanta Journal Constitution: Courtesy of Georgia Building Authority

Abraham Baldwin Agricultural College

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Advancements for the Future

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Atlanta Journal Constitution: Courtesy of Georgia Building Authority

Georgia Southern University

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Advancements for the Future

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Atlanta Journal Constitution: Courtesy of Georgia Building Authority

Kennesaw State University

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Advancements for the Future

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Atlanta Journal Constitution: Courtesy of Georgia Building Authority

Georgia Cyber Center

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Advancements for the Future

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Judicial Building

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Advancements for the Future

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Judicial Building