Bond Authorizations

The Administration and Legislature periodically adopt bond authorizations for capital spending. A large majority of the projects authorized in these bond bills will be used through the sale of Commonwealth bonds, including General Obligation Bonds and Special Obligation Bonds. The annual amount of borrowing, called the "Administrative Bond Cap", is determined each year by the Administration based on affordability and priority of projects.

For copies of the actual bond authorizations, please use the drop down menu under each category: