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Capital Projects 2

Abstract

Governmental accounting standards and the city Charter require that operating revenues and expenses be clearly distinguished from revenues and expenses associated with capital projects, the design, development, construction and extraordinary repair and rehabilitation of physical plant and facilities

Capital Projects 3

City of Baltimore Capital Projects

The Baltimore City Charter specifies that the Planning commission shall submit a recommended Capital Budget and a Capital Improvement Program to the Board of Estimates. After receiving reports and recommendations from the Planning Commission's proposals, the Board will adopt a budget and a program that will come the Director of Finance and the Board of Finance. The recommendations for the Capital Budget is founded on these tents:
• There shall be no appropriations for needs, which will not exist during the fiscal period.
• There shall be no appropriation unless the source of revenues......

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Approximate Word Count: 821
Approximate Pages: 4 (250 words per double-spaced page)

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