Bill > HB325

This bill is the Fiscal Year 2025 Bond and Capital Improvements Act. It authorizes the issuance of general obligation bonds and revenue bonds to fund various capital projects across multiple state agencies and departments, including the Department of Transportation, the Department of Education, and the Department of Natural Resources and Environmental Control. Key provisions include: - Authorizing $314.6 million in general obligation bonds for state capital projects, with an additional $108.8 million for local school district projects. - Appropriating $257.5 million in general funds for capital projects, including funding for the Delaware Clean Water Trust, community initiatives in Dover and Wilmington, and deferred maintenance at state universities. - Making various allocations from the Transportation Trust Fund, including $219.8 million for the road system, $38.7 million for grants and allocations like the Community Transportation Fund, $10.2 million for the transit system, and $60.4 million for the support system. - Establishing provisions related to construction management, school construction, and economic development programs. The bill aims to address critical infrastructure needs, support community development initiatives, and promote economic growth across the state.

Transportation and Infrastructure

https://legis.delaware.gov/BillDetail?LegislationId=140897