Committee reviews Permanent Building Fund projects, hears concerns about project timing and cost

Legislative Services analyst Frances Lippitt told the Joint Finance-Appropriations Committee that the Permanent Building Fund is structured to accommodate multi-year capital projects and that projects receive appropriations that become continuously appropriated if unexpended at fiscal year end. ‘‘The total value of active public works projects is 1,900,000,000.0, which includes agency funds as well as funding from the permanent building fund,’’ Lippitt said, and she added that about 42% of funding for capital projects has been committed.