PARRIS N. GLENDENING, Governor

Ch. 7

proposal before publication of a preliminary
official statement including the debt.

It is the policy of the General Assembly that
the Department's FY 1996 special fund
capital expenditures should be reduced by
$75 million. The General Assembly will
implement this policy in two steps. First,
notwithstanding any other provision of this
budget, for Fiscal Year 1996, total special
fund expenditures for capital purposes by
the Department of Transportation may not
exceed $468,300,000; a reduction of $45
million from the final Consolidated
Transportation Program (CTP). Provided
however, that this ceiling may be increased
only under the following conditions:

(1)    Due to shifts in project cash flow from
Fiscal Year 1995; or

(2)    Unforeseen circumstances, such as
market opportunities, which require
immediate action by the state; and

(3)    The budget committees are notified in
advance of the proposed increase in special
fund expenditures for capital purposes and
are provided a reasonable time to comment
on the proposed increase.

Further provided that the department is
directed to conduct an assessment of the
current capital program to determine the
feasibility of reducing the remaining $30
million from Fiscal Year 1996 which will be
submitted in a report to the budget
committees by August 1, 1995. This report
must include, but is not limited to, the
funding of the parking garage at BWI
Airport.

Notwithstanding any other provision of this
budget, for fiscal year 1996, total special fund
expenditures for capital purposes by the
Department of Transportation may not exceed
$438,150,300. Provided however, that this
ceiling may be increased only under the
following conditions:

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