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Capital Outlay Bureau

//Capital Outlay Bureau
Capital Outlay Bureau 2018-07-24T11:12:27+00:00

Mission

To provide technical assistance to school districts, legislators, the general public and external entities relating to capital outlay funding, procedures, and rules relating to public schools in New Mexico.

Duties

To assist school districts in the following ways:

  • Approval of non-construction projects and construction projects ≤ $200,000 for direct appropriations
  • Administration of capital funds to include direct appropriations, SB-9, Pre-K and GOB Library Acquisition
  • Dispositions of real and/or personal property
  • Calculating SB-9 State Matching Funds, Participation percentages for PSCOC projects, and Bonding Indebtedness
  • Administering the Public Energy Efficiency Act and Qualified Zone Academy Bonds (QZAB)
  • Tracking election status
  • Review of Lease Purchase Arrangements (Instructions provided under the Miscellaneous tab)

Goals

  • To improve and develop internal systems to provide better customer service
  • To reduce turnaround time for project plan approvals and reimbursement requests
  • To streamline processes and workflows to make them as transparent as possible
  • To use information technology to make documents user-friendly and easily accessible

Contact

Capital Outlay Bureau
New Mexico Public Education Department
Jerry Apodaca Education Building
300 Don Gaspar, Room G6
Santa Fe, NM 87501-2786
Fax: 505-827-6422

Page last updated July 24, 2018