Capital Outlay Projects Bureau
The Capital Outlay Bureau (COB) is responsible for coordinating the funding and administration of capital projects under the statutory authority of the State Budget Division, Department of Finance and Administration. The COB works closely with executive agencies and Governor to prepare the Executive Capital Budget. COB is responsible for administering the capital budgeting process. This includes the processing of the Capital Appropriation Bill; assuring appropriations are budgeted and available for Departments to administer. COB also maintains the State Capital Project Monitoring System which tracks all capital appropriations and updates fiscal information bi-weekly. COB monitors the expiration dates of all capital appropriations and ensures timely reversions of expired appropriation balances. COB also provides training, assistance and oversight to agencies on the planning, project management and administration of capital project appropriations. This includes the Infrastructure Capital Improvement Plan for State Agencies.