The Joint Committee on Capital Review (JCCR) was first established on April 11, 1986, pursuant to Laws 1986, Ch. 85. Thereafter, Laws 1989, Ch. 159 expanded the committee membership. The JCCR is a 14-member committee (A.R.S. § 41-1251).
The primary powers and duties of the Joint Committee on Capital Review relate to ascertaining facts and making recommendations to the Legislature regarding state expenditures for land, buildings and improvements. This portion of the state budget is known as "capital outlay."
The JCCR is staffed by the JLBC Staff. The objectives and major products of the staff of the JCCR are:
- Recommend capital appropriations to the Legislature.
- Approve capital transfers within a budget unit.
- Review the scope, purpose and cost of projects before releasing appropriations.
- Develop "Building Renewal Formula."
- Approve the use of Renewal funds for infrastructure repair.
- Approve lease-purchase agreements.
- Approve corrections facilities expenditures from the Corrections Fund.
- Review the issuance of revenue bonds by the Board of Regents.
- Approve DOA land and building purchases and condemnations.
- Review "Capital Improvement Plans."
- Determine rental rates for buildings owned by or leased to the state.
- Review Community Colleges District bond projects.
- Review School Facilities Board assumptions for new school construction.
- Review School Facilities Board lease-to-own agreements.
- Review School Facilities Board building renewal calculations.