Office of Finance Policy

The Office is responsible for capital budget management for higher education. It administers the Community College Capital Grant program, an $80 million capital bond program, which provides State assistance for the construction and improvement of facilities at community colleges. The Office also administers the Facilities Master Plan and capital review process for all higher education institutions, and is the only State agency that performs an academic analysis of all higher education capital proposals. In addition, it develops and maintains capital budget priorities, and ranks capital budget requests in relation to budget priorities.​