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May 9, 2008
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The State Public Works Board (SPWB) was created by the Legislature to oversee the fiscal matters associated with construction of projects for state agencies, and to select and acquire real property for state facilities and programs. The SPWB is also the issuer of lease-revenue bonds, which is a form of long term financing that is used to pay for capital projects.
The Legislature appropriates funds for capital outlay projects such as acquiring land, planning and constructing new buildings, expanding or modifying existing buildings, and/or purchasing equipment related to such construction. Through review and approval processes, the SPWB ensures that capital outlay projects adhere to the Legislature's appropriation intents.
Voting members of the SPWB include the Director of Finance (SPWB Chair), the Director of Transportation, and the Director of General Services. When the SPWB deals with matters related to the issuance of revenue bonds the State Controller and the State Treasurer are added as members. Advisory members include the Director of the Employment Development Department, three Senators appointed by the Senate Rules Committee, and three Assembly members appointed by the Speaker of the House.
- SPWB Overview in the State Administrative Manual (SAM) — Department of General Services (DGS) Website
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