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A request for funding for various capital projects in New Mexico, outlining specific improvements needed in water, wastewater, roads, education, and local government facilities across multiple counties.
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How to fill out HOUSE CAPITAL OUTLAY REQUEST 67

01
Start by obtaining a copy of the HOUSE CAPITAL OUTLAY REQUEST 67 form.
02
Fill in your organization's name and contact information at the top of the form.
03
Specify the project title or description for which funding is requested.
04
Provide a detailed breakdown of estimated costs associated with the project.
05
Include any supporting documents or additional information required.
06
Review the form for completeness and accuracy before submission.
07
Submit the completed form to the appropriate authority or department.

Who needs HOUSE CAPITAL OUTLAY REQUEST 67?

01
Local government entities
02
Educational institutions seeking funding for infrastructure projects
03
Non-profit organizations applying for capital project funding
04
State agencies working on specific capital improvement initiatives
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“Capital expenditures,” or capital outlay, means expenditures for the acquisition cost of capital assets, such as equipment, or expenditures to make improvements to capital assets that materially increase their value or useful life. “Acquisition cost” means the cost of the asset, including the cost to put it in place.
Capital outlay refers to the funds a business allocates for acquiring and maintaining its long-term assets, often referred to as , or capital expenditures. This type of spend is often essential for the growth and development of a company, as it contributes to enhancing overall operational capabilities.
Capital Outlays or Capital. Expenditures. Refer to an expenditure category/expense class for the purchase of goods and services, the benefits of which extend beyond the fiscal year and which add to the assets of the Government, including investments in the capital stock of GOCCs and their subsidiaries.
Outlay costs include things like: Material costs: These are the costs of raw materials needed to manufacture a product. Labor costs: These are the costs of wages and salaries paid to employees. Rent: If a company leases a building or equipment, the rent is an outlay cost.
“Capital expenditures,” or capital outlay, means expenditures for the acquisition cost of capital assets, such as equipment, or expenditures to make improvements to capital assets that materially increase their value or useful life.
Technology and computer equipment, including servers, laptops, desktop computers, and peripherals, are considered capital expenditures if they have a useful life of greater than one year.

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HOUSE CAPITAL OUTLAY REQUEST 67 is a form used to request funding for capital projects or purchases that require significant investment and are intended to improve or maintain public infrastructure.
Typically, government agencies, departments, or entities responsible for public infrastructure projects are required to file HOUSE CAPITAL OUTLAY REQUEST 67.
To fill out HOUSE CAPITAL OUTLAY REQUEST 67, one must follow the guidelines provided on the form, enter relevant project details, including cost estimates, justification for funding, and any necessary supporting documentation.
The purpose of HOUSE CAPITAL OUTLAY REQUEST 67 is to formally request funding for capital projects, ensuring that public funds are allocated effectively and transparently for infrastructure development.
The information that must be reported includes project name, description, estimated cost, funding sources, timelines for completion, and justification for the project.
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