Capital Construction Fund


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Capital Construction Fund

An investment vehicle fishermen may use to defer taxation on income invested in it, provided it is used later to build, purchase or repair fishing vessels. The CCF is co-managed by the IRS and the National Marine Fisheries Service.
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7 Consolidated Balance Sheets (In Millions) September 30, December 31, 2004 2003 (Unaudited) ASSETS Current Assets $288 $247 Investments 100 68 Real Estate Developments 74 77 Property, Net 1,150 1,079 Capital Construction Fund 25 165 Other Assets 123 124 Total $1,760 $1,760 LIABILITIES & EQUITY Current Liabilities $239 $183 Long-Term Debt 230 330 Post-Retirement Benefit Obligs.
The state's capital construction fund didn't stretch far enough to include CMU's sought $23 million contribution, although initial plans gave an estimated cost of $32 million.
These grants are supported by the capital construction fund and the clean water fund in the 2017 state budget.
3 million for pavement improvements on nearly 1,700 miles of roadway across New York State, including budgeted capital construction funds and $100 million in new funding.

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