Each department will develop criteria or processes that will govern the expenditure of bond funds, and the outcomes that such expenditures are intended to achieve. These criteria and outcomes are defined in, or derived from:

• Requirements of state or federal law.
• Regulations or guidelines defining the basis upon which bond proceeds are to be allocated for a program administered by the department.
• A strategic plan for implementing the mission of the department or the pertinent program funded by bond proceeds. Strategic plans will be adopted by the executive officer or governing body of the department and will be made available to the public.
• A capital outlay program that identifies departmental infrastructure needs and delineates projects or strategies for addressing those needs. Such a program shall have been duly adopted by the executive officer or governing body of the department and be available to the public.
• Performance standards or outcome measures duly adopted by the executive officer or governing body of the department and available to the public. All projects, grants, loans or other expenditures of bond proceeds will be consistent with these criteria and processes. In addition, a list of all projects, grants, loans or other activities funded from bond proceeds will be made available to the public.