The aims of this research was to analysis the impact of economic growth on Central Java Provincial Government's capital expenditures in 2019–2021. This included looking at the impact of revenue sharing funds, money collected at the regional level, as well as federal, state, and local allocations. Data and statistics were collected from the country's centrally located Bureau of Statistics and Ministry of Finance. Saturation sampling was used in the demographic and sample approach to collect data from all 35 cities and districts in Central Java Province (6 cities and 29 districts). According to the data, revenue splits and investment spending are unrelated (p=0.721), local own-source revenue (p=0.000), public allocation funds (p=0.001), and special allocation funds (p=0.032). The significance value for the effect of economic growth on capital expenditure was 0.196, meaning it had no effect on this variable. However, the effect of local revenue on capital expenditure was moderated by economic growth (p = 0.001), and the impact of general allocation funds on capital expenditure was moderated by economic growth (p = 0.048)