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JBC approves lease-termination funding; committee splits moving costs between general and cash fund
Summary
The committee approved a $651,279 appropriation to terminate a private lease and approved a $40,910 allocation to come from the affected department's cash fund for moving costs; committee members debated savings estimates and confidentiality requests from the department.
The Joint Budget Committee approved appropriations tied to an early termination of a private lease and related moving costs, adopting staff recommendations after discussion about fund sourcing, long-term savings and confidentiality.
Tom Dermody, Joint Budget Committee staff, summarized that the request involved roughly $700,000 in general-fund support to allow early termination of a private lease and consolidation of a state agency into state-owned office space. Dermody told the committee staff—s modeling showed long-term savings of roughly $200,000–$300,000 in total funds over a roughly 3–4 year period, with…
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