Capital Development Committee approves one treasurer transfer, rejects another for Capitol renovation fund
The Capital Development Committee voted 4-2 to ask the state treasurer to transfer about $2.5 million for the current fiscal year to the Capital Complex Master Plan Improvement Fund and rejected a similar request for the next fiscal year after debate about statutory interpretation, project size and competing capital needs.
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The Capital Development Committee on Wednesday voted 4-2 to request that the state treasurer transfer up to $2,500,562 from the general fund to the Capital Complex Master Plan Improvement Fund for fiscal year 2024-25, and after debate rejected a separate request for a similar transfer for fiscal year 2025-26.
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