Committee reviews permanent building fund and public-works projects; $1.9 billion active project portfolio noted
Analysts and the Division of Public Works briefed the Joint Finance committee on the permanent building fund, the state's multi-year capital project accounting, and a slate of FY2026 project requests including life-science and veteran support facilities.
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Legislative staff and the Division of Public Works presented the Permanent Building Fund (PBF) budget and project portfolio to the Joint Finance-Appropriations Committee on Feb. 17, 2025, explaining the fund's revenue streams, the accounting treatment for multi-year projects, and several capital project requests for FY2026.
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