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Endowment Fund Investment Board seeks pay increases for two investment staff; governor does not recommend
Summary
The Joint Finance-Appropriations Committee heard a request from the Endowment Fund Investment Board for salary increases for two senior investment staff. Board leaders said the raises are intended to retain experienced staff; the governor's recommendation does not include the compensation increases.
The Joint Finance‑Appropriations Committee heard testimony on the budget and pay requests for the Endowment Fund Investment Board on the morning the panel met.
Janet Jessup, a budget and policy analyst with the Legislative Services Office, said the Endowment Fund Investment Board—established in Idaho code—manages the state’s land grant endowments and other statutorily required funds. She told the committee the board’s FY2026 request included a $100,000 compensation enhancement to increase salaries for two staff members; the governor’s recommendation did not include that compensation request.
Thomas Wilford, chairman of the Endowment Fund Investment Board, told the committee the request has a history tied to initial hiring decisions. “When Chris Anton was hired…he was hired at…
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