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House Appropriations Committee reviews FY25 budget adjustments, includes $3 million reversion to state insurance reserve
Summary
The House Appropriations Committee reviewed the FY25 budget adjustment on Feb. 3, discussing reversions, transfers and updated revenue forecasts; staff flagged a $3 million reversion routed to the State Liability Self‑Insurance Fund and an updated year‑end reserve projection of roughly $133.6 million.
The House Appropriations Committee met Monday, Feb. 3, to review the fiscal year 2025 budget adjustment bill, focusing on a set of reversions and transfers that include a $3,000,000 reversion from an AOA finance account moved into the State Liability Self‑Insurance Fund, committee staff said.
Emily Burns of the Joint Fiscal Office told the committee members the materials include a “reversion” sheet and other spreadsheets showing how the House’s changes differ from the governor’s recommendation. Burns said the $3,000,000 reversion was among the changes and that language in the bill redesignates certain one‑time appropriations so agencies can spend the funds.
The discussion laid out several one‑time and base adjustments: $6,000,000 net increase for provider stabilization grants; an…
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