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Legislative analysts present statewide budget decision packet, outline revenue and compensation options

2123308 · January 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Legislative Services staff presented the statewide decision packet that frames the FY2026 budget: two revenue forecast options, personnel benefit cost adjustments, contract inflation, statewide cost allocation changes and competing change-in-employee-compensation (CEC) proposals.

Legislative Services Office staff briefed the Joint Finance-Appropriations Committee on the statewide decision packet that will guide FY2026 budget work, outlining revenue forecast choices and competing proposals for change-in-employee-compensation (CEC) and benefit adjustments.

Keith Bybee, division manager for budget policy analysis at the Legislative Services Office, and other analysts told the committee the schedule calls for the committee to set statewide decisions later in the week and to set program maintenance budgets the following day. The packet contained revenue forecast options, personnel benefit cost adjustments, contract inflation, statewide cost allocation and two CEC proposals.

Revenue: the packet presented two options for FY2026 general fund revenues: the governor’s recommendation at $6.26…

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