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Administration proposes temporary reserve to hold unused surplus for FY2026
Summary
The Budget Adjustment Act would set aside roughly $85 million of newly identified revenue in a temporary reserve to carry forward into FY2026, with $110 million appropriated now and the rest proposed for later use.
Adam Greshin and agency staff told the House Appropriations Committee that surplus revenue recognized after the Emergency Board forecast led the administration to propose a temporary reserve in the Budget Adjustment Act.
Greshin said the administration identified about $197 million in additional revenue (from an emergency board revenue upgrade, transfers and reversions). Of…
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