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JFAC approves contract inflation and statewide cost allocation adjustments totaling several million dollars

2508220 · January 16, 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

The committee approved the governor's contract-inflation adjustments and a package of statewide cost-allocation changes covering attorney general billings, legislative audit costs, controller fees, treasurer and risk-management adjustments, and IT services charges.

The Joint Finance and Appropriations Committee approved two statewide budget items affecting agency operating and capital costs.

Contract inflation: Representative Miller moved to include the governor's FY2026 recommendation for ongoing contract inflation adjustments (examples: lease-rate inflators). The motion covered $3,356,400 in total ongoing increases…

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