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DFM submits $920,000 in corrections to governor's revised budget

3434658 · January 13, 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 Division of Financial Management told the Joint Finance-Appropriations Committee on Jan. 13 that the governor's revised budget includes roughly $920,000 in technical corrections, led by an $870,000 adjustment tied to the Idaho Digital Learning Academy.

The Division of Financial Management told the Joint Finance-Appropriations Committee on Jan. 13 that the governor's revised budget contains about $920,000 in technical corrections, mainly to ensure certain items were recorded in the proper funds and calculations.

Frances Wolf of the Division of Financial Management said Friday's memo to committee members “outlined the revisions that we submitted on this budget. The total revision amount was about 920,000.”

The largest single change, Wolf said, was an $870,000 adjustment to the Idaho Digital Learning Academy after new statutory code from the previous session required a different calculation. Wolf said the change aligns the administration's recommendation with the public schools' recommendation so the academy “was not left out of the calculations.”

Other corrections included a $45,000 shift for SwiCap billing tied to the Legislative Services Office that had been placed in the wrong fund, a $5,000 adjustment at the Department of Health and Welfare for employees slipping below a new pay grade, and a technical, $0-impact correction to an endowment fund adjustment for Idaho State University.

Why it matters: The governor may submit revisions to his recommended budget early in the legislative session; technical corrections like these change line-item totals and fund accounting but do not represent new policy choices. Committee members asked no follow-up questions during Wolf’s presentation and she concluded by offering to answer additional questions.

What was said: Wolf presented the memo and summarized the four areas requiring correction; committee members accepted the memo and moved on to the next agenda item.