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Committee approves $3.36 million for contract inflation increases defined in agency contracts
Summary
The Joint Finance-Appropriations Committee approved the governor’s FY2026 recommendation to fund ongoing contract-indexed increases across agencies totaling $3,356,400, split across general, dedicated and federal funds.
The Joint Finance-Appropriations Committee approved a governor-recommended adjustment to operating expenditures and capital outlay for ongoing contract-indexed increases (for example, lease escalators) totaling $3,356,400 for FY2026.
Representative Miller moved the motion; a second was recorded. The clerk announced a roll-call vote and the action passed with all members voting yes (20–0).
Committee materials identify the total split as $1,291,500 from the general fund, $935,400 from dedicated funds, and $1,129,500 from federal funds. The packet notes agency-level detail beginning on page 19 for committee members.
