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Committee approves contract inflation and statewide cost allocation adjustments
Summary
The Joint Finance and Appropriations Committee approved two statewide maintenance decisions: contract inflation adjustments of $3,356,400 and cost allocation adjustments totaling $5,540,500. Both motions passed with recorded unanimous support from both Senate and House caucuses (20-0).
The committee approved two statewide maintenance items Friday.
Contract inflation: Representative Miller moved and the committee approved the governor's recommendation to adjust operating and capital outlay for ongoing contract inflation (for example, lease-rate inflators). The package totaled $3,356,400 across fund…
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