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Administration asks for general-fund support as governor's housing fund nears depletion
Summary
The Department of Administration told the Joint Finance-Appropriations Committee on Presidents Day that the governor's housing fund will be exhausted by August 2026 unless the Legislature provides new general-fund support.
The Department of Administration told the Joint Finance-Appropriations Committee on Presidents Day that the governor's housing fund will be exhausted by August 2026 unless the Legislature provides new general-fund support.
Frances Lippett, a budget and policy analyst with legislative services, said the governor's housing committee — a five-member body authorized in statute to oversee the residence fund — has recommended restoring the fund's balance. Lippett said the fund currently pays a monthly housing stipend set at $4,551. She told the committee the fund "has no consistent source of revenue." Representative Petzke pressed Department of Administration director Steve Bailey on whether the state has a long‑range…
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