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JFAC approves $3.36 million in contract-inflation adjustments for ongoing contracts
Summary
The committee approved the governor's recommended contract inflation adjustments across agencies, totaling $3,356,400 split among general, dedicated and federal funds.
The Joint Finance-Appropriations Committee voted to approve the governor's fiscal year 2026 recommendation to adjust operating and capital outlay for ongoing contract increases (for example, contractually required lease-rate inflators). The total package approved by the committee was $3,356,400: $1,291,500 from the general fund, $935,400 from dedicated funds and $1,129,500 from federal funds.
Representative Miller moved the motion on the floor; Senator Woodward seconded. Committee members did not offer substantive substitute motions. The committee recorded a unanimous roll-call vote in favor (20-0; Senate 10-0, House 10-0) and the clerk announced the motion would go forward.
Analysts directed members to a back-of-packet breakdown by agency (page 19 in the committee packet) showing the individual contract-inflation amounts for each affected agency. The adjustments are routine fiscal maintenance actions: they fund preexisting contractual cost escalators and billing adjustments that agencies cannot implement without legislative approval.
The approved amounts will be incorporated into the maintenance-budget process and agency-specific budget ballots.
