Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
JFAC adopts FY2025 revenue projection, approves contract inflation and cost-allocation items; FY2026 revenue and insurance proposals stall
Summary
The Joint Finance-Appropriations Committee adopted a $5.99 billion FY2025 general-fund revenue projection and approved contract-inflation and statewide cost-allocation items, but failed to reach agreement on the FY2026 revenue forecast and competing health-insurance base proposals.
The Joint Finance-Appropriations Committee voted on a package of statewide budget items Thursday, adopting a $5.99 billion general fund revenue projection for fiscal year 2025 and approving several technical and administrative adjustments. Two other major items — the committee’s FY2026 revenue projection and competing proposals to change the state employee health-insurance base — failed to secure the required majority from both the Senate and the House membership of JFAC.
Senator Woodward moved that the committee "adopt the Economic Outlook and Revenue Assessment Committee's recommended general fund revenue projection of $5,990,000,000 for setting state agency budgets." After a roll call vote, Committee Chair Groh announced the motion passed with majorities from both the Senate and House sides of the committee.
The committee also approved the governor's requested adjustments for ongoing…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
