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JFAC approves contract inflation and statewide cost-allocation adjustments
Summary
The Joint Finance-Appropriations Committee approved two statewide budget adjustments: contract inflation increases of $3,356,400 and statewide cost-allocation changes totaling $5,540,500. Both motions passed unanimously and will be applied to agency budgets.
The Joint Finance-Appropriations Committee voted to include two statewide budget adjustments: a contract inflation package and statewide cost-allocation changes.
On contract inflation, Representative Miller moved to include the governor's FY2026 recommendation for ongoing increases defined in contract/lease rates, totaling $3,356,400 across the budget (about $1.29 million general fund, $935,400 dedicated,…
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