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Treasurer briefs committee on workforce housing pass‑through, unclaimed property rules and small cybersecurity ask
Summary
The State Treasurer described a governor recommended $15 million general fund transfer to the workforce housing fund to provide gap financing via Idaho Housing and Finance Association, summarized prior $50 million pass‑through awards and outlined an unclaimed property rule that excess funds above $500,000 revert to the general fund.
Idaho State Treasurer Julie Ellsworth and staff briefed the Joint Finance‑Appropriations Committee on the treasurer’s office budget and a governor recommendation to transfer $15 million from the general fund to the Workforce Housing Fund to support workforce housing gap financing.
Budget analyst Christopher Lahoset summarized the treasurer’s role as custodian of state funds and the public school endowment, noting a recent history of a $50 million supplemental passed in 2022 that was later passed through…
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