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Joint committee reviews 70‑hour vs. 58‑hour payroll scenarios and governor’s holding account
Summary
Finance presented two budget scenarios that would cut employee hours from 70 to 58 pay-period hours if the proposed pension loan is not approved. Members questioned a new governor's holding account shown in the draft budget and asked for clarity on hiring and the account’s purpose.
Lawmakers pressed finance officials on two budget scenarios offered to address a projected shortfall: a scenario that preserves a 70‑hour pay period conditioned on securing the proposed $29 million loan, and a scenario that reduces pay period hours to 58 if the loan is not obtained.
Representative Marissa Flores asked about the scenario assumptions, including whether there would be a reduction in force or hiring of contracted professionals. Finance staff said scenario 1 (70 hours) assumed no layoffs…
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