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JFAC approves $3.36 million for ongoing contract inflation increases
2834598 · January 16, 2025
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Summary
The Joint Finance-Appropriations Committee approved the governor's recommendation to fund ongoing contract-defined increases (for example, lease inflators) totaling $3,356,400 and forwarded the change to the next stage of budget work.
The Joint Finance-Appropriations Committee approved an adjustment to budgets to cover ongoing increases specified in contracts, such as lease escalators.
Representative Miller moved to include the governor's FY2026 recommendation adjusting operating…
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