State Controller moves LUMA costs onto the main budget; JFAC approves $15.24 million reclassification
JFAC approved appropriations and positions to bring the LUMA enterprise accounting project costs onto the state controller's FY2026 budget, a change analysts said is a reclassification of existing continuously appropriated spending rather than new ongoing state spending.
The full story
The Joint Finance-Appropriations Committee on March 12 voted to bring LUMA-related costs onto the State Controller's FY2026 budget, approving additional positions and operating dollars to replace a continuously appropriated account now expiring.
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