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JFAC approves contract-inflation adjustments totaling $3.36 million
Summary
The Joint Finance-Appropriations Committee approved the governor’s request to fund ongoing contract inflation increases (for leases and other contractually defined escalators) for FY2026, totaling $3,356,400 across general, dedicated and federal funds.
The Joint Finance-Appropriations Committee approved adjustments to cover ongoing contract inflationary increases (for example, contractual lease escalators) for FY2026, agreeing to the governor’s recommended funding.
Representative Miller moved the motion to include the governor’s FY2026 recommended adjustments to operating expenditures…
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