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JFAC reviews Department of Finance budget request focused on cybersecurity, elder‑fraud investigations
Summary
The Joint Finance Appropriations Committee heard the Department of Finance outline a request for six full‑time positions and one‑time capital outlay, aimed at boosting IT exam capabilities and fraud investigations; the governor recommended all but two positions.
The Joint Finance Appropriations Committee on Jan. 21 heard the Department of Finance present its base budget and a six‑position enhancement package that the agency says is intended to bolster IT examination and fraud investigation capacity.
Noah Peterson, a budget and policy analyst with the Legislative Services Office, told the committee the Department of Finance’s FY2026 enhancement request totals six full‑time positions and $816,600 from state regulatory funds, and includes new IT‑focused examiners and specialized investigators. "The first one would be an IT examiner for the Financial Institutions Bureau," Peterson said, listing the positions and one‑time capital requests in the packet he provided to members.
The agency told the…
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