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JFAC approves $3.36 million for contract inflation increases
Summary
The committee approved ongoing contract‑defined inflation adjustments totaling $3,356,400 across general, dedicated and federal funds.
The Joint Finance-Appropriations Committee approved adjustments for contract inflation — ongoing increases tied to contracts such as leases and multi‑year agreements — totaling $3,356,400 for FY2026.
Representative Miller moved the governor’s recommendation to include $1,291,500 from the general fund, $935,400 from dedicated funds and $1,129,500 from federal funds for a total of $3,356,400. Senator Woodward seconded; the motion passed by unanimous roll call (20–0).
Bybee told members the request reflects automatically increasing costs already defined in existing contracts and that the packet contains an agency‑by‑agency breakdown for committee review.
Ending: The motion passed unanimously and will be incorporated into agency operating and capital outlay budgets.
