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Senate panel weighs reserves scenarios, GROW appropriations and the politics of capital sweeps
Summary
Staff told the Senate appropriations committee reserves stood near 26.78% and presented five scenarios to reach a 27.5% target, including targeted cuts and potential sweeps of older unspent capital; members debated tradeoffs and agreed to continue work tomorrow.
Legislative staff told the Senate appropriations committee that the current framework would leave reserves at roughly 26.78%, short of the 27.5% goal, and presented several scenarios to close the gap.
Staff outlined five options: (1) surgical cuts across natural resource trustee, environment circular-economy and higher-education funds; (2) a larger single cut to the natural resource trustee line; (3) cuts to roadway construction and…
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