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OPM outlines bond pacing, recommends $15 million IT increase for DEMHS electronic health records and LOSIP grant rollout

Finance, Revenue and Bonding · March 26, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

OPM presented a midterm revision adding roughly $131 million to GEO authorizations and recommended a $15 million bond increase for IT (Demus/DEMHS electronic health record upgrades), described LOSIP grant mechanics and noted caution on allocation pacing tied to debt-service and credit-rating considerations.

The Office of Policy and Management presented the governors proposed midterm revision to the fiscal-year 2025 capital plan and answered committee questions about pacing and targeted supplemental items.

OPM said the governor proposes roughly $131 million in additional GEO authorizations for FY25 and recommended adding $15 million to the IT capital-improvement program to replace ARPA-funded work (the department cited DEMHSelectronic…

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