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Board recommends $5 million to restore statutory contingency, approves multiple contingency allocations
Summary
The State Board of Examiners recommended $5 million to restore the statutory contingency fund and approved four other contingency allocations totaling roughly $5.9 million for staffing, court sanctions, VAWA activities, and wildfire response after staff explained limits on replenishing the tort-claims fund and the Division of Forestry described reimbursement delays.
The State Board of Examiners recommended sending $5,000,000 to restore the statutory contingency fund and approved four other contingency-account recommendations during its meeting.
The board voted to recommend to the Interim Finance Committee that it allocate $5,000,000 to the statutory contingency fund (agenda item 6c). Attorney General Ford questioned whether tort-related liabilities should be routed to the tort-claims fund rather than statutory contingency; budget staff replied that the tort-claims fund lacks a direct appropriation for IFC contingency access and that larger claims must be managed…
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