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Committee weighs recording known technology-fund interest as transfers, not estimates
Summary
Joint Fiscal Office recommended the Senate record known interest from the technology modernization fund as a formal transfer rather than an estimated transfer; the committee debated language for transfers and for reporting on ARPA and other special funds and left related sections open for final spreadsheet and agency checks.
Joint Fiscal Office staff told the Senate Appropriations Committee the budget should record known interest amounts from the technology modernization fund as formal transfers rather than leaving them as estimates in the House language.
S4 advised that, because the actual amount of interest is known in this case, the correct accounting…
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