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Public Works Board warns budget transfers could leave assistance account nearly empty
Summary
Department staff told the Public Works Board that 2026 supplemental budget actions and planned transfers to the general fund could reduce the Public Works Assistance account to a working capital of roughly $6 million, prompting discussion about front‑loading FY27 awards and monitoring cash flow.
The Public Works Board heard an overview on April 3 showing the 2026 supplemental budget and related transfers will tighten the Public Works Assistance account and require careful cash‑flow management.
Executive Director Maria Duad told members the capital appropriation authority for the program increased to about $379,500,000 and that an additional $10,000,000 from the Natural Climate Solutions account was added, creating roughly $389,500,000 in bond authority for grants and loans. Duad said the operating budget also rose slightly to about $9,200,000.
“But…
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