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Appropriations Committee presents FY2027 budget with $282 million surplus and $2 billion rainy-day fund
Summary
The House Appropriations Committee presented its FY2027 budget on the floor, saying the plan leaves a $282 million cash surplus, preserves a $2 billion rainy-day fund and adds targeted investments in childcare, behavioral health in schools, Medicaid, and energy assistance. Committee leaders moved the budget bills to special order for March 25.
The House Appropriations Committee presented its version of the fiscal 2027 budget on March 9, telling members the plan meets affordability targets and adds several priority investments.
"The Appropriations Committee has completed its work on the state budget for fiscal 27," the floor leader, who also served as the committee chair, told the chamber. He said the committee’s package leaves "a cash surplus in this budget of $282,000,000" and preserves about "$2,000,000,000 in cash reserves in the rainy day fund." He added that the committee did this "without increasing any fees or…
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