House Appropriations Committee reviews general fund operating statement

The House Appropriations Committee reviewed the state general fund operating statement on April 2, 2026, with Emily Burn of the Joint Fiscal Office explaining how the document shows fund-level "sources and uses" and the role revenue forecasts play in determining available budget resources. The meeting opened just after 11 a.m.; members noted the House floor would consider the capital bill later the same day.

Burn told the committee that an operating statement is prepared for a fund, not for an agency, and that it reports authorized appropriations (what the Legislature has approved to be spent) against the revenue and other sources available to that fund. "It's sort of like an income statement, but it's not an income statement," she said, adding the statement groups items as sources, uses and transfers so members can see how policy decisions and forecasts affect the fund balance.

Why it matters: the operating statement is a forward-looking tool used by the Joint Fiscal Office and committee members to assess whether the budget as drafted remains…