JLBC - 10 December, 2025; 9:00 AM

Joint Legislative Budget Committee · December 11, 2025

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Opening and budget framing

Presentation

0:58 → 1:38(40s)

A committee leader opened the meeting, gave participation instructions and summarized the committee's conservative approach for the 2026/2027 legislative session, including a 2% set‑aside of $150 million to split between the rainy day fund and capital expenses as required by statute.

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The joint legislative budget committee met to adopt its FY2027 budget recommendation, approving a conservative plan that includes a 2% set‑aside ($150 million), $3 billion in cash balances, across‑the‑board reductions and headcount cuts, and flagged Medicaid, opioid settlement funds and rural health as items needing further work.

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