Video & Transcript Research : 'capital improvement program'
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UT
Utah 2025 Regular Session
Economic Development and Workforce Services Interim Committee - November 19, 2025
Economic Development and Workforce Services Interim Committee
Transcript Highlights:
- This is not a grant program; it is a loan program that provides access to capital for small businesses
- The other thing we wanted to highlight is our specific program called the ABLE program.
- The other thing we wanted to highlight is our specific program called the ABLE program.
- Street Program.
- We talked about a bunch of signature programs, and those programs are really underway.
WV
West Virginia 2026 Regular Session
Senate in Session Mar 12th, 2026 at 11:34 am
West Virginia Senate Floor Meeting
Transcript Highlights:
- Engrossed House Bill 5022, relating to expanding the programs to be included in the annual capitation
- , or maintaining capital improvement projects for the State Culture Center.
- The Governor may certify to the authority a revised list of capital improvements for the State Culture
- , or maintaining capital improvement projects for the State Culture Center.
- improvements to the paid to, a list of capital improvements to the paid for by the funds received from
MN
Transcript Highlights:
- So those are the three asks for the capital committee. inii program which is the infill inii program
- Federal funds, not just the capital programs, uh, like the potential for a Blue Line in the future
- programs.
- programs.
- programs.
Summary:
The Transportation Committee met on January 29, 2025, to hear the Metropolitan Council’s presentation on the Governor’s proposed agency budget requests. The Council outlined three main budget items: authorization to advance funds to MnDOT to help coordinate a highway project with arterial bus rapid transit construction; a proposal to make free regular-route transit rides permanent for eligible Metro Mobility riders, after a successful pilot that produced nearly 75,000 rides; and a reduction in general fund support for rail operations, which the Council said it could absorb in the near term. The Council also noted it was seeking $15 million in the bonding bill for bus rapid transit, including support for the H Line, and described other capital requests for an infill/infiltration program and regional parks.
Council leadership said the advance-funds proposal would let two projects move together more efficiently, reduce disruption, and potentially lower costs by avoiding repeated reconstruction and maintenance. On the Metro Mobility fare pilot, they said the lower fare increased rider freedom and spontaneity while saving state money because fixed-route service is cheaper than individual Metro Mobility trips. On the general fund reduction, they said the agency is expanding service, opening the Gold Line, B Line, and E Line, and can manage the cut because of its diversified revenue sources, though it could affect future expansion.
Senator Nelson raised concerns about the proposal to expand the Right-of-Way Acquisition Loan Fund to include regional parks and trails, warning that the legislation should clearly avoid creating condemnation authority for park or trail projects, especially where they are adjacent to MnDOT projects. Council staff responded that the program would finance local acquisitions rather than give the Met Council condemnation power, and said they would take the concern under advisement and ensure the legislation is carefully drafted. Members also discussed federal funding uncertainty; Council officials said federal transit operating support is about $30 million and that a pause or cut could affect future capital projects and some existing awards, while the region’s diversified funding base would help cushion operations. No votes or formal actions were taken at the meeting.
KY
Kentucky 2026 Regular Session
Interim Joint Committee on Veterans, Military Affairs, & Public Protection.(6-17-26)
Veterans, Military Affairs, & Public Protection
Transcript Highlights:
- funding and capital projects. funding and capital projects.
- have improved across facilities. have improved across facilities.
- . improvements. improvements.
- programs available. So, thank you. programs available. So, thank you.
- improve<01:00:29.120>
the <01:00:29.240>hiring to improve care, to improve the hiring
KY
Kentucky 2026 Regular Session
House Budget review Sub. on Postsecondary Education. (2-5-26)
Transcript Highlights:
- Again, we are the only improvement.
- programs in artificial created programs in artificial intelligence.<00:04:50.160>
We've <00:04 - And then, in terms of a capital appropriation request, we have invested, thanks to you, in improving
- provide three different capital provide three different capital priorities.<00:13:48.639>
The - Um we have a program late uh date.
Summary:
The House Budget Review Subcommittee on Postsecondary Education met without a quorum and postponed approval of the minutes. The committee first heard from Northern Kentucky University President Katie Short Thompson, who highlighted NKU’s enrollment growth, student success metrics, national recognition for value, lower student debt, and new programs tied to regional workforce needs, including AI, cybersecurity, supply chain analytics, cardiovascular perfusion, and the Norse Network Hub for employer access. She asked for a $5 million recurring base funding adjustment to align NKU’s general fund support with peer institutions, along with support for tuition waivers with FAFSA requirements, continued debt collection authority through the Department of Revenue, inclusion of fire and tornado insurance premiums in base funding, inflation and performance-funding support, and increased asset preservation funding. She also outlined capital priorities for the Hail College of Business building, Nunn Hall, and the MEP building, and requested $5.4 million to match private support for the Young Scholars Academy, a dual-credit program serving first-generation and low-income students.
Representative Tipton questioned NKU about the number of older students using tuition waivers and whether the university could continue the program without a statutory age-based mandate. Thompson said the number of students over 65 using the waiver was small, that some students pursue degrees while others audit classes, and that external fundraising could potentially support the program if state funding changed. Tipton also confirmed NKU’s requested priorities and the $5.4 million match for the Young Scholars Academy.
The committee then heard from University of Kentucky representative Dr. Cavallo, who framed UK’s request around accountability, workforce development, research, and health care impact. He described a patient story to illustrate UK’s medical mission, cited growth in enrollment, degrees awarded, hospital patients treated, and research grant revenue, and emphasized UK’s role in extension services and disaster response. He said UK is consolidating services for efficiency and is focusing on future workforce needs, especially artificial intelligence, noting the launch of the state’s first AI bachelor’s degree and a partnership with Microsoft to expand AI tools and training across campus and the Advancing Kentucky Together network. He also discussed demographic challenges, the need to retain graduates in Kentucky, and the importance of aligning programs and funding with long-term state needs.
TX
Texas 89th 2nd C.S.
Appropriations - S/C on Articles I, IV, & V Feb 27th, 2025
Appropriations - S/C on Articles I, IV, & V
Transcript Highlights:
- The intent of the program was to develop and implement policy initiatives that improved the court's interaction
- Hidalgo County has begun to implement the program.
- We have two basic programs capital post-conviction representation in this. largest budget strategy, we
- Um, the capital mitigation specialist fellowship, essentially an apprenticeship program, would allow
- , either expansion or new programs.
TX
Texas 89th Regular
Appropriations - S/C on Article I, IV, V Mar 5th, 2025
Transcript Highlights:
- I think you're thinking of the Juvenile Justice Alternative Education Program.
- Technical adjustments item one is to amend writer to the capital budget and this would increase the capital
- Technical adjustments item one would be amend writer two, the capital budget.
- Item two is to revise the capital budget rider to update the driver's license office to specify.
- cold case testing along with capital budget items for improved DNA testing. 7 B is.
MN
Transcript Highlights:
- for the financing of the capital for the financing of the capital improvements<00:15:19.280>
- reserves and make to fund the capital reserves and make capital<00:44:25.520>
improvements <00 - :44:26.680>
and <00:44:26.840>that's capital improvements and that's capital improvements - Section 12 is a reserve for those capital improvements.
- Section 12 is a reserve for those capital improvements.
MN
Minnesota 2025-2026 Regular Session
House Transportation Finance and Policy Committee 2/12/25
Transportation Finance and Policy
Transcript Highlights:
- bill, including the local road improvement program, the local bridge program, and funding for all modes
- roads and bridges: the local bridge replacement program, the local road improvement program, and the
- roads and bridges: the local bridge replacement program, the local road improvement program, and the
- roads and bridges: the local bridge replacement program, the local road improvement program, and the
- roads and bridges: the local bridge replacement program, the local road improvement program, and the
TX
Transcript Highlights:
- I think creating a sense of order will definitely help improve the effectiveness of our programs.
- I think creating a sense of order will definitely help improve the effectiveness of our programs.
- I think creating a sense of order will definitely help improve the effectiveness of our programs.
- I think creating a sense of order will definitely help improve the effectiveness of our programs.
- The STAR program addresses critical infrastructure needs and sustains facility improvements for soldiers
Bills:
SB 1
NM
New Mexico 2026 Regular Session
House - Chamber Meeting Jan 26th, 2026 at 11:12 am
New Mexico House Floor Meeting
Transcript Highlights:
- EPSCoR, it's the Established Program to Stimulate Competitive Research.
- EPSCoR is the Established Program to Stimulate Competitive Research and is a program started by the National
- improvements over the last several years, with more to come.
- House Bill 168 continues: creating the New Homes for New Mexico program, providing for program administration
- Improvements Committee.
WA
Transcript Highlights:
- Across all these programs, we have worked really hard to make continuous improvement to reach outcomes
- our programs.
- Grant programs like this one provide capital funding to procure new buses, construct facilities, and
- Next up is the Green Transportation Capital Grant Program, which is a competitive program.
- I'm joined by Jason Hattari, our capital programs manager.
Summary:
The House Transportation Committee held a work session focused heavily on Climate Commitment Act transportation spending and electrification programs. Staff first reviewed roughly $2.2 billion in CCA transportation allocations over three biennia, noting that the largest shares went to public transportation, active transportation, ferry electrification, ZEV programs, rail freight/ports, and planning, with about half of the electrification and fuel-conversion spending tied to state ferries. Members asked for more detail comparing CCA dollars with the broader transportation budget and for total project costs, not just CCA contributions.
The Department of Ecology presented on the zero-emission school bus program. Ecology said the legislature codified the program in 2024 and requires electric buses once diesel and electric costs are equivalent, with exemptions available when electric buses cannot meet district needs. Ecology reported $38.3 million in CCA funding for 2025-27, with $21.4 million already obligated or spent to replace 91 diesel buses in 28 districts, plus additional federal EPA funding leveraged for 13 more buses. Members asked about health impacts, parity timing, rural route exemptions, charging and training costs, and whether the program includes infrastructure; Ecology said the grants cover buses, charging, and sometimes training, and that the Office of Superintendent of Public Instruction is developing the cost-equivalency formula.
The Department of Commerce described its clean transportation role, including EV rebates, charging infrastructure, tribal electric boats, and the EV Coordinating Council. Commerce said its rebate program was designed to lower monthly payments for low-income households, that 89% of recipients said the rebate was essential to their purchase, and that lease incentives helped draw additional federal dollars. Members asked about tribal boat details, utility interconnection and curtailment, range anxiety, and vandalism at charging stations; Commerce said battery storage and managed charging are being used in some projects, some utilities are more responsive than others, and vandalism remains a challenge. The Department of Enterprise Services reported 567 Level 2 and 46 Level 3 charging ports installed at 82 state sites, with 19 more sites in progress and over $100 million in additional candidate projects. DES said most funding is for new infrastructure, though some VW settlement money is used for replacements, and members asked about charger replacement needs, mobile charging, and EV fleet purchasing data.
WSDOT then outlined its EV infrastructure and transit programs. It said the Zero Emission Vehicle Infrastructure Partnership program has funded 23 new charging sites this biennium, including overburdened communities and tribal locations, and has supported 264 DC fast-charging ports statewide. WSDOT also described the new Washington Zero Emission Incentive Program, a point-of-sale voucher program for zero-emission commercial vehicles and equipment with $112 million available this biennium; it reported strong early demand, especially for off-road equipment and heavy trucks, and said technical assistance is being provided to help businesses participate. In public transportation, WSDOT said CCA funds support bus and bus facility grants, commute trip reduction, green transportation capital projects, paratransit, tribal transit, zero-emissions access car share, and other mobility projects, with most awards benefiting overburdened communities. Finally, WSDOT’s rail freight and ports division said port electrification projects are underway but spending is still low because of long design, permitting, utility, and supply-chain timelines; it estimated the $89.8 million program could reduce more than 140,000 metric tons of emissions over 10 years. Members questioned the pace of spending, the Northwest Seaport drayage project, and how state funds can leverage additional federal or port resources.
ND
North Dakota 2025-2026 Regular Session
Water Topics Overview Committee Mar 26th, 2026
Transcript Highlights:
- This is more maintenance, deferred maintenance, future capital projects, things that a cost-share program
- This is more maintenance, deferred maintenance, future capital projects, things that a cost-share program
- This is more maintenance, deferred maintenance, future capital projects, things that a cost-share program
- Those identified $435 million in future capital improvement needs just in those 11 cities.
- You know, we should be trying to have a program where we could, you know, as we're doing improvements
Summary:
The Water Topics Overview Committee met with a quorum and received updates from the Department of Water Resources and the State Water Commission, followed by presentations from Deloitte on two legislative studies required by House Bill 1020. Director Reese Haas reviewed major project and budget updates, including the Northwest Area Water Supply and Southwest Pipeline projects, Resources Trust Fund balances, carryover spending, project prioritization, bid conditions, regional water system coverage, and department process improvements. Members also discussed how the commission prioritizes projects, maintenance expectations, and the impact of limited municipal water supply funding. No formal committee action was taken during the DWR update; the commission’s municipal funding decisions were described as pending its April 8 meeting.
Deloitte then presented the cost-share policy study, which found that under current policy and forecasted revenues, North Dakota faces an estimated $1.3 billion shortfall over 14 years, with a near-term gap of about $1.8 billion through 2031. The firm outlined seven recommended options, including tighter definitions and a 25% cost share for eligible replacement projects, caps and financing strategies for the Mouse River and Red River Valley projects, aligning cost share with commission priority guidance, delaying lower-priority projects, using available lines of credit, and adjusting reimbursement timing for revolving loan funds. Committee members questioned inflation assumptions, affordability, user fees, and the use of legacy fund earnings for bonding, but no decisions were made.
In the governance and finance study, Deloitte said final recommendations are still being refined, with a final report due May 29. The study examined the Southwest Pipeline, NAWS, and Red River Valley systems using governance and finance criteria such as decision authority, transparency, affordability, risk, and access to funding. For Southwest, Deloitte outlined options ranging from improved state-authority coordination to transferring ownership to the Southwest Water Authority; for NAWS, options focused on strengthening the authority’s role and potentially transitioning operations and maintenance; and for Red River, options ranged from enhanced facilitation to formal state oversight or state ownership. Members asked follow-up questions about ownership transfer, capital repayment streams, and why NAWS was not considered for transfer, and Deloitte said NAWS’s limited organizational maturity made that option less viable in the near term.
KY
Kentucky 2026 Regular Session
Capital Projects and Bond Oversight Committee (2-19-26)
Transcript Highlights:
- <00:08:51.120>
expenditures for capital expenditures for capital expenditures and<00:08:53.120 - >> the some of your 30-year capital >> the some of your 30-year capital expenditure<
- terms of the federal capitalization terms of the federal capitalization grant.<00:43:33.200>
- And again, I will say the grant program is a really good program when used, and we've used it really
- is a really good program when program is a really good program when used<00:58:30.880>
and <00
Keywords:
0:00:02 Call to Order and Roll Call
0:00:30 Approval of Minutes
0:00:49 Information Items
0:01:54 Louisville Arena Authority
0:24:50 Project Rpt from Postsecondary Institutions - MSU
0:26:35 Project Rpt from Finance and Admin. Cabinet
0:37:52 Lease Rpt from Finance and Admin. Cabinet
0:40:13 Rpt from OFM – KIA
0:56:00 Rpt from OFM – EDF Grants
0:58:45 Rpt from OFM – OFM
1:01:46 Adjournment, 958, all
Summary:
The committee first handled routine business, including a roll call, approval of the prior meeting minutes, and a set of informational reports. Those reports covered University of Louisville research equipment purchases, a Kent County school district debt issue for elementary school renovations, the University of Kentucky’s planned use of construction management risk for a new engineering building, APA certification reports for underwriter and bond counsel selection committees, and a KCNA status report on infrastructure upgrades and purchases.
The main presentation was an informational update from the Louisville Arena Authority. Board representatives said the arena was created to drive economic development and reported about $1.4 billion in economic impact from 2010 to 2013. They explained the authority’s financial structure, including arena operating revenues, TIF revenues, debt service, and a long-term capital plan for major repairs and replacements. Members questioned the low net revenue figures, the long timeline before TIF revenues are projected to exceed debt service, the size of capital expenditure spikes, and the University of Louisville revenue-sharing arrangement. The authority said the $2.42 million annual UL payment is fixed under a 2017 refinancing agreement, while other amounts vary with ticket sales and related revenues. They also said the COVID-era state and Metro funds, combined with authority cash, were used to prepay debt and reduce interest, lowering the debt service schedule.
The committee then considered and approved a new capital project for a new HVAC system for the student wellness center pool area. The project, presented by university staff, was approved by the board and required committee action. The committee took a roll call vote, and the project passed unanimously.
Finally, Janice Thomas of the state budget office presented two tourism, arts, and heritage cabinet grid resilience projects at Kincaid Lake State Resort Park and Kentucky Down Village State Resort Park. Each project costs $7,834,600 and is funded mostly by a federal grid resilience grant, with the remainder from state utility infrastructure replacement funds and energy policy funds. Staff explained that the projects will move park electrical service ownership and maintenance to regional utilities, allowing the state to exit the infrastructure-management role while continuing to pay utility bills through normal metering. The committee approved the action item by voice vote.
NM
Transcript Highlights:
- bill or their capital discretionary amounts this year.
- The state agency appropriations are under capital program funds.
- This program provided significant support for us.
- This program was instrumental in helping me raise this capital, and it's generally from out of state
- Woods, I'm correct if it's part of the capitated Medicaid MCO program, the surtax applies to that coverage
TX
Transcript Highlights:
- There's other vocational programs that Windham is doing and educational programs.
- There's other vocational programs that Windham is doing and educational programs.
- to move that program into a permanently funded program.
- to move that program into a permanently funded program.
- programming.
Bills:
SB1
Keywords:
campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards
Summary:
The committee heard a Legislative Budget Board presentation and then testimony from the Department of Public Safety on the Article 5 public safety budget. LBB said DPS’s 2026-27 recommendation totals $3.7 billion, down from the prior base, while FTEs rise by 856.7. Major items included increased funding for driver license services and customer support, new trooper funding and recruit schools, crime lab operations, border security, and reductions tied to one-time facility, vehicle, and aircraft spending. The committee also discussed new riders, including one to lapse unused trooper funds and require reporting after recruit schools.
Members focused heavily on driver license operations, questioning why prior staffing increases and a prior efficiency study had not solved long wait times, high call abandonment, and appointment delays. DPS and LBB said the agency receives about 22,000 calls per day, answers only about 9 percent, and is seeking more staff plus technology upgrades such as automation, kiosks, and better online processing. Senators also raised concerns about rural access, REAL ID document requirements, and whether the department should rethink its processes rather than simply add employees.
DPS leadership then described needs for the Williamson County training academy, additional troopers, Capitol and Alamo security, border operations, aircraft and vehicle replacement, and regional headquarters in El Paso and San Antonio. Members asked about Operation Lone Star costs, overtime, pursuit safety, border crime, oilfield theft, and sexual assault kit and toxicology backlogs. DPS said border deployments remain focused on criminal threats, that overtime is partly driven by deployments and staffing shortages, and that the sexual assault kit backlog is down to 118 cases with a goal of zero by April. The committee later recessed and began the Texas Alcoholic Beverage Commission budget presentation, where LBB outlined a $115.1 million recommendation and noted ongoing costs for the AIMS technology project.
VT
Transcript Highlights:
- 952, which is an act relating to capital 952, which is an act relating to capital construction<00
- It The best way to follow the capital It The best way to follow the capital bill<00:58:24.280>
language of the capital bill. language of the capital bill. - <01:10:43.680>
That rehabilitation and improvement. That rehabilitation and improvement. - program.
Summary:
The House opened with a devotional reading by poet April Osmon, who read two poems focused on bridging political divides and shared humanity. Members then recognized the final day of service for the legislative pages, thanking them for their work during the 2026 session and presenting each page with a pin and a photo opportunity.
The chamber then handled bill referrals: Senate Bill 193, creating a forensic facility for certain criminal justice-involved persons, was referred to Judiciary; Senate Bill 198, regulating tobacco products and tobacco substitutes, went to Commerce and Economic Development; Senate Bill 214, concerning pre-kindergarten education in geographically isolated school districts, went to Education; and Senate Bill 218, reducing chloride contamination in state waters and carrying an appropriation, was referred to Appropriations. The House also read and adopted two concurrent resolutions: HCR 237 congratulating Vermont-associated 2026 Winter Olympic medal winners, and HCR 238 honoring the Vermont Association for the Blind and Visually Impaired on its 100th anniversary.
Much of the remainder of the session consisted of tributes and guest recognitions tied to those resolutions. Members highlighted Vermont’s Olympic skiers and coaches, including Ben Ogden, Paula Moltzan, Ryan Cochran-Siegle, Jessie Diggins, Mikaela Shiffrin, Barbara Ann Cochran, Bill Koch, and others, and read a note from Diggins thanking Vermont for its support and emphasizing teamwork and community. Speakers also praised VABVI’s century of service and its role in helping blind and visually impaired Vermonters, and several members offered personal remarks honoring retiring Representative Francis “Topper” McFaun for his long service, mentorship, and family legacy.
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee Mar 26th, 2025
Transcript Highlights:
- average cost of capital, or WACC.
- So PG&E has a program called REACH, which impacts 54,000 households, and another program called the California
- Alternative Rates for Energy, or CARE, Program.
- So the dollars that would ...or CARE Program.
- Private capital says this looks like a good deal.
Summary:
The committee first heard AB 13, which would restructure the CPUC to increase legislative oversight, add legislative liaisons, require more detailed and timely reporting on rate-setting decisions, and add a public advocate member. The author and supporters argued the bill would improve transparency, accountability, and geographic diversity in CPUC decision-making amid rising utility rates. Witnesses from TURN, San Joaquin County, SDG&E, and former CPUC Commissioner Loretta Lynch offered support or support-in-principle, while no opposition testimony was presented. Members generally praised the bill’s transparency goals, and AB 13 passed 10-0 to Appropriations, with the roll left open for absent members.
The committee then adopted the 2025-2026 committee rules and approved three consent items: AB 61, AB 365, and AB 406. The next bill, AB 99, would cap investor-owned utility rate increases above inflation except for specified costs such as safety, modernization, and fuel/commodity costs. The author and supporters, including a representative of the California Senior Legislature, said the bill was needed to protect ratepayers, especially seniors and low-income customers, from repeated rate hikes. Opposition came from utility labor, utilities, the Chamber of Commerce, and others, who argued the bill was too simplistic, could suppress labor costs, and did not account for major cost drivers such as wildfire mitigation, mandates, and net metering. Several members supported moving the bill forward as a starting point on affordability, while others criticized it as overly blunt. AB 99 passed 11-0 to Appropriations, with the roll left open.
The hearing then shifted to an informational panel on strategies to reduce California transmission costs. A Public Advocates Office staffer described a growing backlog of approved-but-unbuilt transmission projects, rising transmission access charges, and long project timelines driven largely by utility pre-application and construction periods. Panelists from Net Zero California and consulting firms presented research suggesting that public financing or public-private partnership lease models could reduce transmission costs by lowering financing, tax, and capital costs, with estimated savings of up to 57% and as much as $123 billion over 40 years. PG&E’s representative said the utility is already pursuing federal loan guarantees, grants, and a public-private partnership with Citizens Energy, but warned that state ownership could create tax, wildfire-liability, and governance risks. Members asked about the CPUC’s role, the causes of delays, and whether public financing could complement existing competitive solicitation processes.
NM
New Mexico 2026 Regular Session
IC - Legislative Finance Dec 8th, 2025
Transcript Highlights:
- Main Street and our food hunger programs continue to improve lives and communities all over New Mexico
- And finally, I want to hit on our JEDI program, which recently... ...launched Capital Connect, which
- And they're very interested in creating on-the-job training programs, internship programs, even pulling
- The River Stewardship Program is one of those programs that...
- The River Stewardship Program is one of those programs that has historically the department has come
Summary:
The committee first recognized Mark Roper of the Economic Development Department for his long service and retirement, with members and the secretary praising his work on economic development across the state. Secretary Rob Black then presented EDD’s budget and special appropriation requests, describing strong recent job and income growth and outlining the department’s strategy around science and technology, site readiness, workforce development, foreign direct investment, and rural/community programs. He highlighted wins in advanced energy, quantum, space and defense, and biosciences, and asked for funding for quantum/DARPA matching funds, additional site readiness work, LIDA closing funds, JTIP training support, New Mexico Partnership, and healthy foods and other community programs.
Members asked detailed questions about the quantum proposal, site readiness, the new mapping tool for industrial sites, workforce participation, trade missions, foreign investment, tariffs, water and produced water, tribal site evaluation, and public engagement on major projects. Black said the quantum request was intended to match federal dollars and build a workforce pipeline, that the site-readiness software would be a set enterprise license, and that the department was working with tribes and local partners on future site evaluations. He also said tariffs have created uncertainty but New Mexico’s infrastructure and foreign trade zones could help attract manufacturing, and he acknowledged concerns about transparency and community input while noting that some projects, such as Pacific Fusion, had gone through extensive public processes.
The committee also discussed specific projects and funding balances, including Mantis Space’s move to Albuquerque, the status of Virgin Galactic’s spaceport lease, and the current LIDA fund balance and encumbrances. Black and Deputy Secretary Isaac Romero said the department was trying to use State Investment Council-backed venture funds to attract companies and that the new investments were already producing deals and jobs. Members generally supported the department’s direction but pressed for more targeted expertise, faster deployment, and stronger community involvement in future economic development decisions.
Later, Secretary de Blassie of the Department of Health presented the department’s budget request and progress report. He said DOH had improved revenue cycle management, reduced old Medicaid-pending cases, increased census at facilities, improved budget and contract timeliness, and responded effectively to the measles outbreak. The department requested additional base funding for epidemiology and response, the DOH helpline, the Vital Records Virtual Vault, state labs, and the veterans home, along with special requests for respiratory vaccinations and marketing and lab equipment replacement. He also noted progress on MOUD and the medical psilocybin program, and said the department was not seeking to launch new programs given the limited time left in the administration.
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Dec 10th, 2025 at 01:45 pm
Transcript Highlights:
- With capital outlay, we do have capital outlay requests in for 6.15 million for our main school building
- towards evidence-based programming, as well as the outcomes of those evidence-based programs.
- programs are listed.
- And how can we improve?" So, Mr.
- nearly three-quarters of a billion dollars In agency-run grant programs in capital outlay.