Video & Transcript Research : 'fiscal analysis'

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FL

Florida 2025 Regular Session

January 14, 2025 - 03:30 PM

Transcript Highlights:
  • The total state budget for fiscal year 2024-25 is $117.5 billion.
  • The Pre-K-12 budget is the second largest user of general revenue in the state's fiscal year 2024-25
  • It's become more fiscally responsible and maximize those student outcomes.
  • preparing the department's annual legislative budget request for the upcoming fiscal year.
  • a new fiscal year, and then beginning the work for the upcoming LBR.
Summary: The Pre-K through 12 Budget Subcommittee held its first interim meeting, took roll, and established a quorum. Members introduced themselves, many noting backgrounds in education, school boards, local government, or parenting, and Chair Jenna Persons-Mulicka outlined the committee’s goal of building the fiscal year 2025-26 Pre-K-12 budget. She also reviewed the fiscal year 2024-25 education budget, noting that the Pre-K-12 portion totals about $21 billion, with the Florida Education Finance Program (FEFP) as the largest driver, along with major funding for VPK, school readiness, and school recognition. She explained that federal COVID relief funds have ended and that recent school choice legislation has affected budget structure. Commissioner Manny Diaz and department leaders then gave overviews of their divisions. Diaz highlighted Florida’s education rankings, record graduation rate, progress monitoring, expanded school choice participation, charter school growth, and teacher salary investments, while emphasizing a focus on literacy, math, and early learning. Carrie Miller described the Division of Early Learning’s school readiness and VPK programs, their funding, eligibility, accountability systems, and the importance of kindergarten readiness. Paul Burns outlined the Division of Public Schools’ work on educator quality, literacy, standards, certification, family outreach, federal programs, and school improvement. Suzanne Pridgen reviewed finance and operations functions, including budget management, FEFP calculations, grants, procurement, transportation, and emergency management. Adam Emerson described parental choice programs, including scholarships, charter schools, schools of hope, virtual education, and home education. Darren Norris detailed the Office of Safe Schools’ responsibilities for risk assessments, compliance inspections, threat management, grants, and training created after the Marjory Stoneman Douglas tragedy. Members asked questions about several issues, including whether the Safe Schools office recommends changes to the school safety grant distribution formula, whether early learning eligibility should shift from federal poverty level to state median income, how scholarship payments are verified to avoid funding students who return to public school, and whether daily attendance systems could improve funding accuracy. Other questions addressed hurricane-related survey disruptions, VPK provider reimbursement rates and instructional hours, teacher salary increases, school start time costs, and how voucher schools handle IEP accommodations. Department officials generally said some issues remain under review, supported moving school readiness eligibility to SMI, noted that scholarship and enrollment data are cross-checked and adjusted when needed, and said progress monitoring now helps schools support mobile students. On school safety, officials said exemptions are allowed in statute for some items but not for classroom doors, and that district-specific conditions matter. No votes were taken and no formal actions were reported beyond receiving presentations and discussion.
CA

California 2025-2026 Regular Session

Senate Appropriations Committee May 11th, 2026

Appropriations

Transcript Highlights:
  • Before we begin, I want to remind any witnesses to limit their testimony to the fiscal aspect of the
  • Chris Weisakku, at WMA, and I thought the analysis done by the consultant was very, very thorough, but
  • The number one fiscal reason is litigation costs due to the necessity of the Attorney General defending
  • Chris Weisakku, at WMA, and I thought the analysis done by the consultant was very, very thorough, but
  • The number one fiscal reason is litigation costs due to the necessity of the Attorney General defending
Keywords: 987, senate, all
Summary: The Senate Committee on Appropriations heard a large suspense-file agenda and, after waiving presentation on most measures and taking no public testimony or committee questions on the vast majority, moved nearly all items to the suspense file without objection. The hearing began with a quorum call and a reminder that testimony should focus on fiscal impacts. SB 994 was removed from the agenda and sent directly to the Senate floor. The Department of Finance did not attend because it had no comments on the bills. Several bills drew limited testimony on fiscal concerns. SB 1092 and SB 1093 prompted opposition testimony from Chris Weisakku of WMA, who cited potential litigation costs, impacts on state and local tax revenues, and increased Department of Housing and Community Development workload. SB 1147 drew opposition from NextGen Financial and Junior Achievement, which argued it would undermine a recently negotiated statewide financial literacy framework and could create inequities in instruction. SB 1041 drew opposition from the California Bankers Association and county treasurers/tax collectors over concerns about PACE liens, refinancing costs, and possible harm to senior citizens. SB 1153 was supported by the Association of California Water Agencies, which said wildfire response planning requirements for urban retail water suppliers would use existing structures and not add state costs. One measure, SB 1238 by Senator Wahab, was taken up for a due-pass vote after testimony from the author and the California Association of Realtors. The bill would add HOA-related disclosures and clarify fiduciary and reserve-use requirements, with an estimated one-time Department of Real Estate cost of $50,000. The committee approved SB 1238 on a 5-1 vote, with Senators Cervantes, Cabaldon, Dahle, Grayson, Richardson, and Wahab voting aye and Senator Seyarto voting no. All other measures heard during the session were moved to the suspense file without objection.
FL

Florida 2026 4th Special Session

January 21, 2026 - 04:00 PM

Transcript Highlights:
  • the Subcommittee's recommendation for the proposed House General Appropriations Act for the next fiscal
  • enforcement, those are investigators that look into fraud across the state, either through financial or fiscal
  • up on a question that you asked last time when we were here about whether we've done studies or analysis
  • With the funds that were received under the bills that had a fiscal attached to them, what we saw is
  • So, you're talking about somebody that was probably doing spreadsheets, not really doing analysis work
MO

Missouri 2026 Regular Session

Elementary and Secondary Education Jan 15th, 2026

Elementary and Secondary Education

Transcript Highlights:
  • Beyond that, I am not a fiscal note expert.
  • I can let you know—actually, I did do some additional analysis.
  • I think that when I was looking at the fiscal note, I don't know that it was necessarily the wrong fiscal
  • I think that's where the fiscal note that we have is.
  • I noticed in the fiscal note on the second...
Keywords: 959, house, all
HI

Hawaii 2025 Regular Session

FIN Info Briefing - Mon Jan 6, 2025 @ 9:00 AM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • <00:20:44.240> the Bureau of economic analysis the Bureau of economic analysis the top top
  • And, uh, so I think you're right that this fiscal year should be fine, maybe even next fiscal year I
  • <01:30:37.800> year raises your you know this fiscal year raises your you know this fiscal
  • 4.3 we are well below that in fiscal 4.3 we are well below that in fiscal year<01:56:09.840>
  • we maintain a degree of fiscal we maintain a degree of fiscal constraint<02:04:20.760> uh
Keywords: 910, house, all
Summary: The Committee on Finance held its first informational briefing for 2025, beginning with member introductions and then hearing an economic outlook presentation from Dr. Eugene Tian of the Department of Business, Economic Development and Tourism. Dr. Tian said Hawaii’s economy was in relatively good shape in several areas, especially construction, which he described as at a historical high, with construction employment above 40,000 monthly and building permit values and contracting tax base both up sharply. He also noted real estate sales had rebounded in 2024, the labor market had stabilized with unemployment around 2.9%, and initial unemployment claims were below 2019 levels. At the same time, he highlighted challenges including inflation running above the national rate, a shrinking labor force, lower employment compared with 2023, and continued weakness in visitor spending and arrivals. He said future growth would likely come from health care, professional services, construction, tourism recovery, and diversified sectors such as renewable energy, aquaculture, creative industries, and technology. Dr. Tian also discussed Hawaii’s economic structure and recovery, saying the state remains more concentrated in a few industries than the U.S. overall, with government and hospitality making up larger shares of the economy. He said non-tourism sectors had recovered, but tourism-related jobs and output were still below pre-pandemic levels, with Maui and the visitor industry still affected by the wildfire and COVID-19 impacts. He projected tourism and non-agricultural wage and salary jobs would not fully recover until 2027, and said population trends remain a concern because of aging, the likelihood of deaths outpacing births in coming years, and reliance on in-migration. After his presentation, the chair said questions would be taken later and the committee took a short break. After the break, Dr. Carano of the Hawaii Executive Director’s office presented a second outlook, saying Hawaii’s economy in 2025 looked better than 2024 overall, though he emphasized substantial uncertainty tied to the incoming federal administration. He said possible changes to tariffs, tax policy, immigration, and federal spending could raise inflation and keep interest rates higher than previously expected, which would affect housing, consumer debt, the dollar, and Hawaii’s visitor industry. He noted that U.S. visitors account for roughly three-quarters of visitor spending in the state, making federal policy especially important. He also said deregulation could be a long-term positive but would not likely have much effect in 2025 or 2026. As an additional risk, he pointed to bird flu and its effect on livestock, poultry, and egg prices. No votes or formal actions were taken during the briefing.
NM
Transcript Highlights:
  • the total amount of funding that you all appropriate or that flows through the SEG in the current fiscal
  • in enrollment growth units that we didn't project for or that we didn't anticipate in the current fiscal
  • Next fiscal year will be the last year of the $20 million that you've put aside for clinical practice
  • Requires a much deeper analysis and study. Thank you.
  • We are facing a $250,000 deficit this fiscal year with no cash reserve.
NM

New Mexico 2025 Regular Session

IC - Courts, Corrections and Justice Jun 30th, 2025

Courts, Corrections & Justice Committee

Transcript Highlights:
  • Uh, that's because of the split in the fiscal year. So one for today and one for tomorrow.
  • In fiscal year 24, counties collectively spent $383 million on jails.
  • 2019 going all the way through fiscal year 2024.
  • It's available tomorrow, July 1 is the beginning of the fiscal year.
  • We will be close to, we are, this is the end of the fiscal year.
NH

New Hampshire 2026 Regular Session

Senate Executive Departments and Administration (01/21/2026)

Executive Departments and Administration

Transcript Highlights:
  • And analysis than it did 30 years ago.
  • Um meta analysis on specific conditions.
  • The fiscal note on the current bill indicates about 111,000.
  • <01:35:42.560> note you don't envision a huge fiscal note you don't envision a huge fiscal
  • The fiscal note on on the >> No, I don't.
Keywords: 1191, senate, all
TX

Texas 89th 2nd C.S.

Pensions, Investments & Financial Services Mar 24th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • the Texas Bond Review Board, CEO debt outstanding among local governments increased by 93.3% from fiscal
  • year 2015 to fiscal year 2024.
  • This is just not just a fiscal issue. It's a matter of fairness and transparency.
  • Governments have creative workarounds for almost every fiscal rule imaginable, which is why I tend to
  • Um, the first one is chain analysis and chain analysis.
FL

Florida 2026 Regular Session

Appropriations Committee on Higher Education Feb 12th, 2026

Appropriations Committee on Higher Education

Transcript Highlights:
  • Because of my love of data and data analysis, when I was asked by faculty members to review different
  • campuses, protect religious liberty and free speech in schools, and author the definitive scholarly analysis
  • on the Common Core State Standards, And authored the definitive scholarly analysis on the Common Core
  • campus, protect religious liberty and free speech in schools, and author the definitive scholarly analysis
  • on the Common Core State Standards, and authored the definitive scholarly analysis on the Common Core
Summary: The Senate Appropriations Committee on Higher Education opened by noting it would not present its budget that day, explaining the budget rollout would be delayed until the following week to align with House partners and Senate notice requirements. After a roll call confirmed a quorum, the chair explained that because of the large number of gubernatorial appointments, the committee would hear only a subset individually and consider reappointments in a block unless members requested otherwise. The committee then heard testimony from appointees and reappointees to several university boards. Florida A&M University nominees Roderick Harris, Victor Young, and Rafael Vasquez emphasized service to their alma mater, support for leadership, student success, entrepreneurship, scholarships, and maintaining FAMU’s status as a leading HBCU. Florida Atlantic University appointees Linda Stock and Thomas Mersh highlighted FAU’s growth, R1 research designation, quantum computing, servant leadership, entrepreneurship, and expanded research opportunities. University of Central Florida reappointee Alex Martins focused on UCF’s preeminence, workforce needs, nursing and engineering, and keeping graduates in Florida. Florida Gulf Coast University nominees James Gris-Mall, Douglas Van Orte, Robert Rommel, Sarah Partial Perry, and reappointee Joseph Fogg discussed workforce development, affordability, student success, water and environmental programs, business and entrepreneurship, nursing outcomes, and FGCU’s regional role. University of South Florida reappointee Rogan Donnelly cited USF’s AAU status, research growth, and focus on student success, health care, cybersecurity, and AI. Committee members generally praised each nominee’s background and the universities’ achievements. At the end of the hearing, the committee approved all nominees in a single block vote for confirmation and then adjourned.
ND

North Dakota 2026 1st Special Session

Information Technology Committee Jul 8th, 2026

Information Technology Committee

Transcript Highlights:
  • This project is 45% behind schedule, and that's driven primarily by vendor delays related to gap analysis
  • It is just what was active during this fiscal year. There's a nice message from Corey on there.
  • It is just what was active during this fiscal year. There's a nice message from Corey on there.
  • Yes, we lost money last fiscal year, somewhat expected from that, as we didn't have the ability... ..
  • So we do that by doing current state assessments and doing what we call gap analysis.
Summary: The Information Technology Committee approved the March 26 minutes and received a series of reports from NDIT on major IT projects, the annual report, mainframe modernization, and cybersecurity services. The project portfolio was reported at 116 major projects with a baseline cost of $546 million, overall under budget but modestly behind schedule. Several projects that had been in variance status last quarter were said to have closed, including HHS bed management, vital records modernization, and DOT roadway capital planning. New startup reports were mostly HHS efforts tied to refugee data management, technical debt cleanup, and legacy application decommissioning, while closeouts included HHS, OMB, DPI, and DOT projects with mixed budget and schedule results. In the annual report discussion, NDIT described its service-fund financials, peer-state rate comparisons, records management reporting, and customer satisfaction efforts. Members asked about how revenues and grants flow through the service fund, how NDIT charges agencies for services, and whether customer satisfaction or CSAT scores are tracked and could be reported more regularly. NDIT said it does track service-team CSAT and survey data, and committee members encouraged more regular reporting of those metrics. The committee also discussed application portfolio management, statewide IT planning, and whether agencies should slow new system replacements while the state pursues an ERP system. The mainframe update focused on the state’s ongoing effort to retire legacy systems by about 2030. NDIT and HHS said the work is being managed as a tech-debt program, but progress is slowed by data cleanup, integration complexity, staff retirements, vendor capacity, and federal requirements. Members asked whether there is a coordinated commitment and whether additional vendor support or consultants are needed; NDIT said it is working jointly with HHS and is seeking an RFP to help accelerate modernization. The cybersecurity presentation then shifted to statewide maturity assessments and services. NDIT said it provides endpoint protection, vulnerability scanning, security awareness training, threat briefings, and penetration testing, and that assessments are based on CIS controls. Members raised concerns about low participation in the self-assessment process, the lack of mandatory reporting or audit authority, and whether insurance incentives through Enderf or possible State Auditor involvement could improve compliance. No formal votes were taken beyond approval of the minutes.
NM
Transcript Highlights:
  • Certainly for the current fiscal year, we're doing just fine.
  • And given the overall fiscal... ...really great people.
  • And again, that's a flat request from the current fiscal year.
  • And given the overall fiscal really great people.
  • And again, that's a flat request from the current fiscal year.
Summary: The committee began with a presentation on the 520 Native American Language and Culture certificate, created to let proficient tribal language and culture speakers teach in K-12 schools without a bachelor’s degree. LESC staff, PED, and HED described the certificate’s statutory basis, the role of tribes and pueblos in setting proficiency standards, and ongoing challenges such as uneven MOAs, limited professional development, rural access barriers, data gaps, and retention concerns. PED said oversight of 520 is moving from the licensure bureau to the Indian Education Division, and HED reported that the tribal education technical assistance centers authorized in 2023 are still in procurement but are expected to be awarded in early 2026. A student, Alonzo Hughes, testified about how learning Tewa from 520-certified teachers helped him understand his culture and speak with elders, and members praised the program’s role in language revitalization and asked about funding, teacher pathways, and whether similar models exist in other states. Committee members then discussed several PED rule updates. Staff reviewed an adopted rule implementing HB 54 on AEDs and cardiac emergency response plans, including staff training requirements and staggered compliance dates, and a proposed rule for school nurse licensure under HB 195 that would create a three-tier system and align nurse pay with teacher pay. They also reviewed proposed changes to the Community Schools Act rule, including a full-time community school coordinator requirement, updated grant language, and broader coalition membership criteria; PED said the broader language would not conflict with the Martinez-Yazzie work. A proposed bilingual teacher rule would standardize coursework requirements, add trans-languaging and culturally relevant curriculum competencies, and allow Native American language certification applicants to demonstrate proficiency using tribal standards. In questions, members raised concerns about AEDs being present at athletic events, the need for the amended school nurse bill to move experienced nurses directly into higher levels, and whether the community schools rule’s broader coalition language could affect current education litigation. Members also asked about funding for 520 programs, teacher residency or cohort models, and how to support advanced language instruction and sustainability. PED said the Indian Education Fund and school budgets can support some of the work, but additional strategic funding and cross-training are needed. The committee also heard that New Mexico’s 520 system is unusually robust compared with other states, and members encouraged staff to present the model at national conferences. The meeting ended with the director’s report, which noted a flat budget request of $2,024,300, staff turnover including Natasha Davalos’s departure, and appreciation for the committee’s work before adjournment for the holidays.
MN

Minnesota 2025-2026 Regular Session

House Agriculture Finance and Policy Committee 4/7/25

Agriculture Finance and Policy

Transcript Highlights:
  • Uh, so first, Ken Savory, House Fiscal Analysis Department. sure we get it right.
  • so first, Ken Savory, House Fiscal so first, Ken Savory, House Fiscal Analysis<00:04:34.479>
  • Um, it's a fiscal spreadsheet.
  • It's $250,000 each fiscal year in FY 2026-27 and FY 2028-29.
  • It's $250,000 each fiscal year research.
Bills: HF2446
FL

Florida 2025 Regular Session

Senate in Session Mar 27th, 2025

Florida Senate Floor Meeting

Transcript Highlights:
  • That is fiscal.
  • Then that is fiscal because now we need substitute teachers to go into the classrooms.
  • That is more fiscal.
  • There are administrative costs possibly that could go along with this program and that is more fiscal
  • there is no fiscal impact is wrong and it turns out that there is a financial burden on anybody as a
Bills: SJR37, SJR57, SCR8, SB8, SB108, SB125, SB251, SB318, SB378, SB379, SB396, SB472, SB487, SB503, SB533, SB565, SB583, SB608, SB650, SB686, SB689, SB707, SB710, SB763, SB854, SB875, SB916, SB924, SB925, SB958, SB961, SB965, SB987, SB988, SB1006, SB1019, SB1021, SB1024, SB1026, SB1038, SB1146, SB1185, SB1194, SB1202, SB1252, SB1253, SB1330, SB1343, SB1362, SB1497, SB1498, SB1499, SB1527, SB1547, SB1596, SB1697, SJR36, SJR12, SJR57, SJR37, SCR22, SCR12, SCR8, SB925, SB1362, SB565, SB765, SB62, SB666, SB707, SB888, SB687, SB847, SB1248, SB504, SB857, SB305, SB296, SB284, SB1497, SB1499, SB1498, SB241, SB304, SB621, SB1023, SB1024, SB686, SB371, SB204, SB609, SB670, SB850, SB854, SB413, SB1346, SB1033, SB1220, SB1073, SB810, SB1539, SB447, SB875, SB406, SB985, SB965, SB1119, SB1505, SB1194, SB1253, SB1215, SB1302, SB856, SB583, SB673, SB681, SB1172, SB1252, SB378, SB608, SB955, SB957, SB988, SB1019, SB1021, SB1120, SB251, SB541, SB379, SB1737, SB266, SB1415, SB1527, SB125, SB599, SB1330, SB53, SB916, SB1352, SB785, SB710, SB472, SB1450, SB1502, SB1566, SB414, SB1062, SB961, SB1038, SB578, SB711, SB746, SB942, SB1404, SB1448, SB1738, SB108, SB8, SB318, SB507, SB533, SB689, SB1026, SB1349, SB1355, SB1433, SB1434, SB1596, SB1403, SB1146, SB763, SB667, SB1059, SB617, SB1567, SB503, SB16, SB310, SB311, SB396, SB505, SB1209, SB1210, SB1470, SB264, SB924, SB1029, SB1185, SB1202, SB1358, SB1364, SB1569, SB1697, SB1376, SB1228, SB519, SB878, SB1350, SB462, SB1535, SB827, SB1585, SB207, SB1207, SB1619, SB1396, SB920, SB1484, SB1273, SB1741, SB7, SB927, SB1227, SB1229, SB1353, SB1366, SB1464, SB1709, SB1729, SB1733, SB1744, SB1772, SB1816, SB1841, SB2188, SB1147, SB879, SB1008, SB378, SB710, SB916, SB1019, SB1146, SB1194, SB1253, SB1499, SB213, SB925, SB1362, SR263, SR311, SR333, SCR8, SB2407, SB2722, SB2949, SB2407, SB2722, SB2949
AR

Arkansas 2026 1st Special Session

ALC-LOTTERY OVERSIGHT SUBCOMMITTEE Jun 16th, 2026

ALC-LOTTERY OVERSIGHT SUBCOMMITTEE

Transcript Highlights:
  • There are a few things that I would like to highlight for the fiscal '27 budget.
  • If you look at the fiscal '26 budget If you look at the fiscal '26 budget compared to the fiscal '27
  • Total proceeds analysis is net proceeds plus unclaimed prizes.
  • So last year, at the end of the fiscal year, we had 343,418,113 in the trust account.
  • We still have one month to go for this fiscal year.
Summary: The committee reviewed two Arkansas Scholarship Lottery contracts and the lottery’s proposed fiscal 2027 budget, along with the monthly disclosure report for May 2026. The first contract was a new three-year advertising and marketing agreement with Cranford Company, running July 1, 2026, through June 30, 2029, for $19.29 million total, with two optional one-year extensions. Lottery officials said the contract followed an RFP with five bids, no disqualifications, and would cost about $1 million less than the prior contract. Members asked about the bid scoring formula and the weight given to price, and the item was reviewed after a motion and vote. The second contract was a three-year University of Arkansas sponsorship agreement through Learfield for $86,800 per year, or $260,400 total, with no extensions; members questioned a system-generated summary figure that incorrectly showed $1.8 million, and staff clarified that the contract itself did not contain that amount. This item was also reviewed without objection after a motion and vote. In the budget presentation, the Arkansas Scholarship Lottery projected about $108.2 million in net proceeds to be transferred to the scholarship account for fiscal 2027. Officials highlighted expected savings of about $1 million each from the new gaming system/scratch ticket printing contracts and the new advertising contract, along with slight shifts in instant and draw ticket revenue forecasts. The committee did not take action on the budget beyond hearing the presentation. The monthly disclosure report showed May 2026 instant game sales were flat year over year, draw game sales were up 12.6%, and total revenue was up 2.2%, while net proceeds were down 8.2% year over year but up 2.5% versus budget for the month. Year to date, draw game sales were up nearly 11.5% and net proceeds were up about 6.4% to 6.5% year over year, with net proceeds ahead of budget by 9.5%. Members asked how unclaimed prizes are handled, and staff explained that scratch-off prizes must be claimed within 90 days and draw prizes within 180 days; unclaimed prizes remain in reserve during the year, then all but $1 million are transferred to the scholarship trust account at fiscal year end. The meeting ended with praise for the lottery’s marketing around a recent large winner and then adjourned.
AR

Arkansas 2026 Regular Session

ALC-LOTTERY OVERSIGHT SUBCOMMITTEE Jun 16th, 2026

ALC-LOTTERY OVERSIGHT SUBCOMMITTEE

Transcript Highlights:
  • There are a few things that I would like to highlight for the fiscal '27 budget.
  • If you look at the fiscal '26 budget If you look at the fiscal '26 budget compared to the fiscal '27
  • Total proceeds analysis is net proceeds plus unclaimed prizes.
  • We still have one month to go for this fiscal year.
  • At the end of the fiscal year, this gets moved over to net proceeds minus $1 million.
Summary: The committee met to review Arkansas Scholarship Lottery contracts and receive updates on operations and finances. Sharon Strong, the lottery’s executive director, presented a new three-year advertising and marketing contract with Cranford Company for $19.29 million, replacing an expiring contract and coming in below the prior three-year amount. Members asked about the RFP process, number of bids, and how cost is weighted in the award formula; the contract was reviewed and approved without objection after a motion and vote. The committee also reviewed a three-year Learfield sponsorship contract tied to University of Arkansas promotional events for $86,800 per year, with a corrected three-year total of $260,400; members questioned a system-generated summary figure that incorrectly showed a seven-year total, and staff clarified the contract itself was only for three years with no extensions. That item was also reviewed without objection. Strong then presented the fiscal 2027 budget, highlighting expected savings of about $1 million each from the new gaming system/scratch ticket contracts and the new advertising contract. The lottery projected slight shifts in instant and draw ticket revenue, corresponding prize payout changes, and net proceeds of about $108.2 million transferred to the scholarship account. In the monthly disclosure report for May 2026, she reported flat instant game sales, a 12.6% increase in draw game sales, and year-to-date net proceeds ahead of budget, with strong draw game performance attributed in part to Powerball. Members asked about unclaimed prizes, which remain in reserve during the year and are transferred at fiscal year-end to the scholarship trust account except for a $1 million reserve, and about how scholarship funds are distributed through the Division of Higher Education based on student rosters and class year awards. The committee also discussed the lottery’s financial statements, including revenue, prize payouts, operating expenses, trust account balances, and unclaimed prize balances. Staff explained that the lottery is self-sustaining and funded by lottery revenue, not taxpayer appropriations, and that the trust account balance is used to meet scholarship requests from higher education. The meeting ended with Senator Hill praising the lottery staff’s marketing around a recent large winner in Little Rock, and the committee adjourned.
NM

New Mexico 2025 Regular Session

House - Appropriations and Finance Oct 1st, 2025

House Appropriations & Finance

Transcript Highlights:
  • Madam Chair, Representative, yeah, that's this is for Fiscal Year 26, so the current fiscal year, and
  • Fiscal Year 27 for the upcoming fiscal year.
  • There's going to be plenty of time for fiscal impacts and House analysis, Senate analysis.
  • Those are addressed in House Bill 1, making funding available for the current fiscal year, Fiscal Year
  • 26, and into Fiscal Year 27.
NH

New Hampshire 2026 Regular Session

Senate Children and Family Law (03/19/2026)

Children and Family Law

Transcript Highlights:
  • analysis would be helpful to it.
  • the committee would find that a fiscal the committee would find that a fiscal analysis<02:26:43.600
  • I think there is a fiscal issue, but I I think there is a fiscal issue, but I I<02:46:38.960> don't
  • >> Um, no. >> So, we would have to act on these fiscal notes. >> What's our deadline for fiscal?
  • fiscal notes. fiscal notes.
Keywords: 1191, senate, all
AR

Arkansas 2026 1st Special Session

ALC-LOTTERY OVERSIGHT SUBCOMMITTEE Jun 16th, 2026

ALC-LOTTERY OVERSIGHT SUBCOMMITTEE

Transcript Highlights:
  • And if you look at the fiscal '26 budget.
  • And if you look at the fiscal '26 budget compared to the fiscal '27 budget, we have a slight decrease
  • Total proceeds analysis is net proceeds plus unclaimed prizes.
  • We still have one month to go for this fiscal year.
  • For debt set off, one month to go for this fiscal year.
Keywords: 1204, all
MN

Minnesota 2025 1st Special Session

Committee on Health and Human Services - 04/02/25

Health and Human Services

Transcript Highlights:
  • Like I said, I've got two fiscal notes in front of me.
  • Like I said, I've got two fiscal notes in front of me.
  • Reese can come back, please, about the fiscal note. Yes, he can.
  • Reese, if you were part of this fiscal note, um, the— Mr.
  • were part of this fiscal note um the uh were part of this fiscal note um the uh by<00:47:30.920> providing
Keywords: 1187, senate, all