Video & Transcript Research : 'development fund'
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NH
New Hampshire 2025 Regular Session
Capital Project Overview Committee (09/29/2025)
Transcript Highlights:
- director of the Peace Development director of the Peace Development Authority<00:06:59.120>
Division - harbor dredge and pure maintenance fund harbor dredge and pure maintenance fund to<00:07:41.120>
- fund expenditure on the fish repairs. fund expenditure on the fish repairs.
- The previous funds for the 2020 implementation were not capital funds, and they were during the public
- The previous funds for the 2020 implementation were not capital funds, and they were during the public
Summary:
The committee approved the minutes from its June 30 meeting and then considered Capital Project 2515, a request from the Pease Development Authority Division of Ports and Harbors to spend up to $125,000 from the Harbor Dredging and Pier Maintenance Fund to replace a deteriorated 99-foot floating dock at Rye Harbor. Acting Director Richard Hartley said the dock is used for passenger loading and unloading for charters and whale-watching tours and is in poor condition. Representative Edgar moved approval, Representative Wiler seconded, and the motion carried.
The committee then received several informational items, including quarterly and maintenance reports from the Department of Administrative Services, the Community College System of New Hampshire, and the Pease Development Authority. It also heard a presentation from the Department of Health and Human Services on Capital Project 2516, the Beneficiary Service Improvement project supporting closed-loop referrals and related systems. DHHS described the project as a mix of Medicaid enterprise functions and New Hampshire Care Connections tools, including provider modules, third-party liability, event notifications, and closed-loop referrals to connect health and human service providers. Officials said the project is largely federally funded, with capital funds representing only part of the overall effort.
Members asked about the accounting breakdown, prior committee review, provider participation, patient experience, and public response. Representative Burr questioned whether the project had been fully presented previously and raised concerns about the scope and necessity of the $8 million effort; DHHS responded that earlier work was discussed in other committees and that the current presentation covered only capital funds. Senator Waters asked about user response and patient experience, and DHHS said feedback has been generally positive but the system is still in design and implementation. In response to questions about participation, DHHS said 84 providers are currently on the network and clarified that a “provider” generally means an individual organization or health system, not each individual clinician. The committee also set its next meeting for December 9 at 9:00 a.m. at Granite Place, Room 228, and then adjourned.
NM
New Mexico 2025 Regular Session
House - Appropriations and Finance Mar 18th, 2025
House Appropriations & Finance
Transcript Highlights:
- development.
- But there is also funding to the Economic Development Department, Department of Transportation, Workforce
- general fund to the Medicaid trust fund.
- If that source is the general fund, it reverts into the general fund.
- So the fund already exists and there is money in the fund already. exists and there is money in the fund
TX
Texas 89th 2nd C.S.
Appropriations - S/C on Article III Feb 27th, 2025
Appropriations - S/C on Article III
Transcript Highlights:
- The requested funding will serve as a robust model for workforce development for mental health throughout
- The first one is the CRE funding, the Comprehensive Regional university funding.
- any funding going forward.
- Recommendations total $69.1 million in GR and GRD funds and $2.2 billion in all funds.
- , not our funds.
KY
Kentucky 2025 Regular Session
Tobacco Settlement Agreement Fund Oversight committee (6-12-25)
Transcript Highlights:
- We're matching our egg development board funds with about $2.2 million of other funding.
- We're matching our egg development board funds with about $2.2 million of other funding.
- And then also with the A development board funding, we can't do it with federal, but we can do it with
- And then also with the development board funding, we can't do it with federal, but we can do it with
- Or that could possibly be a way to support it, but right now, with keeping the development board funding
Keywords:
Meeting Start 00:00:00
Attendance Roll Call 00:00:50
Approval of Minutes 00:01:21
KOAP Report 00:01:42
Community Farm Alliance and KY Double Dollars 00:20:25
Feeding Kentucky 00:40:55, 958, all
Summary:
The Tobacco Settlement Oversight Committee received a monthly report from the Kentucky Office of Agricultural Policy and the A Development Board/Finance Corporation. Staff reviewed May activity, including county council visits, loan and grant approvals, farm safety funding, and support for beginning farmers, agricultural infrastructure, processing, and county/state projects. The committee also recognized an intern and thanked Tara Roberts for her service as she prepares to leave the agency. Members were reminded about a June 20 anniversary event marking 25 years of the office and related programs.
A major topic was K-CARD, the Kentucky Center for Agricultural and Rural Development. Staff explained that the program is being expanded to provide more technical assistance for beginning farmers and farm families, including help with business plans and estate planning/farm transition discussions. Members asked how farmers would access the service and were told the extension office would be the front-line contact, with K-CARD providing the technical assistance and neutral-site consultations.
The committee also discussed support for large food animal veterinarians. Staff said the incentive program has helped more than 33 veterinarians and is intended to support existing providers rather than quickly increase numbers; members raised concerns about the pipeline and selection process at Auburn University, and staff said discussions with the university were ongoing. The committee then heard from Community Farm Alliance on Kentucky Double Dollars, Fresh Rx for Moms, and farmers market support programs. CFA reported expansion to roadside stands, more retail onboarding, seven new counties, and estimated economic and farmgate impacts, emphasizing that state funding helps leverage federal and private dollars and stabilize local food access programs. No formal votes or legislative actions were taken beyond approving the May minutes.
NM
New Mexico 2025 Regular Session
IC - Legislative Health and Human Services Sep 10th, 2025
Legislative Health & Human Services Committee
Transcript Highlights:
- These funds.
- But they are physical development...
- So it's not that we're taking away funding from others; it's that we're Giving funding to those who are
- Or are miscoding funds?
- How much money did you receive from state funds, Madam Chair? Madam Chair, like grant funds?
MN
Minnesota 2025-2026 Regular Session
House Higher Education Finance and Policy Committee 1/21/25
Higher Education Finance and Policy
Transcript Highlights:
- <00:14:32.320>
Innovative their uh goal is to develop Innovative their uh goal is to develop - in development in development now<00:14:43.320>
and <00:14:43.519>these <00:14:43.720 - funding properly.
- funding properly.
- funding properly.
Summary:
The House Higher Education Finance and Policy Committee met and approved the minutes from the previous meeting. The chair noted that agency overviews from the Office of Higher Education and other state agencies were not available, so the committee proceeded with University of Minnesota presentations instead. The committee also reviewed posted committee rules.
University of Minnesota representatives gave an overview of the university’s research enterprise, describing it as a system of five campuses with a possible expansion to St. Cloud, and highlighting research strengths across campuses in agriculture, energy, natural resources, health, and the Twin Cities flagship campus. They said the university has more than $1.3 billion in annual research expenditures, receives most of its research funding from federal sources, and is ranked highly for both overall research and interdisciplinary research. Examples discussed included the Clinical and Translational Science Institute, the Forever Green initiative, and research tied to sustainable crops, health, and commercialization.
Members asked questions about specific research areas, including biodegradable or renewable plastics, wheat research, food dyes, health and environmental toxins, and the market for winter camelina and winter pennycress. University staff said they could follow up with more detailed information and explained that the winter crop work is intended to become market-driven over time, while also improving soil health and creating new revenue streams for farmers. They also clarified that the university’s federal research funding includes money from NIH, NSF, DOE, DOD, and other agencies, and that the “other” funding category includes foundations, subawards, and internal university seed funding.
The committee then heard a second University of Minnesota presentation focused on partnerships, commercialization, and workforce development. Testimony highlighted collaborations with industry and government partners such as U.S. Steel, 3M, Medtronic, Cisco, and defense-related industry leaders, as well as programs supporting microelectronics, AI, cybersecurity, and sustainable aviation fuels. No formal votes were taken beyond approving the minutes, and the committee ended the segment by moving on to the next testifier.
NM
New Mexico 2025 Regular Session
IC - Legislative Education Study Sep 3rd, 2025
Transcript Highlights:
- We've developed pacing guides.
- credit funding.
- Funding for the Indian Education Act is kind of broken down into below-the-line program funding.
- Then we got $25,000, then we got competitive funding, and this year I have received no funding.
- So, we'll again shift to funding.
HI
Hawaii 2026 Regular Session
EDN Public Hearing - Thu Feb 12, 2026 @ 2:00 PM HST
Transcript Highlights:
- agencies to<00:20:41.520>
develop to develop to develop and<00:20:43.280>they're <00:20 - request for funds. request for funds.
- , including any federal funds designated for deferred maintenance for facilities development within the
- , including any federal funds designated for deferred maintenance for facilities development within the
- with the funding. with the funding.
Summary:
The committee heard testimony on HB 1783, which would expand public-private partnership options for charter school facilities. The Department of Education offered comments, the Charter School Commission and SFA supported the bill, and Hawaii Technology Academy, Hawaii Kids, Hawaii Children’s Action Network, HGA, Aloha Project, and several individuals testified in support, while UPW opposed it. Supporters said charter schools need faster and more flexible ways to address severe facility shortages and high costs, and SFA described the bill as a pilot model that could leverage developer partnerships and state contributions, citing Maryland as an example. Members asked whether the bill was limited to charter schools; DOE said the language could be read to include other public school facilities, but if focused only on charter schools, DOE was less concerned. The Charter School Commission also described an existing public-private preschool model through Parkway Village Preschool and PACTED.
The committee then took up HB 1778, which would establish a CIP database for school facilities. SFA supported the bill, saying it would create a more disciplined, transparent basis for funding decisions by documenting facility condition, needed repairs, classification, and timing. DOE initially said it rested on its comments, then responded to questions by saying it already maintains deferred maintenance lists, uses systems such as Maximo, CPT, GIS, and finance software, and sends legislators project-status letters twice a year. DOE said it is working on improving its outward-facing dashboard and integrating its systems, but questioned whether the bill would add value beyond existing tools. Members emphasized the need for a publicly accessible, real-time transparency tool, while DOE said it was still evaluating its current systems and was not yet seeking funding for a new IT program.
For HB 2344, creating an Independent Public School Realignment and Closure Commission, DOE said it wants to remain part of any consolidation process to keep students and education central, while SFA said the bill is timely and framed it as a restructuring response to changing conditions and possible federal funding cuts. SFA compared the proposal to the federal BRAC process for military base closures and said Hawaii has the same enrollment as in 1961 but many more schools, arguing that the state needs a more deliberate approach to school closures and land reuse. The Attorney General’s office raised technical concerns about several sections, including unclear references to administrative support, a governor-approval sequence, a possible conflict with existing statutes governing closed-school disposition, and a missing section number. Testimony on HB 2345, which would establish a geographic CIP district, began with DOE in opposition; DOE said the bill would duplicate existing work, add confusion by creating two agencies doing the same thing, and spend money inefficiently because district project coordinators and project lists already exist.
TX
Transcript Highlights:
- Related work, and we, we developed a micro grid and that work was actually funded by the state of Texas
- state funding.
- So, we plan to develop that over at RIS and we're also looking at developing EMP test facilities for
- Sure, workforce development, development is very critical in this field also.
- And so those two research funds per Give them access to substantial funding outside of this.
NH
New Hampshire 2026 Regular Session
Senate Energy and Natural Resources (04/14/2026)
Energy and Natural Resources
Transcript Highlights:
- The fund is supposed to be used to fund.
- . funding. funding.
- . fund. fund.
- funded out of the renewable energy fund. funded out of the renewable energy fund.
- a if you if a developer wants to develop a if you if a developer wants to develop a greenfield<01
HI
Transcript Highlights:
- those things through their fund those things through their Workforce<00:04:21.720>
Development - and the special Workforce Development and the special fund<00:42:21.280>
we <00:42:21.359> - These are relatively small donations going into the SCA Workforce Development Fund.
- The Takayama fund? The Takayama fund is not our fund. The Takayama fund is the systems fund.
- >
not <02:09:53.760>our f fund uh the takayama fund is not our f fund uh the takayama fund
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 1/21/25
Housing Finance and Policy
Transcript Highlights:
- The Housing Trust Fund funds rental assistance for households and is $23.3 million.
- The Housing Trust Fund funds rental assistance for households and is $23.3 million.
- I know it is a program that's funded in partnership with the USDA Rural Development Program, and I believe
- I know it is a program that's funded in partnership with the USDA Rural Development Program, and I believe
- , the collection of those funds, the oversight of those funds?
Summary:
The House Housing Finance and Policy Committee met for an informational session with no bills taken up and no votes or formal actions. Members and staff introduced themselves, and Chair Speno said the committee would focus on understanding housing policy and barriers to building more homes, noting Minnesota’s housing shortage and the need to support both single-family and multifamily construction.
House Research analyst Mary Davis and House Fiscal analyst Katrina Heimark gave an overview of the committee’s jurisdiction and the Minnesota Housing Finance Agency’s programs and funding streams. Davis outlined areas the committee may hear about, including real estate law, landlord-tenant law, manufactured home parks, housing cooperatives, zoning, property taxes, and MHFA programs. Heimark described MHFA’s five main budget areas—development and redevelopment, housing stability, homeownership assistance, preservation, and resident/organization support—and reviewed recent appropriations, emphasizing that much of the large 2024–25 funding was one-time money and that ongoing base funding is lower in 2026–27.
Members asked several questions about how prior appropriations were spent, whether unused funds return to the general fund, and whether funds can be repurposed. Heimark said transferred funds generally are not returned to the general fund if unspent, but are expected to be used for the purposes outlined in the appropriation; she also said she had requested more detailed expenditure information from the agency and would follow up. Questions also focused on who benefits from programs such as rental housing rehabilitation and the affordable rental investment fund, with the testifiers explaining that most MHFA programs are targeted to low- and moderate-income households and that income eligibility varies by program. The committee also discussed the new metro-area sales tax revenue dedicated to housing, with members requesting more detail on reporting, oversight, and allowable uses.
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 03/03/26
Housing and Homelessness Prevention
Transcript Highlights:
- fund, and a household economic stability fund.
- fund, and a household economic stability fund.
- One of the latest housing developments that had funding was constructed in 2024.
- A dedicated source of funding will provide the stability needed for contractors and developers to grow
- household stability fund, the home ownership opportunity fund, and the rental opportunity fund.
FL
Florida 2026 5th Special Session
Appropriations Committee on Agriculture, Environment, and General Government Jan 21st, 2026
Transcript Highlights:
- also fund balance itself.
- Federal, state, Funding sources reside from four areas, federal, state, our district, and then also fund
- or some other funding source.
- Each year, when we're looking to develop our budget, our goal is to develop a budget that enables us
- This is an alternative water supply development and water resource development project where we're going
Summary:
The Appropriations Committee on Agriculture, Environment, and General Government heard budget presentations from the Northwest Florida, Suwannee River, St. Johns River, Southwest Florida, and South Florida water management districts for FY 2026-2027. Each district described its preliminary budget, major funding sources, staffing levels, and priorities within the four core missions of water supply, water quality, natural systems, and flood protection. Common themes included reduced budgets from the prior year due to completion of major projects, continued reliance on state appropriations and ad valorem revenue, rising construction and maintenance costs, and the need to maintain aging infrastructure while advancing alternative water supply, springs restoration, flood control, and land management projects.
Committee members repeatedly asked how much of each district’s budget and personnel were devoted to the core missions, how maintenance and operating projections were developed, and how projects were selected. The districts generally said most spending was tied to core responsibilities, with administrative overhead relatively small, and explained that budgets are built through a mix of staff analysis, governing board direction, strategic basin planning, and cooperative funding with local, state, and federal partners. Several districts highlighted specific projects, including Water First North Florida, Black Creek, Taylor Creek Reservoir improvements, Crane Creek, Everglades restoration, and various springs and watershed projects. The districts also noted challenges from hurricanes, inflation, cybersecurity, and aging water control structures.
South Florida Water Management District’s presentation focused on Everglades restoration and the large-scale infrastructure needed to move, store, and clean water in South Florida. The director said the district’s $1.05 billion preliminary budget is largely for flood control, water supply, ecosystem restoration, and maintenance of extensive canals, levees, pumps, and reservoirs, and emphasized that recent restoration investments are producing measurable water quality and salinity improvements. No votes were taken on the district budgets, and the committee adjourned after the presentations and questions.
FL
Florida 2026 Regular Session
Appropriations Committee on Agriculture, Environment, and General Government Jan 21st, 2026
Appropriations Committee on Agriculture, Environment, and General Government
Transcript Highlights:
- also fund balance itself.
- Funding sources reside from four areas: federal, state, our district, and then also fund balance itself
- We get the development of it.
- or some other funding source.
- Each year, when we're looking to develop our budget, our goal is to develop a budget that enables us
Summary:
The Appropriations Committee on Agriculture, Environment, and General Government heard budget presentations from all five water management districts for FY 2026-2027: Northwest Florida, Suwannee River, St. Johns River, Southwest Florida, and South Florida. Each district described its preliminary budget, major funding sources, staffing levels, and how most of its spending is tied to the four core missions of water supply, water quality, natural systems, and flood protection. Several directors noted budget reductions from the prior year largely because major projects were completed or because grant/appropriation funding is not yet fully reflected in preliminary budgets. Committee members repeatedly asked how districts project operations and maintenance costs, how projects are selected, and what share of staff and spending is devoted to core missions versus administration or regulatory work.
Northwest Florida Water Management District said its preliminary budget is $93.4 million, down about 15%, with 97% of spending tied to core responsibilities and a request for additional regulatory services funding. Suwannee River Water Management District presented a $70.4 million budget, emphasized its rural/agricultural character and spring protection work, and highlighted the Water First North Florida reclaimed-water recharge project; members also discussed its need for an additional FTE to handle consumptive use permit reviews tied to a new lower Santa Fe rule. St. Johns River Water Management District presented a $181 million budget, highlighted major water supply, water quality, flood protection, and land management projects such as Taylor Creek Reservoir, Water First North Florida, Black Creek, Crane Creek, and Lake Jessup restoration, and said about 93% of its budget supports core missions.
Southwest Florida Water Management District presented a $227.6 million budget, with major spending on alternative water supply, water control structure repairs, watershed projects, and land management; officials said 93.4% of the budget supports core missions and discussed rising construction costs for aging infrastructure. South Florida Water Management District presented the largest budget at $1.05 billion, focused on Everglades restoration, flood control, water supply, and ecosystem recovery; the director described major reservoirs and treatment projects, the EAA Reservoir, and ongoing efforts to improve water quality and restore flows to the Everglades and Florida Bay. The committee took no formal votes on the district budgets and adjourned after the presentations and questions.
ND
North Dakota 2026 1st Special Session
Advanced Nuclear Energy Committee Jun 16th, 2026
Advanced Nuclear Energy Committee
Transcript Highlights:
- In general, the state energy offices across the country develop and fund strategic frameworks or master
- They provide funding for research and development and set up programs.
- So there are also some examples of states directly providing funding to either utilities or developers
- So there are also some examples of states directly providing funding to either utilities or developers
- The Development Fund, administered by the Department of Commerce, provides flexible gap financing through
Summary:
The committee met to review advanced nuclear energy issues in North Dakota, beginning with approval of the April 21, 2022 minutes. Nucleon presented an overview of the advanced reactor landscape, distinguishing light-water SMRs, advanced Gen 4 reactors, and microreactors. The presentation emphasized that light-water SMRs are the most near-term deployable and use familiar low-enriched uranium fuel, while many Gen 4 designs may require high-assay low-enriched uranium (HALU), which is not yet supported by a mature U.S. supply chain. Nucleon also noted that advanced reactors are being developed primarily for industrial heat applications, while microreactors are niche, higher-cost systems for remote or mission-critical uses. Committee members asked about fuel availability, safety, recycling, and whether large reactors such as AP-1000s were evaluated; the presenter said fuel development is proceeding in parallel but remains a bottleneck, and that siting and grid capacity often make SMRs more practical than gigawatt-scale plants in North Dakota.
Representatives from the National Association of State Energy Officials described how other states are supporting advanced nuclear through task forces, roadmaps, regional coordination, grants, tax incentives, workforce and supply-chain efforts, and pilot programs. They highlighted the Advanced Nuclear First Mover Initiative and said states are focusing on multi-state coordination, demand aggregation, regulatory coordination, waste management, workforce readiness, and community engagement. They also discussed affordability tools such as construction work in progress (CWIP), financing incentives, and consumer protections, citing examples from Kentucky, Texas, Virginia, Illinois, Missouri, Utah, Tennessee, and others. In response to questions, they explained that pilot programs often involve site-readiness and feasibility studies, and that the federal Nuclear Innovation Campus process is moving forward with multiple submissions while broader waste and recycling policy may require congressional action.
The Public Service Commission said it would likely have a major role in any North Dakota nuclear project through certificate-of-public-convenience-and-necessity review, siting, and rate regulation, but noted gaps in current law for small reactors, co-located facilities, NRC coordination, and long-term site stewardship. The commissioner said the commission has no authority over a private, self-contained reactor not connected to the grid. The Department of Environmental Quality explained that the state regulates radioactive materials under its agreement-state authority, but NRC retains primacy over fission reactors; DEQ would likely assist with emergency planning and could have a larger role if fusion reactors emerge. The Department of Emergency Services said it would serve as the lead off-site preparedness agency, requiring a dedicated radiological emergency preparedness program, training, drills, public outreach, and likely additional funding and staffing, with industry expected to bear much of the cost. The Department of Water Resources said North Dakota’s water laws and prior-appropriation system are adequate for nuclear siting, that the Missouri River is the best likely source, and that no statutory or budget changes are currently needed from a water perspective. The committee recessed for lunch after these agency presentations.
HI
Hawaii 2026 Regular Session
FIN-WAM Joint Info Briefing - Mon Jan 26, 2026 @ 1:00 PM HST
Hawaii House Floor Meeting
Transcript Highlights:
- fund so it can be used for its intended purpose in developing affordable housing across the state of
- So, we went from a housing development fund that had $0, and we put the property tax increase on the
- fund so it can be used for its intended purpose in developing affordable housing across the state of
- fund so it can be used for its intended purpose in developing affordable housing across the state of
- fund so it can be used for its intended purpose in developing affordable housing across the state of
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Apr 9th, 2025
Transcript Highlights:
- We're aware that the original funding for IBank to fund that line was removed as part of a general fund
- We have unallocated Funds there.
- funding from the...
- the CEC to fund those match funding programs for water project resiliency.
- Development that has to happen.
FL
Florida 2025 Regular Session
January 15, 2025 - 03:30 PM
Transcript Highlights:
- Traditionally, it was three: economic development, workforce development, and community development.
- We also manage a fund called Small Cities. It's a community development block grant fund.
- Fund to fund housing programs.
- Our Small Cities Program, one of the three purposes that can fund, is economic development, housing,
- economic development housing or just overall just community improvement and so we do fund a number of
Summary:
The Transportation and Economic Development Budget Subcommittee met to organize for the session, take roll, and hear introductory remarks from members and agency heads. Members briefly introduced themselves and their districts, with several noting transportation, economic development, emergency response, military, and hurricane recovery issues in their areas. Chair Shove then outlined the subcommittee’s jurisdiction and current-year budget, noting a total of about $20.3 billion, with most funding coming from trust funds and only a small share from general revenue. The committee also heard that upcoming meetings would include presentations from major agencies in the subcommittee’s purview.
The first agency presentation was from the Department of Military Affairs and the Florida National Guard. Major General John Haas described the Guard’s three missions—supporting national security, responding to state emergencies, and adding value to the state—and highlighted deployments for hurricanes, border security support, and ongoing support to the Department of Corrections. He emphasized that the Guard is understrength relative to Florida’s size and demand, said recruiting is strong, and identified force structure growth as the main challenge. Members asked about aircraft, funding sources, and recruiting; Haas explained the Guard’s helicopter and fixed-wing fleet, said aircraft purchases are funded through legislative appropriations, and reported strong interest in the Florida State Guard’s recruiting pipeline.
Executive Director Mark Thieme then described the Florida State Guard’s expansion into air, ground, and maritime capabilities, including Black Hawks, boats, drones, canine search-and-rescue teams, and ground support units. He said the agency supported immigration enforcement and hurricane response, and asked for continued legislative support to expand aviation, maritime, and medical capabilities. Members praised the Guard’s disaster response work and asked about aircraft, funding, and staffing. Secretary Cord Byrd of the Department of State followed, focusing on election administration, election security, the SunBiz and voter registration IT systems, arts and culture, corporations, libraries, and historical resources. He said Florida’s election system remains a national model, reported two prosecutions for non-citizen voting, and discussed modernization needs for legacy IT systems. The committee also asked about voter lookup tools, password privacy for SunBiz, and arts funding vetoes.
Secretary Alex Kelly of the Department of Commerce described the agency’s broad portfolio, including workforce, economic, community, and international commerce functions, plus housing recovery, broadband, small business support, rural infrastructure, defense-community grants, and law enforcement recruitment bonuses. He said access to capital is the biggest barrier for small businesses and noted ongoing work with CareerSource, the Department of Corrections, and other partners on workforce and reentry. Secretary Jared Perdue of the Department of Transportation then outlined FDOT’s record budget and five-year work program, emphasizing emergency response, preservation and maintenance, safety, and major investments in roads, ports, airports, transit, and spaceport infrastructure. He said the department has removed millions of cubic yards of storm debris, is ahead of schedule on the Moving Florida Forward initiative, and faces a large unfunded project backlog. Members asked about supply chain issues, project priorities, and workforce needs, and Perdue said FDOT is open to collaboration on recruitment and retention.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance May 19th, 2026
Transcript Highlights:
- The identified fund source is federal individuals with Disabilities Education Act funds or IDEA funds
- Though the identified fund source is federal Title II, Part A funds, funding is fungible with Prop 98
- A funds.
- This includes funding for a study to develop the seven-year service... ...assistance structure.
- This includes funding for a study to develop the seven-year certification process, formerly referred
Summary:
The committee heard an overview of the May Revision’s Proposition 98 changes for K-12 and community colleges. The Department of Finance said the minimum guarantee rises by $6.4 billion over the Governor’s Budget across the three-year window, with higher guarantees in each year, full payment of the prior settle-up, and larger deposits into the school rainy-day fund. The LAO said the revenue and LCFF updates were reasonable, but urged caution about the settle-up approach and recommended using more of the available funding to protect ongoing programs and build budget resilience. Members focused heavily on the size of the proposed $3.9 billion settle-up, the $10.3 billion reserve deposit, declining K-12 enrollment, and how much of the new funding should be ongoing versus one-time.
The committee then reviewed the community colleges portion of the budget. Finance described the May Revision’s higher SCFF COLA, additional funding for enrollment growth, a student support block grant, apprenticeship adjustments, and continued funding for deferred maintenance, Calbright, Common Cloud, and credit for prior learning. The Chancellor’s Office supported the core investments but asked for more funding for enrollment growth, changes to the growth formula, and a COLA for Student Equity and Achievement. The LAO recommended prioritizing the statutory COLA increase, noted that more than half of districts are already above current-year growth targets, and said the new adult learner demonstration project should be rejected because districts already have tools to support similar services. Members also discussed a $52 million current-year apportionment shortfall, which Finance said was discovered too late for the May Revision and would need to be addressed later.
Finally, the committee took up the proposed implementation of the federal Workforce Pell program. Finance proposed one-time funding for the California Student Aid Commission and Cradle to Career to build eligibility and data systems, along with trailer bill changes to set up state approval processes. CSAC said the program is promising but highly complex, that California lacks the needed infrastructure, and that the state will need emergency regulations, data linkages, and ongoing funding beyond the one-time proposal. The LAO agreed that some initial funding is needed but warned that the amounts and ongoing costs remain uncertain and that the Legislature should carefully draft the trailer bill language. Members asked about timing, other states’ actions, and how the state would ensure the program is ready for students and institutions.