Transcript Highlights:

• So, I'd like to uh February forecast.
• Strom, are forecast. Yes, ma'am. Uh, Mr.
• Um but like um November 2024 forecast.
• So that would have um February forecast.
• And again, for the February forecast.

Bills: HF2430, HF2433

Keywords: education finance, teacher training, Read Act, state aid, school funding, education funding, children with disabilities, transition aid, special education, school district consolidation, 1183, house

Transcript Highlights:

• English mentioned, the load forecast rule has already been completed.
• We received that information on April 1st, and we have completed our load forecast.
• forecast rule issued a few months ago.
• using the forecast could have major implications for infrastructure in Texas.
• The load forecast that ERCOT released recently is more than double the forecast that we were concerned

Keywords: 1184, house, all

Transcript Highlights:

• It doesn't use the forecast at all.
• So these are the Climate Prediction Center official forecasts.
• And so these are seasonal forecasts made for December, January, and February.
• For the precipitation forecast, there's a lot of agreement amongst our seasonal forecast models.
• focused on the next two weeks, and a longer climate forecast model.

Summary: The committee heard first from Deputy State Climatologist Karen Bumbacco, who reviewed the weather and snowpack conditions that contributed to Washington’s 2025 drought. She said the state had a very warm and dry water year, with April through September ranking among the warmest and driest periods on record, and that three straight years of below-normal snowpack and precipitation had compounded drought impacts, especially in the Yakima Basin. She also explained that a weak La Niña could bring a wetter-than-normal winter, though temperature forecasts were less certain, and noted that long-term climate projections point to continued snowpack decline and earlier runoff timing. Department of Ecology staff Rea Burns and Caroline Melor then described the state’s drought declaration process and response. They said Washington’s statutory drought threshold is less than 75% of normal water supply plus a hardship finding, and that Ecology extended the Yakima drought declaration in April and expanded it statewide in June. They discussed reliance on federal monitoring data and staffing at NRCS, USGS, Reclamation, and NOAA, and said federal staffing and funding instability has created concerns for snowpack and water data. They also reviewed drought response funding, noting that grants have supported projects in the Yakima and Dungeness basins and that the drought emergency account still has a balance available for current needs. Burns gave a detailed update on the Yakima Basin, saying it experienced unprecedented conditions this year, including nearly empty reservoirs, curtailment orders sent to about 1,500 water users, and the first time even the most senior 1855 surface water rights were turned off. She said widespread compliance occurred, though the process exposed areas for improvement, especially coordination with federal partners. Committee members asked about the long-term basis for climate projections, the 75% drought threshold, federal impacts, drought insurance, reservoir storage, and whether the state should consider more drought funding or new storage projects. No votes or formal actions were taken during the meeting.

Transcript Highlights:

• So $76 million below forecast.
• The next number, the remaining forecasted revenues, is just what is in that legislative forecast for
• This was a little bit more than we had assumed in the forecast, but we were below forecast by about $28
• We had been tracking very close to forecast.
• When we had our forecast advisory meeting back in February to start our look at the forecast for the

Summary: The committee began with roll call, introductions of a new fiscal analyst and a new member, and approval of the March 19 minutes. The first major presentation was from the Office of Management and Budget on the state’s general fund and special fund status through May. OMB reported general fund revenues were running below the legislative forecast by about $76 million, driven largely by weaker individual income tax and sales tax collections, though the projected ending balance remained positive and above the budgeted level. The budget stabilization fund was above its cap and would transfer excess earnings to the general fund, and the legacy fund balance continued to grow. Members also asked about federal funding uncertainty and mineral leasing revenue variability. The committee then reviewed compliance reports and trust fund analyses, followed by discussion of a bill draft for the fixed-route city transportation network study. The draft would create a $15 million general fund grant program with a formula-based distribution to eligible fixed-route transit cities, intended to support operating and capital needs and help match federal transit funds. Transit officials from Minot and Fargo testified in support, explaining local fare and match structures and the difficulty of replacing aging buses and securing federal matching dollars. Several members questioned whether the program should be limited to the current four cities or broadened to future eligible urban areas, and whether local funding sources should be explored further. The committee did not finalize the bill draft at that point and planned to continue discussion at a later meeting. The committee also approved a bill draft repealing obsolete language related to approval of a bi-state authority with South Dakota, after staff explained that no agreements had ever been implemented and the provision appeared outdated. A roll call vote was taken and the motion carried. Later, the Department of Commerce and the Northern Plains UAS Test Site presented updates on uncrewed aircraft systems initiatives, including the Vantis radar data enclave, the drone replacement program, and efforts to build a revenue model for Vantis. Test site officials said FAA approval had been secured for the radar data program, replacement of noncompliant drones was underway, and future revenue could come from state and external users once pricing and intellectual property arrangements are finalized. Members asked about Chinese-made drones, supply chain issues, automation, and how the system would manage beyond-visual-line-of-sight operations. The Department of Corrections and Rehabilitation then presented on the design of a new minimum-security prison and a reentry housing study. Officials said the proposed facility would relocate the minimum-security prison to the penitentiary campus, reduce costs from an earlier estimate, and provide more beds and programming space, with construction potentially beginning in 2027 and opening around 2031. They also described staffing needs, the planned move of women to the New England facility, and possible expansion of men’s housing there. The parole and probation chief described a reentry housing task force studying housing needs for people leaving incarceration, with a goal of developing data-driven recommendations for subsidies and support services; a representative from Protection and Advocacy closed by expressing general support for fixed-route and paratransit funding.

Transcript Highlights:

• forecasting we did here. forecasting we did here.
• > uh<01:14:01.920> slide greenhouse gas forecasting uh slide greenhouse gas forecasting uh
• , that and certainly in our forecasting, that and certainly in our forecasting, we<01:25:26.800><
• Forecasting.
• Um, I think in the forecasting document we had forecasted the natural and working lands with a little

Bills: HF3556

Keywords: community solar, energy, solar power, renewable energy, Melissa Hortman, 1183, house

Summary: The committee approved the February 26, 2026 minutes and then took up House File 3556, which would rename Minnesota’s community solar garden program the Melissa Hortman Community Solar Garden Program. The bill’s author described the measure as a tribute to Hortman’s leadership and her role in creating the program, noting its importance to Minnesota’s solar industry and the broader clean energy transition. The author moved HF 3556 to the general register, and the committee proceeded to testimony. Testifiers from the Public Utilities Commission, Department of Commerce, solar industry groups, clean energy organizations, and community solar advocates all supported the bill. They credited Hortman with authoring and advancing the 2013 legislation that created Minnesota’s community solar program and said it became a national model that expanded access to solar for renters, lower-income households, and others who could not install rooftop systems. Several witnesses highlighted the program’s growth, including more than 1 gigawatt of approved projects, strong participation by low- and moderate-income subscribers, and job creation and private investment in Minnesota. Witnesses also emphasized Hortman’s personal leadership style, describing her as prepared, persuasive, collaborative, and deeply committed to clean energy and public service. Some recounted personal interactions with her and said the name change would preserve her legacy and ensure future Minnesotans remember her impact. No vote on the bill itself was taken during the testimony shown, beyond the motion to send HF 3556 to the general register.

Transcript Highlights:

• So $76 million below forecast.
• The next number, the remaining forecasted revenues, is just what is in that legislative forecast for
• This was a little bit more than we had assumed in the forecast, but we were below forecast by about $28
• Assumed in the forecast, but we were below forecast by about $28 million in the month of April and then
• When we had our forecast advisory meeting back in February to start our look at the forecast for the

Summary: The committee first received a general fund and revenue update from the Office of Management and Budget. Staff reported that the state started the biennium about $176 million above prior estimates, but year-to-date revenues were now running below legislative forecast, mainly due to lower individual income tax and sales tax collections. The budget stabilization fund was above its cap, the legacy fund continued to grow, and oil revenues were slightly above forecast overall. Members also asked about federal funding uncertainty and mineral leasing variability, and OMB said agencies would be asked to address potential federal reductions case by case during budget preparation. The committee then reviewed compliance reports and trust fund analysis materials, followed by a bill draft for a fixed-route city transportation grant program. Testimony from transit officials in Fargo and Minot supported the proposal, saying state aid would help match federal transit funds and support operations, but members raised questions about the funding source, fare structures, and whether the program should be limited to the current four fixed-route cities or allow future eligible cities. Several members asked for more time to study the formula and possible funding options before moving the bill forward. Next, the committee approved a bill draft repealing obsolete language related to a proposed North Dakota-South Dakota bi-state authority. Staff explained the provision had been unused for about 30 years and that existing law likely already allowed joint powers agreements without the specific language. The committee voted to adopt the repeal bill draft. The Department of Commerce and the Northern Plains UAS Test Site then provided an update on uncrewed aircraft system initiatives, including the Vantis radar data enclave, the drone replacement program, and future revenue models. Officials said North Dakota had received FAA approval to operate the radar data pathfinder, had begun replacing non-compliant drones from restricted foreign sources, and was working on phased procurement and cost-recovery plans. Members asked about deadlines, funding, supply-chain issues, and how the system would be used; staff said the federal restrictions were already in effect and that Vantis was being positioned as infrastructure for future beyond-visual-line-of-sight operations. Finally, the Department of Corrections and Rehabilitation presented on the design of a new minimum-security prison and on a reentry housing task force. The new facility is planned for the penitentiary grounds, with a reduced estimated cost of about $263 million, 600 beds initially, possible expansion to 732 beds, and completion projected around 2031 if funded in 2027. The reentry housing task force described a data-driven effort to identify housing needs for people leaving incarceration, with the goal of reducing homelessness and recidivism through targeted housing support and possible subsidies. Members asked about staffing, site selection, housing duration, and whether employment and transportation needs would be included in the assessment.

Transcript Highlights:

• And just knowing that we have a DE coming to make the February forecast adjustments.
• Governor had to recast a number of his proposals over the February 2025 Forecast when that came out.
• Now, this was, again, just re-costed and re-evaluated for the February 2025 forecast, so the overall
• In light of the February forecast, additional adjustments are necessary.
• I'll just cover the bottom portion just to lay the context in the 2025 February forecasts.

Bills: HF2430, HF2433

Keywords: education finance, teacher training, Read Act, state aid, school funding, education funding, children with disabilities, transition aid, special education, school district consolidation

Transcript Highlights:

• There's also forecast growth in health and human services.
• higher than the forecasted growth for revenue.
• growth is higher than the the forecasted growth is higher than the forecasted<00:13:18.800> growth
• <00:13:20.079> Are<00:13:20.320> you forecasted growth for revenue.
• Are you forecasted growth for revenue.

Keywords: 919, house, all

Summary: House Democratic leaders and House Republican leaders announced a compromise set of budget targets reached Friday night, describing it as a numbers-only deal that leaves policy issues aside. They said the targets are the first step in the budget process: House committee chairs will write bills to fit the targets, those bills will go to Ways and Means, and later leaders will negotiate global targets with the governor and Senate. Leaders emphasized that the agreement reflects compromise rather than either party’s ideal budget, and that they will continue talks with Governor Walz and the Senate over the next several weeks. The speakers highlighted what was not included in the deal, saying it does not target paid family and medical leave, earned sick and safe time, reproductive rights, or universal school meals. They said the House priorities that did make it in include housing, education, pensions, public safety, and transportation. On education, they said the compromise provides $40 million in new money in the first biennium for the READ Act and no cuts in either biennium, contrasting that with larger cuts in the governor’s and Senate proposals. They also said schools could still choose to fund unemployment insurance for school workers from existing resources, though it was not earmarked in the targets. Leaders said the agreement leaves room for committee chairs to make choices within the targets, including in health and human services, where they described the target as a reduction in projected growth rather than a cut to existing appropriations. They said the budget plan sets aside discretionary inflation adjustments in the first biennium while preserving inflation indexing for items like the K-12 formula. They also said the deal improves the state’s long-term balance, with a projected $1.6 billion balance in the first biennium and a $1.3 billion deficit in the second, and that the House’s numbers do not include the same revenue assumptions as the governor’s and Senate’s plans. In questions, leaders said conference committees will require majority support from both House and Senate conferees, and that the House will send equal numbers of Democratic and Republican conferees. They said the bonding bill size is still under discussion, but the adopted numbers would allow for roughly a $700 million general obligation bill. They also said large state spending for professional sports facilities is likely over, and explained that the press conference was held without Republican leaders for logistical reasons after the deal was reached late Friday.

Transcript Highlights:

• But we had $1.1 billion in targeted reductions from the forecast over the next four years to deal with
• And so they're going to be more in the forecasted piece with that, and we'll be coming up.
• was in our forecasted areas and it<00:13:12.639> was<00:13:12.800> in<00:13:13.200>
• or forecastable. if that's a<00:13:33.279> word<00:13:33.760> uh<00:13:33.920> for<
• And that forecast that came through also showed us some really hard truths that it's become clear to

Keywords: 1183, house

Transcript Highlights:

• And so when you look back in these estimates to think about forecasting inflation going forward, you
• In addition to the traffic data itself, we also had a sub-consultant develop independent forecasts of
• This slide is showing an overview of annual traffic forecast for all four scenarios.
• I'm going to pick it up here where Liz left off forecasting the gross toll revenue potential.
• TriMet is well known to be very, very wrong on their forecasts.

Keywords: 904, all

Transcript Highlights:

• BEFORE WE START HAVING A PERIOD OF MORE MODEST GROWTH AND FINALLY IN THE LONG TERM FORECAST GET BACK
• SO ALL THAT POWERED WHAT WE DID IN THE GENERAL REVENUE FORECAST.
• BUT NONE OF THESE ARE WHAT WE DID, NONE OF THAT IS GOING TO MATERIALLY CHANGE THE OVERALL FORECAST THAT
• A COUPLE THINGS HAVE HAPPENED, EVEN THOUGH OUR FORECAST REALLY DIDN'T CHANGE MATERIALLY, THAT ISN'T THE
• SO THE BOTTOM LINE IS WE CONTINUE TO SEE A REVENUE FORECAST THAT WILL NOT SUPPORT THE SPENDING AT ITS

Keywords: 999, senate, all

Transcript Highlights:

• February debt capacity forecast February debt capacity forecast including<01:20:52.120> an
• the forecast the forecast Horizon<01:21:44.639> although<01:21:44.920> the<01:21:45.080
• <01:24:06.360> the February debt capacity forecast the February debt capacity forecast the
• state and budget an economic forecast state and budget an economic forecast every<01:26:50.080><
• <01:29:47.080> if reduction from the November forecast if reduction from the November forecast

Keywords: 1183, house

Transcript Highlights:

• Utilize the load forecast etc.
• First, the solution for poor load forecasting.
• Number one, we're shooting for transparency and credibility to the load forecast.
• Chairman. the forecast that in 2029, we'll need 150. I mean, obviously, there's going to be growth.
• The forecasting that we do now, and we're trying to tighten up things so we can do better forecasting

Bills: SB 6, SB6, SB504, SB765, SB815, SB929

Keywords: hemp, consumable hemp, hemp-derived cannabinoids, CBD, cannabidiol, CBG, cannabigerol, delta-8, delta-9, intoxicating hemp, hemp gummies, hemp vape, edibles, cannabinoid regulation, hemp licensing, retailer registration, product registration, QR code labeling, child-resistant packaging, minor access

Transcript Highlights:

• <00:04:46.479> that totals from the February forecast that totals from the February forecast
• So the agencies in the higher forecast.
• from the February forecast from the February forecast base.<01:01:33.920> The<01:01:34.400
• ,<01:03:18.960> which<01:03:19.200> are February forecast, which are February forecast
• funding uh under the February forecast funding uh under the February forecast would<01:15:56.640

Keywords: 1187, senate, all

Transcript Highlights:

• then based on the November forecast then based on the November forecast we'll<00:20:00.000> make
• This is from the November forecast.
• Based on the February of 2025 forecast.
• <01:21:27.040> that increased in this last forecast that increased in this last forecast that
• So they're expending as you forecast.

Keywords: 1183, house

Transcript Highlights:

• This is the forecast adjustment from the February forecast. And again, members, any questions?
• they align with the February forecast they align with the February forecast and<00:09:22.480>
• are um changes in the forecasted are um changes in the forecasted programs<00:09:27.760> due<
• So as I mentioned at the top, there obviously is from the November forecast and the February forecast
• obviously is from the November forecast obviously is from the November forecast and<00:18:17.919

Keywords: 1187, senate, all

Transcript Highlights:

• The CEC's primary responsibility with respect to reliability is load forecasting so that we're ready
• So the CEC's demand forecast is developed in collaboration.
• So picking up from Vice Chair Gunda's description of the demand forecast, I'm going to talk about how
• So the demand forecast informs both the longer-term integrated resource planning proceeding, which is
• The first is this, you know, the forecast that shows the precipitous growth... ...you know, the forecast

Summary: The committee first heard AB 1026 by Assembly Member Wilson, which would require investor-owned utilities to provide clearer front-end information and follow more consistent timelines for post-entitlement energization applications tied to housing projects. The author and supporters from the Housing Action Coalition and Mission Housing said utility delays can hold up approved housing, add costs, and create uncertainty, and they argued the bill would align utility processes with recent state efforts to streamline local permitting. PG&E and Southern California Edison opposed the bill, saying existing CPUC timelines and the ongoing energization rulemaking already address the issue, that the bill could be duplicative or premature, and that some proposed timelines were too short. The committee discussed the bill’s relationship to the CPUC’s September 2024 decision, and AB 1026 was ultimately approved on a 15-0 vote, with the consent calendar also passing. The second half of the hearing was the committee’s annual oversight hearing on electric reliability. Representatives from the CPUC, CEC, CAISO, and DWR reviewed lessons from the 2020 and 2022 heat emergencies, emphasizing that California has since added significant resources, improved planning, and created backstop programs such as the strategic reliability reserve. They said the summer 2025 outlook is cautiously optimistic, with no expected shortfalls under traditional planning conditions and a projected surplus, though wildfire and extreme heat remain risks. The agencies also described major changes in planning and operations, including more battery storage, updated resource adequacy rules, expanded transmission planning, and reforms to the interconnection queue. Members asked about data center load, Diablo Canyon’s future, the strategic reliability reserve, demand response, wildfire mitigation costs, affordability, and regional market expansion. Witnesses said data center demand is a major variable but can be managed through better forecasting, flexible service arrangements, and siting in areas with existing capacity; they also said firm clean resources remain valuable while planning continues around Diablo Canyon’s scheduled retirement. On affordability, they said the agencies try to balance reliability with least-cost procurement, and that new resources can lower market prices even as they require upfront investment. CAISO also highlighted the value of the Western Energy Imbalance Market and the planned day-ahead market, saying regional coordination improves both reliability and cost savings.

Transcript Highlights:

• Today, those same forecasted revenues are now $647 million.
• Today, those same forecasted revenues are now $647 million.
• Well, after the June revenue forecast, which dropped significantly from the March forecast, we went to
• Well, after the June revenue forecast, which dropped significantly from the March forecast, we went to
• As I said, we have six more revenue forecasts this biennium.

Summary: The committee first heard updates on the Model Toxics Control Act (MTCA) and related funding. Department of Ecology staff explained how MTCA and the hazardous substance tax support cleanup, prevention, stormwater, and local assistance programs, but said forecasted revenues have declined while appropriations and transfers have outpaced incoming funds. Ecology said the operating account will require underspending to stay balanced this biennium and that the problem is ongoing, with further reductions possible if forecasts worsen. Ecology also reviewed the state cleanup program, noting there are more than 14,500 cleanup sites in Washington and that new sites continue to be discovered faster than they are cleaned up. A question from Representative Lee raised the long-term issue of declining fossil-fuel-based revenue, and Ecology agreed that this is a future structural concern even though the current shortfall is driven more by forecasts and transfers than by fuel-use decline. The Pollution Liability Insurance Agency described its underground storage tank and heating oil programs, saying it has modernized from a reinsurance model to a financial assurance model with stronger state oversight and cleanup milestones. Russ Olson said the agency’s dedicated petroleum tax account is in strong financial condition, but emphasized the importance of preserving that funding source. He also discussed the loan and grant program for historic commercial releases and a new heating oil loan/grant program, while noting the agency is working on equity concerns where liens can be disproportionate to property values in smaller communities. Practitioners and advocates then offered differing views on MTCA’s performance: one attorney urged a collaborative review process to make cleanups faster, less expensive, and more certain, while another consultant argued the program is too conservative and process-heavy and should focus more narrowly on actual exposure and realistic cleanup standards. Environmental and community groups countered that MTCA is essential for cleanup, pollution prevention, stormwater control, and public participation, and that it is especially important for environmental justice communities such as the Duwamish Valley. Port and city representatives stressed that MTCA grants and cleanup funding are critical for large redevelopment projects, but said long timelines, permitting delays, and funding uncertainty can slow projects and jeopardize commitments. The committee then shifted to utility wildfire risk. Staff summarized recent legislation, including requirements for utility wildfire mitigation plans, creation of a wildfire mitigation standards work group, authorization for captive insurance by local governments and PUDs, securitization authority for disaster costs, and the existing wildfire response and resilience account. Chelan County PUD and Puget Sound Energy described extensive mitigation efforts such as vegetation management, grid hardening, undergrounding, AI smoke cameras, weather stations, enhanced operating settings, public safety power shutoffs, and community outreach. Both said wildfire risk is rising and insurance costs are increasing, and Chelan PUD asked the Legislature to restore funding to the wildfire response and resilience account. The Office of the Insurance Commissioner said a 2022 utility liability market study found insurance availability is tightening as perceived risk rises, and reported that a 2025 work group recommended restoring community resilience funding, requiring insurers to share wildfire risk scores and mitigation steps with property owners, and creating a grant program based on insurance industry wildfire standards. A PNNL scientist added that wildfire probability is increasing in parts of Washington and that mitigation requires long-term, landscape-scale coordination. The final speaker began describing California’s approach to wildfire risk, but the transcript cuts off before that presentation concluded.

Transcript Highlights:

• The legislative session sort of unofficially begins once we get the February forecast.
• At the end of February, we'll get the February forecast.
• um at the end of February forecast um at the end of February<00:14:41.759> we'll<00:14:41.920
• we'll get the February forecast February we'll get the February forecast about<00:14:43.440> two<
• number so the first seven weeks forecast number so the first seven weeks of<00:15:04.759> session

Keywords: 1183, house

Summary: House DFL leaders held a press event outlining their priorities and criticizing Republicans for what they described as illegitimate or sham proceedings in the Minnesota House. Speakers said Democrats would focus on affordability, workers, families, and protecting prior DFL accomplishments, while opposing efforts they said would roll back paid family and medical leave, clean energy, Dreamer access to higher education, reproductive rights, consumer protections, and universal school meals. Individual members highlighted issue areas for the coming session: Children and Families Chair Kaohly Her emphasized child care, food security, and support for parents and caregivers; Health Finance and Policy Chair Robert Bierman said Democrats would expand access to dental, maternal, and mental health care, lower prescription drug costs, and address hospital service cuts; Commerce co-chair K.H. Her focused on consumer protections and maintaining out-of-pocket caps on drugs like insulin, inhalers, and EpiPens; Housing co-chair Mike Howard discussed the housing shortage, rising rents, and corporate ownership of homes; and Rep. Emma Greenman framed the agenda as a push to curb corporate power and monopolies. A substantial portion of the event and Q&A centered on the House power-sharing dispute and the effort to deny quorum after the controversy over Rep. Brad Tabke. Leaders said Republicans had rejected co-chairs, equal committee membership, and co-speaker arrangements, and they argued the GOP was trying to use its temporary advantage to control the chamber and potentially force special elections. They also discussed the legal status of the House after adjournment, the lack of a legal hopper for bill filing, and the possibility of court review of whether the House is duly organized. In response to questions, DFL leaders said they were still open to negotiation and expected eventual collaboration, but maintained that Republicans had broken the power-sharing agreement. They said the February budget forecast and the governor’s budget would shape the session’s formal work, and one speaker noted that the ERA remains a caucus priority and that the DFL would continue pursuing it when the opportunity arises.

Transcript Highlights:

• , and then we have a slight increase forecasted for our draw ticket revenue.
• So what we forecasted on instant games, we fell short of that by 2.6%.
• Total revenue, we are 3.5% ahead of what we had forecasted.
• You can see down on that ahead of what we had forecasted.
• We are ahead of what we had forecasted by 9.5%.

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.