Video & Transcript Research : 'nonreverting balance'
Page 15 of 500
CA
California 2025-2026 Regular Session
Senate Floor Session Jun 15th, 2026
California Senate Floor Meeting
Transcript Highlights:
- It's balanced and...
- The interest alone on the bill, not to speak of paying off the balance that we owe.
- Working people cannot be asked time and time again to carry the burden of balancing this budget.
- Working people cannot be asked time and time again to carry the burden of balancing this budget.
- This budget is balanced for two years. Thanks.
TX
Transcript Highlights:
- Projected ending balance in this BRE has a different makeup.
- , this page simply shows the ESF balances in fiscal year 22.
- Estimated balances from fiscal years 25 through 27.
- I am on the Economic Stabilization Fund Ending Balance. The ESF ending balance and the cap.
- It's a very large amount of fund balance. Right. And so.
NH
New Hampshire 2026 Regular Session
House Labor, Industrial and Rehabilitative Services (01/29/2026)
Labor, Industrial and Rehabilitative Services
Transcript Highlights:
- So, if you're looking at a change of the 1% fund balance reduction versus a 0.5% fund balance reduction
- </c> um as a result of the fund balance um as a result of the fund balance reduction<00:04:43.520><c>
- reduction versus a 0.5% fund balance reduction versus a 0.5% fund<00:05:07.919><c> balance</c><00:05
- c> the</c><00:07:14.960><c> fourth</c> forecasted balances for the fourth forecasted balances for the
- </c> tied to trust fund balance. tied to trust fund balance.
CO
Colorado 2026 Regular Session
Colorado House 2026 Legislative Day 086 Part 1fix Apr 10th, 2026
Colorado House Floor Meeting
Transcript Highlights:
- Not balanced, it's a goofy thing. It's a shell game that we have not balanced this budget.
- </c><01:19:59.679><c> the</c> They want us to start balancing the They want us to start balancing the
- </c> um in order so so that we may balance um in order so so that we may balance our<02:05:04.719><c>
- </c> Freeing over $300 million to balance Freeing over $300 million to balance this<02:35:42.800><c>
- ><c> statutory</c><02:41:46.800><c> and</c> budget balancing over statutory and budget balancing over
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee Jun 24th, 2026
Utilities and Energy
AR
Arkansas 2026 1st Special Session
LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES Jun 4th, 2026
LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES
Transcript Highlights:
- However, only $178 was paid in 2024 to reduce the balance owed to the street fund.
- Schedule 1 of this report shows a general fund balance of $653.
- Schedule 1 of this report shows a general fund balance of $653.
- Now we have it down to a remaining balance of $6,000.
- You have a deficit balance, or had a deficit balance of $51,632. Has that changed appreciably?”
Summary:
The committee approved the prior minutes and then received a series of audit and compliance updates. Staff reported on delinquent private water and sewer reports, delinquent 2013-2023 water reports, and several municipal accounting code noncompliance cases. Denning and Gum Springs were recommended to be removed from the 60-day clock after staff visits showed improved records, while Fargo, Lead Hill, Almy, Jericho, Haynes, Biggers, Gilmore, and Holly Grove were discussed for repeat findings involving missing audits, poor bookkeeping, unpaid or misapplied street funds, deficit balances, and other accounting deficiencies. Several of these entities were given additional time or had reports filed without objection, while others were deferred for later review.
Fargo’s mayor said the town had been understaffed and was working to improve its accounting systems; the committee voted to defer the matter to the August meeting. Lead Hill’s mayor described efforts to complete overdue water audits and improve office procedures, and the committee also postponed action for 60 days. Almy’s mayor and recorder-treasurer were present, and the committee placed the town on the 60-day clock for repeat accounting issues. Biggers and Gilmore both acknowledged long-running audit problems and said they were working with auditors and the IRS; their reports were filed. Holly Grove’s treasurer said she had only recently taken the position, and that report was filed as well.
The committee spent considerable time on the street-fund misuse cases for Jericho and Haynes. Jericho was found to have exceeded the statutory threshold tied to fines and costs, with staff noting the town had since become current on its repayment plan; the committee deferred the report to September. Haynes was also behind on its repayment plan for street funds, with staff saying the town had recently made up the shortfall and was current as of the meeting, but the committee still deferred the report to September. Members and staff also discussed how the speed-trap law is applied, whether certain fines and costs count toward the threshold, and the role of the prosecuting attorney in deciding whether to take further action.
The committee then reviewed a special report on the Pulaski County Regional Solid Waste Management District, which had six findings involving board approval of payroll and contracts, credit card documentation, vehicle and cell phone use, competitive bidding, electronic funds controls, and unusually high advertising spending. District Director Craig Douglas said the board had delegated some authority, that receipts were missing during a temporary staffing gap, and that advertising was needed to educate the public; he also defended the sale of trailers and other equipment as a way to exit the trailer business. Several members questioned the explanations and the low resale value of equipment, but the committee ultimately deferred the report to September. The meeting also included a recognition of accounting students interning with audit staff and a final set of actions on deferred water and sewer reports: 11 were filed, seven were deferred for lack of proper responses, and a private report on Shannon Hills Water, Sewer, and Fire Department was noted as involving misappropriation by an office manager and inadequate internal controls.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Revenue Feb 12th, 2026
Joint Committee on Revenue
Transcript Highlights:
- We must balance our budgets.
- So we're trying to strike that balance.
- It strikes the right balance.
- And the answer was striking a balance, but yes.
- And the answer was striking a balance, but yes.
Bills:
H4975
MN
Minnesota 2025-2026 Regular Session
House/Senate DFL Media Availability 2/27/26
Minnesota House Floor Meeting
Transcript Highlights:
- Our stable economy and balanced budget are a reflection of Minnesota's tradition of stewardship, good
- Last year we made hard compromises to balance the budget. We did it together.
- </c> balance the budget. We did it together. balance the budget.
- So as we balance this budget, risk.
- </c><00:14:47.199><c> going</c> eye on the budgetary balance going eye on the budgetary balance going
MN
Transcript Highlights:
- Those funds carrying forward are key to ending the planning years with a positive balance.
- As a result, we're currently forecasting a $377 million positive balance in FY 28 and 29.
- the November forecast on the positive balance in FY 28 and 29. positive balance in FY 28 and 29.
- That starting balance less the structural imbalance leaves us with a projected balance of $3.7 billion
- It's what we call our structural balance.
Bills:
HF3425
MO
Missouri 2026 Regular Session
Conservation and Natural Resources Feb 23rd, 2026
Conservation and Natural Resources
Transcript Highlights:
- But this is the beginning and ending balances for that.
- there was a beginning balance.
- And yet their balance grows every year.
- Yeah, so fund balance, just like the state of Missouri has a fund balance, that fund balance is really
- Funds then return to the fund balance for future use by the commission.
Summary:
The Committee on Conservation and Natural Resources heard House Bill 2202, sponsored by Rep. Don Mayhew, which would allow active-duty military personnel, 100% disabled veterans, and youth during youth hunt seasons to receive certain hunting permits at no cost. Mayhew argued the bill would help recruit younger hunters, support military members and disabled veterans, and would not threaten conservation funding because the conservation fund has maintained substantial balances. Committee members questioned the bill’s fiscal impact, possible constitutional issues, effects on Pittman-Robertson federal reimbursements, and whether the bill duplicated existing Missouri Department of Conservation exemptions. Some members supported the concept of honoring veterans but suggested other funding mechanisms or clarifying language, and MDC said it would revise the fiscal note after misreading some figures.
Testimony on HB 2202 was mostly opposed or informational. An Army veteran testified against the bill, saying current MDC rules already provide significant exemptions for veterans, active-duty personnel, and seniors, and warning the bill could reduce revenue and federal matching funds. MDC Deputy Director Aaron Jeffreys said the department already offers numerous veteran and military exemptions and supports veteran hunts through partnerships with NGOs, but also explained the agency’s fund balance is being used for major capital projects and is expected to decline. Several members and the sponsor debated whether conservation revenues are being held in reserve unnecessarily or are needed for ongoing projects and future obligations.
The committee then heard House Bill 1734, sponsored by Rep. Colin Wellenkamp, which would create a Soil Erosion Control Fund Act to help homeowners associations finance erosion mitigation projects through assessments, state fund allocations, and matching local or grant dollars. Wellenkamp and supporters said erosion and flooding are causing major property damage, especially in water-rich and river-adjacent areas, and that the bill would give communities a practical tool to address problems that are too expensive for cities or counties to solve alone. Members from affected districts described severe flooding and erosion impacts, and the sponsor said the bill includes safeguards such as HOA nonprofit status, homeowner approval, and repayment terms to protect taxpayers.
HB 1734 drew broad support from witnesses including the Community Associations Institute, a stream restoration business, the Missouri Municipal League, the Sierra Club, the Nature Conservancy of Missouri, and a St. Charles County lobbyist. Supporters said the proposal would help stabilize land, protect homes and property values, improve habitat and water quality, and reduce long-term public costs. No witnesses testified in opposition, and the hearing on HB 1734 concluded with no further business and adjournment.
MA
Massachusetts 2025-2026 Regular Session
Senate Session May 28th, 2026
Massachusetts Senate Floor Meeting
Transcript Highlights:
- And as senators, we set forth to do that and to say, okay, how do we balance this then?
- The other line tells you the expenditures, and the third line tells you the balance forward for fiscal
- forward from 2022, and the balance available in 2024.
- This is about responsibility, balancing those responsibilities.
- And although I appreciate the cost, balancing of those responsibilities, and although I appreciate the
MN
Minnesota 2025-2026 Regular Session
Conference Committee on H.F. 2438 - Transportation Omnibus - 05/15/25
Transcript Highlights:
- I think we've brought in a fairly balanced approach.
- we're not, you know, balancing our transportation budget off of the backs of transit riders.
- </c><00:08:58.160><c> and</c> just try to be be really balanced and just try to be be really balanced
- </c> make sure that these cuts are balanced make sure that these cuts are balanced and<00:10:27.680><
- </c> and that we're not um you know balancing and that we're not um you know balancing our<00:10:30.959
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Monday, April 7, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- </c><04:12:56.160><c> The</c> back the balance of my time. The back the balance of my time.
- </c> I reserve the balance of my time. I reserve the balance of my time.
- </c> yield back the balance of my time. yield back the balance of my time.
- </c> balance of my time. Gentleman reserves. balance of my time. Gentleman reserves.
- </c> the balance of my time. the balance of my time.
WA
Washington 2025-2026 Regular Session
Legislative Democratic Leaders Media Availability Apr 27th, 2025
Transcript Highlights:
- Our operating budget was out of balance by $16 billion, and our transportation budget was out of balance
- operating and transportation budgets, I think, do walk that narrow path, and we achieved a very balanced
- approach and balanced budgets in both of those areas.
- I want to ask about the tax increases because I understand the difficulty that y'all had in balancing
- I think this year, my focus and my caucus's focus was on: we have a four-year balanced budget, and what
Summary:
House and Senate Democratic leaders held a post-sine-die press availability to describe a difficult 2025 session and the major budget and policy outcomes. They said the state faced a $16 billion operating shortfall and an $8 billion transportation gap, along with inflation, slowing revenue, federal uncertainty, and a new governor. Despite that, they said the chambers reached balanced operating and transportation budgets while trying to avoid harming vulnerable residents or overburdening working families.
The leaders highlighted several priorities they said were advanced: increased school funding, including about $1.4 billion more for special education; housing measures such as rent stabilization, parking minimum reforms, lot-splitting, and middle-housing enforcement; and public safety funding, including a $100 million one-time law-enforcement appropriation requested by Governor Ferguson. They also discussed a community reinvestment approach and said local governments would have more flexibility to fund community safety.
They acknowledged that balancing the budget required painful cuts and tradeoffs, including delays to child support pass-through payments and TANF benefits, reduced support for higher education and student aid, higher child-care copays and fewer child-care slots, closure of one prison and four reentry centers, and reductions in managed care payments. They also said the tax package included modest business tax increases, including a surcharge on some large businesses and sales tax changes for certain services, and that a wealth tax remained alive for future sessions even though it was not part of this year’s budget.
Much of the discussion focused on the new governor’s role and whether there was tension over his review of the budget and bills. Leaders said communication with the governor and his staff had improved over the session, that they expected him to carefully review the legislation, and that they were not reading anything into his absence from the press conference. They repeatedly emphasized bipartisan and bicameral collaboration, and several speakers described the session as one of the most challenging they had experienced, citing the budget gap, federal uncertainty, and recent personal losses in the Legislature.
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Committee Feb 18th, 2026
Budget and Fiscal Review
Transcript Highlights:
- So let me take these one at a time, starting with balance.
- Second, the balance. And I appreciated your question.
- aren’t balanced and they’re going to be coming to us?
- aren't balanced and they're going to be coming to us?
- Not that we haven't looked at balancing our budgets.
MA
Massachusetts 2025-2026 Regular Session
Special Joint Committee on Initiative Petitions Mar 3rd, 2026
Special Joint Committee on Initiative Petitions
Transcript Highlights:
- of. preamble here emphasizes that that needs to be balanced with the needs of personal privacy.
- , a balance for various types of information that are exempted from that disclosure.
- And so there's a balancing requirement there. There are some states where a... What is?
- A balancing requirement there.
- and balances and oversight authority.
Bills:
H5004
Keywords:
public records, public records law, transparency, open government, government accountability, legislature, general court, governor's office, executive records, legislative records, constituent communications, policy drafts, deliberative process, freedom of information, FOIA, records access, Massachusetts General Laws Chapter 66, Chapter 4, veterans services records, initiative petition
Summary:
The Special Joint Committee on Initiative Petitions held a public hearing on Initiative Petition 25-14, H 5-004, “an act to improve access to public records.” Chairs Cindy Friedman and Alice Peisch outlined the Article 48 process and explained that the committee was hearing expert testimony, then proponents, then opponents, before any public testimony. The first expert, Will Clark of the National Conference of State Legislatures, gave a general overview of public records laws across the states, emphasizing that all states have some form of open-records law but that exemptions, timelines, fees, and coverage of legislatures vary widely. He discussed legislative exemptions, legislative privilege, and court cases showing that outcomes often turn on the exact language of state constitutions, statutes, and chamber rules. Rebecca Murray, General Counsel for the Secretary of the Commonwealth, testified about Massachusetts public records administration, saying requests and appeals have risen sharply since the 2017 law update, with state agency requests increasing from 22,572 in 2017 to 47,776 in 2025 and appeals reaching a record 4,051 cases in 2025. She said the initiative would extend the law to the General Court and the Governor’s office and add exemptions for those branches, while warning that the volume and complexity of requests could require more resources.
The proponents, led by Jesse Littlewood of the Coalition for Healthy Democracy, Scotia Hila of Act on Mass, and Auditor Diana DiZoglio, argued that Massachusetts is an outlier for exempting the legislature and governor from public records law and that the proposal would create needed accountability without exposing personal constituent communications or internal deliberations. They said the measure would make records such as committee votes, final bill drafts, amendments, expenditures, attendance records, minutes, and public testimony available, while preserving exemptions for constituent services, draft legislation, internal staff communications, and policy development discussions. DiZoglio emphasized that the initiative is aimed at basic administrative and financial records, citing her own difficulty obtaining receipts, contracts, and procurement documents, and said the public should be able to see how taxpayer dollars are spent. Committee members questioned the witnesses extensively about the scope of exemptions, constituent privacy, legislative privilege, and whether the measure could reach communications with nonprofits or lobbying-type interactions; proponents responded that privacy and constituent-service exemptions were intended to remain in place, though some members pressed for clearer statutory language.
The hearing also included a contentious exchange over whether the initiative could affect legislative communications and whether the Senate had already taken a position against the measure. Some members raised concerns about separation of powers, legislative privilege, and the possibility of exposing constituent communications or internal deliberations, while proponents argued that the initiative was narrowly tailored and that any legal disputes could be resolved in court. No votes or formal actions were taken at the hearing. The committee concluded the testimony portion after hearing from the proponents and their questions, with the matter left pending for further consideration.
MA
Massachusetts 2025-2026 Regular Session
Special Joint Committee on Initiative Petitions Mar 3rd, 2026
Special Joint Committee on Initiative Petitions
Transcript Highlights:
- That being said, Rhode Island's preamble here emphasizes that the need for openness must be balanced
- so you'll see in a lot of laws and examples that we'll be providing today that there really is a balance
- And so there's a balancing requirement there.
- but distinct concepts, namely checks and balances...
- but distinct concepts, namely checks and balances and oversight authority.
Bills:
H5004
Keywords:
public records, public records law, transparency, open government, government accountability, legislature, general court, governor's office, executive records, legislative records, constituent communications, policy drafts, deliberative process, freedom of information, FOIA, records access, Massachusetts General Laws Chapter 66, Chapter 4, veterans services records, initiative petition
FL
Florida 2026 5th Special Session
Joint Legislative Auditing Committee Nov 3rd, 2025
Transcript Highlights:
- Now, we have had some factors that have contributed to our excess fund balance, most of which I think
- Now, we have had some factors that have contributed to our excess fund balance, most of which I think
- ... ...upgrades, which has led to a carryforward of balances.
- I'm looking at the excess unexpended fund balance, so I hear all the details.
- The question is, what's your current allowable balance? Recognized. Carry forward.
Summary:
The committee first took up a long-running audit finding involving the City of Daytona Beach’s unexpended building permit fund balance, which has exceeded the statutory cap for several years and was reported at $10.8 million in the latest audit. Mayor Derek Henry and city staff said the city had analyzed the fund, adopted a corrective action plan, waived more than $5.5 million in permit and inspection fees, used some excess funds for a training facility rehabilitation, and is pursuing a $9.4 million City Hall expansion that they say is allowed under a November 2024 Attorney General opinion permitting construction of a building to house the building code enforcement function. Committee members repeatedly questioned whether the city was simply trying to spend down the money, whether the proposed uses were truly lawful, why the balance kept growing despite fee waivers, and where the interest earnings were going. The mayor and deputy city manager said the city’s growth and staffing needs justified the plan, but several members expressed frustration and skepticism. A public commenter also urged accountability and raised concerns about the city’s spending plans and the size of the remaining balance.
The committee then received an Auditor General presentation on the Town of Greenville, which found 31 operational audit findings and described pervasive control failures, possible fraud, waste, and abuse. The findings included election paperwork problems that left a council seat vacant, conflicts of interest, late financial disclosure filings, related-party transactions, inadequate meeting notices and minutes, quorum and voting documentation problems, council members’ involvement in day-to-day operations, missing ethics training, budget adoption and monitoring deficiencies, inaccurate accounting records and bank reconciliations, utility billing and rate issues, grant compliance problems tied to an unfinished grocery store project, weak personnel and contracting controls, improper severance and compensation issues, late vendor payments, weak procurement and P-card controls, vehicle-use and property-control weaknesses, poor public records access, and IT access and fraud-policy gaps.
Greenville’s mayor and staff said the audit largely reflected the prior administration and that the current council and staff are taking corrective action. They said the town terminated the former manager, adopted seven new policies since the audit began, and is working with the Auditor General to improve procurement, financial controls, inventory management, grant oversight, and ethics compliance. The town attorney said he had alerted federal authorities earlier about concerns, and committee members noted that FDLE has received a criminal referral and is investigating. Several members praised the new leadership’s cooperation but also suggested the town consider consolidation or dissolution if problems persist.
MN
Transcript Highlights:
- They kind of grouped these balances into four main areas: balances that are under $1,000, balances that
- </c><00:30:03.880><c> those</c> the L the nine largest balances those the L the nine largest balances
- into four main are areas balances into four main are areas balances<00:31:29.320><c> that</c><00:31:
- 29.399><c> are</c><00:31:29.559><c> under</c> balances that are under balances that are under $1,000<
- </c><00:43:06.520><c> cleaned</c> account balance cleaned account balance cleaned up<00:43:09.000><c>
FL
Florida 2026 5th Special Session
Rules Apr 28th, 2026
Transcript Highlights:
- So the actual populations of the districts might be more balanced now than before.
- So that's simply just part of the balancing of all of the standards.
- But, Jason, trying to convince my mom to move down here so we can balance it out.
- So in that respect, they are balanced completely to the 2020 census data.
- There was no way to actually balance all of that.
Summary:
The Committee on Rules met with a quorum present and took up a presentation from the Governor’s office on proposed congressional reapportionment. Executive Office of the Governor counsel Mo Jazeel argued that mid-cycle congressional redistricting is legally permissible, that race should not be used in drawing districts, and that the Florida Fair Districts provisions are inconsistent with federal equal protection principles and, in the executive branch’s view, are inseverable. Jason Parada then presented the proposed map, explaining that it was drawn using 2020 census block data, with county growth estimates used only as a guide, and that the plan was designed to be race-neutral while also considering compactness, county and municipal boundaries, and other traditional redistricting criteria. He said the map keeps 48 counties and 382 municipalities whole, has compactness scores comparable to the current map, and makes the largest changes in South Florida, with some districts remaining unchanged and others reconfigured around population shifts and geographic boundaries.
Members questioned both presenters extensively about the legal basis for disregarding the Fair Districts Amendment, the use of partisan data, the absence of racial analysis, and whether the map truly reflects population growth. Jazeel said the executive branch’s position is that race-based provisions in the state constitution cannot be used if they conflict with the U.S. Constitution, and that the forthcoming U.S. Supreme Court decision in Louisiana v. Calais could further clarify the law. Parada said he did not use race in drawing the map, did use partisan information as one of several traditional criteria, and relied on 2020 census data for population equality. Senators also pressed him on who reviewed the map, why the public and legislators had limited time to review it, and whether the plan was intended to favor Republicans; Parada denied partisan intent and said he was the only person who moved lines on the map, though he consulted with other Executive Office of the Governor staff and counsel.
Several senators raised concerns that the map did not clearly reflect Florida’s recent population growth, that some districts remained highly irregular, and that the plan appeared to be based on a legal theory contingent on future court rulings. The presenters responded that congressional districts must be equal to the person, that growth estimates can only guide orientation rather than replace census data, and that the map was designed to preserve as much of the existing structure as possible while making the largest adjustments in South Florida. No vote or final action on the map was taken during the excerpted portion of the meeting, and the committee continued with questions and discussion.