Video & Transcript : 'DFPS budget' :
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CA
California 2025-2026 Regular Session
Assembly Joint Hearing Assembly Public Employment and Retirement And Senate Labor, Public Employment And Retirement Mar 4th, 2026
Transcript Highlights:
- we're facing here in California as we are dealing with national and federal implications around our budget
- And so this conversation today is as much about our state budget and how we have to make sure that we
- In terms of consequences for the budget, when the investment return assumptions are not realized, we
- get an increase in the unfunded liabilities, the contribution rates would increase, budget flexibility
- Fiscal stress increases for both the employers and the legislature in terms of the budget process.
Summary:
The Assembly Committee on Public Employment and Retirement and the Senate Committee on Labor, Public Employment, and Retirement held a joint hearing required by law to receive an independent report from the California Actuarial Advisory Panel on CalPERS. Opening remarks emphasized CalPERS’ role in providing retirement security for roughly two million members and the importance of actuarial assumptions to state budgeting and long-term pension health. Scott Tarando, CalPERS chief actuary and a CAP member, presented the report with Michael Cohen of CalPERS’ investment office available for questions.
Tarando explained the statutory disclosure requirements under Government Code Section 2029, including sensitivity analysis around CalPERS’ 6.8% discount rate, and discussed how investment return assumptions and the 20-year amortization period affect contribution rates, unfunded liabilities, and budget volatility. He said shorter amortization periods would raise near-term costs but reduce long-term interest costs, and noted that CalPERS’ current approach is intended to smooth contribution changes over time. He also described the timing of the annual valuation process, explaining that contribution rates for a given fiscal year are based on the most recently audited year-end data and are approved by the board before being used in the budget process.
Members asked about the relationship between average employee service life and amortization, whether more current data could be used, the effect of AI and labor-market changes on future assumptions, whether retirees’ benefits change with annual valuations, and CalPERS’ funded status. Tarando said the average expected working lifetime is about 11 to 12 years, while CalPERS uses a 20-year amortization period; he also said retiree benefits are set at retirement and do not change based on later valuations. He estimated CalPERS’ funded status had risen from the mid-60% range about 10 years ago to around 79% at June 30 and above 80% more recently. Cohen said CalPERS had complied with federal information requests and that no formal federal review had been released. During public comment, a county association representative praised the improved funded status and PEPRA reforms. The chairs closed by reiterating fiduciary responsibility and the need to protect CalPERS’ long-term stability, and the meeting adjourned.
TX
Transcript Highlights:
- We're talking about any, even if we're going to have a budget and we're going to keep the tax rate the
- But this is a notification bill that gets everybody a note that there's a budget hearing underway.
- They're usually done by July 1st with all of their budgeting and everything.
- They've got to get that budget done effectively Senator Bettencourt: by July 1st.
- Ross and David are being budget nerds. Yeah, they are, they're nerdier than I am.
Keywords:
property tax, school funding, enrollment changes, inflation adjustment, tax rate notice, property tax exemption, ad valorem tax, Texas Tax Code, nonprofit corporation, charitable organization, educational nonprofit, scientific nonprofit, agriculture support, youth programs, community education, county population threshold, large county, local government revenue, leasehold interest, possessory interest
HI
Hawaii 2025 Regular Session
HED/HRE Joint Info Briefing - Wed Nov 12, 2025 @ 1:30 PM HST
Hawaii House Floor Meeting
Transcript Highlights:
- </c><01:12:39.520><c> I</c> budget. That's way above my pay scale. I budget.
- . >> What's that budget?
- > budgeted for that in our in the budget budgeted for that in our in the budget that<01:18:03.120><c>
- From your budget? from? From your budget? >> I<01:18:54.960><c> Yeah.
- </c> budget so I can do things differently? budget so I can do things differently?
Summary:
The joint House-Senate higher education briefing focused on how the University of Hawaii athletics department plans to remain competitive in the NIL era, especially as the House settlement and related changes allow new forms of athlete compensation. Chair and Senator Kim opened by framing the issue as balancing competitiveness, sustainability, compliance, and UH’s educational mission. Coaches Laura Beeman and Timmy Chang described how NIL and the transfer portal are already affecting recruiting and retention, with Beeman saying women’s basketball has lost six to 10 recruits because UH cannot yet match offers, and Chang citing examples of players being courted with large sums and the need to retain proven local and out-of-state athletes. Both emphasized that student-athletes should still prioritize education, culture, and team values, while also receiving support that helps them stay at UH.
Athletic Director Matt Elliott then outlined UH’s broader strategy. He said the department’s vision is to create an outstanding student-athlete experience, recruit and retain elite athletes, compete at the highest level of the Mountain West, and strengthen the bond with the community. He described NIL as having moved from a largely unregulated period to a new phase in which institutions can directly control some NIL payments, while outside deals still must be reviewed for fair market value. Elliott said UH wants to use NIL to help athletes cover basic needs and build financial stability, while also keeping them academically on track. He noted the department is pursuing fundraising, including a “Boost the Bose” account, corporate sponsorships, and licensing deals, to support NIL opportunities.
In response to questions from Senator Kim, Elliott clarified that UH’s approach involves both institution-controlled payments and outside NIL deals: internal payments can be structured at the department’s discretion within the cap, while external sponsor deals must go through NIL Go and meet market-value standards. No votes or formal actions were taken during the informational briefing.
HI
Transcript Highlights:
- We're requesting, and you'll see it in our budget requests, a second tranche of funding in this budget
- We're requesting, and you'll see it in our budget requests, a second tranche of funding in this budget
- </c> for you'll see within our budget for you'll see within our budget requests<00:10:23.360><c> um</
- So the budget, the $1.6 million, is a contract-out budget for services, or what?
- budget question bud sorry budget budget question bud question<01:47:54.320><c> on</c><01:47:54.520><c
Summary:
The joint Ways and Means and Government Operations committees received a biennium budget preview from Keith Regan, Comptroller and Director of the Department of Accounting and General Services (DAGS), who introduced department leadership and described DAGS’ broad responsibilities across accounting, public works, procurement, elections, archives, risk management, and other attached agencies. He emphasized that DAGS supports nearly every state department and cited ongoing workforce challenges, while noting progress in reducing the department-wide vacancy rate from 21% in 2023 to 17.7% in 2024. He also highlighted recruitment efforts, including new salary schedules for engineers and architects, job fairs, internships, and outreach to retiring federal employees.
A major focus was modernization of the state’s aging financial systems, especially the 55-year-old FAMIS platform and the Enterprise Financial System (EFS) project. DAGS said it expects to release the RFP for the FAMIS replacement by the end of January and is seeking a second tranche of CIP funding, including $35 million, plus position augmentation and creation of a Business Transformation Office to manage EFS and future modernization work. The department also described major capital projects such as the Aloha Stadium Entertainment District, Wahiawā Civic Center, Kauaʻi Civic Center, and Ahuimanu Community Correctional Center, and reported that Public Works is managing 455 projects statewide valued at more than $2.5 billion.
Other budget requests discussed included funding for cemetery operations, with DAGS asking for two positions and $1 million in operating funds to support maintenance of eight cemeteries; a $200 million ceiling increase tied to anticipated insurance proceeds for West Maui fire-related recovery and rebuilding; and several staffing and operating items for district offices and facilities. These included full-year funding for positions in West Hawaiʻi and East Hawaiʻi, support for a small business coordinator at the State Procurement Office, funding for cloud hosting and PeopleSoft licensing, six positions and staff augmentation for the EFS project, electricity costs, and security-related funding. DAGS also noted that two requested reductions totaled $7.9 million, including transferring the security contract to the Department of Law Enforcement and reducing nonrecurring expenses; members discussed whether some security funding should remain with or be moved to DLE, and DAGS said it would not object to that transfer. No votes were taken in the portion provided.
CA
California 2025-2026 Regular Session
Joint Hearing Health and Select Committee on Native American Affairs May 12th, 2026
Transcript Highlights:
- It was passed during a time of extraordinary budget surplus, and it was a fee bill, and nobody thought
- it was possible, because why would we pass a fee bill when we had this huge budget?
- From the outside, it appears there have been critical errors in prioritization, governance, budgeting
- From the outside, it appears there have been critical errors in prioritization, governance, budgeting
- The remaining portion is part of a broader fiscal year 2026-27 Governor's budget proposal.
CA
California 2025-2026 Regular Session
Joint Hearing Health and Select Committee on Native American Affairs May 12th, 2026
Transcript Highlights:
- It was passed during a time of extraordinary budget surplus, and it was a fee bill, and nobody thought
- it was possible, because why would we pass a fee bill when we had this huge budget?
- From the outside, it appears there have been critical errors in prioritization, governance, budgeting
- The remaining portion is part of a broader fiscal year 2026-27 Governor's budget proposal.
- Thanks to the budget bill, again, passed to support the 988 vision.
Summary:
The joint Assembly Health and Select Committee on Native American Affairs held an oversight hearing on AB 988, California’s 988 crisis line and mobile crisis response system, followed by a discussion of suicide prevention and intervention in California Indian communities. Members and witnesses repeatedly emphasized that AB 988 was intended to create a true alternative to 911 for behavioral health crises, with “someone to call, someone to come, and somewhere to go,” and that Native communities continue to face disproportionately high suicide rates and barriers to culturally responsive care.
The first panel of call center and stakeholder witnesses largely argued that implementation is falling short of the law’s intent. They said 988 call centers are underfunded, text/chat answer rates remain far below call answer rates, staffing is strained, and the system still lacks meaningful statewide interoperability between 988 and 911. Several witnesses said mobile crisis teams are not being dispatched through 988 as envisioned, and that funding formulas and governance are too opaque. San Joaquin County was presented as a local success story, with integrated 988, access lines, and mobile crisis handoffs that have reduced reliance on emergency departments and involuntary holds. Witnesses also discussed the need for better tribal outreach, the role of CCBHCs, and the importance of culturally competent services.
State officials from CalHHS and DHCS described the five-year 988 implementation plan, the current governance structure across multiple agencies, and efforts to support training, public awareness, and referral tools. They reported growth in 988 contacts, ongoing training with the Trevor Project, a statewide resource directory, and a tribal awareness campaign. DHCS also outlined proposed trailer bill language that would create a formal designation process for 988 centers, set statewide standards, and require existing centers to obtain designation by 2029. Officials said current funding includes SAMHSA grants, block grant dollars, and an expected $67.3 million from the 988 fund in the next budget year, with a large share earmarked for Medi-Cal mobile crisis services. No formal vote or committee action was taken in the portion of the hearing provided.
FL
Florida 2025 Regular Session
Appropriations Conference Committee/Budget Jun 9th, 2025
Transcript Highlights:
- I AM PLEASED TO ANNOUNCE THE SENATE ACCEPTS THE HOUSE OFFER ON CRIMINAL AND CIVIL JUSTICE JUSTICE BUDGET
- ACCEPTS THE SENATES OFFER ON TRANSPORTATION TOURISM AND ECONOMIC DEVELOPMENT INFRASTRUCTURE AND TOURISM BUDGET
- SEEING NONE REPRESENTATIVE McCLURE THE SENATE HAS OFFERS ON PRE-K-12 EDUCATION BUDGETS AND PROJECTS AND
- ADMINISTERED FUNDS BUDGET I RECOGNIZE TIM ELWELL, YOU ARE RECOGNIZED TO EXPLAIN PRE-K-12 EDUCATION.
- CHAIRMAN, FOR SENATE OFFER ON THE BUDGET IN THE FEP PROJECT BUDGET SPREADSHEET INCLUDES THE INITIAL SENATE
NH
New Hampshire 2025 Regular Session
House Municipal and County Government (02/10/2025)
Municipal and County Government
Transcript Highlights:
- </c> financial situation going into a budget financial situation going into a budget cycle<00:13:09.040
- </c> probably in the budget probably in the budget So<00:15:00.040><c> based</c><00:15:00.320><c> on<
- the budgeting perspective, the previous term new money, and it just wasn't accounted for in the budget
- </c><00:15:48.319><c> the</c> towards is in the previous budget the towards is in the previous budget
- they budget for cities do their budgets they budget for Revenue<01:30:53.560><c> as</c><01:30:53.679
MN
Minnesota 2025-2026 Regular Session
Press Conference: Republican Leaders Address Tax & Affordability Concerns for Minnesotans - 04/15/26
Transcript Highlights:
- Democrats took an $18 billion budget surplus.
- </c><00:02:35.800><c> Democrats</c> let's right-size the budget.
- Democrats let's right-size the budget.
- </c><00:02:40.320><c> and</c> revenue, pinching the budgets and revenue, pinching the budgets and pockets
- What's What out of Minnesota's budget? What's What services?
Summary:
Republican senators held a Tax Day press event focused on affordability, arguing that DFL control has led to overspending, higher taxes, and reduced competitiveness in Minnesota. They criticized recent state tax increases and proposed new taxes, including taxes on social media and advertising, extending sales tax to legal and accounting services, a higher income tax tier, a statewide property tax, and a housing-related sales tax amendment. They also contrasted Minnesota policy with federal tax relief, saying Minnesotans need spending restraint, fraud reduction, and a smaller, more efficient state government instead of additional revenue measures.
Senator Dziedzic focused on transportation costs, especially high license tab fees, saying residents are overwhelmed by taxes and fees and that the state should fund roads and bridges with existing money rather than raising fees. He cited a House proposal to quintuple tab fees and said Minnesota’s vehicle ownership costs are far higher than neighboring states. Senator Kunesh focused on property taxes, saying homeownership is becoming unaffordable because of state spending and unfunded mandates passed on to local governments. He argued that Democrats’ 2023 spending drove up property taxes and warned that a proposed statewide property tax would worsen the housing crisis and hurt families, seniors, and first-time buyers.
In response to questions, the senators said their caucus is open to companion bills and some targeted tax relief measures, including conformity with federal changes such as tax treatment of tips and overtime and Section 179 business provisions. They said they support transportation investment but want it funded through existing resources and better prioritization, not new taxes or fees. They also discussed possible bonding negotiations and said they are still evaluating proposals related to HCMC and a one-time property tax rebate, which they described as insufficient compared with the need for permanent relief. No votes or formal actions were taken.
MN
Minnesota 2025-2026 Regular Session
FULL INTERVIEW: Prioritizing Infrastructure Projects | Senator Sandy Pappas Mar 27th, 2026
Minnesota Senate Floor Meeting
Transcript Highlights:
- and prepare a bonding, a borrowing budget for infrastructure.
- The first year is when we set the two-year budget, and then the second year is when we do the bonding
- So it was kind of spent, and it was as if it was paid for before we even saw the budget.
- for that. before we even saw the budget.
- Um uh but before we even saw the budget.
NM
Transcript Highlights:
- Now we hired the superintendent function as book balancers on the budget.
- My guess is LFC would present an education budget and LESC would present an education budget.
- My guess is LFC would present an education budget and LESC would present an education budget.
- , would pass out of the House first. that is now which was the education budget would pass out of the
- And so educators have had less of a, of an influence on the education budget until it gets all the way
Keywords:
wildlife commission, removal procedures, malfeasance, appointed officials, governance, education reform, public education, state board of education, superintendent, chartering authority, constitutional amendment, policy setting, insects, insect workshop, insect identification, ecology, monitoring, management, pollinators, pollination
FL
Transcript Highlights:
- Property appraisers submit their budgets to the Department of Revenue for review and approval, along
- So the budget is submitted to the Department of Revenue.
- The Department of Revenue does its analysis as to that budget.
- If the county disagrees with the budget, there's an appeal process to the Administration Commission,
- Budget is... Budget is a big piece in order to fund the resources that we have.
Summary:
The Committee on Finance and Tax met with a quorum present and heard a presentation from the Property Appraisers Association of Florida on ad valorem valuation, exemptions, and the property tax process. Lauren Levy reviewed the legal and historical framework of Florida property taxation, including Save Our Homes, the 10% cap on non-homestead assessments, portability, tangible personal property exemptions, TRIM notices, and the distinction between taxable value and millage rates. He emphasized that property appraisers are independent constitutional officers who assess just value, administer exemptions, and are overseen by the Department of Revenue, with values and exemptions generally determined as of January 1 and subject to challenge through the Value Adjustment Board or circuit court.
Mike Twitty described the mass appraisal process in Pinellas County, explaining how property appraisers value large numbers of parcels using the same core approaches as fee appraisals but with statistical testing, field reviews, aerial imagery, and technology. He discussed the importance of budget, staffing, and the January 1 valuation date, and noted that recent hurricanes caused significant damage, increased petitions, and required new procedures to help property owners with value reductions and FEMA-related issues. Paul Polk focused on Department of Revenue oversight, explaining sales ratio studies, uniformity measures such as COD and PRD, time adjustments, sales qualification reviews, and in-depth studies that can lead to corrective action if assessment standards are not met. He also noted that the Department reviews property appraiser budgets to preserve independence from county pressure.
Senators asked about the supersized homestead concept, DOR review and rejection standards, value trends, and the impact of storms and new construction on taxable value. Twitty and Polk said value growth has been driven by a mix of new construction, market appreciation, cap resets, and storm-related adjustments, while noting that some counties saw market value decline even as taxable value rose. They also said some property tax relief proposals would be easier to implement than others depending on how local tax bills are structured, especially where law enforcement millage is separately identified. No votes were taken on legislation, and the committee adjourned after the presentation.
MO
Missouri 2026 Regular Session
Higher Education and Workforce Development Mar 31st, 2026
Higher Education and Workforce Development
Transcript Highlights:
- Our budget chair testified in budget.
- In the budget chair's bill, they essentially put the two-year...
- Representative Allen: In a couple of future years, in some of the most critical budget planning this
- Would we ever say, we promise not to cut your budget until '29? We'd never do that.
- There's still— There's still a budget year between now and then. It's not clear enough to me.
FL
Florida 2026 Regular Session
Children, Families, and Elder Affairs Feb 3rd, 2026
Children, Families, and Elder Affairs
Transcript Highlights:
- This bill gives our children a real chance to succeed while having no fiscal impact on the state budget
- I did this by saving up my allowance for specific items I wanted or budgeting for a specific activity
- This bill helps by providing a consistent allowance to ensure that we can learn to budget as a teenager
- I don't know how to budget or save.
- And I don't know how to budget or save money, because so many of us do not receive an allowance.
Keywords:
dependent children, child welfare, cash allowance, caregivers, community organizations, empowerment, foster care, out-of-home care, temporary cash assistance, eligibility, drug trafficking, human trafficking, Florida statutes
Summary:
The Committee on Children, Families, and Elder Affairs heard and advanced four bills. CS/SB 1690, on early childhood education, was amended with a delete-all amendment that required public posting of child care inspection reports and data on child deaths, injuries, and substantiated abuse; changed certain notice and insurance provisions for family and large family child care homes; created the Florida Endowment for Early Learning; and made related definitional changes. The amendment was adopted and the committee reported the bill favorably. SB 1022, on children’s initiatives, would add two new Florida Children’s Initiatives in Bay County and Pompano in Broward County; the sponsor described the program as a community-based service network model, and the bill was reported favorably without opposition.
SB 996, on dependent children, would require DCF and community-based care lead agencies to coordinate and regularly meet with organizations focused on people with lived experience in the child welfare system, and to publish how suggestions are implemented. Several young adults with foster care experience testified in support, emphasizing the importance of youth voice, normalcy, and teaching financial responsibility through allowance. The bill was reported favorably after supportive debate.
The committee also considered CS/SB 1462, on temporary cash assistance eligibility, after adopting an amendment that narrowed a SNAP eligibility carve-out to people who were victims of human trafficking at the time of a drug conviction. The sponsor said the bill was intended to remove barriers to reunification and redemption. After supportive testimony and no opposition, the committee reported the bill favorably. The meeting then adjourned.
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 20th, 2026
House Appropriations & Finance
Transcript Highlights:
- How did he how do you know to budget that? Oh, Mr. uh, Mr. Chairman?
- Last year's budget was 14.1 million. Can you explain why there is a discrepancy?
- So why is the Senate budget higher than the House budget, Mr. Chair? Mr.
- So the clerks present the budget.
- This morning, the House Chief Clerk presented the budget in the Printing and Supplies Committee, and
Bills:
HB1
MN
Minnesota 2025-2026 Regular Session
House Floor Session - part 2 / Joint Convention of the House and Senate / State of the State Address Apr 23rd, 2025
Minnesota House Floor Meeting
Transcript Highlights:
- All the rest of us, our costs will go up and state budget will be torn to pieces.
- For the economists in the crowd, my budget will be balanced for years to come.
- Exactly what this budget will deliver.
- Look, we're not the only ones that are undergoing scrutiny and looking at our budgets.
- This budget was not written to please everyone. It was written to bring everyone to the table.
HI
Hawaii 2026 Regular Session
WAM, WAM-EDT, WAM-WLA, WAM, WAM Public Hearings 03-05-2026
Transcript Highlights:
- But the state could find that amount through different budget reforms without cutting vital services.
- But the state could find that amount through different budget reforms without cutting vital services.
- again without cutting any sort of budget again without cutting any sort of essential<00:16:49.519><c
- </c><00:20:42.640><c> If</c> use the money uh federal budget cut.
- If use the money uh federal budget cut.
Summary:
The committees took up several measures, with most action focused on SB 3125 relating to income tax changes. The chair explained a proposed SD1 that would preserve standard deduction increases and keep tax relief for working- and middle-class households while removing future bracket adjustments for higher-income filers. The Department of Taxation estimated roughly a $122 million gain from the bracket changes, about a $600 million loss from extending certain credits, and about $145 million in claimed credits under the repeal provisions, for a rough net gain of about $250 million. Testimony was mixed: the Governor’s office and DOTAX supported the intent with technical corrections; the Hawaii State Energy Office and several advocates supported the revenue approach; while Grassroots Institute and others opposed rolling back promised tax relief. Renewable energy and solar representatives opposed repeal of credits affecting their industries, and nonprofit witnesses urged preserving state capacity to fund housing, education, food security, and other services. The chair recommended adoption of the proposed SD1 with additional amendments, and the recommendation was adopted with reservations noted by some members.
The committees also acted on SB 3169 relating to coastal resilience, SB 2001 relating to the Banyan Drive Community Development District, and SB 3334 concerning deputy superintendent positions. SB 3169 was amended to incorporate Oceanit’s recommendation regarding native burrow sites, make technical changes, and delay the effective and repeal dates; the recommendation passed. SB 2001 was recommended to pass with HCDA amendments, a July 1, 2050 effective date, and additional technical changes, with the committee report to note continued desire for community engagement from descendants; one member expressed concern that lineal descendants should have a more direct role, and the measure was adopted with reservations. SB 3334 was reconsidered to add a blank general fund appropriation to establish two FTEs in the superintendent’s office for deputy superintendent positions; members raised reservations about the role of the Board of Education in evaluations, but the recommendation was adopted.
Several other bills were moved with little or no discussion. SB 2338, SB 2431, SB 2438, SB 2593, and SB 2671 were each recommended to pass unamended and were adopted. SB 2662 was recommended to pass with technical amendments based on SPO testimony, with the committee report reflecting concerns raised by the Attorney General and ERS; it was adopted. SB 2563 was deferred indefinitely after testimony from the Statewide Office of Homelessness and Housing Solutions said similar existing programs could address the bill’s concerns and the measure was not needed at this time. SB 3296 was deferred because a House bill on the same subject was already moving over.
WY
Transcript Highlights:
- Catherine Camaroti, LSO Budget Fiscal.
- This is money that's been budgeted.
- My name is Dalton Quilty with LSO Budget Fiscal.
- </c> creating their budgets. creating their budgets.
- </c><00:41:22.240><c> today</c> amendments in the in the budget today amendments in the in the budget
Bills:
SF0052
US
US Federal 2025-2026 Regular Session
Hearings to examine defense innovation and acquisition reform. Jan 28th, 2025 at 08:30 am
Senate Armed Services Subcommittee on Personnel
Transcript Highlights:
- Fifth, modernize the budget process. A budget is a plan, and right now we are planning to fail.
- No private company could survive if it took two years to budget for projects internally.
- When I became governor of Florida, there were 4,000 lines of the budget.
- a purpose against every budget line.
- And we all complain when the F-35 goes over budget.
MN
Minnesota 2025-2026 Regular Session
Committee on Agriculture, Veterans, Broadband and Rural Development - 03/24/25
Agriculture, Veterans, Broadband, and Rural Development
Transcript Highlights:
- </c> budget as you want. With that, Mr. budget as you want. With that, Mr.
- I know that your budget is tight. state. I know that your budget is tight.
- She's going to talk through the budget. Oh, the budget. Okay. I don't know.
- </c> She's going to talk through the budget. She's going to talk through the budget.
- The<00:52:29.680><c> budget.