Video & Transcript Research : 'interest calculation'
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ND
North Dakota 2026 1st Special Session
Special Education Funding Committee May 6th, 2026 at 09:00 am
Special Education Funding Committee
Transcript Highlights:
- And, you know, I'm very interested to hear what people have to add.
- Like that's what's interesting about a criterion-referenced test.
- That will be done in about three weeks if anyone's interested.
- Comments by other interested persons. Anybody? Any interested persons?
- Um, I do have on the agenda comments by interested persons.
MN
Transcript Highlights:
- On line 23 is a provision from Senator Rest that corrects an annuity contribution calculation.
- 308 and this relates uh to the interest 308 and this relates uh to the interest rate<00:46:30.560
- Section 3 makes a conforming change to the calculation of a city's revenue need.
- >
increment, <01:06:27.839>interest <01:06:28.160>or of transferred increment, interest - Uh sections 5, 7, a lower interest rate.
NM
New Mexico 2025 Regular Session
Other - PSCOC Dec 11th, 2025
Public School Capital Outlay Oversight Task Force
Transcript Highlights:
- This is also an award language change requesting the utilization of the gross square foot calculator,
- So, there's a number in here that are requesting the new gross square footage calculator.
- The second part of the motion is to determine the PSCOC rate per MEM to calculate the Lease Assistance
- Just for clarification for new members: Our lease assistance is determined per statute by calculating
- So, A lot of the smaller districts are interested. Thank you, Mr. Schimel. Mr.
NH
New Hampshire 2025 Regular Session
House Education Funding (02/11/2025)
Transcript Highlights:
- <01:30:55.400>
the calculate the calculate the total<01:30:57.480>and <01:30:58.199> - that would be used in the calculation that would be used in the calculation you're<01:42:06.199>
- <01:42:16.000>
of warrants including the calculation of warrants including the calculation - calculation calculation um<01:44:00.679>
in <01:44:00.880>this <01:44:01.360>in - try to do per student calculations try to do per student calculations because<04:34:47.439>
we
Summary:
The committee first discussed HB 443, which would change terms and vacancy language for members of a higher education commission. Members raised concerns that the bill was too narrow to address broader issues with commission membership, including expired appointments, attendance expectations, and whether the Department of Education could replace the commission’s role. Several members suggested the bill was not ready for action and favored holding it for further work, possibly through a subcommittee or work session. One member suggested that if attendance standards were added, no more than two unexcused absences should trigger removal, given the commission’s meeting schedule. The chair said he would defer action and form a small subcommittee to report back before the committee deadline.
The committee then moved to HB 484, dealing with repurposing Career and Technical Education classroom space after 20 years of exclusive use. The chair explained that the bill was aimed at the Milford CTE project, where shared use of space could allow a school to repurpose part of a CTE facility while still using it for CTE-related instruction. Members discussed other possible situations around the state, including Claremont, North Conway, and Jaffrey/Rindge, and whether the bill should be limited to Milford or broadened to allow local districts more flexibility. Some members favored passing the bill now to help CTE projects move forward, while others argued for an amendment removing the requirement that the space be vacated specifically to expand the CTE program occupying it.
Testimony and discussion emphasized that the Milford project had state approval but reduced funding, requiring a smaller scope and repurposing of existing space. Supporters said the bill could help preserve CTE programs while also benefiting general education space needs, and that local districts should have flexibility after 20 years. Opponents or cautious members noted that the language might not fit every district situation and asked for feedback from Director Beard and Steve Rothenberg before final action. The committee did not take a final vote in the portion provided, and instead discussed waiting for an amendment and additional input before acting.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance May 20th, 2025
Transcript Highlights:
- We removed excused absences in the school calculation.
- What's the calculated difference in that?
- We don't have a calculated difference at this time for that.
- Thank you for this very interesting proposal. Thank you for this very interesting proposal.
- We had calculated 1.85% for the current year growth at the time.
Summary:
The committee heard the May Revision presentation for the Assembly Budget Subcommittee on Education Finance, with public comment focused heavily on K-12 priorities such as universal school meals, kitchen infrastructure, food service and custodial support, youth leadership grants, Special Olympics funding, English learner support, universal pre-K, literacy investments, and concerns about community college funding shifts. Speakers also urged support for expanded learning, teacher recruitment and training, and maintaining or increasing funding for community colleges and student support programs.
Finance and the LAO then reviewed the Proposition 98 outlook. Finance said the May Revision lowers the 2025-26 Prop. 98 guarantee to $114.6 billion, about $4.3 billion below January, due mainly to lower revenue estimates, with smaller effects from attendance and property tax changes. The administration also described rebenching for universal transitional kindergarten and a one-time rebench tied to Los Angeles fire-related property tax losses, along with changes to the Public School System Stabilization Account, deferrals, and updated COLA assumptions. The LAO said the budget relies too much on deferrals and one-time funds, creates a structural shortfall, and should instead align ongoing spending with the guarantee and preserve a reserve buffer.
Members questioned the TK rebench and the shift of funding from community colleges to K-12, asking why it was being applied retroactively and how colleges would be held harmless. Finance said the changes align funding with where TK costs are being incurred and that reappropriation funding and other adjustments would offset impacts on community colleges. The LAO argued the historical split formula is outdated and should be abandoned in favor of budgeting around current priorities rather than fixed percentages. Members also raised concerns about draining the rainy day reserve and using deferrals, while the LAO said preserving reserves would better protect against future volatility.
The committee then moved to specific K-12 and education proposals. Finance outlined May Revision changes including state operations adjustments for the Department of Education, technical trailer bill changes, a $100 million student teacher stipend program administered by Kern County, and updates to the charter school facility grant program. The LAO recommended rejecting the proposed increases for expanded learning, literacy coaches, and the student teacher stipend as currently structured, while supporting the minimum grant increase for expanded learning. Members expressed support for teacher recruitment efforts but questioned whether one-time funding can sustain ongoing programs and whether the student teacher stipend should be targeted to shortage areas or low-income communities.
NM
New Mexico 2025 Regular Session
IC - Revenue Stabilization and Tax Policy Aug 14th, 2025
Revenue Stabilization & Tax Policy Committee
Transcript Highlights:
- Next page, you've got base income again for state interests. It's different for state interests.
- , only for their federal tax calculation.
- Is it interest income? Is it some other kind of income?
- It also affects capitalized interest, so the rules for capitalizing the interest will also affect the
- It makes for an interesting challenge.
MN
Transcript Highlights:
- It would be interesting, I think, to see a cost comparison at some point.
- It would be interesting, I think, to see a cost comparison at some point.
- It would be interesting, I think, to see a cost comparison at some point.
- It would be interesting, I think, to see a cost comparison at some point.
- I didn't bring a calculator.
NH
New Hampshire 2026 Regular Session
House Children and Family Law (02/03/2026)
Children and Family Law
Transcript Highlights:
- top you'll see the payment calculations top you'll see the payment calculations and<01:10:28.960
- in the child support calculation.
- , that when you look at the calculations, that when you look at the calculations, it<01:12:51.840
- <01:29:40.880>
what of both parties by um calculating what of both parties by um calculating - number when it's put into the calculator number when it's put into the calculator will<01:30:08.719
TX
Texas 89th 2nd C.S.
Health Care Affordability, Select May 1st, 2026
Health Care Affordability, Select
TX
Texas 89th 2nd C.S.
S/C on Telecommunications & Broadband Mar 31st, 2025
S/C on Telecommunications & Broadband
Transcript Highlights:
- It looks like there's a lot of excitement and interest related to this subject matter.
- You could tell by the interest this is, this is a riveting bill.
- I found yours especially interesting.
- We, we're not interested in costing you any money.
- What we're interested in is deploying broadband and this.
MN
Minnesota 2025-2026 Regular Session
Requiring MMB to include fraud impacts in budget forecasts 3/3/26
Minnesota House Floor Meeting
Transcript Highlights:
- I'm just wondering how it's calculated kind of, and what aspect of fraud is looked at.
- I'm just wondering how it's<00:10:38.400>
calculated <00:10:39.040>kind <00:10:39.240>- So, I'm trying to think about how we calculate this, and what we do.
- <00:21:00.520>
I being able to calculate that out. I being able to calculate that out.- I mean, I have many, but I will just try to list, in the interest of time, a couple.
Summary:
The committee took up House File 3683, which would require the state budget forecast to estimate the budgetary impacts of fraud committed against state programs. Chair Nash argued that fraud has real fiscal effects on the state, that those costs should be quantified in the forecast much like inflation was previously incorporated, and that doing so would help lawmakers understand the true cost of money lost to fraud. He also said the bill was intended to give MMB direction to develop a way to forecast fraud’s impact and that the issue should be treated as part of the state’s fiscal outlook.
Deputy Commissioner Anna Mingy of Minnesota Management and Budget testified in opposition to the bill’s approach, saying fraud is unacceptable and MMB is committed to combating it, but that the twice-a-year forecast is not the right tool for this analysis. She said forecasts are forward-looking budget tools based on projected revenues and spending, while fraud analysis is retrospective and involves legal definitions and processes. She also warned that requiring MMB to consult with legislative chairs on fraud estimates before public release could politicize the forecast and would be a departure from current practice.
Members raised concerns about how fraud would be defined and quantified, whether the bill would cover known or potential fraud, and whether it would duplicate existing budget adjustments. Chair Nash responded that the bill was modeled on prior inflation-forecast language and said fraud’s fiscal impact should be estimated even if the exact number is debated. Other members questioned whether the proposal would add value or create subjective numbers, while supporters said audits and program integrity data provide a basis for estimating a range. Deputy Commissioner Mingy also answered questions about bond ratings, saying Minnesota maintained its AAA rating and that rating agencies focus on governance and long-term obligations, not specific fraud estimates. She later said the administration’s anti-fraud package includes permanent bans on state contracts and grants for individuals convicted of fraud. The discussion ended without a recorded vote or final action in the excerpt.
NM
New Mexico 2025 Regular Session
IC - Federal Funding Stabilization Subcommittee May 28th, 2025
Federal Funding Stabilization Subcommittee
Transcript Highlights:
- It's in everybody's interest to do so.
- So, We can still know where we're at financially with that new money calculation.
- I'm also interested on that spreadsheet. What are those performance measures?
- Is it A $1 $50 how much money are we talking about and how that calculation?
- Approval of that calculation to the federal government.
FL
Florida 2026 Regular Session
Appropriations Committee on Pre-K - 12 Education Mar 26th, 2025
Appropriations Committee on Pre-K - 12 Education
Transcript Highlights:
- You should have the following documents in the packet before you: a summary of the FEFP calculation,
- You should have the following documents in the packet before you: a summary of the FEFP calculation,
- The bill also clarifies a conflict between two statutes regarding how school grades are calculated for
- The amendment incorporates feedback from staff to clarify how school grades are calculated by DOE for
- What is the calculated scholarship amount for the next year?
Summary:
The committee first heard the proposed Pre-K-12 education budget for fiscal year 2025-26, totaling $34.7 billion. The chair highlighted major increases for the FEFP, including $29.6 billion for public schools and K-12 scholarships, a $984 million year-over-year increase, along with higher per-FTE funding, $4 billion for the Family Empowerment Scholarship, $431.4 million for VPK, funding for school safety, the Florida School for the Deaf and Blind, school hardening, Jewish day school security, and an education enrollment stabilization fund. With no public comment, the committee adopted a motion for staff technical corrections and then approved the budget proposal as a recommendation to the full Senate Appropriations Committee.
The committee then considered SB 1402 on dropout retrieval programs. The bill expands eligibility so any individual who has withdrawn from high school may enroll in dropout retrieval services and clarifies how school grades are calculated for virtual instruction providers that offer those services. An amendment clarifying the grading calculation was adopted, and the committee reported the bill favorably.
Next, the committee took up SPB 7030 on educational scholarship programs, a broad measure addressing school choice funding and administration. The bill would fund the Family Empowerment Scholarship as a separate categorical, expand the education stabilization fund, create fall and spring application windows, require a single scholarship application and more documentation, assign student IDs, standardize payment timing to monthly installments, require continued eligibility verification, and add Level 2 background checks for providers receiving state funds. Members raised questions about background-check enforcement, payment timing, data sharing, and the impact on homeschool and private-school families. Public testimony included support from school-choice advocates and concerns from private-school representatives about added regulatory burdens and deadlines. The committee adopted the bill as a committee bill and reported it favorably, with Senator Osgood voting no.
Finally, the committee considered SB 508 on the Family Empowerment Scholarship Program, which requires private schools to disclose in writing what accommodations, modifications, and services they will provide to students with existing plans such as IEPs, EEPs, 504 plans, or ELL plans before enrollment. An amendment was adopted to require public schools to consult with private schools about equitable services. Testimony was mixed: supporters said the bill would give parents needed information for informed choice, while private-school representatives said the language could be burdensome and vague. The committee reported the bill favorably.
TX
Transcript Highlights:
- On the fund has both interest and investment earnings.
- The interest earnings, the part of the balance that is just earning interest.
- In interest earnings from the rainy day fund will be contributing to general revenue.
- It's, it's very highly summarized in the interest of time, I was not going to go into.
- So to, to, the, the tax is based on the tax rate as applies to the calculated margin.
KY
Kentucky 2025 Regular Session
Capital Projects and Bond Oversight Committee (6-24-25)
Transcript Highlights:
- woeful disregard for the best interests woeful disregard for the best interests of<00:07:23.680>
- So I did a calculation and I calculated a worst-case scenario, and then admittedly I added 10%.
- ><00:22:15.760>
a <00:22:16.000>worst calculation and I calculated a worst calculation - Um that's not what the calculation was. Um that's not what the calculation was.
- So that's my calculation: $297,000 per unit. That's my calculation: $297,000 per unit.
Keywords:
0:00:07 Call to Order and Roll Call
0:00:47 Approval of Minutes
0:01:05 Correspondence and Information Items
0:54:15 Lease Rpt from Postsecondary Institutions
0:56:19 Project Rpt from Finance and Administration Cabinet
1:08:46 Lease Rpt from Finance and Administration Cabinet
1:13:00 Rpt from Office of Financial Mgmt - KIA
1:20:00 Office of Financial Management
1:35:50 Adjournment, 958, all
Summary:
The meeting began with routine business, including welcoming new committee member Senator Reginald Thomas, approving the minutes, and receiving a correspondence report on several information items. Those items included University of Kentucky research equipment funding, UK capital project funding using federal/private funds, debt issues from McGoffin County and Owen County school districts, lease modifications by the Division of Real Properties, asset preservation project revisions at Eastern Kentucky University and Northern Kentucky University, and Kentucky Communications Network Authority (KCNA) information on Kentucky Wired critical infrastructure.
The main discussion focused on a dispute over the Kentucky Wired communication shelters, or “huts,” and related payments under KCNA’s agreement with Asellicom/Excel. Brad Kilby of Asellicom testified that KCNA had not paid for the huts, that Asellicom had not received the alleged $8 million or any later payment, and that Asellicom remained the legal owner. Committee members pressed him on whether payment had been received, whether anyone else might have received it, and whether the lawsuit or dispute resolution process clarified the issue. Kilby said no payment had been received and that the matter was part of ongoing litigation.
KCNA Executive Director Doug Hendricks and General Counsel Adam Atkins then testified. They said a certified check for $8.5 million was mailed in July, based on the Finance and Administration Cabinet secretary’s determination that $8.5 million was due under the model procurement code, even though KCNA had initially requested about $12 million to cover a worst-case estimate. They said the contract allowed payment in full or in tranches, that the huts were completed and operational, and that KCNA had not received documentation supporting Asellicom’s higher $10.1 million claim. Members expressed frustration over the missing check and the broader implications for Kentucky Wired, and one member requested that the committee obtain all agency requests related to KCNA/Kentucky Wired since inception; the co-chairs said they would look into making that information available. No formal vote was taken on the dispute during the portion provided.
TX
Transcript Highlights:
- Slide 12 shows the team. return on investment calculation, which Chairwoman Huffman alluded to in her
- The following slide shows. how we calculate this return on investment.
- Instead, this is a direct calculation, a very straightforward calculation of ROI.
- That is how the ROI is calculated.
- Of the grant calculation, correct? That is correct.
Keywords:
Texas, moving image industry, incentive program, film production, grant funding, job creation, economic development, youth camp, summer camp, camp safety, emergency operations plan, emergency preparedness, evacuation drill, camp staff training, volunteer training, camper safety, lost camper, natural disaster, fire safety, mass casualty
NM
New Mexico 2025 Regular Session
IC - Public School Capital Outlay Oversight Task Sep 9th, 2025
Public School Capital Outlay Oversight Task Force
Transcript Highlights:
- The calculator really focused on instructional space.
- That's what we're all interested in, so it seems...
- The calculation for lease assistance is pretty simple.
- It's interesting to see how that happens.
- So this is interesting, Mr. Chair and Mr. Rounds.
MN
Transcript Highlights:
- <00:01:18.159>
in our staff uh with particular interest in our staff uh with particular interest - <00:41:30.920>
in versa so if if members are interested in versa so if if members are interested - Um, but this is, I think this is an interesting conversation to have.
- Um, but this is, I think this is an interesting conversation to have.
- <01:16:28.000>
in equalizing Aid would be calculated in equalizing Aid would be calculated
FL
Transcript Highlights:
- It's interesting.
- It's fairly easy to calculate, to be honest.
- That's in the best interest of our taxpayers.
- I looked at the tax calculator myself.
- So why, in the interest of Okay.
Summary:
The Committee on Appropriations took up SJR 2-F, the proposed constitutional amendment on property tax relief, which would reduce assessment growth on non-homestead property, expand homestead exemptions, create a new exemption for new homesteaders, and direct counties, cities, and school districts to use property tax revenues for specified core services. Senator Avila presented the measure as the governor’s plan to provide historic relief and argued that local governments should tighten budgets and prioritize core functions. Senators raised concerns about the lack of fiscal scoring, the breadth and ambiguity of the permitted uses, the effect on special districts and local services, and whether the proposal would shift costs to fees or other taxes. The committee adopted several amendments, including Avila’s amendment clarifying that ad valorem revenues could be used for county and municipal operations and administration and other expenditures not prohibited by law, and Trumbull’s amendment removing school board ad valorem taxes from the proposal. Other amendments failed, including proposals to allow user fees and non-ad valorem assessments, add a sunset, redirect tourism development taxes, narrow the small-business provision, and change the ballot title to reference local service reductions. Grall’s amendment removing the constitutional trust fund requirement was adopted, while the committee also rejected Berman’s title-change amendment and Smith’s sunset and tourism-tax amendments. The committee then returned to the bill as amended for questions, including extended debate over whether the proposal would affect noncitizen residents, the impact on local government finances, and whether local governments would respond with higher fees or special assessments. The meeting ended with the bill still under discussion after the final round of questions, with Avila saying he would continue working with the governor’s office on the language before the next vote.
MN
Minnesota 2025-2026 Regular Session
House Taxes Committee hears bill aimed at attracting major sporting events to Minnesota 4/28/26
Transcript Highlights:
- This kind of calculation is difficult.
- This kind of calculation is difficult.
- This kind of calculation is difficult.
- This kind of calculation is difficult.
- the this kind of calculation. the this kind of calculation.
Summary:
The committee took up House File 4949, as amended by the adopted H4949A2 and H4949A3 amendments. The bill would create a sports and events reimbursement program intended to give Minnesota a more reliable funding mechanism to compete for major sporting and entertainment events. Representative Lislegard and supporters argued that events such as the Super Bowl, NFL Draft, Final Four, World Juniors Hockey, and Olympic trials generate substantial economic activity, tax revenue, and statewide visibility, and that Minnesota has lost opportunities because it lacks a standing competitive fund.
Testifiers from the Minnesota Business Partnership and Minnesota Sports and Events strongly supported the bill, describing it as a performance-based, closed-loop model that reinvests tax revenue generated by events into securing future events. Jess Graba, Cheryl Lindsey, and Dr. William Campbell emphasized community benefits beyond economics, including youth inspiration, school improvements, inclusion, and positive local engagement tied to events like the Olympic trials, the Women’s Final Four, and WWE appearances. Several testifiers cited specific figures, including roughly $71.5 million in economic impact and $4.7 million in tax revenue for World Juniors, about $74.8 million and $5.7 million for the gymnastics trials, and more than $430 million in lost economic impact from events Minnesota did not secure.
Members raised concerns about the funding mechanism, especially the use of revenue that would otherwise go to the general fund or other accounts. Representative Huot said he supported bringing events to Minnesota but was uneasy about diverting general fund money and suggested stronger legislative oversight, possibly through a formal sports committee. Representative Youakim asked how the bill’s revenue capture would work and noted concerns about taking money from transportation-related accounts; staff explained that the amended bill affects seven state taxes and a fee, including motor vehicle rental taxes and the retail delivery fee, with some revenue directed to non-general fund accounts. Members also requested more information on the methodology behind the University of Minnesota Extension economic impact studies, and staff said those studies could be shared. No final vote on the bill was taken in the portion provided.