Video & Transcript Research : 'DFA'

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AR

Arkansas 2026 Regular Session

JBC-PERSONNEL Apr 21st, 2026

JBC-PERSONNEL

Transcript Highlights:
  • If anybody's here, someone from the Governor's Office, Corrections, or DFA come to the table.
  • Jim Hudson, Secretary, DFA. My name is Lee Watson. I serve on the Board of Corrections.
  • Someone from the Governor's Office, Corrections, or DFA come to the table.
  • Jim Hudson, Secretary, DFA. My name is Lee Watson. I serve on the Board of Corrections.
Summary: The committee met and took several budget-related items out of order. It first approved a revised Auditor’s Office letter and amendment that reduced requested salary and match increases to 10 percent for operations and UCP, and then approved a revised Lieutenant Governor’s Office request that kept positions at line-item maximums while revising regular salary and match appropriations to a total increase of $99,876. Both items passed without objection. The committee then considered a member amendment from Senator Rice to Senate Bill 30 affecting the Governor’s Office. The amendment would eliminate one Governor senior advisor position, reducing authorized positions from 59 to 58 and cutting regular salaries and matching funds by a total of $264,895. Senator Rice argued the change was warranted because of concerns about former Corrections Secretary Joe Profury’s conduct, transparency, and refusal to appear before Joint Performance Review. Members debated the relevance of the amendment to current duties, whether the governor could still hire the individual in another role, and whether a Board of Corrections member could speak. After discussion, the committee rejected the amendment on a roll call vote. Under regular business, the committee approved an OPM request to reinstate a labor market rate at the crime lab so it can recruit two medical examiners, with pay up to $300,000 for those positions. Members also approved Arkansas State University-Jonesboro’s request for 11 positions tied to the new veterinary medicine school, including clinic, lab, communications, mental health, and administrative roles. The meeting then adjourned.
AR

Arkansas 2026 Regular Session

ALC-PEER Jun 16th, 2026

ALC-PEER

Transcript Highlights:
  • This is to establish a new state motor pool program after the state fleet was transferred from DFA.
  • Jim Hudson, Secretary, DFA. James Caldwell, CFO, Shared Administrative Services. Thank you.
  • Jim Hudson, Secretary, DFA.
  • The VOCA grants are administered out of DFA.
  • have to be on standby throughout the evening on June 30th to respond with emergency review, should DFA
Summary: The committee met to review a large slate of fiscal year 2026 and 2027 appropriation, transfer, and continuation requests across multiple sections. Early items included temporary appropriations for agencies such as Health, DHS, Education, Public Safety, State Police, Emergency Management, Aeronautics, Military, Economic Development, and Game and Fish, covering items like maternal health outreach, energy assistance repayments, Wynne High School tornado rebuilding, senior food services, cybersecurity, crime victim reparations, aviation grants, conservation incentives, and emergency tower maintenance. Members asked questions on several items, including DHS aging carry-forward funds and Treasury custodial banking fees tied to COVID-era balances; the committee also approved a disclosure by the chair on the Game and Fish-related item before voting to approve the section. The committee then approved continuation requests, CARES Act and ARPA reallocations, and federal grant appropriations. Notable discussion included the Boonville developmental disability project, ALIGN program reallocations at several universities, a small business technical assistance grant at UA Little Rock, and a Department of Public Safety highway safety grant, for which members requested more detail on operating expenses and professional fees. Additional approvals covered a transfer to the Merit Teacher Incentive program, restricted reserve fund transfers for military medical command and university projects, and a state central services deduction held at 2%. The Department of Commerce also received approval for a reallocation of positions and spending authority tied to its organizational realignment. Later sections included shared technology and higher education transfers, cash fund appropriations for school Medicaid reimbursements, corrections, youth mental health, narcotics detection canines, bike safety equipment, a state motor pool pilot, and law enforcement safety costs. The committee also reviewed budget classification transfers, including a Governor’s Office legal fee transfer related to a California lawsuit, and heard explanations about E-Rate reimbursements affecting the Office of State Technology. Members asked about VOCA funding levels for crime victim services and about the National Security Grant Program for nonprofits and faith-based organizations; officials said federal funding had declined from prior highs but appeared to have stabilized, and that the nonprofit security grant is an annual federal program. The meeting concluded with review of pay plan requests, DHS overtime funding for child protection caseloads, and a year-end adjustment request allowing DFA to make up to $1 million in transfers to close the books, after which the committee adjourned.
AR

Arkansas 2026 1st Special Session

ALC-PEER Mar 17th, 2026

ALC-PEER

Transcript Highlights:
  • Jim Hudson, Secretary, DFA. Good morning. Jessica Moore, DFA.
  • Jim Hudson, Secretary, DFA. Good morning. Jessica Moore, DFA.
  • That amount was received by DHS, transferred to DFA, and credited back on February 27th.
  • Jim, that's Secretary of DFA.
Keywords: 1204, all
AR

Arkansas 2026 Regular Session

ALC-PEER Mar 17th, 2026

ALC-PEER

Transcript Highlights:
  • Jim Hudson, Secretary, DFA. Good morning. Jessica Moore, DFA.
  • Jim Hudson, Secretary, DFA. Good morning. Jessica Moore, DFA.
  • That amount was received by DHS, transferred to DFA, and credited back on February 27th.
  • Jim, that's Secretary of DFA.
Summary: The committee considered a series of appropriation, transfer, and review items, approving most requests in Sections B through J. These included temporary appropriations for state technology upgrades, personnel management, court reporters and interpreters, crime victim claims, juvenile sex offender assessments, radiation lab testing, higher education workforce grants, an ARPA grant for the UAFS LPN program, an IIJA grant for geological/critical minerals work, a restricted reserve transfer for 102 State Police vehicles, a transfer to the Arkansas Heroes Program, several cash fund requests for the Real Estate Commission HVAC and AV needs, and overtime appropriations for Emergency Management and Military. One budget classification transfer request from the Commissioner of State Lands for $250,000 to cover operating expenses tied to a new building was discussed at length but failed on the vote after questions about the lease and operating costs. A major portion of the meeting focused on a $25.7 million pay plan appropriation request for 15 agencies. Members questioned why the Department of Human Services had not requested additional pay-plan dollars for human development centers, where DHS acknowledged staffing shortages, high turnover, and heavy overtime but said the issue was not lack of pay-plan funding. DHS was asked to provide a written plan to address staffing problems. The Department of Corrections testified that the pay plan had improved retention and hiring, and committee members asked for follow-up data on vacancies and staffing outcomes. Members also clarified that the pay-plan request was appropriation only, not new funding, and approved it. The committee then reviewed fund reports, including the restricted reserve, Budget Stabilization Trust Fund, Tobacco Settlement, State Central Services, Education Adequacy, Medicaid Trust Fund, IIJA, and Revenue Services transfer reports. DHS and DFA were questioned closely about the Medicaid Trust Fund, with members noting a $90 million February draw and asking about projected year-end balances; DFA and DHS said February was a high-expense, low-revenue month and projected the fund would remain solvent through the fiscal year, ending between $150 million and $200 million, while a second $100 million set-aside is planned for FY27. The committee also discussed a state hospital damage report, where DHS explained that insurance proceeds would not fully cover the repair costs because of depreciation and the age of the buildings; members expressed concern that the state would recover far less than originally expected, and DHS said any additional insurance recovery would be limited and returned to restricted reserve.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 6th, 2026 at 09:18 am

Senate Finance

Transcript Highlights:
  • But this would allow DFA to provide grants to public radio and television stations.
  • And then, again, as I was saying, a number of different housing items at DFA here: $30 million to fund
  • That looks like all for DFA. That was changed.
  • They're going to the MFA program at the NMFA, as well as a DFA-administered program for help working
  • pots for housing along with some other things like rental assistance that primarily is flowing out of DFA
Bills: SB193, SB132, SB35, SB145
NM

New Mexico 2025 Regular Session

IC - Land Grant Sep 8th, 2025

House Rural Development, Land Grants And Cultural Affairs

Transcript Highlights:
  • There are only two ombudsmen for DFA.
  • So, question number three was regarding DFA in general.
  • hopes to hear about the administration of the Land-Grant Merced Assistance Fund and what challenges DFA
  • DFA has seen regarding the administration of this fund.
  • DFA has no challenges to speak of at this time.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 9th, 2026 at 10:03 am

Senate Finance

Transcript Highlights:
  • Chairman, is through the budget adjustment request review process that both DFA and LFC do, where we're
  • And we have those discussions with agencies and our DFA counterpart all the time and can shut down bars
  • You have DFA notes of why they're justifying this proposed change. Right?
  • You have DFA notes of why they're justifying this proposed change.
  • We're going to go back through. 17, DFA. We're going to go back through. 17, DFA.
Keywords: 996, all
NM

New Mexico 2025 Regular Session

Senate - Rules Mar 5th, 2025

Senate Rules

Transcript Highlights:
  • This requires the Department of Finance and Administration (DFA) and the Legislative Finance Committee
  • Madam Chair, Senator, by requiring DFA... ...and LFC to jointly develop these?
  • So is DFA... Does DFA know the appropriate performance measures for every agency? I mean, it's...
  • DFA, it would be a collaboration with the agency.
  • And I think we've talked to DFA about this.
AR

Arkansas 2026 Regular Session

LEGISLATIVE JOINT AUDITING-STATE AGENCIES Jun 4th, 2026

LEGISLATIVE JOINT AUDITING-STATE AGENCIES

Transcript Highlights:
  • Nine unauthorized transactions totaling over $5,600 occurred in a bank account at DFA Revenue from April
  • The DFA was refunded over $5,400 of the unauthorized debits, leaving about $200 outstanding. Mr.
  • Chair, that concludes the finance for DFA. Thank you, sir.
Summary: The State Agencies Joint Audit committee met, opened with prayer, recognized interns, and approved the minutes from the March 12 meeting. Members also agreed to defer the special report from the Health Department until the August meeting. The committee then received audit staff’s review of reports, including 12 reports without findings that were filed without objection. The main item discussed was the Department of Finance and Administration FY24 report, which contained three findings. These involved a stolen taser from the Alcohol Beverage Control Enforcement Division valued at about $1,300 and referred to the project attorney and Attorney General; disallowed federal grant expenditures identified in the Family Services Agency, with nearly $5,500 reimbursed after adjustments; and unauthorized debits from a DFA Revenue bank account totaling more than $5,600, most of which was refunded with about $200 still outstanding. Members did not raise questions on the DFA report, and it was filed. The committee announced its next meeting for August 13 and then adjourned.
AR

Arkansas 2026 1st Special Session

LEGISLATIVE JOINT AUDITING-STATE AGENCIES Jun 4th, 2026

LEGISLATIVE JOINT AUDITING-STATE AGENCIES

Transcript Highlights:
  • Nine unauthorized transactions totaling over $5,600 occurred in a bank account at DFA Revenue from April
  • Nine unauthorized transactions totaling over $5,600 occurred in a bank account at DFA Revenue from April
  • Chair, that concludes the finance for DFA. Thank you, sir.
Keywords: 1204, all
AR

Arkansas 2026 Regular Session

ARKANSAS LEGISLATIVE COUNCIL (ALC) Jan 16th, 2026

ARKANSAS LEGISLATIVE COUNCIL (ALC)

Transcript Highlights:
  • And I was director of DFA for several years.
  • I'd just like to ask DFA a couple questions on the BDO contract if I can.
  • I'd just like to ask DFA a couple questions on the BDO contract if I can.
  • Jim Hudson, Secretary, DFA. Good morning, committee. Jim Hudson, Secretary, DFA.
  • There'll be a group, really within DFA, DHS, Department of Health, who will review those applications
Summary: The Arkansas Legislative Council meeting began with approval of the December 2025 minutes and a presentation from the Bureau of Legislative Research on the December revenue report. Dr. Carlos Silva said gross collections were about $4.02 billion, up slightly from the prior year, and net available for distribution was also above last year but down modestly from the previous month because of higher-than-expected corporate income tax refunds. Members asked about corporate tax trends, tariffs, and inflation, and Silva said it was too early to call the corporate decline a trend and that tariff effects would likely show up mainly in sales tax collections. The council then adopted several subcommittee reports, including the Executive Committee Subcommittee, Administrative Rules, Hospital/Medicaid/Developmental Disabilities, Occupational Licensing Review, PEER, Review, State Insurance Program Oversight, and Personnel. The PEER report drew the most debate because of a Department of Agriculture grant tied to Perry County and Central Arkansas Water; members discussed whether removing the Perry County portion would affect the grant’s competitiveness, and the report was ultimately adopted with the item included. The Review Subcommittee also heard questions about a BDO contract for the rural health transformation program, with DFA explaining that the contractor would manage the program while state agencies would make funding decisions consistent with the state’s application. A major portion of the meeting focused on the Education Freedom Account appropriation tied to LEARNS. Senators and representatives debated whether the program helps families or diverts money from public schools, with supporters arguing it funds students and choice and opponents arguing it is costly, vulnerable to fraud, and harms public school funding. Department of Education officials said roughly 28,000 private school students and 17,500 homeschool students were participating, that EFA students must submit standardized tests annually, and that the requested $32 million was to cover existing participants. After multiple substitute motions and extended debate, the body rejected a motion to strip out the $32 million and then adopted the report and related motions. The meeting ended after routine approvals of additional agency items and adjournment.
NM

New Mexico 2025 Regular Session

Senate - Finance Jan 23rd, 2025

Senate Finance

Transcript Highlights:
  • Sorry, head of the DFA. Thank you. I appreciate y'all being here, Ismael. A couple of things, Mr.
  • We have a financial control division at DFA, but the division that you'll probably interact with the
  • Along with the LFC, we have a number of very talented budget analysts that work at DFA and the State
  • So I just want to let you know that when you see the DFA analysts, they're here to help you as much as
  • LFC and DFA, and the executive is less than $200 million.
NM

New Mexico 2025 Regular Session

House - Appropriations and Finance Jan 24th, 2025

House Appropriations & Finance

Transcript Highlights:
  • Do we have our DFA and our DFA analysts? Thank you.
  • code to find, walk us through the different sheets, and then please identify your counterpart as a DFA
  • At the end of the table, we have Joshua Martinez; he's a DFA budget analyst, so he's the one...
  • Department and my DFA counterpart, Simon Miller, in one of his last budget hearings on behalf of DFA.
  • Of course, my two great analysts from LFC and DFA are also here.
NM

New Mexico 2025 Regular Session

House - Appropriations and Finance Jan 22nd, 2025

House Appropriations & Finance

Transcript Highlights:
  • Ismael Torres, and then I guess you all are handling from DFA who will be presenting.
  • Leo Delgado, who is the Chief Economist from DFA, and also we have the Chief Economist of Tax and Rev
  • us off and take us through most of the executive slides before turning it over to my colleagues from DFA
  • DFA handled that bill that we did last year on the fund, the match bill.
  • And I just want to say, I think when people from my district called into DFA, they had that done within
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 28th, 2026 at 05:50 pm

House Appropriations & Finance

Transcript Highlights:
  • Madam Chair, Representative Brown, I think in working with DFA, Henry, and even LFC, kind of work through
  • Can you tell me about the conversation between LFC and DFA to make those determinations?
  • "Between LFC and DFA to make those determinations?" "Thank you, Representative.
  • Marius, I'm mainly a DFA analyst.
Keywords: 996, all
NM

New Mexico 2025 Regular Session

IC - Federal Funding Stabilization Subcommittee Jul 2nd, 2025

Federal Funding Stabilization Subcommittee

Transcript Highlights:
  • Charles, we had good commitment at our last meeting from the DFA Secretary.
  • I'm not asking that you have a consent outlook, but we would ask DFA to also do something like this.
  • I'm also the Director of the Financial Control Division at DFA.
  • So then I will go to slide 10, and just finally, DFA is close. monitoring the legislative process around
  • But also, it was the work of DFA that really turned. That around.
AR

Arkansas 2026 1st Special Session

ALC-PEER Mar 17th, 2026

ALC-PEER

Transcript Highlights:
  • Jim Hudson, Secretary, DFA. Jessica Moore, DFA.
  • That amount was received by DHS, transferred to DFA, and credited back on February 27th.
  • The amount was received by DHS, transferred to DFA, and credited back on February 27th.
  • Jim, that's Secretary of DFA.
Summary: The committee considered a series of appropriation, fund transfer, and reserve requests across multiple agencies. Section B temporary appropriations included funding for state technology upgrades, personnel management staffing and IT skills assessment, court reporters and interpreters, crime victim claims, juvenile sex offender assessments, radiation lab testing, and higher education workforce grants and credentialing pathways. Additional items covered an ARPA grant for the University of Arkansas Fort Smith LPN program, an IIJA grant for the Oil and Gas Commission’s critical minerals work, a restricted reserve transfer for State Police vehicle purchases, a transfer to the Arkansas Heroes Program, and cash fund requests for the Real Estate Commission’s AV system and HVAC work. Most of these items were approved by voice vote. One budget classification transfer request from the Commissioner of State Lands drew extended questioning and was ultimately not approved. Members questioned the $250,000 transfer to operating expenses tied to the purchase of a West Little Rock office building, the ongoing lease costs at the prior location, and whether the agency had adequately planned for building-related expenses. After discussion, the motion failed, and members told the agency to tighten spending and return if needed. The committee then took up 15 pay plan appropriation requests totaling $25.7 million and approved them after discussion with DFA, DHS, Corrections, and the State Board of Election Commissioners. Members focused heavily on DHS staffing shortages at human development centers, where officials said vacancies and turnover were driven by overtime and burnout rather than pay alone; one member asked DHS to submit a written plan to address the issue. Corrections reported the pay plan had improved hiring and retention. The committee also approved overtime appropriations for Emergency Management and Military. Reports on reserve funds, the Budget Stabilization Trust Fund, tobacco settlement, State Central Services, Education Adequacy, Medicaid Trust, IIJA, and revenue transfer activity were received. The Medicaid Trust Fund report prompted significant concern about February’s $90 million draw; DHS said the month was unusually high because of cash-flow timing and that the fund should end the year with a balance between $150 million and $200 million, while lawmakers noted a second $100 million set-aside is planned for FY27. The final discussion centered on DHS’s state hospital damage claim and reconstruction funding, where members expressed disappointment that insurance reimbursement would likely return only about $1.8 million now and possibly about $97,000 more later, far less than the roughly $5 million initially expected. DHS explained the policy was based on actual cash value and depreciation for old buildings, and said the work would proceed on Unit 3 for secured restoration because it was the most cost-effective option.
NM

New Mexico 2026 Regular Session

House - Rural Development, Land Grants And Cultural Affairs Jan 27th, 2026 at 09:00 am

House Rural Development, Land Grants And Cultural Affairs

Transcript Highlights:
  • Also, Madam Chair, House Bill 21 has the Land Grant Council, a standalone commission under the DFA, vetting
  • Infrastructure Project Fund, would be managed by the Interstate Stream Commission in conjunction with DFA
  • Infrastructure Project Fund would be managed by the Interstate Stream Commission in conjunction with DFA
  • I think it's also going to depend, and it'll be important to work with DFA and with the Board of Finance
  • As Arturo mentioned, there would be rulemaking for both the Interstate Stream Commission slash DFA and
Keywords: 996, all
AR

Arkansas 2026 1st Special Session

ALC-REVIEW Jan 13th, 2026

ALC-REVIEW

Transcript Highlights:
  • Initially, it's going to be used by DFA for their vehicle services and licensing, but the hope is that
  • Jim Hudson, Secretary, DFA, good morning committee.
  • Jim Hudson, Secretary, DFA.
  • And I don’t know, maybe DFA may have to answer this, but when I’m looking at the out-of-state contracts
  • This was submitted by the Department of Commerce and DFA, and it just made two revisions to the discretionary
Keywords: 1204, all
NM

New Mexico 2026 Regular Session

IC - Legislative Finance Apr 27th, 2026

Transcript Highlights:
  • NMED, LFC, and DFA are working together to try to find where these discrepancies in the numbers are,
  • We'll also have some help from the program evaluation team and DFA on setting up good training for agencies
  • had primarily been New Mexico Housing, formerly New Mexico Mortgage Finance Authority, and then now DFA
  • This is just telling DFA how we're going to set up our operating budget, and I'll blame it's at the level
  • That continue to flow through DFA and our office during the session, whereas normally we would have a