Video & Transcript : 'DFPS budget' :
Page 5 of 500
MN
Transcript Highlights:
- and it is not to her advantage to have a budget deal.
- </c> special education don't solve budget special education don't solve budget problems,<01:23:38.120
- Please support House budget equation.
- Um, because the cuts have already been booked as savings in the budget.
- Um, because the cuts have already been booked as savings in the budget.
KY
Kentucky 2025 Regular Session
2026 - 2028 Budget Preparation & Submission (5-22-25)
Transcript Highlights:
- </c> seen in past with the budget seen in past with the budget instructions<00:03:15.040><c> when</c>
- </c> the ABRs, additional budget request. the ABRs, additional budget request.
- </c> that we had was a change to the budget that we had was a change to the budget calendar.<00:04:34.080
- </c> Uh so the the office of state budget Uh so the the office of state budget director<00:04:46.720>
- And then through the appropriations act, the budget bill, we have a mechanism, you know, for a budget
Keywords:
00:02 Call to Order and Roll Call
00:55 FB 2026-2028 Executive Branch Budget
15:17 Adjournment, 958, all
Summary:
The committee held its first meeting on budget instructions for the 2026-2028 state budget, as required by KRS Chapter 48. Staff from the Office of State Budget Director outlined three recommended changes: restructuring Form B4 for additional budget requests to emphasize the problem, solution, and quantitative data; adding page numbers to the Record P report so agencies’ additional budget requests can be located more easily; and updating the budget calendar to reflect the December 20 presentation of the consensus forecast to LRC under changes made by House Bill 360.
Members asked follow-up questions about contribution rates, debt service template rates, and employee health rates. Staff said the fiscal 2026 KS non-hazardous contribution rate is 42.76%, but fiscal 2027 and 2028 rates have not yet been set; debt service rates would be posted later; and employee health rate assumptions are still being discussed with the Personnel Cabinet. Members also asked how program reductions or terminations would be handled, and staff explained that agencies base requests on statutory and federal requirements, while budget reductions are handled through the appropriations act.
The committee discussed whether Form B4 should ask agencies to describe alternative options considered and how they were evaluated. Staff said the current instructions do not specifically require that, though some implications may appear in narrative responses, and members agreed to continue working on the instructions. The committee then adopted a motion directing the co-chairs to work with LRC staff to finalize the 2026-2028 budget instructions and present them for adoption, with the motion approved by roll call. Members also noted that federal budget developments, including possible SNAP cost shifts to states, are being monitored but are too early to incorporate into the instructions at this time.
AZ
Transcript Highlights:
- The rest of the budget is almost verbatim basic budget. Yes, ma'am.
- FY 2027 budget.
- budget, please.
- voted for that budget. ...opposing this budget here today, they voted for that budget.
- budget.
Bills:
HB4138, HB4139, HB4140, HB4141, HB4142, HB4143, HB4144, HB4145, HB4146, HB4147, HB4148, HB4149, HB4150, HB4151, HB4152, HB4153, SB1831, SB1832, SB1833, SB1834, SB1835, SB1836, SB1837, SB1838, SB1839, SB1840, SB1841, SB1842, SB1843, SB1844, SB1845, SB1846
Keywords:
appropriations, education funding, health care, general fund, state budget, local funding, gaming, pari-mutuel, horse racing, regulatory assessment, first-time starters, budget implementation, federal funds, government services, budget stabilization, financial reporting, capital outlay, infrastructure, veterans services, highway construction
KY
Kentucky 2026 Regular Session
House Budget Review Subcommittee on Personnel, Public Retirement, and Finance (2-8-23)
Keywords:
KY LRC YouTube, https://www.youtube.com/watch?v=yaoNLqzCjTE, 2026-06-21T07:17:02+00:00, 2.2.24, Data collected via generic collector engine, MEETING START 00:00
ROLL CALL 00:24
DISCUSSION WITH BEAU BARNES, DEPUTY EXECUTIVE SECRETARY & GENERAL COUNSEL 01:06
WITH THE KY TEACHER RETIREMENT SYSTEM. 2022-2024 BIENNIAL BUDGET, USED & ACCRUED
SICK LEAVE IN RETIREMENT PURPOSES, CURRENT BUDGET, 30 YEAR RETIREMENT PROJECTIONS., 958, all, 2.2.42, 2.1.47
MA
Massachusetts 2025-2026 Regular Session
Special Joint Committee on Initiative Petitions Mar 30th, 2026
Special Joint Committee on Initiative Petitions
Transcript Highlights:
- So that's the fiscal year 2027 budget.
- We also saw one budget that was nominally reduced from the budget signed by the governor the year before
- So, to just put that in perspective and contextualize it in this year's budget, Governor Healey's budget
- signed to the FY27 budget signed.
- People prioritize the discretionary side of the budget.
Keywords:
tax revenue, state surplus, taxpayer refunds, budget growth, Massachusetts General Laws, income tax, tax reduction, state law, personal income tax, tax rates
Summary:
The Special Joint Committee on Initiative Petitions held a public hearing on two proposed ballot initiatives: one to reduce the state personal income tax rate from 5% to 4% over three years, and another to revise the state tax collection cap law (62F) so the cap would be based on the prior year’s actual collections plus wage-and-salary growth and would include surtax revenue. Committee chairs outlined the hearing process and noted that the measures would need additional signatures to qualify for the 2026 ballot if not enacted by the legislature.
The committee’s expert witness, Doug Howgate of the Massachusetts Taxpayer Foundation, said the income tax proposal would lower the base rate in stages beginning in 2027 and would ultimately reduce state income tax collections by about $5.4 billion annually when fully implemented. He estimated savings would vary by income level, from a few hundred dollars for lower- and middle-income households to about $10,700 for taxpayers at the surtax threshold. He argued the proposal would improve tax competitiveness but would also require major budget adjustments, likely including reserve use, spending cuts, and possibly new revenue measures; he cited prior downturns and said the state’s rainy day fund is stronger than in past recessions, though spending growth and health care costs remain concerns. On the 62F proposal, he said rebasing the cap to prior-year collections would make refunds more likely, with modeled refunds totaling about $7.9 billion without the surtax and $10.1 billion with it over the last decade, and warned it could reduce stabilization fund deposits and constrain recovery after recessions.
Proponents of both petitions, including representatives from Taxpayers for an Affordable Massachusetts, NFIB, Pioneer Institute, and the Mass Opportunity Alliance, argued that Massachusetts faces an affordability and competitiveness crisis and that lower taxes would help families, small businesses, job creation, and outmigration. They said the income tax cut would put about $1,300 a year back into the hands of average families, help pass-through businesses reinvest, and improve the state’s ability to compete with lower-tax states such as North Carolina. Their economist, Rebecca Paxton, presented a model projecting average annual revenue losses of about $680 million during the phase-in and a total net income tax revenue impact of $2 billion to $2.2 billion, while saying long-term revenue growth would be stronger after implementation. The hearing ended with committee questions and a brief dispute over a planned voter testimonial video, which the chairs said was not appropriate for the hearing at that point.
WA
Transcript Highlights:
- School district budgets must be prepared, submitted, and adopted in a format prescribed by the OSPI and
- This helps you maintain your operational budget.
- District budgets are developed publicly, reviewed locally, and audited annually.
- And so, because their budgets are so small, it doesn't take long for those to fluctuate.
- What would a reasonable person, a budget expert looking at these districts’ budgets and the amount that
MN
Minnesota 2025-2026 Regular Session
House Transportation Finance and Policy Committee 2/10/25 - Part 2
Transportation Finance and Policy
Transcript Highlights:
- Ultimately, that would be a substantial decrease to our transportation budget in a time where the needs
- Ultimately, that would be a substantial decrease to our transportation budget in a time where the needs
- So just, you know, that would be a substantial decrease to our transportation budget in a time where
- in a time where every dollar in our budget matters.
- ><c> we</c> every dollar in our budget matters we every dollar in our budget matters we need<00:51:20.240
Bills:
HF5
MN
Minnesota 2025-2026 Regular Session
House Transportation Finance and Policy Committee 2/10/25 - Part 1
Transportation Finance and Policy
Transcript Highlights:
- </c><00:05:10.840><c> for</c><00:05:11.000><c> us</c> the governor's budget for us the governor's budget
- </c><00:05:25.639><c> in</c> Transportation budget in Transportation budget in thousands<00:05:27.600
- </c><00:20:30.720><c> cycle</c> uh as we get into the budgeting cycle uh as we get into the budgeting
- <00:47:03.920><c> uh</c> budget uh budget uh recommendations<00:47:05.800><c> uh</c><00:47:05.920><c>
- have in your budget.
Bills:
HF5
TX
Transcript Highlights:
- Yeah, and so to the extent that there are inflationary pressures on the budget because it's a percent
- And that's how we end up with over $50 billion in property tax relief currently in the budget, and that
- Back historically a little bit, we had the 2011 pinch where we saw public education start to cut budgets
- That's because we had a budget deficit; we had a revenue shortfall for whatever reason.
- Okay, just for perspective, I was looking at the budgets, the entire budgets of some other countries.
TX
Transcript Highlights:
- My name is Jeb Bell, and I'll be laying out the summary of budget recommendations for the Public Utility
- Over the last two budget cycles, we have asked for a lot of increases in our appropriations.
- OPUC, Summary of Budget Recommendations.
- I appreciate the time to come for you all and for you to hear our budget considerations today.
- These are the budget recommendations for the Board of Chiropractic. Examiners.
TX
Transcript Highlights:
- Presentation on budget, Kelsey Sims.
- The budget for this budget is $1.00 million. Kelsey Sims is $1.00 million. Thank you, Mr. Chairman.
- These are just a list of standard budgeting changes.
- Next, we'll have the agency presentation on budget.
- budget.
TX
Transcript Highlights:
- It are a focus and a significant part of the agency's budget request.
- We'll discuss the capital budget request. You heard Mark.
- And look, you've got a big budget. This isn't even a.
- Budget correction is as big as your budget, so I look forward to working, Madam Chair, with them on that
- A budget to align budget authority with 2627 funding recommendations and then Rider 33.
TX
Transcript Highlights:
- That was depicted in the budget. Moving now to section three on page five.
- , which is a reduction of $549.4 million from the 2015 budget.
- from the 2015 budget.
- Mark Wiles, Legislative Budget Board.
- Then it kicked up to over 500 million, 500 to 550 last budget. 550 last budget, of which they're still
TX
Transcript Highlights:
- The All Funds Recommendation for the 2020-2022 budget.
- I'm AJ with the legislative budget board.
- Rider 2, Capital Budget Rider, is deleted.
- In these dams in the current budget, the base budget, we. I thought we did. How much did we?
- Item two, budget structure changes.
TX
Transcript Highlights:
- This is what you see in the budget.
- District budgets, every district has golden pennies, and so their budgets went up as a result of that
- We're a line item in the TEA budget. You're a line item in the budget. Okay.
- As a matter of fact, the entire budget is a bottom-up budget that's built off of the strategic plan.
- Teacher compensation amounts to over 55% of our district budget; however, the other 45% of our budget
TX
Transcript Highlights:
- Of course, this budget eliminates one of those sources.
- Many, many times, tough days and budget issues.
- With the Legislative Budget Board.
- , a central part of our base budget.
- In the 2018-19 biennium, all schools faced budget cuts due to a budget problem.
TX
Transcript Highlights:
- So it has become, de facto... ...part of baseline budgeting for the CFOs.
- You know, we're going through all of our budget hearings within the system.
- As we look at the state budget priorities that are outlined on slide numbers...
- Landbolding Legislative Budget Board will be presenting on the 2-0.
- There's also a benefit in it for you as budget allocators.
TX
Transcript Highlights:
- So we're not in the base budget, but we may need to be in the base budget?
- The next item on the agenda is the budget. The budget is for the fiscal year 2020-2021.
- Andrew Overmyer, Legislative Budget Board.
- My name is **Brad Kane** with the Legislative Budget Board, and I will be presenting the summary of budget
- What impact will that have on budgeting?
TX
Transcript Highlights:
- We thank the Senate for funding the agency's base budget.
- Today, I am testifying in support of the DFPS funding.
- I would like to comment today on HHSC's budget.
- Today, I am testifying in support of the DFPS L.A.
- The contract year started for the last two budget cuts.
TX
Transcript Highlights:
- I want to talk about some of the DFPS budget portions.
- I live in Flower Mound, and I'm here testifying on SB1 concerning the HHS budget, particularly the budget
- This is a great base budget.
- really just in the DFPS budget to support youth who are already in care and already in the foster care
- In the budget passed last session, Rider Number 47 instructed DFPS to... to develop a plan to transition