Transcript Highlights:

• revolving account.
• up this revolving account for the sitcom piece. ...set up this revolving account for the sitcom piece
• We're just moving it from the Filmed in Oklahoma account over to the sitcom revolving account.
• That's... ...what kind of accounts these are going into 530A IRA accounts.
• House Bill 4072 is an accounting bill moving from one state statutory account to another. ...is an accounting

Bills: SB1290, SB1530, SB1847, HR1050, SB169, SB1377, SB1990, SB1991, SB1778, SB1579, SB1992, SB3, SB2028, SB1928, SB2127, SB2117, SB1439, SB1930, SB330, SB1191, SB2110, SB2134, SB2069, SB2095, SB1613, SB1246, SB1976, SB1346, SB1509, SB2071, SB259, SB1314

Keywords: 2-1-1 services, revolving fund, Department of Human Services, crisis pregnancy, abortion, legal funding, research funding, development rebate, Oklahoma Department of Commerce, tax incentives, higher education partnerships, Medicaid, ADvantage Waiver, home-based services, eligibility criteria, healthcare, senior services, Taiwan, Oklahoma, sister-state relationship

Transcript Highlights:

• ,</c><00:04:07.280><c> and</c> transparency, accountability, and transparency, accountability, and results
• </c> accountable, but that's a critical part. accountable, but that's a critical part.
• </c> direct accountability direct accountability um<00:07:08.000><c> you</c><00:07:08.479><c> close</
• And there should be accountability for that, and our caucus supports accountability for anyone who's
• should be accountability for should be accountability for lawbreaking.<00:23:57.760><c> We</c><00:23:

Keywords: 919, house, all

Summary: House DFL leaders held a press availability outlining a broad anti-fraud agenda focused on state programs, especially Medicaid-related services, but also unemployment and tax fraud. They said the package is intended to strengthen accountability, improve oversight, and prevent fraud before it occurs, while arguing that fraud harms vulnerable Minnesotans such as children with autism, people with disabilities, seniors, and homeless people. They also tied the problem to long-term privatization of public services, arguing that outsourcing creates more layers and opportunities for fraud, and cited examples like county case management and managed care arrangements. Specific proposals discussed included strengthening the attorney general’s Medicaid fraud control unit, creating or expanding inspector general functions, requiring more in-person site visits, using electronic visit verification, improving background checks and fingerprinting, and upgrading outdated IT systems. Members said some bills would be relatively low-cost while others would require funding, and that bills without fiscal notes might move separately while others could be folded into budget discussions. They also said the House DFL had already taken steps in prior sessions, including creating a fraud unit at the BCA and adding DHS staff for site visits. The discussion also covered the Office of Inspector General bill, with DFL members saying they support placing the office in the executive branch and that the governor should make the final appointment for constitutional reasons. They said Republicans had blocked amendments they viewed as adding fraud-prevention authority to the OIG bill, and that the governor’s staff had not been involved in working groups. On a separate bill involving disclosure requirements, they said the committee version was improved but still flawed because it could interfere with investigations; they said it would next go to the Children and Families Committee. No votes were taken in the exchange, and members said they were still early in session and hoped for more constructive negotiations later.

Transcript Highlights:

• Various restricted funds were deposited in the wrong accounts.
• Accounting procedures from municipalities set forth in state law and other accounting procedures as follows
• Various restricted funds were deposited in the wrong accounts.
• show in the accounts.
• It's sitting in that Arkansas Natural Resources account.

Summary: The committee approved the February 12 minutes and then received updates on delinquent municipal water and sewer reports, noting substantial progress in bringing cities back into compliance. Several items were deferred at the request of local officials, including Fargo’s municipal accounting code report, Jericho’s misuse of street funds matter, Biggers, Holly Grove, Gilmore, and several private water and sewer reports lacking proper responses. The committee also filed a number of reports with no questions or with resolved findings. A lengthy portion of the meeting focused on repeat audit findings and management responses. The City of Strong’s mayor described corrective steps on undeposited funds, improper use of solid waste funds, unsupported spending, IRS payroll tax issues, accounting controls, restricted fund transfers, and budget overruns; the committee commended the city’s efforts and filed the report. Calhoun County’s report, involving improper county spending for an appreciation banquet and altered receipts in the collector’s office, was also filed after discussion about educating local officials on constitutional spending limits. Other reports filed included Salem, Briarcliffe, Compton Water Association, and Montgomery County Regional Public Water Authority, while several private water reports were deferred or referred to prosecutors and the Attorney General. The committee reviewed a major regional solid waste management districts report, with significant findings for Pulaski County and Faulkner County involving unapproved payroll items, missing documentation, vehicle and cell phone use, lack of competitive bids, and weak internal controls; Benton County had fewer issues, and several districts had no findings. On motion, the Pulaski County report was deferred so district representatives could answer questions. The committee also heard from Nevada County, where unauthorized withdrawals and interlocal landfill agreement problems were discussed; the county judge said the issues were being corrected, and the report was filed. Later, the committee heard from the City of Grubbs about long-standing IRS debt and from Cross County Rural Water System about overdue audit posting and water quality problems; both witnesses described corrective efforts and ongoing funding or infrastructure projects, and the committee filed the reports after extensive discussion.

Transcript Highlights:

• AB 1365 establishes the Cal Account Program, a first-of-its-kind, zero-fee, Establishes the Cal Account
• I'm here to support Cal Account because we deserve an account gratis.
• I'm in support of Cal Account.
• I'm here to support Cal Account.
• have accounts at existing credit unions and banks moving into Cal account to ensure sufficient enrollment

Summary: The committee heard several labor-related bills, with AB 1424, AB 1340, AB 288, and AB 746 all advancing on due-pass motions to Appropriations after testimony and roll calls. AB 1424 would require climate resiliency and extreme-heat protections in CDCR facilities; supporters described dangerous heat conditions for incarcerated workers and staff, while no opposition testified. AB 1340 would allow rideshare drivers to unionize and collectively bargain; drivers, labor groups, and researchers testified that app-based work is low-paid and unstable, while TechNet, Uber, Lyft, and other business groups argued the bill conflicts with Proposition 22 and could raise costs. AB 288 would let PERB step in when federal labor remedies are unavailable; supporters said it is needed because of NLRB dysfunction, while the Chamber of Commerce raised preemption and enforcement concerns. AB 746 would create an inmate cooperative program and a green reentry reserve; supporters framed it as a recidivism-reduction and reentry strategy, and there was no opposition testimony. The committee also heard AB 858, which would extend hotel and hospitality worker recall rights after declared emergencies and extend existing COVID-era protections. Hospitality workers and unions supported the bill as a way to protect jobs after pandemics, wildfires, and other disasters, while hotel, chamber, retail, restaurant, trucking, travel, and attractions groups opposed it, saying the current recall rules were meant to sunset and that the bill would create broad liabilities and hiring complications. The bill was moved to Appropriations but remained on call after the roll. AB 291, creating a credentialed educator apprenticeship program to address teacher shortages and improve diversity, drew support from education groups and stakeholders who said apprenticeships could lower preparation costs and provide better support; it was also moved to Appropriations and placed on call. Later, the committee took up AB 1104, a solar-energy bill intended to clarify that private solar customers are not “awarding bodies” and to ease certain business-to-business solar transactions while preserving prevailing wage and apprenticeship requirements for contractors. Supporters said the current interpretation has chilled commercial solar adoption and harmed jobs, while opponents from electrical workers, PG&E, and others warned about expanded “over-the-fence” power sales and the need for clearer limits. Members questioned the lack of a definition of “small,” and the bill was held without a second. The committee also heard AB 338, which seeks $50 million for Los Angeles and Ventura wildfire workforce recovery; the author and county officials described major job loss and business destruction and said the funds would support displaced workers and rebuilding, with the testimony continuing beyond the excerpt provided.

Transcript Highlights:

• , or the money that goes into the special revenue account, and then 50% of those funds.
• , or the money that goes into the special revenue account, and then 50% of those funds.
• , or the money that goes into the special revenue account, and then 50% of those funds.
• , or the money that goes into the special revenue account, and then 50% of those funds.
• the special revenue account and into the special revenue account and then<00:08:15.840><c> 50%</c><00

Keywords: 1187, senate, all

Transcript Highlights:

• </c> HR6 is about restoring accountability. HR6 is about restoring accountability.
• </c> accountability of the governor. accountability of the governor.
• And they want accountability. accountability. accountability.
• Where is the accountability for did. Where is the accountability for that?
• . accountable. accountable.

Keywords: 1183, house

Transcript Highlights:

• So I will highlight how much is in those accounts for our different systems.
• We now have a balance of just over $11.5 million in the account.
• Then the funding deposit account... At 83.27 percent.
• It was paid off years ago from the funding deposit account early.
• They have a relatively new funding deposit account.

Keywords: 965, house, all

Summary: The Public Retirement System Actuarial Committee met on February 23, 2026, approved the December 18, 2025 minutes, and heard no public comment. The committee then reviewed actuarial valuation reports and, for most systems, accompanying experience studies. The actuaries reported generally favorable investment and demographic experience across the systems, with funded ratios improving and employer contribution rates declining in several plans. They also explained the role of funding deposit accounts, frozen unfunded liabilities in some plans, and how recent legislative changes, especially the move to five-year DROP periods in some systems, affected assumptions and costs. For the Louisiana Clerk of Court Retirement Relief Fund, the committee adopted the valuation and experience study, recognizing a fiscal 2027 minimum recommended employer rate of 14.75%. For the District Attorney’s Retirement System, it adopted the valuation and experience study and recognized a fiscal 2027 minimum rate of 3.00%. For the Firefighters’ Retirement System, the committee adopted the valuation and experience study, recognized a fiscal 2027 minimum rate of 25.5%, and noted that DROP balances left on deposit will earn the market rate of return of 11.7%. The committee also adopted the Municipal Employees’ Retirement System valuation for both Plan A and Plan B, recognizing fiscal 2027 minimum rates of 20.75% and 8.75%, respectively. It adopted the Municipal Police Employees’ Retirement System valuation and experience study, recognizing a fiscal 2027 minimum rate of 26.5%, a DROP crediting rate of 7.4%, and a policy range up to 29.35% for future contributions. For the Registrars of Voters Employees’ Retirement System, the committee adopted the valuation and experience study, recognized a fiscal 2027 minimum rate of 0%, and noted a $207,683 allocation to the Member Supplemental Savings Fund for fiscal 2026. Finally, it adopted the Sheriff’s Pension and Relief Fund valuation and experience study, recognizing a fiscal 2027 minimum rate of 7.75%. All motions passed without objection, and the meeting adjourned.

Transcript Highlights:

• ><c> will</c><00:46:25.600><c> handle</c> fewer accountants that will handle fewer accountants that will
• The Director said most accounting programs do not spend much time on government audit or government accounting
• Computerized accounting doesn't—it’s a leap of faith.
• We heard earlier that the GAAP-based accounting was a challenge GAAP-based accounting was a challenge
• Johnson County has a $38 million cash reserve account. Excuse me, cash reserve account.

Keywords: 916, all

Transcript Highlights:

• </c><00:48:26.160><c> transparent</c> should be held accountable transparent should be held accountable
• </c><01:13:41.639><c> and</c> standards of accountability and standards of accountability and transparency
• hold charters accountable.
• </c> how they hold authorizers accountable how they hold authorizers accountable and<01:17:51.639><c>
• </c><01:20:54.440><c> is</c> 1994 um and so um the accountability is 1994 um and so um the accountability

Keywords: 1187, senate, all

Transcript Highlights:

• revolving account.
• year to set up this revolving account for the sitcom piece. ...set up this revolving account for the
• We're just moving it from the Filmed in Oklahoma account over to the sitcom revolving account.
• to pull money from those accounts?
• House Bill 4072 is an accounting bill moving from one state statutory account to another.

Summary: The House considered and advanced a large package of bills, many on joint committee reports, with most measures passing by wide margins and several emergency clauses approved. Early debate centered on HB 4036, which moved $5 million from an existing filmed-in-Oklahoma account to a new revolving fund for the “Bringing Sitcoms Home from Hollywood” pilot program. Supporters said the money was surplus, still controlled by the film office, and intended to create jobs and a strong return on investment; opponents questioned whether the funds should instead go to other state needs and whether the program had enough workforce and infrastructure. The bill passed 53-42, but its emergency failed. The House also passed HB 471, which creates state support for federal “Trump accounts” for children under 18, after debate over federal control, investment risk, and whether the $12.5 million could be better spent on child care, schools, or other services; it passed 61-30 and the emergency failed 62-27. Several education, transportation, and public safety measures then moved through with little or no opposition. HB 4030, described as the education limits bill, passed 93-1 with its emergency. HB 4065 and HB 467 each appropriated $93,000 for security at the Oklahoma School of Science and Mathematics and the Schools for the Blind and Deaf, respectively, and both passed unanimously or near-unanimously with emergencies. HB 4038 directed $5 billion for the eight-year transportation plan and $266,000 for safer school zones; HB 4048 transferred PREP funds to three road projects; and HB 4031 moved up to $41 million into the long-term aerospace and aeronautic stability fund. HB 4047, which used PREP funds for a rural economic development project, fairgrounds upgrades, and university energy improvements, drew the most discussion over whether the spending was truly rural-focused, but passed 81-11 with the emergency approved. The House also approved a series of capital, justice, health, and workforce-related bills. These included HB 452 to buy the Service Oklahoma building it currently occupies; HB 4041 for a two-year trafficking victim pilot program and public safety technology; HB 4056 and HB 4057 for OSBI and narcotics headquarters/warehouse facilities; HB 4044 for current National Board Certified Teachers; HB 4032 on mining fees and agreement language; HB 4034 to raise court reporter compensation; HB 4050 reducing employer contributions while keeping retirement funds growing; HB 4053 and HB 4054 for flagship university capital projects; HB 4072, a public finance/accounting measure involving the Invest in Oklahoma Board and Revenue Stabilization Fund mechanics; HB 4045 and HB 4046 creating military-related funds to support bases and BRAC-proof installations; HB 4040 establishing oversight and a revolving fund for rural health transformation federal money; and HB 4051 clarifying legislative control over the FMAP rate preservation fund. Most of these passed with strong bipartisan support and emergency clauses, and the chamber ended with announcements of committee meetings before adjourning until April 15, 2026.

Transcript Highlights:

• accounts.
• The repealed accounts are the climate investment account, the climate commitment account, and the natural
• climate solutions account.
• of the new accounts.
• into the capital account.

Summary: The committee first heard a briefing on the proposed Senate capital budget, Substitute Senate Bill 6003, which would spend about $723 million total using debt-limit bonds, Climate Commitment Act funds, and other cash resources. Staff described major investments in housing and homelessness, human services, local infrastructure, flood response, water conservation and clean energy, K-12 school modernization and seismic work, and higher education projects. Members then took public testimony from a wide range of advocates and project sponsors, most of whom urged the Senate to preserve or increase funding for specific projects in the final budget, including affordable housing, permanent supportive housing, child care facilities, food banks, behavioral health and substance use treatment centers, tribal courthouse relocation, school modernization, community colleges, university projects, floodplain restoration, community forests, and local civic or cultural facilities. Several witnesses also asked the Senate to match or approach House funding levels on items such as the Housing Trust Fund, permanent supportive housing, the Community Forest Program, Floodplains by Design, and CCA-supported clean energy and water projects. The chair noted that amendments to the capital budget were due the next day at noon. The committee then received a briefing on Engrossed Second Substitute House Bill 2251, which would restructure Climate Commitment Act accounts by repealing three existing accounts and replacing them with two new accounts: a CCA operating account and a CCA capital account. Staff explained that the bill would preserve most existing uses while changing revenue distribution formulas, capping Ecology administrative costs, expanding allowable uses for EV-related costs, housing, and carbon capture/sequestration, and changing reporting and tribal consultation provisions. The bill also shifts some reporting from annual to biannual and modifies the thresholds for tribal-supported and overburdened-community investments. The fiscal note was described as relatively small, with the main impact being the revised revenue allocation structure. Public testimony on the CCA bill was mixed. Supporters, including the League of Women Voters, said the restructuring better aligns spending with the intent of the CCA and could improve investments for tribes and overburdened communities. Critics, including the Washington Policy Center, argued the bill still lacks strong requirements to ensure CCA spending is effective and objected to reducing the frequency of the state’s climate-spending report. No votes were taken during the portion of the meeting provided.

Transcript Highlights:

• Welcome to the Assembly Budget Subcommittee on Accountability and Oversight.
• We can't have an honest conversation about accountability if state agencies are not... are held accountable
• Accountability website has, which is just people served.
• Do you feel that you've gotten a full accounting?
• dollars for people who are not accountable and and when I say accountable I don't mean just give us some

Keywords: 988, house, all

Transcript Highlights:

• </c> access some of their dedicated accounts access some of their dedicated accounts to<00:14:56.440>
• The game management account is also a dedicated account in 206:34-b, and the way that account works,
• I do not know what account they're in in our department. They're not in any account.
• I do not know what account they're in in our department. They're not in any account.
• I do not know what account they're in in our department. They're not in any account.

Keywords: 928, house, all

Summary: The Finance Division II work session focused on Fish and Game’s budget-revenue proposals and several statutory changes the department said it needs to support its operations. The department recommended raising the fisheries habitat fee and wildlife habitat fee to $5 each, estimating additional annual revenue of about $640,000 and $144,000 respectively. Members clarified that these are habitat fees added on top of licenses, not reduced by senior or youth license categories, and discussed the need for RSA changes to allow the revenue to be transferred into the Fish and Game Fund. The department also said it would work internally on any broader license fee increases through the commission process. The committee then reviewed proposals to cap several dedicated accounts and transfer excess balances to the unrestricted Fish and Game Fund. Those accounts included the fisheries and wildlife habitat funds and the game management account, with the department proposing a $750,000 cap on each and transfer of amounts above that threshold. The department said the cap was based on several years of expenditures and the fact that dedicated funds are often used as match for federal funds. Members asked for reports on fund activity and questioned whether the cap and mandatory transfer language should be “shall” or “may,” with the department indicating it would prefer “may” for flexibility. The committee also discussed a Pheasant Management Program account, where the department said current law limits use of the money to buying and propagating pheasants and it wants authority to use it for broader program management. A substantial portion of the meeting addressed Fish and Game’s environmental review unit and the transfer of ARPA-funded positions to DEES under the governor’s initiative. The department said four positions are currently ARPA-funded, that DEES supports keeping them in place through the end of the year, and that the transition will require time because environmental review work is intertwined across the agency. The department explained that before the ARPA positions, biologists handled the work and that current staffing has helped eliminate a backlog and meet deadlines. Members also discussed a proposal to expand environmental review fees beyond private developers to state, federal, municipal, and local governments, with the department saying it would need rulemaking and stakeholder input. Additional requests included authority to conduct raffles to raise funds, creation of a revolving account for donations and raffle proceeds, and repeal of the obsolete fish food sales statute because the vending machines are no longer functional and the account generates no revenue.

Transcript Highlights:

• While it appears on the financial statements as revenue, this account is not a fee-driven account.
• account.
• in this umbrella account.
• has an account within this umbrella<00:25:13.120><c> account.
• That's the RIMS account.

Keywords: 928, house, all

Summary: The Joint Committee on Dedicated Funds met to review the House budget provision that would impose a 5% administrative charge on a broad list of dedicated funds, with some exemptions. Members discussed the House approach versus the Senate’s more general approach of leaving the governor discretion over which funds could be charged. The chair explained the committee was hearing from agencies about any legal, contractual, or practical reasons their funds should be exempt, and the agenda was expanded to include several departments and written submissions from others. The Department of Education testified first, identifying several funds it said should be exempt: a printing revolving fund that is funded by transfers rather than fees; teacher certification, which is self-funded by educator licensing fees and would require an immediate fee increase if charged; a vending stand set-aside tied to the federal Randolph-Sheppard program and subject to federal approval and vendor committee procedures; and a public school infrastructure/safety account, where most revenue is transferred from the education trust fund or general fund rather than generated by fees. Members questioned the department about the effect on school safety projects and whether the fee would simply reduce the number of projects completed each year. The Veterans Home asked for exemptions for three funds: a donation benefit account used for recreational activities and quality-of-life expenses for residents, a small memorial trust fund whose interest supports veteran activities, and a resident member account that holds veterans’ personal income such as Social Security and pensions. The department argued the charge would reduce donations, cut services, and effectively function like an income tax on vulnerable veterans. The Banking Department also requested exemption for its consumer credit administration license fund, saying it is used to keep exam fees low and is expressly intended by statute to reduce costs on regulated businesses; it said the 5% charge would undermine that framework and could eventually force higher fees. The Department of Justice began testimony on its dedicated funds, starting with the medical legal investigative fund, which pays for death investigations and related services under statute and without general fund support. No votes or final actions were taken in the portion of the meeting provided; the committee mainly heard testimony and asked questions about the practical and legal effects of applying the administrative charge.

Transcript Highlights:

• :04.400><c> accountability.
• </c> went to local accountability and action. went to local accountability and action.
• </c> assessment of an accountability model. assessment of an accountability model.
• </c> accountability model for those folks. accountability model for those folks.
• </c> big part of our accountability model. big part of our accountability model.

Keywords: Meeting Start: 00:00:12 Attendance Roll Call: 00:00:33 Kentucky’s New Assessment and Accountability Model Update: 00:03:50 Federal Education Policy and Its Impact on States: 01:00:55 Educational Leadership Training Opportunities in Kentucky: 01:26:44 Consideration of Referred Administrative Regulations: 02:10:38 Adjournment: 02:13:57, 958, all

Summary: The Interim Joint Committee on Education met for its first interim meeting and established a quorum before taking up its first topic, Kentucky’s new assessment and accountability model. Commissioner Robbie Fletcher, joined by KDE staff and superintendents, described a multi-year effort involving the Kentucky “Now We Learn” Council, more than 50 educators and stakeholders, at least 18 pilot districts, surveys, focus groups, town halls, and four prototype frameworks. He emphasized three priorities for the new model: vibrant learning experiences, innovation in assessment, and collaboration with communities. Fletcher said the state accountability portion would continue to meet federal requirements and identify CSI/TSI/ATSI schools, while shifting toward more emphasis on individual student growth, grade-level equivalency in reading and math, career and technical education, graduation rate, and English language proficiency. He also said science would remain a required assessment but be reported separately rather than counted in the CSI/TSI calculation. He stressed that the model should focus on growth, local flexibility, and meaningful measures that reflect community expectations, while still preserving a statewide framework. The committee also heard from Bullitt County superintendent Jesse Bacon, who described his district’s local accountability work. He said Bullitt County formed a community coalition with broad representation from across the district, business leaders, and community members, met six times during the school year, and worked toward a public-facing dashboard that would show community expectations, evidence of accountability, and areas for improvement. Bacon said the district identified six community-defined pillars, beginning with student learning and foundational academic knowledge, as part of a system intended to communicate strengths and improvement areas to the public.

Transcript Highlights:

• This bill also improves the accountability system by modifying the accountability refresh process so
• A data and accountability nerd.
• First, on accountability.
• To review assessment items and accountability indicators, and we strongly urge that the accountability
• Educators are not afraid of accountability.

Bills: HB8

Keywords: HB 8, Texas public school accountability, school accountability, public school transparency, STAAR, state assessments, instructionally supportive assessment program, Student Success Tool, Texas Education Agency, TEA, accountability ratings, A-F ratings, through-year assessment, benchmark testing, norm-referenced assessment, college career military readiness, CCMR, local accountability plan, school district performance, campus turnaround

Transcript Highlights:

• We do use an outside accountant.
• It goes into the bank accounts. It's accounted for.
• Accounting is cost basis.
• After receiving allegations of missing funds, the district court bank account and accounting records
• The district court bank account and accounting records were not maintained in accordance with Arkansas

Keywords: 1204, all

Transcript Highlights:

• . accounts. accounts.
• </c> accountability issue. accountability issue. &gt;&gt; Accountability. &gt;&gt; Accountability.
• So how we going to hold them accountable? accountable? accountable?
• </c> held accountable to. held accountable to.
• accountable? accountable?

Keywords: MS House Floor - 15 January, 2026; 10:00 AM, 925, all

Transcript Highlights:

• The first accounting unit actually is the public specialty account, and that is the account that we use
• Account 2120 is the main account in public affairs. It houses most of the people in the account.
• We have the game management account, which also is a dedicated account.
• So this account has been around for many, many, many years, and it’s a dedicated account.
• So this account has been around for many, many years, and it’s a dedicated account.

Keywords: 928, house, all

Summary: The committee heard a presentation from the University System of New Hampshire chancellor on the system’s budget, enrollment, finances, workforce role, and response to federal policy changes. The chancellor said the governor’s recommended budget would reduce university system funding by about $16.5 million over the biennium, or roughly 8.3%, and asked that state funding be held at the governor’s level. She described planned cost reductions already underway, including lower headcount, reduced benefits and retirement contributions, property sales, and lease reductions, and said the system expects to remove about $20 million from its cost structure in fiscal year 2026. A large portion of the discussion focused on enrollment and finances. The chancellor said fall 2024 enrollment was about 23,000, with New Hampshire enrollment increasing for the first time since 2013, and noted that the system remains a major workforce pipeline, with about 3,000 graduates entering the state workforce each year. She explained that net tuition has fallen over time because of declining enrollment and increased financial aid, while research grants and contracts have grown significantly. She also walked through endowment funding, explaining that payouts are based on a 12-quarter rolling average and are intentionally smoothed to reduce volatility; members asked for follow-up information on payout comparisons, administrative salaries, headcounts, and compensation per student. Members questioned the university about the relationship between state support, tuition, endowments, and research spending. The chancellor said the system has used state capital support to leverage major investments, including the UNH Life Sciences building, Plymouth’s Hyde Hall, and the Olson Advanced Manufacturing Center, and described partnerships with businesses such as Lonza and regional manufacturers. She also explained a long-running New Hampshire 529-related revenue stream that has built endowment support for scholarships, and said the system’s endowment now totals about $988 million. In response to questions about possible cuts, she said the system is considering academic program sharing, consolidation of specialties, online delivery, AI-assisted administrative efficiencies, and footprint reductions, but declined to name specific programs. The committee also discussed DEI-related issues and federal grants. The chancellor said the system is reviewing executive orders and a U.S. Department of Education Dear Colleague letter, and that general counsel is working through websites, programs, and more than 1,200 federal grants to ensure compliance. She said the system spends about $3 million on what it calls DEI-related offices and services, but emphasized that these services include disability support, veteran support, Title IX, ADA, and employment-law compliance, and that the system does not have race-based programs, separate housing, or separate graduation ceremonies. She reported that the system had received stop-work orders on four federal grants totaling about $700,000 and warned that reductions in federal direct or indirect costs could affect research, jobs, and innovation.

Transcript Highlights:

• accounting law, Arkansas Code 14-59-101 through 119.
• Bank accounts were not reconciled monthly.
• Bank accounts were not reconciled monthly.
• In our general fund, we have two CDs, we have a savings account, and we have a checking account.
• In our general fund, we have two CDs, a savings account, and a checking account.

Keywords: 1204, all