Video & Transcript Research : 'budget requests'
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KY
Kentucky 2025 Regular Session
2026 - 2028 Budget Preparation & Submission (5-22-25)
Transcript Highlights:
- You'll hear me say ABR, additional budget request.
- /c><00:01:47.119><c> particularly</c> budget request form uh the particularly budget request form uh
- </c> the ABRs, additional budget request. the ABRs, additional budget request.
- And uh essentially we've budget request.
- budget request, but that's those in the budget request, but that's certainly<00:10:44.720><c> something
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.
TX
Transcript Highlights:
- You have in front of you a report by the Legislative Budget Board that was issued in December of 2024
- HFCs and one of the meetings I had with stakeholders, it was requested to make HB 21 effective on an
- As I showed you, the Legislative Budget Board indicated that $15 billion in assessed values have been
- The legislative budget board mentioned that $15 billion was wiped off.
- This bill is not about budgets. This is bigger than money. It's about power.
Keywords:
housing finance, multifamily residential, low income, tax exemption, audit requirements, affordable housing, local government, development bonds, housing assistance, financial assistance, low income housing, community support, affordability, veterans housing, community involvement, air conditioning, tenant support, healthcare, elderly, taxation
TX
Keywords:
housing finance, multifamily residential, low income, tax exemption, audit requirements, affordable housing, local government, development bonds, housing assistance, financial assistance, low income housing, community support, affordability, veterans housing, community involvement, air conditioning, tenant support, healthcare, elderly, taxation
AZ
Transcript Highlights:
- The rest of the budget is almost verbatim basic budget. Yes, ma'am.
- FY 2027 budget.
- in her budget.
- 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:
- This helps you maintain your operational budget.
- We've seen an uptick in public records requests, including requests that are not part of a student's
- I think it is easy to foresee that there may be requests saying perhaps there were 20 similar requests
- You referenced an uptick in PRA requests.
- 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:
- 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
- c><01:03:46.520><c> will</c> call has been requested a roll call will call has been requested a roll
- Lead Kagel, so I will move the A4 amendment and request a roll call.
- So thank you, and I would request a yes vote on this amendment.
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
- I know that the bonding request that came out from the governor's budget was $15 million for Met Council
- So this is a budget request over and above the normal, you know, $70 million to $110 million that you
- 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:
- We are requesting a baseline budget of $6.93 million, which includes 76% or $2.64 million. from the general
- The fifth request, which does not appear in this packet, is a rider request.
- one rider request.
- and enforcement budgets.
- These are requests to increase the agency's internet bandwidth, a request to fund an FTE's enrollment
TX
Transcript Highlights:
- During the LAR process, we did request and were granted a few tweaks to our base budget.
- The total budget is $3.19 million, and Kelsey Sims is requesting $4.49 million.
- budget.
- Our base budget and general revenue total requests for the FY26-27 by... biennium is now $2.8 million
- In most budget cycles, TDI requests... you or no exceptional items.
TX
Transcript Highlights:
- We also have a list of all of the school year's 2026-27 budget requests to answer any questions you may
- He will provide you with information about the agency's budget request.
- It are a focus and a significant part of the agency's budget request.
- And that dollar request is? $175 million, sir. Okay. And so do we have a budget? Yes. Okay. Okay.
- We'll discuss the capital budget request. You heard Mark.
TX
Transcript Highlights:
- from the 2015 budget.
- Mark Wiles, Legislative Budget Board.
- I request funds to U.S.
- In your opening statement you said you were requesting 57% of your current budget. What did it cut?
- Then it kicked up to over 500 million, 500 to 550 last budget. 550 last budget, of which they're still
TX
Transcript Highlights:
- These figures set the tone for the agency's budget request and what we anticipate going forward.
- I just wanted to make sure that the agency and their budget request is keeping that in mind, and when
- Produced water, both of these are addressed in these budget requests.
- We're here to support the Parks and Wildlife budget and their exceptional items request.
- DEQ's budget requests. Second, as you can see in our written testimony that's being handed out.
TX
Transcript Highlights:
- request for the 2028-2029.
- budgets.
- The $450 million that we requested in our budget, which was capped at a 10% increase, reflects what we
- Increases included in the baseline budget request for the 28-29 biennium.
- Docking field capital budget requests and amending the teacher salary rider to include an annual stipend
TX
Transcript Highlights:
- With the Legislative Budget Board.
- For requests not included in recommendations, you can see the rider requests from AgriLife Research and
- If you look at our request, our request did not include the purchase of land or the infrastructure.
- Our first priority relative to our budget request is the restoration of UHD's institutional enhancement
- In the 2018-19 biennium, all schools faced budget cuts due to a budget problem.
TX
Transcript Highlights:
- Exceptional item requests, special projects, those types of budget priorities coming in, especially as
- So, what are our requests?
- Our next request is around the possibility of a capital or a CCAP request.
- Sam Houston requests...
- Finally, two other opportunities in our budget request that I would like to draw your attention to are
TX
Transcript Highlights:
- The agency requested to increase their capital budget.
- The agency requested to increase their capital budget authority by using student loan funds notwithstanding
- a supplemental request.
- So we're not in the base budget, but we may need to be in the base budget?
- Several sessions ago, **Senator Huffman** and **Senator Nelson** requested that the budget be scrubbed
TX
Transcript Highlights:
- Number one, place a rider request in the budget that mandates HCS group home private providers submit
- We thank the Senate for funding the agency's base budget and including the requested lab capacity and
- Number one, place a rider request.
- I would like to comment today on HHSC's budget.
- We thank the Senate for funding the agency's budget. ...and including the requested lab capacity and