Video & Transcript Research : 'cost allocation'

Page 66 of 500
TX

Texas 89th Regular

Appropriations - S/C on Articles I, IV, & V Feb 25th, 2025

Appropriations - S/C on Articles I, IV, & V

Transcript Highlights:
  • Number three, cost of. Effective commercial paper issuance.
  • This means higher medical costs over the next biennium.
  • We went into operations in 1997 to get workers' compensation costs under control.
  • Medical cost inflation is a very big thing. We didn't do that by denying claims.
  • You're not having to allocate that fund.
Keywords: 1184, house, all
MN

Minnesota 2025-2026 Regular Session

Minnesota House passes SF2884, the Minnesota State Retirement System pensions bill 5/19/25

Minnesota House Floor Meeting

Transcript Highlights:
  • <00:04:05.519> some we were able to allocate some we were able to allocate some investments
  • allocation and adjustments.
  • of living allocation and adjustments. of living allocation and adjustments.
  • It almost cost him his life.
  • It almost cost him his life. long. It almost cost him his life.
Keywords: 1183, house
CA
Transcript Highlights:
  • So to the first part of your question about funding, the $20 million was allocated by the Legislature
  • So ag tech and other solutions could change the cost structures and what have you.
  • Am I reading that right in terms of the additional costs?
  • Am I reading that right in terms of the additional costs?
  • Am I reading that right in terms of the additional costs? Thank you.
Keywords: 987, senate, all
Summary: The subcommittee heard informational updates and budget requests from the Governor’s Office of Business and Economic Development (Go-Biz), the California Office of the Small Business Advocate (CalOSBA), and the California Film Commission. Go-Biz Director D.D. Myers described the California Jobs First strategy, including regional economic planning, sector working groups, and investments in priority industries such as ag-tech, space and defense, life sciences, semiconductors, and microelectronics. She also outlined budget proposals for a five-year extension of the CalCompetes tax credit, support for export promotion, additional staffing for the film tax credit program, innovation and emerging technologies work, and the new California brand campaign. Senators questioned the campaign’s purpose, its relationship to tourism promotion, and whether it could obscure regulatory and business-climate concerns; Myers said it was intended to counter misinformation, promote California’s economic strengths, and support business attraction and retention, not to shut down debate about policy challenges. CalOSBA Deputy Director Claire Whitmer and program partners reported on the California RISE program, the Performing Arts Equitable Payroll Fund, and technical assistance/capital infusion programs. CalOSBA said RISE’s first cohort awarded $16.9 million to 61 employment social enterprises, which collectively expanded operations and employment for people facing barriers to work; a second round is being launched with updated services and a new grant administrator. The Performing Arts Equitable Payroll Fund fully distributed $11.6 million to 100 recipients, but witnesses said demand far exceeded available funding and that the sector remains fragile after the pandemic and AB 5-related cost increases. The technical assistance and capital programs were described as serving more than 112,000 businesses in the last year, helping start 3,780 new businesses and leverage significant loan and equity capital, with emphasis on outreach to women-, minority-, veteran-, rural-, and low-wealth-owned firms. Committee members focused on whether these programs produce durable outcomes and reach underserved communities. One senator asked for longitudinal data on employment social enterprises and whether jobs created through incentives persist over time; CalOSBA said it would provide prior studies and future tracking. Another senator pressed for more outreach and support for small businesses at different stages of development, especially those in disadvantaged communities that may struggle to access capital. The California Film Commission then presented a request for three permanent positions and ongoing funding to administer the expanded film and television tax credit program. Commissioners said the program is tracking demographic and career-pathway data, with about 90% of productions opting into new diversity provisions and reporting due to the Legislature in 2027. The LAO supported the film commission staffing request given the larger program size and expanded applicant pool. No votes were taken; the items were informational or budget requests under review.
CA

California 2025-2026 Regular Session

Assembly Human Services Committee Apr 23rd, 2026

Human Services

Transcript Highlights:
  • So the bill itself, you've changed the allocation of the percentage. All right.
  • Again, this is not costing the taxpayer or anything.
  • Again, this is not costing the taxpayer or anything.
  • This was something that costs people more than their mortgage: child care.
  • This is something that costs people more than their mortgage: child care.
Keywords: 988, house, all
MN

Minnesota 2025-2026 Regular Session

Requiring MMB to include fraud impacts in budget forecasts 3/3/26

Minnesota House Floor Meeting

Transcript Highlights:
  • our forecast as to the cost of fraud.
  • in our forecast as to impact cost-wise in our forecast as to the<00:01:40.080> cost<00:01:40.480
  • So, uh the good news the cost of fraud.
  • So, as we look at what is the true cost So, as we look at what is the true cost of<00:02:41.200>
  • cost, it has a long and ongoing cost cost, it has a long and ongoing cost because<00:09:10.080><
Keywords: 1183, house
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.
AZ

Arizona 2026 Regular Session

03/25/2026 - House Appropriations

Appropriations

Transcript Highlights:
  • These outcomes also represent an opportunity to reduce healthcare costs.
  • That ended up costing the state taxpayers of Arizona more than $350 million.
  • Because they saw a need from an access standpoint to save costs on reentry.
  • I am concerned about the cost.
  • There was a number of bills that allocated money out of the fund.
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 03/03/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • <00:20:38.960> to um rather than levying a cost to um rather than levying a cost to Minnesota
  • If there is any excess after that, it will be allocated in proportion to years of service.
  • If there is any excess after that, it will be allocated in proportion to years of service.
  • <01:18:45.360> No for allocating surplus funds. No for allocating surplus funds.
  • It would then allocate the assets to the members in proportion to their present value.
Keywords: 1187, senate, all
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Housing Jun 21st, 2026 at 01:00 pm

Joint Committee on Housing

Transcript Highlights:
  • About five minutes of testimony for your remarks, and then we're going to allocate about another five
  • Some of them cost. A lot of different things at once.
  • Add in the skyrocketing cost of childcare, groceries, transportation, and everything else.
  • Can you talk a little bit about some of the costs out there, particularly in the materials cost, what
  • out there can you talk a little bit about some of the cost out there particularly in the materials cost
Keywords: 995, all
Summary: The Joint Committee on Housing held its second introductory hearing to frame the session’s housing agenda. Chairs Cyr and Haggerty described the hearing as a chance to hear a wide range of perspectives on Massachusetts’ housing crisis, including underbuilding, zoning and permitting barriers, rising costs, and the need for both state and local action. The committee heard from court, municipal, advocacy, and regional housing leaders, with recurring themes of increasing supply, preserving existing housing, preventing displacement, and expanding resources for renters and homeowners. Chief Justice Diana Horan of the Housing Court said the court is handling more than 40,000 new filings annually with only 15 judges, and estimated the court would need about 21 judges to meet demand. She described complications from RAFT-related stays, mental health and guardianship issues, aging housing stock, and the new eviction sealing law, which she said was being implemented smoothly but may require additional resources if filings continue to rise. The Massachusetts Municipal Association and MAPC emphasized that municipalities need flexibility, funding, and better tools such as MassWorks, Housing Works, H-DIP, 40R reforms, inclusionary zoning changes, and a local option transfer fee; they also said local control concerns and long permitting timelines remain major barriers. MAPC and others stressed that supply growth alone will not solve the crisis and urged continued support for subsidized housing, access to counsel, and modular/off-site construction. Advocates and housing providers focused on displacement, preservation, and tenant protections. Homes for All Massachusetts and Mass Law Reform Institute called for rent stabilization, stronger tenant protections, foreclosure prevention, elimination of junk fees, continued funding for RAFT and HomeBASE, and expanded access to counsel. Mass Union of Public Housing Tenants said the state needs far more extremely low-income housing, more operating subsidy, and major investment to repair public housing, while also supporting tenant technical assistance during redevelopment. Franklin County’s housing authority warned that rural communities are being left out of many state programs and asked for a rural LIHTC set-aside, a permanent rural credit boost, and a review of housing choice programs. A Massachusetts Taxpayers Foundation researcher presented findings that communities that add housing generally see stronger municipal finances, and that housing growth can improve property tax and state aid outcomes. Seasonal community representatives from Cape Cod, Martha’s Vineyard, and Nantucket described extreme affordability pressures and the need for tailored tools. Nantucket’s housing trust chair said the island has made progress through local funding, inclusionary zoning, and deed-restricted units, but still needs a real estate transfer fee and faster ways to preserve year-round housing. Across the hearing, members and witnesses repeatedly returned to the need for a mix of production, preservation, tenant protections, and local flexibility, rather than relying on any single policy solution.
AL

Alabama 2025 Regular Session

Alabama Senate May 6th, 2025

Alabama Senate Floor Meeting

Bills: SB 66, SB 317, SB 393, SB 397, SB 456, SB 614, SB 628, SB 629, SB 636, SB 715, SB 731, SB 801, SB 872, SB 905, SB 986, SB 1012, SB 1013, SB 1015, SB 1032, SB 1113, SB 1181, SB 1212, SB 1241, SB 1250, SB 1278, SB 1285, SB 1376, SB 1444, SB 1449, SB 1524, SB 1525, SB 1528, SB 1556, SB 1588, SB 1660, SB 1704, SB 1708, SB 1802, SB 1833, SB 1844, SB 1854, SB 1863, SB 1957, SB 1959, SB 1965, SB 1999, SB 2035, SB 2056, SB 2082, SB 2119, SB 2138, SB 2165, SB 2199, SB 2201, SB 2203, SB 2245, SB 2284, SB 2419, SB 2422, SB 2452, SB 2487, SB 2523, SB 2529, SB 2533, SB 2541, SB 2586, SB 2595, SB 2605, SB 2615, SB 2675, SB 2690, SB 2717, SB 2753, SB 2778, SB 2835, SB 2841, SB 2891, SB 2929, SB 2933, SB 3016, SB 3039, SB 3044, HB 912, HB 2525, SJR 3, SB 5, SB 29, SB 326, SB 494, SB 530, SB 769, SB 783, SB 963, SB 1238, SB 1271, SB 1786, SB 1967, SB 2312, SB 72, SB 616, SB 1143, SB 1172, SB 1267, SB 1273, SB 1506, SB 1759, SB 2361, SB 1, SB 260, SB 1637, SJR 36, SJR 50, SJR 63, SJR 59, SCR 12, SCR 39, SCR 48, SCR 19, SB 2023, SB 1524, SB 2422, SB 2119, SB 2753, SB 1863, SB 62, SB 666, SB 847, SB 284, SB 854, SB 1073, SB 810, SB 1505, SB 583, SB 507, SB 1434, SB 1376, SB 1772, SB 2016, SB 1163, SB 1122, SB 731, SB 397, SB 508, SB 1436, SB 287, SB 261, SB 1882, SB 393, SB 1791, SB 209, SB 2429, SB 1999, SB 511, SB 2309, SB 510, SB 1085, SB 1975, SB 2717, SB 1262, SB 636, SB 2056, SB 884, SB 517, SB 1200, SB 1845, SB 2681, SB 2199, SB 2458, SB 801, SB 2533, SB 3014, SB 3013, SB 758, SB 1013, SB 2797, SB 2076, SB 2876, SB 2284, SB 2929, SB 2595, SB 715, SB 1640, SB 1241, SB 2538, SB 1449, SB 2529, SB 986, SB 1181, SB 1359, SB 2245, SB 410, SB 1234, SB 456, SB 1012, SB 2926, SB 2138, SB 2615, SB 2972, SB 2841, SB 3016, SB 1856, SB 2035, SB 1528, SB 1373, SB 672, SB 2891, SB 1854, SB 317, SB 2539, SB 2532, SB 1250, SB 2082, SB 2203, SB 1285, SB 1959, SB 1454, SB 2520, SB 2541, SB 1708, SB 1237, SB 1844, SB 1586, SB 3039, SB 2819, SB 66, SB 629, SB 1015, SB 2342, SB 2903, SB 2933, SB 1965, SB 2477, SB 3029, SB 2605, SB 2419, SB 1957, SB 375, SB 250, SB 777, SB 628, SB 2523, SB 2367, SB 2703, SB 2608, SB 2778, SB 3044, SB 2965, SB 2521, SB 865, SB 1032, SB 2165, SB 2501, SB 2675, SB 2452, SB 2835, SB 872, SB 1212, SB 1278, SB 1588, SB 1602, SB 1704, SB 1723, SB 1833, SB 1858, SB 1946, SB 2009, SB 2177, SB 2460, SB 2785, SB 2373, SB 1660, SB 614, SB 867, SB 1608, SB 1525, SB 905, SB 640, SB 2487, SB 1698, SB 383, SB 705, SB 748, SB 1113, SB 1117, SB 1802, SB 2340, SB 2586, SB 2680, SB 2690, SB 2994, SB 2747, SB 1950, SB 913, SB 1071, SB 1086, SB 1087, SB 1483, SB 1444, SB 1553, SB 1556, SB 1703, SB 2133, SB 2297, SB 2298, SB 2622, SB 2955, SB 3059, SB 2782, SB 2781, SB 2637, SB 2633, SB 2337, SB 2334, SB 1861, SB 2043, SB 1367, SB 946, SB 945, SB 2857, SB 128, SB 571, SB 1263, SB 3058, SB 612, SB 2221, SB 2587, SB 2044, SB 2363, SB 2713, HB 1109, HB 1392, HB 22, HB 2525, HB 3093, HB 517, HB 912, HB 1130, HB 142, HB 1689, HB 2018, SB 2311, SB 1986, SB 2565, SB 2943, SB 1888, SB 2417, SB 3048, SB 3052, SB 3053, SB 3036, SB 3057, SB 3056, SB 3043, SB 3037, SB 3050, SB 3063, SB 3047, SB 3035, HJR 98, HJR 99, HB 136, HB 2884, HB 1393, HB 2730, HB 1399, HB 1244, HB 467, HB 331, HB 2559, SB 66, SB 456, SB 628, SB 1012, SB 1015, SB 1032, SB 1241, SB 1376, SB 1708, SB 1959, SB 1965, SB 2035, SB 2199, SB 2245, SB 2284, SB 2419, SB 2523, SB 2529, SB 2541, SB 2595, SB 2605, SB 2778, SB 2933, SB 3039, SB 3044, SB 1524, SB 1863, SB 2119, SB 2422, SB 2753, SB 1844, SB 2533, SR 417, SR 500, SR 501, SR 502, HCR 128, HB 23, HB 45, HB 104, HB 519, HB 748, HB 791, HB 1056, HB 1481, HB 3181, HB 3211, HB 4044, HB 4290, HB 23, HB 45, HB 104, HB 519, HB 748, HB 791, HB 1056, HB 1481, HB 3181, HB 3211, HB 4044, HB 4290
NH

New Hampshire 2025 Regular Session

Senate Finance (05/28/2025)

Finance

Transcript Highlights:
  • <00:38:19.119> Um costing it. It has not come back yet. Um costing it.
  • The cost per year then bianium.
  • also total cost 5.2 million total cost also total cost 5.2 million total cost each<01:40:09.520>
  • So you know bianium and total cost.
  • It's going to cost them a written.
Keywords: 1191, senate, all
FL

Florida 2026 4th Special Session

January 14, 2026 - 08:00 AM

Transcript Highlights:
  • The cost model includes allocations for design, development and implementation.
  • But that would incur some costs as well.
  • costs go up.
  • That was an 18 million other costs.
  • We did not like that cost mind you and said we negotiate a lower costs, which is a 10.7 million dollars
ND

North Dakota 2026 1st Special Session

Legislative Audit and Fiscal Review Committee Jun 17th, 2026 at 10:00 am

Legislative Audit and Fiscal Review Committee

Transcript Highlights:
  • So, Allison, you just look at the state allocation?
  • There was a survey that was conducted before I started that cost quite a bit of money.
  • The only numbers that were reported there was an estimation of the cost of future meals at no cost to
  • So it's not, you know, not everybody's getting the same allocation.
  • For a computer that probably costs about $800.
Keywords: 908, all
WA

Washington 2025-2026 Regular Session

Joint Committee on Employment Relations May 8th, 2026 at 10:00 am

Joint Committee on Employment Relations

Transcript Highlights:
  • And we'll advise on the estimated cost of the tentative agreements and awards in another slide.
  • And then we just wanted you to remember where we were last time and what the cost of the award.
  • We know that the top barrier to post-secondary education is cost.
  • We know that the top barrier to post-secondary education is cost.
  • Based on structural criteria such as comparability, cost of work,...
Keywords: 904, all
Summary: The Joint Committee on Employment Relations met on May 8, 2026, to receive updates on upcoming collective bargaining for the 2027–29 biennium. OFM’s Jenny Sheehan reviewed the state workforce, noting that most employees are represented, the workforce remains constrained by hiring limits and civil service rules, and bargaining goals include financially feasible agreements, maintaining labor relations, supporting an inclusive workplace, and addressing issues such as AI use, leave, and immigration-related workplace protections. She also outlined the bargaining calendar, the role of the June revenue forecast in determining what compensation proposals can be funded, and the need to reach tentative agreements by September 2026 for October 1 submission and legislative consideration. She described recent bargaining themes from unions, including limits on AI, expanded leave, access to union members in hybrid workplaces, and classification changes, and she summarized prior-cycle costs, including about $1.2 billion in general funds and $1.7 billion in total funds for 2025–27 awards, excluding the delayed WPEA agreements that were later funded after a return to bargaining. The committee then heard from Western Washington University and the University of Washington on higher education bargaining. Western described its locally bargained contracts, the importance of re-opener clauses tied to state budget decisions, and concerns about the instability of the state “fund split,” which shifts compensation costs between state funds and tuition revenue. Western also emphasized that student employees are increasingly central to retention and urged inclusion of student compensation in the wage base. UW similarly described its large and diverse workforce, the split between RCW 41.56 and 41.80 bargaining frameworks, and the reliance on state funding, tuition, and other revenue sources to cover compensation increases. UW highlighted the financial strain of the fund split, the lack of state funding for academic student employee compensation, and the impact of rising ASE costs on class sizes and the university’s teaching and research missions. OFM also presented on Washington Management Service bargaining, explaining that only certain WMS employees are covered, that bargaining began in 2024, and that current agreements include addenda for WMS-specific provisions. The presentation noted that WMS bargaining is still limited in scope, with only a few represented units, and that compensation bargaining generally covers band minimums and maximums rather than all salary levels. Finally, OFM reviewed interest arbitration rules for certain state employee groups, explaining that arbitration is available for some essential-service and statutorily covered employees, that arbitrators decide disputed contract language based on statutory criteria, and that awards still must be found financially feasible by OFM. Committee members asked about PFML treatment, the timing of arbitration, and the budget pressures facing bargaining, and the meeting adjourned without any votes or formal actions.
NH

New Hampshire 2026 Regular Session

Senate Finance (04/14/2026)

Finance

Transcript Highlights:
  • We try to allocate those costs so that the supervisor, or whatever the scenario may be, or contract over
  • We try to allocate those costs so unit.
  • We try to allocate those costs so that<00:09:07.040> the<00:09:07.120> supervisor<00:09
  • >> So in other words, it’s not the actual cost of administration, isn’t the cost of the program, right
  • follow and there is a cost to do that. follow and there is a cost to do that.
Keywords: 1191, senate, all
MN

Minnesota 2025 1st Special Session

Committee on Education Finance - 04/09/25

Education Finance

Transcript Highlights:
  • administrative allocation administrative allocation from.3%<00:08:13.120> of<00:08:13.840
  • <00:08:21.360> of administrative allocation of administrative allocation of $1,679,000<00:
  • In the absence of this extension, costs.
  • clarifying when uh administrative costs clarifying when uh administrative costs uh<00:57:01.839>
  • . like pupil counts or actual costs.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Committee on Capital Investment - 03/10/26

Capital Investment

Transcript Highlights:
  • So, that would be a cost that currently.
  • <00:43:24.960> $3.5 design of this project will cost $3.5 design of this project will cost
  • So just give you a development costs.
  • Has that all been uh been allocated?
  • close than they thought they would cost close than they thought they would cost when<01:10:47.040
Keywords: 1187, senate, all
NH

New Hampshire 2025 Regular Session

Senate Education Finance (02/19/2025)

Education Finance

Transcript Highlights:
  • difference so the state would meet its non-binding but important obligation to fund those students who cost
  • He also suggested taking a look in the larger budget at how much is allocated for special education going
  • <00:15:40.000> when<00:15:40.279> emergency special education costs when emergency
  • special education costs when emergency assistance<00:15:41.600> is<00:15:42.120> necessary<
  • For allocating that 50%, like will there be a preference for the low-income students to get access to
Keywords: 1191, senate, all
TX

Texas 89th Regular

Delivery of Government Efficiency Mar 5th, 2025

Delivery of Government Efficiency

Transcript Highlights:
  • cost basis is included.
  • half that cost.
  • institution-wide indirect cost, excuse me, institution-wide indirect cost twice.
  • Specifically, they were using 2018 cost. costs to calculate their 24 costs.
  • How is this costing us?
Keywords: 1184, house, all
MN

Minnesota 2025-2026 Regular Session

House Higher Education Finance and Policy Committee 1/21/25

Higher Education Finance and Policy

Transcript Highlights:
  • Allocated to Alzheimer's disease research and dementia-related research.
  • This executive committee creates a framework for the program funding allocation.
  • This executive committee creates a framework for the program funding allocation.
  • So, yes, indeed, the $16 million per annum is the allocation for which we're grateful.
  • decisions where we're going to allocate decisions where we're going to allocate our<01:47:06.880
Keywords: 1183, house
Summary: The House Higher Education Finance and Policy Committee met and approved the minutes from the previous meeting. The chair noted that agency overviews from the Office of Higher Education and other state agencies were not available, so the committee proceeded with University of Minnesota presentations instead. The committee also reviewed posted committee rules. University of Minnesota representatives gave an overview of the university’s research enterprise, describing it as a system of five campuses with a possible expansion to St. Cloud, and highlighting research strengths across campuses in agriculture, energy, natural resources, health, and the Twin Cities flagship campus. They said the university has more than $1.3 billion in annual research expenditures, receives most of its research funding from federal sources, and is ranked highly for both overall research and interdisciplinary research. Examples discussed included the Clinical and Translational Science Institute, the Forever Green initiative, and research tied to sustainable crops, health, and commercialization. Members asked questions about specific research areas, including biodegradable or renewable plastics, wheat research, food dyes, health and environmental toxins, and the market for winter camelina and winter pennycress. University staff said they could follow up with more detailed information and explained that the winter crop work is intended to become market-driven over time, while also improving soil health and creating new revenue streams for farmers. They also clarified that the university’s federal research funding includes money from NIH, NSF, DOE, DOD, and other agencies, and that the “other” funding category includes foundations, subawards, and internal university seed funding. The committee then heard a second University of Minnesota presentation focused on partnerships, commercialization, and workforce development. Testimony highlighted collaborations with industry and government partners such as U.S. Steel, 3M, Medtronic, Cisco, and defense-related industry leaders, as well as programs supporting microelectronics, AI, cybersecurity, and sustainable aviation fuels. No formal votes were taken beyond approving the minutes, and the committee ended the segment by moving on to the next testifier.
FL

Florida 2025 Regular Session

February 5, 2025 - 09:00 AM

Transcript Highlights:
  • These have very low capital costs, but high fuel costs.
  • They're medium capital cost units, medium to high fuel costs.
  • They have very high capital costs, very low fuel costs.
  • They have very high capital costs, very low fuel costs.
  • They have to manage their costs, their O&M costs, their capital cost to maintain that.
Summary: The committee heard introductory remarks from Chair LaMarca and members, then received presentations on electric utility planning, transportation infrastructure, and broadband deployment. Public Service Commission staff explained how Florida’s utilities plan for reliability and cost through 10-year site plans, demand forecasting, and economic dispatch. The presentation emphasized Florida’s residential-heavy load, growing EV demand, expanding solar and battery storage, continued reliance on natural gas combined-cycle plants, and the role of nuclear power. Members asked about energy efficiency, rates, renewable options beyond solar, cybersecurity, grid resilience, data centers, and small modular nuclear reactors; the witness said efficiency programs are reviewed every five years, utilities must balance reliability and affordability, and large new loads like data centers generally must pay for their own infrastructure needs. Department of Transportation Secretary Jared Perdue described FDOT’s five-year work program, decentralized district structure, and funding mix, noting that the agency is predominantly state-funded and prioritizes maintenance and preservation before expansion. He highlighted record investment levels, major congestion-relief projects, toll-road revenues, seaport and airport partnerships, spaceport investments, workforce and equipment needs, and emerging technology such as advanced air mobility. Members asked about project timing, MPO planning, rail and ferry funding, airport governance, winter storm preparedness, and flooding/sea-level rise; Perdue said faster delivery depends on resources, local governments lead transit operations with FDOT as a capital partner, and coastal and drainage projects are designed around storm surge and resiliency. The Office of Broadband reported on six grant programs supporting infrastructure, community facilities, digital connectivity, and future digital capacity and broadband expansion. Director Leo Garcia said the office has awarded hundreds of millions of dollars across most counties, leveraged significant private investment, and focused heavily on rural areas. He noted that broadband efforts are intended to support telehealth, education, workforce development, and economic growth, and said the state has reduced the number of unserved locations from more than 400,000 to a projected 170,000 after current awards are completed. He also said the office needs additional budget authority for the upcoming digital capacity program and that the larger federal/state broadband deployment program will be used to reach remaining unserved and underserved areas.