Video & Transcript Research : 'financing'
Page 67 of 444
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Social Services - 05/12/2026
Social Services
Transcript Highlights:
- Four will go to finance, and three will go to the floor calendar.
- This is going to finance.
- This is going to finance.
- Senate Bill 6913 by Senator Harcone is to be reported to finance.
- The Senate Bill 7005 by Senator Ross and Mrs. is going to finance.
Summary:
The Standing Committee on Social Services met on May 12 with a quorum present and considered seven bills, with four sent to finance and three advanced to first reading. The committee discussed SB 1450A, which would raise shelter allowances up to 100% of fair market rent; several members questioned the impact on county budgets and sought clarification that the bill sets a maximum rather than an automatic requirement. Despite concerns, the bill was reported, with Senator White voting no. The committee also reported SB 2516A on a refugee resettlement program, SB 5505 on mental illness training and temporary housing, SB 6913 on the 211 essential community services online system, and SB 7005 on longer stays at domestic violence shelters, with members characterizing several of these as codifying existing practice or grant-related measures.
The remaining bills were SB 7632, which would include households fleeing domestic violence in the family homelessness and infection prevention supplement program, and SB 7754A, which would address finger imaging for SNF benefit recipients. Both were moved forward without substantive debate and reported, with Senator White recorded without recommendation on SB 7754A. Across the meeting, motions were made and seconded by committee members, and the bills were advanced by majority vote.
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Local Government - 03/10/2026
Local Governments
Transcript Highlights:
- So the bill moves and is reported to Finance.
- Our next bill is Bill S900 by Senator Martinez: an act to amend the Local Finance Law in relation to
- This bill is reported to Finance. Our next bill is the sixth bill...
- This bill is reported to Finance. Our next bill is the sixth bill, S7288A by Senator Finance.
- act to amend the Real Property Tax Law in relation to authorizing the Commissioner of Taxation and Finance
Summary:
The Local Government committee met on March 10 and considered 13 bills, mostly on municipal finance, property tax exemptions, local planning, and public safety. Measures included Next Generation 911 system updates, good-faith deposit procedures for bond sales, sheriff and undersheriff training requirements, comprehensive planning for housing needs, increased volunteer firefighter and ambulance worker benefits, industrial development agency incentives for pollution mitigation projects, and several local real property tax exemption or conveyance bills. The committee also took up bills on water quality improvement funding for the Town of Warwick, special equalization rates for certain school districts, and eye and tissue donation procedures.
Testimony and discussion were limited on most bills, with members generally moving them without comment. There was some discussion on the Nassau County assessor exemption bill, where a member noted a separate bill addressing a recurring property-closing issue. The comprehensive planning bill drew the most recorded opposition, with one senator voting nay and another recorded as AWR. Several other bills also had AWRs or nays noted, but no extended debate was captured.
All 13 bills were voted out of committee, with most reported to Finance or other committees as noted. The committee adjourned after the final bill, and the clerk was acknowledged for his first meeting.
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Environmental Conservation - 02/24/2026
Environmental Conservation
Transcript Highlights:
- All right, that bill is referred to finance.
- All right, that is referred to finance. And we're pleased to be joined by Senator Fahy.
- All right, that bill is referred to finance.
- All right, that is referred to finance.
- That bill is referred to finance.
Summary:
The Senate Standing Committee on Environmental Conservation met with a quorum via voting sheets and considered a 12-bill agenda focused on water quality, stormwater reporting, algal bloom prevention, safe drinking water infrastructure, coastal and marine protection, housing and land-use, animal welfare, and solar access. Chair Pete Harckham noted several members were delayed by weather and other committee meetings, and welcomed participating senators and staff. Most bills were described as measures the committee had seen before, with little debate beyond motions and seconds.
Bills approved included Harckham’s stormwater expenditure report bill (S.1609), a municipal water-quality assistance bill for lake associations (S.1733), the harmful algal bloom monitoring and prevention act (S.1833A), the safe water and infrastructure action program (S.1850A), the Whale Awareness Act (S.2292B), inland waterways additions for waterfront revitalization (S.2646), the Sustainable Affordable Housing and Sprawl Prevention Act (S.3492A), a bill on traveling animal acts (S.3629A), the Big Five African Trophies Act (S.5014), marine and coastal debris prevention (S.6307), and whale strike protection policies for large vessels (S.7718A). The solar bill (S.6570A), the Solar for Affordable Power Act, was also approved by the committee but was referred to the Energy Committee rather than advanced on the environmental conservation calendar.
Several measures were referred to the Finance Committee, including the stormwater report bill, the lake association water-quality bill, the harmful algal bloom bill, and the safe water and infrastructure bill. Other bills were advanced to the calendar, and the meeting concluded without recorded opposition on most items, aside from a few members voting without recommendation on some bills.
KY
Kentucky 2026 Regular Session
House Budget Review Sub. on Economic Development, Pub. Protection, Tourism, and Energy (2-10-26)
Transcript Highlights:
- finance cabinet. finance cabinet.
- The projects funded from the $66 million required finance to administer.
- The projects funded from the $66 million required finance to administer.
- The projects funded from the $66 million required finance to administer.
- partnership with parks and the finance partnership with parks and the finance cabinet<00:33:33.919
Keywords:
00:02 Call to Order and Roll Call
01:44 Approval of Minutes
01:56 Tourism, Arts and Heritage Cabinet
54:59 Adjournment, 958, all
Summary:
The House Budget Review Subcommittee on Economic Development, Public Protection, Tourism, and Energy received an update from Kentucky State Parks and the Finance Cabinet on the status of major capital projects funded through recent legislative appropriations. Commissioner Mark Keelin, Deputy Commissioner Chris Perry, and Finance Cabinet/DECA representatives described progress on campground upgrades, utility and broadband improvements, building systems repairs, life-safety work, accommodations and hospitality renovations, pool and beach projects, playgrounds, golf course improvements, marina work, and wastewater upgrades across the state park system. They emphasized that Kentucky has 44 state parks and that the funding has supported completed work and projects still under construction or in design.
The presentation highlighted funding tied to House Joint Resolution 76, House Joint Resolution 56, and House Bill 6. Parks reported roughly $72 million invested to date, with 66 projects completed and 17 under construction, including campground renovations at sites such as My Old Kentucky Home, Kin Lake, Carter Caves, Cumberland Falls, and others; broadband projects at several campgrounds; electrical grid resilience work at parks including Kentucky Dam Village and Kin Lake; and completed life-safety upgrades such as lock systems. Officials also noted pool and beach work, ADA improvements, lodge and guest room renovations, marina replacements, and wastewater plant upgrades. DECA said it currently manages 1,335 active capital projects statewide, including 149 for Parks, and credited additional project management capacity and regular coordination meetings for accelerating delivery.
Committee members asked for a copy of the presentation and pressed the department for more detailed accounting of House Joint Resolution 56, including how much money remains, which projects are complete, and whether current appropriations are sufficient to finish the listed work. The department also requested a larger maintenance pool appropriation of $40 million for the next budget, arguing that routine and emergency maintenance needs across 44 parks exceed current resources and that preventative maintenance would reduce long-term costs. No votes were taken during the meeting.
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 3/24/26
Housing Finance and Policy
Transcript Highlights:
- This is our first opportunity after the passage of HR1. financing in which case it would be 40%. financing
- the lack of um of affordable financing. the lack of um of affordable financing.
- But can continue to finance the park.
- able to finance these repairs over time. able to finance these repairs over time.
- thereof but is actually being financed thereof but is actually being financed by<00:58:00.000>
Keywords:
HF4234, Minnesota private activity bonds, tax-exempt bonds, bond cap, aggregate bond limitation, residential rental projects, multifamily housing, affordable housing finance, housing bonds, public finance, bond allocation, private activity bond cap, Minnesota Statutes 474A.02, tax committee, natural gas, gas hookups, residential construction, energy policy, local control, state preemption
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 4/8/26
Housing Finance and Policy
Transcript Highlights:
- Chair Howard called the meeting of the House Housing Finance and Policy Committee to order.
- finance 50,000 new home buyers. finance 50,000 new home buyers.
- /c> provide one-on-one finance coaching, provide one-on-one finance coaching, home<00:51:40.840>
buyer - So, it's really financing costs.
- the state can do to help uh the finances the state can do to help uh the finances and<01:28:27.080
Keywords:
housing, sales tax, homeownership, rent assistance, community stability, education, counseling, financial assistance, housing development, culturally appropriate services, HF1417, manufactured home parks, manufactured housing, mobile home parks, housing development fund, Minnesota Housing Finance Agency, MHFA, infrastructure grants, infrastructure loans, affordable housing
NM
Transcript Highlights:
- We'll go ahead and start, and we want to welcome everyone to Friday, February 6th, to Senate Finance.
- Members, now we will go to House Bill 2, House Appropriations and Finance Committee...
- Members, now we will go to House Bill 2, House Appropriations and Finance Committee...
- House Bill 2, House Appropriations and Finance Committee House Bill 2 briefing.
- That's a piece of the Opportunity Enterprise Program at the New Mexico Finance Authority.
Keywords:
SB193, acequia, community ditch, irrigation works construction fund, water infrastructure, ditch infrastructure, irrigation, New Mexico water law, agricultural water, farmers, Rio Grande, acequia association, forest land protection revolving fund, state fund transfer, irrigation projects, SB132, DOIT, Department of Information Technology, software replacement, equipment replacement
AL
Transcript Highlights:
- <00:39:25.040>
and <00:39:25.280>Taxation Committee on Finance and Taxation Committee - on Finance and Taxation General<00:39:26.240>
Fund. - <00:39:49.040>
and <00:39:49.280>taxation to the committee on finance and taxation - to the committee on finance and taxation education<00:39:50.640>
signed. - on finance and taxation education.<00:40:10.480>
John <00:40:10.880>signed <00:40:11.280
Summary:
The Alabama Senate convened with prayer and the Pledge of Allegiance, confirmed a quorum, and adopted the prior day’s journal. The chamber then handled a series of confirmations, including Thomas Ellis to the Agriculture Exhibition Center Board of Directors, Evelyn Vans Malden, Robert C. Brock, Mila Calhoun, and Elena Baranco to the University of Alabama or University of Montevallo boards of trustees, Chip Fugquay to the Alabama Workforce Board, and Thornton Stanley and Jemsticken Pum to the Alabama Forestry Commission. All of these confirmations were approved overwhelmingly, generally by 29–30 votes with no nays.
Committee reports advanced several county and municipal government bills, including SB 23, SB 71, SB 105, SB 109, SB 115, SB 131, SB 148, and SB 165, with some receiving amendments. The Senate also adopted and passed multiple resolutions, including SJR 14 honoring Drew and Lauren Winland as America’s top young farm family, and resolutions mourning Mary Anne Peak Phelps and Sam Palmer Faucet III. A local bill package for Marshall and Walker counties was taken up, with several bills receiving BRs, final passage, and certification resolutions.
The Senate also received numerous House messages referring local and finance-related bills to committees, including measures on county subdivision regulations, homestead exemptions, unclaimed property, sales and use tax, income tax, municipal audits, and other local matters. The Rules Committee report set a special order calendar for the next legislative day, listing SB 126, SB 33, SB 55, SB 102, SB 118, and SB 128. On that calendar, SB 126 extending the Alabama Private Investigation Board, SB 33 updating veteran license tag provisions, SB 102 extending the Board of Home Medical Equipment, and SB 128 reorganizing the Alabama Sickle Cell Oversight and Regulatory Commission were passed; SB 55 on military spouses was amended and carried over; and SB 118 on the Alabama Justice Information Commission was amended and carried over. The Senate adjourned until 3:30 p.m. on Wednesday, January 21st.
MN
Minnesota 2025-2026 Regular Session
Press Conference: Republican Lawmakers Address Allocation of Health Care Funding - 04/21/25
Transcript Highlights:
- I also serve as co-chair of health and finance and policy, and also volunteer as an EMT.
- We do not have a budget deal with the House finance because of this issue that the Democrats want to
- and as co-chair of health and finance and policy<00:06:17.919>
and <00:06:18.240>also < - <00:09:02.480>
um <00:09:02.760>policy point in our health finance um policy point - a budget deal with the House finance a budget deal with the House finance because<00:09:11.440><
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Apr 1st, 2025
Transcript Highlights:
- Let's go ahead and any comments from our Department of Finance?
- Any comments from the Department of Finance?
- Any comments from the Department of Finance?
- Any remarks up here from the Department of Finance or LAO?
- Thank you, Department of Finance and LAO.
Summary:
The Assembly Budget Subcommittee 5 on State Administration held an informational hearing on budget issues for the Department of Veterans Affairs, the Department of Cannabis Control, the Department of Consumer Affairs, the Commission on the Status of Women and Girls, and the California Arts Council. The chair noted there would be no votes. CalVet gave an overview of its programs serving veterans and families, including transition assistance, county veterans service officers, education approvals, housing and homelessness programs, home loans, long-term care homes, and state veterans cemeteries. Members asked about future long-term care needs for aging veterans, staffing and recruitment challenges at veterans homes, and the Yountville steam infrastructure replacement project, for which CalVet sought a $38.8 million reappropriation and said federal reimbursement was expected. CalVet also discussed the role of county veterans service officers in helping veterans file claims and avoid predatory unaccredited representatives.
The Department of Cannabis Control described its regulatory role from seed to sale and requested one position to implement SB 1064’s combined activities license. Members and public witnesses focused heavily on the illicit cannabis market, enforcement staffing, and the impact of taxes and fees on the legal market. DCC said it had roughly 87 enforcement positions with about a 15% vacancy rate and more than 200 compliance staff. Its economist presented the 2024 cannabis market report, which found licensed production and retail quantity were up, but retail value and prices were down, with an estimated 11.4 million pounds of illicit production and about 60% of California consumption still coming from the illicit market. Industry witnesses argued the legal market is in crisis, urged repeal of the scheduled excise tax increase, stronger enforcement against illicit cannabis and hemp-derived intoxicants, and expanded retail access.
The Department of Consumer Affairs briefly presented nine budget proposals, including a $2.6 million ongoing request to maintain a business modernization system for several boards and bureaus. The Commission on the Status of Women and Girls described its work on economic and educational equity, health care, violence prevention, student rights, and archival and outreach projects, and said its budget request would convert limited-term positions to permanent. A member urged the commission to narrow its priorities toward current issues such as affordability, child care, and women’s health. The California Arts Council outlined its role as the state’s only statewide arts funder and requested restoration of $5 million in local assistance; supporters testified that the funding would leverage additional local investment and help sustain arts access, especially in rural communities. The hearing ended after the non-presentation items were noted and no further public comment was offered.
MN
Minnesota 2025-2026 Regular Session
Balancing the Budget / Sovereignty Day at the Capitol / Promoting Animal Welfare Mar 23rd, 2025
Minnesota Senate Floor Meeting
Transcript Highlights:
- The bill has been referred to the Senate's finance committee but has not yet been heard.
- We're now joined by Senate File 853's chief author and ranking minority leader of the Senate's finance
- committee but has not Senate's finance committee but has not yet<00:13:40.120>
been yet been - Balancing the budget doesn't fall solely on the Senate Finance Committee's shoulders.
- and financing and board decision<00:25:14.039>
reforms <00:25:14.679>are <00:25:14.960>
MN
Minnesota 2025 1st Special Session
Press Conference: DFL Media Availability on Threat to Dismantle the US Department of Education Feb 5th, 2025
Transcript Highlights:
- Thank you all for joining our education finance press conference today.
- We learned today in the education finance committee that federal funding on education is mainly through
- We learned today in the education finance committee that federal funding on education is mainly through
- committee that Federal funding finance committee that Federal funding on<00:03:48.120>
education< - they sit in our education finance they sit in our education finance committee<00:25:17.279>
and
Summary:
Minnesota Senate Democrats held an education finance press conference focused on concerns that the Trump administration may dismantle the U.S. Department of Education and freeze or reduce federal education funding. Speakers said such actions could jeopardize Title I, special education, English learner, school meal, transportation, and other programs, and noted that federal education aid is often reimbursed after districts have already spent the money. They argued that even a 10% cut would amount to roughly $1 billion and could leave districts unable to cover costs they have already incurred.
Several speakers also raised concerns about broader federal actions, including school vouchers, curriculum restrictions, and access to student and Treasury data by Elon Musk and others, warning about privacy and the possible targeting of DEI, ethnic studies, truth-and-history curriculum, and efforts to recruit and retain teachers of color. They said the instability makes it impossible for districts to plan budgets and maintain staffing, and that the harm is already being felt through frozen aid and other disruptions.
The speakers criticized Republican colleagues for downplaying the threat and said Republicans were inconsistent because they had recently highlighted teacher shortages and school infrastructure needs while now minimizing potential cuts. No votes or formal committee actions were taken in the press conference; the event was a call for public pressure on Republican lawmakers to oppose the federal changes and protect Minnesota schools and students.
KY
Kentucky 2025 Regular Session
Government Contract Review Committee - (5-13-25)
Transcript Highlights:
- <00:20:48.159>
cabinet will move forward to the finance cabinet will move forward to the finance - honestly from all of us in the finance honestly from all of us in the finance cabinet<00:21:08.640
- <00:59:49.440>
cabinet going to go to the finance cabinet going to go to the finance cabinet - them um proceed and let the finance them um proceed and let the finance cabinet<01:02:59.760>
- <01:05:42.720>
cabinet forward to the uh to the finance cabinet forward to the uh to the finance
Summary:
The committee opened with a moment of silence for Representative McCool, who was absent due to a family death, then approved the April 14 minutes and noted the agenda contained 482 items totaling about $138.6 million. The first deferred item involved the Office of the Controller and a brokerage services contract. Senators questioned why the new contract was roughly $1 million a year when a prior vendor had been paid about $300,000 annually, why the procurement was rebid after years of no-bid arrangements, and why past performance was not heavily weighted. Agency witnesses said the prior vendor had held the work for more than 20 years, the new RFP drew more competition, technical evaluators did not see cost until after technical scoring, and AON received the highest technical score despite being an out-of-state vendor with its closest office in Nashville. After discussion, the committee voted to take no action, and the contract advanced to the Finance Cabinet for final decision.
The committee then considered a DCBS memorandum of agreement amendment. Members asked what funding was being redirected to cover an increase of about $265,000. DCBS explained that reduced spending on interpreter services, due to more commonly used forms being translated into other languages, freed up funds to support the contract. The committee approved the item.
Next, the committee reviewed an initial contract for the Kentucky Board of Hairdressers and Cosmetologists. The board explained that its small legal staff was handling 11 active cases and needed outside counsel with investigators and additional attorneys because of ongoing litigation and disciplinary changes tied to prior legislation and a recent LOIC report. Members asked whether the contract was a not-to-exceed amount and whether the board could afford it; the board said the $50,000 was a ceiling, not an expected spend, and that the board was fully funded through licensing fees and currently running a surplus. Senator Thomas urged support, citing recent reforms in Senate Bills 14 and 22 and the need to help the board work through corrective action. The committee approved the contract. The Board of Pharmacy item was then deferred at the agency’s request until the June 2025 meeting, and the committee approved that deferral.
NY
New York 2025-2026 Regular Session
New York State Senate Session - 06/04/2026
New York Senate Floor Meeting
Transcript Highlights:
- President, there is a report of the Finance Committee at the desk.
- Senate Print 10628, Baskin, an act to amend the State Finance Law.
- AN ACT TO AMEND THE STATE FINANCE LAW. >> READ THE LAST SECTION.
- Peter Dreo got thrown into the fire as the Republican finance secretary, finance person, because our
- But my brand-new finance secretary, Chris Friend, did amazing work.
Summary:
The Senate met on June 3, 2026, approved the prior day’s journal, and then moved through a long list of discharge motions and substitutions to place many bills on the third reading calendar. The chamber also adopted Resolution J.2314 honoring the New York chapter of the National Domestic Workers Alliance, with remarks emphasizing domestic workers’ role in care work, labor organizing, and protections such as paid sick leave and family leave. Another adopted resolution, J.2298, mourned labor and social justice advocate Minerva Solla, with senators highlighting her work with 1199, the Young Lords, Puerto Rican solidarity efforts, and women’s organizing. A third resolution recognized Olympic curler Daniel Casper for representing the United States at the 2026 Winter Games.
The Senate then confirmed a large slate of judicial and executive nominations. It accepted the Judiciary Committee report and confirmed four interim Supreme Court justices, seven Court of Claims judges, and 21 reappointments/extensions by a vote of 44-12. The Finance Committee report was also accepted, and the Senate confirmed a broad set of appointments to state boards and authorities, including the MTA, State Commission of Correction, Power Authority, NYSERDA, Financial Control Board, public health councils, SUNY and Cornell boards, gaming and bridge authorities, and others. One notable confirmation was Alexander Dockery to the State Commission of Correction; supporters called it the first time a formerly incarcerated person had been confirmed to that commission, while Senator Murray criticized the practice of voting on large nomination blocks rather than individually.
The chamber then took up and passed many bills, mostly by wide margins, covering labor, health, education, transportation, public service, criminal justice, municipal, tax, insurance, and environmental topics. Several members explained their votes on major measures: Senator Ramos supported a bill modernizing temporary disability benefits and another protecting construction workers from lost pay when jobs are canceled; Senator Baskin spoke about a correction bill tied to the death of India Cummings; Senator Skoufis described a family-court custody bill intended to prioritize child safety; Senator Mayer backed a proposal to reimburse parents of medically fragile children for providing care; and Senator Hinchey defended a bill requiring employers to report AI-related job impacts, while Senator Borrello opposed it as burdensome. Most bills were passed, some were laid aside, and the session concluded with multiple roll-call votes and confirmations before adjournment-related business.
TX
Transcript Highlights:
- The bank finances projects on both sides of the U.S.
- Over the course of our 30-year history, we have financed over two-thirds of our projects in the water
- We have financed 85 projects, totaling more than $1 billion, more than any other state combined.
- This collaboration has led to the successful financing of numerous projects along the border.
- To date, we have jointly financed 20 projects with the TWDB along the Texas-Mexico border, 16 of which
Keywords:
border region, infrastructure, economic development, government operations, education, international cooperation, infrastructure investment, bond issuance, state agencies, shrimp industry, federal regulations, foreign imports, economic impact, public health, Gulf Coast communities, Texas-Israel relations, Israel, Jerusalem, trade office, foreign relations
MN
Transcript Highlights:
- And we have chairs Scott finance bill.
- >
House <00:20:16.160>File housing finance bill, House File housing finance bill, House - Minnesota Housing Finance Agency Minnesota Housing Finance Agency projects<00:26:25.360>
for <00 - Minnesota Housing Finance Authority Minnesota Housing Finance Authority through<00:36:58.160>
- will proceed to the commerce finance will proceed to the commerce finance bill,<00:57:25.200>
Keywords:
HF2432, judiciary finance bill, public safety finance bill, corrections policy, crime victims, victim services, Minnesota victims of crime account, court fees, marriage license fee, financial crimes, fraud investigations, insurance fraud, Bureau of Criminal Apprehension, BCA, Commerce Fraud Bureau, wage theft, automobile theft prevention, nonprofit security grants, 911 funding, POST Board
MN
Minnesota 2025-2026 Regular Session
House Floor Session 3/17/25 - Part 2
Minnesota House Floor Meeting
Transcript Highlights:
- House File 1034, number six on the calendar for the day, an act relating to education finance.
- re-referred to the Committee on Workforce, Labor, and Economic Development Finance and Policy.
- re-referred to the Committee on Workforce, Labor, and Economic Development Finance and Policy.
- and be re-referred to the Committee on Elections Finance and Government Operations.
- and Policy and be re-referred to the Committee on Human Services Finance and Policy.
HI
Hawaii 2025 Regular Session
AGR Public Hearing - Wed Feb 12, 2025 @ 9:30 AM HST
Agriculture & Food Systems
Transcript Highlights:
- It authorizes the Director of Finance to issue general obligation bonds and authorizes funds to finance
- bonds and authorizes funds to finance bonds and authorizes funds to finance Capital<00:20:17.799
- First to testify is the Hawaiʻi Housing Finance and Development Corporation?
- testify today is Hawaii Housing Finance testify today is Hawaii Housing Finance and<01:58:06.840
- The bigger target of affordable housing, local ownership, financing.
MN
Transcript Highlights:
- She asked whether the intention is for the bill to go to Education Finance after this.
- She also noted that next year is a policy year, not a finance year, and suggested they could work on
- chair yeah and I I do want to Finance chair yeah and I I do want to address<00:35:58.920>
what - year and and it is more of a finance year and and next<00:36:54.560>
year <00:36:54.720>is - I don't get disturbed on the Finance Committee. I wish I could.
KY
Kentucky 2026 Regular Session
House Budget Review Sub. on Personnel, Public Retirement, and Finance (2-11-26)
Transcript Highlights:
- So, budget is taking place, and this is the budget subreview on personnel, public retirements, and finance
- So, the governor's budget included a $60 million allocation for finance.
- Uh, 30 million of that was finance.
- >
we <00:02:38.480>were that pool, the finance we were that pool, the finance we were recommending - administrative services for the finance administrative services for the finance cabinet. cabinet
Keywords:
Call to Order: 00;15
Approval of Minutes: 01:22
Update on Generator replacement: 01:52
Update on Sheriff Fees: 13:28
Adjournment: 25:22, 958, all
Summary:
The committee met for its fourth budget subreview session focused on personnel, public retirements, and finance. Members approved the minutes from the prior meeting and then heard from Finance Cabinet staff on two main items: a $7.5 million request related to generator systems and a sheriff’s fees budget request. The generator request was described as a preventive, life-cycle replacement and capacity-enhancement effort for 26 generators serving Frankfort-area state buildings, intended to protect continuity of government and expand beyond basic emergency power to support continuity of services.
Members asked detailed questions about how many generators would be replaced, the cost per unit, the scope of the study, and whether the work could be phased. Staff said the $7.5 million would cover a full evaluation and any resulting engineering/replacement work, but the exact number of replacements was not yet known. They estimated the initial study would cost about $500,000 to $750,000, would take six to nine months once funded, and would produce building-by-building recommendations. Staff also said typical generator life cycles vary widely, often around 15 to 20 years but sometimes longer depending on run hours and usage.
The committee then reviewed sheriff’s fees, with the Division of Local Government explaining that the state reimburses counties for several statutory sheriff-related costs, especially court security, which accounts for more than 90% of the claims. Staff said the current budget base is about $20 million, while actual spending has been running above $23 million, leading to a $3.5 million growth request to align the base with projected spending and reduce the need for non-general fund expenditure (NGE) adjustments. Members asked about claim volume, county participation, reimbursement controls, and whether the request reflected growth or underfunding; staff said all 120 counties submit claims, volumes have been fairly steady, and reimbursements are governed by statute and signed monthly certifications. No votes were taken on the requests, and the meeting adjourned after questions concluded.