Video & Transcript Research : 'capital and surplus'
Page 1 of 500
OK
Transcript Highlights:
- and statutes.
- And identify the cost and where they're being utilized.
- My name is Robert Franz, and I work for and represent Team Health.
- I've cared for our residents and disasters and in crisis for over 40 years and currently a senior administrator
- And we appreciate y'all being here, tuning in and
Keywords:
licensure, criminal history, public safety, occupational certification, rehabilitation, state regulations, insurance, regulations, certification, long-term care, mergers, consumer protection, property safety, vision insurance, optometry, reimbursement, healthcare policy, ophthalmic materials, provider agreements, captive insurance
OK
Oklahoma 2026 Regular Session
Commerce and Economic Development Oversight REVISION 2: HB3127 - Added Mar 5th, 2026 at 10:30 am
Commerce & Economic Development Oversight
Transcript Highlights:
- Chairman, and thank you, committee.
- Chairman, and thank you, committee.
- My bill will change the filing system from use and file to file and use.
- That you've led with dignity and respect, and your service to the people of the state of Oklahoma and
- And we are adjourned.
Keywords:
captive insurance, protected cell, sponsored captive, captive insurer, insurance commissioner, premium tax, dormant captive, risk retention group, pure captive, association captive, industrial insured captive, series captive, branch captive, special purpose captive, reciprocal insurer, capital and surplus, letter of credit, change in control, merger, conversion
KY
Kentucky 2026 Regular Session
House Budget Review Sub. on Transportation. (1-29-26)
Transcript Highlights:
- And I want to thank all of your committee for inviting us to speak about the capital projects first.
- So, I'm going to let Sean go first now with the capital projects, and then I will introduce a little
- coming up, and it's in your area, I believe, in the capital projects, and it's reauthorizations.
- coming up, and it's in your area, I believe, in the capital projects, and it's reauthorizations.
- I found a couple that keeps coming up, and it's in your area, I believe, in the capital projects, and
Keywords:
00:03 Call to Order and Roll Call
00:57 Capital Projects and Highway Plan
56:11 Adjournment, 958, all
Summary:
The House Budget Review Subcommittee on Transportation met to hear the Kentucky Transportation Cabinet’s presentation on the governor’s 2026 capital projects budget and recommended highway plan. Secretary Gray and cabinet staff first thanked KYTC snow and ice crews, local road departments, first responders, utility workers, and others for their work during a major winter storm, then outlined the capital budget request. The cabinet said its facilities are aging, with about 35% at or beyond useful life, and that limited road fund revenues led it to focus mainly on maintenance, maintenance pools, aircraft maintenance, environmental compliance, AASHTOWare upgrades, state park road maintenance, truck parking, and reauthorization of several projects, including airport work and road projects. The cabinet said the governor’s budget includes about $22.8 million in state funds for the capital budget over the biennium, plus carry-forward language for maintenance pools and project reauthorizations to avoid losing federal funds.
Members asked about repeated reauthorizations, cost increases, and whether projects should be restarted as new requests after carrying over for multiple budgets. The cabinet responded that budget office policy generally allows only one reauthorization before a project must be resubmitted, and said many delays are due to acquisition or other project issues. Members also questioned the basis for increased-cost line items and the $5 million request for commercial truck parking; cabinet staff said they could provide original project cost details and that many increases are inflationary, while the truck parking project is expected to use federal funds and is a cabinet priority. The committee also discussed the decline in road fund receipts, which the cabinet attributed largely to lower motor fuels tax revenue.
The presentation then shifted to the 2026 recommended highway plan. Officials said the plan covers more than 1,300 projects over six years and anticipates about $9.5 billion in federal and state funding. They said the plan is intended to maintain existing assets, advance long-term priority projects, and honor prior commitments, including the Mountain Parkway, the Brent Spence Companion Bridge, and the I-69 Ohio River Crossing. About 40% of plan funds are dedicated to existing pavements, bridges, and guardrails, and officials cited a 61% rise in highway construction costs from 2020 to 2025 as a major challenge. To help offset those pressures, the cabinet is seeking $125 million from the budget reserve trust fund for the Brent Spence Bridge and release of a federal grant condition tied to the already appropriated $150 million for the I-69 crossing. No votes were taken at the meeting.
MN
Transcript Highlights:
- <00:35:54.240>
and <00:35:54.400>I'll for the funding of that Surplus and I'll for - He said that is not accurate, and then added that this will only occur if there is a large surplus and
- He said that is not accurate, and then added that this will only occur if there is a large surplus and
- He said that is not accurate, and then added that this will only occur if there is a large surplus and
- He said that is not accurate, and then added that this will only occur if there is a large surplus and
Keywords:
pregnancy support, women's health, maternity homes, nonprofit organizations, grant funding, abortion, family services, tax relief fund, budget surplus, surplus revenue, tax rebate, tax refund, one-time refund, income tax, property tax, constitutional amendment, Minnesota Constitution, general fund, budget reserve, taxpayer relief
NM
New Mexico 2026 Regular Session
House - Taxation and Revenue Feb 18th, 2026 at 02:07 pm
House Taxation & Revenue
Transcript Highlights:
- And I did... last year, and I was looking through this thing again.
- I mean, it's the job of the LFC and the LSC to prepare these bills and create the best data and give
- He works in the Department of Finance Administration, and he actually heads up our capital outlay division
- And then we had Montoya, and then we had Terrazas. Oh, Terrazas, I'm sorry.
- Thank you for the bipartisan support and the discussions, and the honesty and the clarity and the transparency
Bills:
SB240
Keywords:
capital outlay, capital projects, severance tax bonds, general fund appropriations, supplemental severance tax bonds, UNM School of Medicine, University of New Mexico, infrastructure, state buildings, courts, schools, higher education, road improvements, water and wastewater, tribal infrastructure, tribal projects, public safety, housing, emergency services, bonding
NM
New Mexico 2026 Regular Session
House - Taxation and Revenue Feb 18th, 2026 at 08:43 am
House Taxation & Revenue
Transcript Highlights:
- Capital-intensive industries such as energy, manufacturing, and infrastructure are especially sensitive
- Chair, and Madam Chair and Senator.
- It allows local governments to contribute capital and things like infrastructure.
- And I would suggest, Madam Chair, and...
- , and the folks at LFC and the folks at Tax and Rev.
Bills:
SB240
Keywords:
capital outlay, capital projects, severance tax bonds, general fund appropriations, supplemental severance tax bonds, UNM School of Medicine, University of New Mexico, infrastructure, state buildings, courts, schools, higher education, road improvements, water and wastewater, tribal infrastructure, tribal projects, public safety, housing, emergency services, bonding
NM
Transcript Highlights:
- And Mr.
- We had to fund our own capital. We were left the fire and the reconciliation.
- You ought to get in your car right now and go drive down there and see what you see and come back and
- And they come up with their cuts and we come up with our cuts, and we see where they're cutting, and
- And we gave them 80-20. And in the 80-20, and they've talked to a couple other state employees.
Keywords:
cancer treatment, revenue bonds, Gila Regional Medical Center, Nor-Lea General Hospital, healthcare funding, capital outlay, capital projects, appropriations, reversion, encumbrance, reauthorization, reappropriation, general fund, capital development and reserve fund, tribal infrastructure project fund, Department of Finance and Administration, DFA, state board of finance, severance tax bonds, tax-exempt bonds
NM
Transcript Highlights:
- Members, let me go ahead and start us about capital outlay changes. Very good. Yep.
- We established a subgroup to look at changes in regards to the process and the practice of capital outlay
- on reauthorizations and new appropriations for capital outlay projects.
- And capital outlay has to start moving even more and more as we move along because it's nice to have
- People have to realize that capital outlay is going to change, and this does that.
Keywords:
cancer treatment, revenue bonds, Gila Regional Medical Center, Nor-Lea General Hospital, healthcare funding, capital outlay, capital projects, appropriations, reversion, encumbrance, reauthorization, reappropriation, general fund, capital development and reserve fund, tribal infrastructure project fund, Department of Finance and Administration, DFA, state board of finance, severance tax bonds, tax-exempt bonds
MN
Minnesota 2025-2026 Regular Session
House Higher Education Finance and Policy Committee 3/17/26
Higher Education Finance and Policy
Transcript Highlights:
- surplus, we can actually go back and surplus, we can actually go back and more<00:14:23.440>
- Chair, and thank you for being here today and presenting your capital appropriations request.
- Chair, and thank you for being here today and presenting your capital appropriations request.
- Chair, and thank you for being here today and presenting your capital appropriations request.
- Chair, and thank you for being here today and presenting your capital appropriations request.
Bills:
HF4266
Keywords:
higher education, state grants, financial aid, college affordability, Office of Higher Education, Minnesota State Grant, need analysis, expected family contribution, student aid, grant formula, living and miscellaneous expense allowance, dependent student, independent student, parental contribution, student contribution, surplus appropriation, biennium, summer 2026, 1183, house
MN
Transcript Highlights:
- come to the capital to see the impact that she has and so really appreciate your work on this effort
- back to the Bonding Committee for Capital Investment and continued Capital Investment for maintenance
- back to the Bonding Committee for Capital Investment and continued Capital Investment for maintenance
- back to the Bonding Committee for Capital Investment and continued Capital Investment for maintenance
- and continued Capital Investment for maintenance purposes, what we want to do is have this be requiring
Keywords:
HF4470, Melissa Hortman, memorial, statue, memorial garden, State Office Building, Capitol Mall Design Framework, capital investment, appropriation, Capitol Area Architectural and Planning Board, Department of Administration, public art, commemorative monument, landscaping, artist selection, family consultation, Minnesota legislature, state building site, capital appropriation, political subdivisions
MN
Transcript Highlights:
- And then so between the November and the February forecast, when there's surplus, it first has to go
- And then also with the levy shifts, my real concern is if there is some surplus funds that it's not only
- And then also with the levy shifts, my real concern is if there is some surplus funds that it's not only
- have in statute or in the Constitution that if there is a surplus, the money is set up and there is
- to have the right that if there is money that is a surplus, again, that will come back to them and that
Keywords:
tax relief fund, budget surplus, surplus revenue, tax rebate, tax refund, one-time refund, income tax, property tax, constitutional amendment, Minnesota Constitution, general fund, budget reserve, taxpayer relief, state surplus, fiscal forecast, wealthy taxpayers, high-income exclusion, 2026 ballot, referendum, surplus distribution
TX
Transcript Highlights:
- Chairman and members.
- It highlights the historical and economic significance of the Texas cattle industry and its role in..
- It's modeled for the next generation through school and church involvement and civic group meetings.
- Chairman and members. Very much. Thank you. Thank you. Let's go ahead and go on. We'll go.
- and flounder.
Keywords:
Pflugerville, Trail Capital, health and wellness, outdoor recreation, community connectivity, patriotism, town designation, community engagement, Trophy Club, Texas Town of Patriotism, Mineola, Sweets Capital, Texas, local economy, cultural identity, community events, Port Aransas, Mustang Island, Fishing Capital of Texas, Texas fishing
Summary:
The Senate Committee on Administration met with a quorum and heard several Senate Concurrent Resolutions recognizing Texas places and traditions. SCR 46, by Senator Sparks, proposed renaming the New York strip steak as the Texas strip steak to honor Texas cattle production and the state’s beef industry. No public testimony was offered, and the committee voted 4 ayes and 1 present not voting to report it favorably to the full Senate.
The committee also heard SCR 18, by Senator Parker, designating Trophy Club as a symbol of Texas patriotism, SCR 4, by Senator Eckhardt, naming Pflugerville the Trail Capital of Texas, and SCR 43, by Senator Hinojosa, designating Port Aransas as the official fishing capital of Texas for 10 years. Each resolution received no public testimony, was reported favorably by unanimous or near-unanimous committee vote, and was placed on the local and uncontested calendar for April 24, 2025.
Afterward, the committee reviewed the April 24 local and uncontested calendar, noting several bills removed because of penalties, fiscal notes, or significant opposition, with SB 1727 specifically raised by a member. The committee then certified the April 24, 2025 list by a 6-0 vote and recessed. SCR 31 was left pending.
TX
Transcript Highlights:
- Members, they will be hearing and voting on bills.
- It recognizes the state's economic vitality and the contributions of the ranchers, farmers, and chefs
- It highlights the historical and economic the significance of the Texas cattle industry and its role
- policy to protect the health and well-being of Texans.
- the Stars and Stripes.
Keywords:
Pflugerville, Trail Capital, health and wellness, outdoor recreation, community connectivity, patriotism, town designation, community engagement, Trophy Club, Texas Town of Patriotism, Mineola, Sweets Capital, Texas, local economy, cultural identity, community events, Port Aransas, Mustang Island, Fishing Capital of Texas, Texas fishing
AL
Alabama 2025 Regular Session
Alabama Senate State Governmental Affairs Committee Apr 9th, 2025
State Governmental Affairs
Transcript Highlights:
- And then that leads back to the point of how much and when.
- ... ...is that the parking deck and the destruction of this building would be paid for in cash and not
- And no, I'm not making the motion.
- And... for 30 years now. Yeah. And I appreciate your bringing the bill, Senator.
- sensitive items and matters.
Keywords:
cybersecurity, Office of Information Technology, data management, telecommunications, state government, emergency management, public awareness, promotional materials, education, state funding, Alabama State House, Montgomery, Legislative Council, demolition, state capitol, state capitol building, historic preservation, state property, inventory removal, fixtures
NM
Transcript Highlights:
- And this may be from last year's capital that hasn't been expended or specials and supplementals that
- Chair, you do have the capital outlay bill. It is in this committee and hasn't passed.
- And to give everyone context, of course, the capital outlay appropriation is done for four years and
- So that's money towards DFA to not only reform the capital outlay portion and make it more transparent
- And all that was, was the tribes that spent the money. ...we had in Capital Outlay, and all that was
Keywords:
telecommunications, low-income assistance, lifeline, broadband, rural broadband, universal service fund, public regulation commission, PRC, 911 surcharge, telecommunications relay service, VoIP, mobile service, internet affordability, digital equity, digital inclusion, rural internet, broadband infrastructure, eligible telecommunications carrier, ETC, tribal consent
NM
Transcript Highlights:
- So plugging all these costs in and accounting for the $74 million in capital that we needed to put in
- The House should have put all the capital in and then begun. I can't believe LFC let them do that.
- all well and good and fantastic and everything.
- And we do have the capital bill here. We'll probably hear that this afternoon. Mr.
- And we do have the capital bill here. We'll probably hear that this afternoon. Mr.
Keywords:
telecommunications, low-income assistance, lifeline, broadband, rural broadband, universal service fund, public regulation commission, PRC, 911 surcharge, telecommunications relay service, VoIP, mobile service, internet affordability, digital equity, digital inclusion, rural internet, broadband infrastructure, eligible telecommunications carrier, ETC, tribal consent
LA
Transcript Highlights:
- We've added and added and added.
- And you did use half of the surplus cash, and you've left half the surplus cash for us to use as well
- And we did go out and we offered And we did go out and we offered, as part of our amendment package,
- Now, it’s not the case because a lot of these projects also had prior surplus dollars and stuff,...
- Now, it’s not the case because a lot of these projects also had prior surplus dollars and such, and we
Keywords:
capital outlay, budget, infrastructure, appropriation, general obligation bonds, bond authorization, capital improvement, financial management, state treasury, boiler safety, inspection, licensing, state fire marshal, operating certificate, regulations, local sales tax, local use tax, sales and use tax, tax audit, local collector
MN
Transcript Highlights:
- superintendent of maeri schools and and superintendent of maeri schools and and maybe<00:02:27.800>
- We do English and algebra and chemistry and biology and history and all the other classes for all the
- These funds support long-term planning, such as capital projects, facility and equipment improvements
- These funds support long-term planning, such as capital projects, facility and equipment improvements
- These funds support long-term planning, such as capital projects, facility and equipment improvements
Keywords:
education, literacy, science of reading, school performance, funding flexibility, innovation zones, equity and inclusion, HF52, New Germany, wastewater treatment, wastewater facility, sewer infrastructure, capital investment, bonding bill, state bonds, Public Facilities Authority, municipal infrastructure, water quality, sanitation, sewage treatment
ND
North Dakota 2025-2026 Regular Session
Senate Appropriations - Government Operations Division Apr 10th, 2025 at 11:00 am
Appropriations - Government Operations Division
Transcript Highlights:
- So, and um...
- And the ninth...
- Okay, another proposed change is to declare capital assets, deferred maintenance, and moving and space
- Another proposed change is to declare capital assets, deferred maintenance, and moving and space reconfiguration
- And so, Mr.
Bills:
HB1015
Keywords:
Office of Management and Budget, OMB appropriation, state budget, biennial appropriation, North Dakota Century Code, state facility maintenance fund, capital improvements, Capitol building fund, governor's residence, state hospital, mental health hospital, Bank of North Dakota, line of credit, strategic investment and improvements fund, SIIF, new and vacant FTE pool, state employee pay raise, performance-based compensation, guardianship grants, community corrections
Summary:
The Government Operations Division met to review proposed amendments to the Office of Management and Budget (OMB) budget, with the chair noting the bill would not be voted out that day and would likely be held until the following week for any technical corrections. Members discussed a series of amendments, generally without objection: a $1.5 million appropriation for a pro-life education committee; a $40,000–$45,000 deficiency appropriation for Uniform Laws travel costs; creation of a state deferred maintenance fund with $40 million for deferred maintenance projects; adding the state hospital project to the OMB budget with $200 million from the Strategic Investment and Improvements Fund (SIF) and $85 million from a line of credit, plus construction management oversight; $110,114 for custodial equity increases; $1 million for a retirement incentive pool; $3 million to cover a shortfall in the new and vacant FTE funding pool; and $4 million for space reconfiguration and rent/moving costs. Prairie Public Broadcasting was also discussed, with a suggestion to change the purpose from local programming to infrastructure and set the amount at $850,000, likely as one-time SIF funding. The committee also heard a heads-up about a possible $180,000 federal reimbursement issue tied to an education grant, but no action was taken on that item.
The committee further discussed a broader amendment to reduce the transfer from the social services fund to the human services fund from $250 million to $232 million, based on DHS needs and available carryover funding. Members also agreed to add emergency clauses to the capital assets, deferred maintenance, and moving/space reconfiguration items. The chair indicated Brady could begin incorporating the discussed changes into a consolidated amendment, while noting there could still be additional items next week. Staff also reported the SIF balance was about $280 million positive, though some removed agency items, including airport grants, would need to be considered.
The committee then reconsidered its earlier action on House Bill 1581 and restored it to its original form at $100,000 after hearing that the funding would support tribal tourism-related events tied to upcoming 2026 celebrations and the Theodore Roosevelt Library opening. A motion for do pass on the bill as originally introduced passed unanimously by roll call. Finally, the committee postponed action on another bill until later that day, directing that revised materials be distributed and that the item be taken up in the afternoon session.
KY
Kentucky 2026 Regular Session
Budget Review Subcommittee on Justice and Judiciary (6-3-26)
Transcript Highlights:
- And uh we're going to begin with agenda item number two, Northern Kentucky University Capital Project
- And uh we're going to begin with agenda item number two, Northern Kentucky University Capital Project
- medical examiner and is it possible and medical examiner and is it possible and um<00:25:35.919>
- and and and<00:36:01.839>
bidding <00:36:02.240>processes. - c> and<00:48:39.119>
regulations and advisement on laws and regulations and advisement on
Keywords:
0:00:01 Call to Order and Roll Call
0:01:19 NKU Capital Project Update
0:38:57 DJJ High Acuity Services Update
1:03:53 Adjournment, 958, all
Summary:
The interim Budget Review Subcommittee for Justice and Judiciary received an update on Northern Kentucky University’s capital project to house the Northern Kentucky Medical Examiner’s Office and the Northern Kentucky Crime Lab in the former Highland Heights Civic Center building on NKU’s campus. NKU and Justice Cabinet staff described the project timeline: the building was identified in late 2022, lease terms were agreed to in early 2023, a pre-construction evaluation agreement was executed in May 2023, the General Assembly authorized $21 million in April 2024, and the lease and construction agreement were finalized in spring 2026. The project is now being prepared for bid, with construction expected to start in August and occupancy targeted for January 2028. About $1 million has been spent so far on design and related investigations.
Testimony emphasized that the vacant building was structurally sound but required major upgrades, including HVAC, plumbing, electrical, roof, windows, a generator, specialized mechanical systems, security, and geothermal work to meet the needs of two separate operations sharing one facility. NKU said it is contributing $3.7 million to the project. Committee members asked about the condition of the building, the urgency of the project, and why the process took so long. Justice Cabinet and real properties officials said the medical examiner’s office had been shut down since roughly late 2017 or 2018, that the state had first sought funding in the 2022 budget for staffing, a lease, and equipment, and that it took time to find a suitable leased location because the facility has highly specialized requirements.
Members also asked about operating costs, annual lease costs, and the impact of the office’s absence on families and counties in Northern Kentucky. Officials said the lease cost is based on NKU’s expected maintenance-related expenses, while utilities and staffing are covered through the Office of the State Medical Examiner or Kentucky State Police, with seven medical examiner positions funded in House Bill 500 and two additional KSP positions requested for the crime lab. They explained that, until the new facility opens, bodies from Northern Kentucky are generally transported to Louisville for autopsy, with transportation costs borne by the coroner’s office. No votes were taken, but the committee requested follow-up information, including lease cost numbers and additional details on facility usage and timing.