S.B. 5 General Government Base Budget: transcript

before you talk about the general government based budget. If the short version of this not very lengthy description is we have a lot of agencies and we cover almost half of the fees that are actually in state government. The bill appropriates the base budgets for 10 agencies that are directly overseen by this appropriation committee. Career Services Review office, department of Commerce, department of Government Operations, department of Financial Institutions, the Governor's Office Insurance Department, labor Commission, public Service Commission, office of the State Auditor and Tax Commission. In total, a Bill Appropriates 149.8 million from the general fund and income tax fund for operating and capital Budgets and another 10 million from general fund to to other funds and accounts restricted accounts make up the largest funding source in this bill at 153.9 million due to several agencies being almost entirely funded by their respective restricted accounts for all funding sources. This Bill Appropriates 451 million in fiscal year 2027. That I'm open for questions. Thank

Thank you Mr. President Suspension rules. I would move that Senate Bill five pass. Thank

Representative Thurston. Thank you Mr. Speaker.

So this Bill appropriates the base budgets for 10 agencies that are overseen by our committee and those agencies are the Career Service Review Office, the Departments of Commerce, government operations and financial institutions, the Governor's office, including the Lieutenant Governor's Office and the Elections Office, the insurance department, the Labor Commission, the Public Service Commission, the Office of the State auditor, and the Tax Commission.

In total, this Bill Appropriates $149 million from general fund and income tax fund for operating capital budgets and another 10 million from the general fund to other funds and accounts.

Restricted accounts make up the largest funding source for this entire budget at 153.9 million because several of these agencies are almost entirely funded by the respective restricted accounts from all funding sources. This Bill Appropriates over $450 million.

And just a quick note, our interim deep dive was on fees because some of these agencies are entirely funded by fees. Um, our, our committee oversees 49% of the fees, but every com budget committee has fees. And we would highly encourage you to take a careful look to make sure that the fees in your committees reflect costs and any requested increases are actually justified and not just another way of raising revenue from taxpayers.

With that, I would encourage your support of Senate Bill five.