The House Appropriations Committee received a comprehensive staff briefing on HB 29 (the caboose bill covering the current fiscal year) and HB 30 (the new biennium budget), covering $71.3 billion in general fund revenue and highlighting significant unresolved tensions over SNAP funding, WMATA support, and federal tax conformity. No votes were taken.
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Delegate Price raised that the governor had not included funding for the SNAP benefits cost share resulting from HR1, warning it would keep the state 'on the hook for 200 million if we didn't get our error rate down for snap benefits.' An unnamed staff respondent confirmed the funding was not included, stated the administration was 'adamant that our error rate would be below 6%,' called that outcome 'very unlikely,' and noted DSS had requested $211 million general fund in FY28 assuming the error rate would remain above 10%, requiring a 15% match.
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“So those become additional revenues available this year, as well as about $258 million of funds that were appropriated to agencies in fiscal year 25 but not spent. In addition to that 1.75 billion, there's a bit over $822 million resulting from the revenue reforecast that occurred as part of the annual reforecasting process this fall. This is driven great changes in what we see the economy doing. But”
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Sign in to subscribeOkay. And the last person I will introduce, our executive director of the House Appropriations Committee staff, Ms. Ann Oman, will lead us all. Good afternoon. I'll open up with the revenue side of the picture for the budgets that you'll be considering. House Bill 29, the Caboose, and House Bill 30. Looking first at the caboose bill, that is the fiscal year in which we are currently in that started last July 1st. What you see in House Bill 29 is almost $3 billion above that which was included for the current fiscal year when you all passed chapter 725 last spring. Those additional revenues are driven by two separate pots. I would say there's 1.75 billion that are leftover revenues from fiscal year 25. This includes a actual general fund revenue surplus of about 572 million. Then there's almost $900 million available for you. Resulting items Governor Youngkin vetoed in the budget last spring, those were left unappropriated. So those become additional revenues available this year, as well as about $258 million of funds that were appropriated to agencies in fiscal year 25 but not spent. In addition to that 1.75 billion, there's a bit over $822 million…
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