Budget Amendment ID: FY2027-S4-252

GOV 252

Preventing UGGA Attrition

Mr. Tarr moved that the proposed new text be amended by inserting after section ___ the following section:- 

"SECTION _____. The secretary of administration on finance shall annually develop a report detailing the relative value of Unrestricted General Government aid, so-called, provided further that such report shall detail factors including but not limited to, the reduction in value caused by the rate of inflation in the preceding year, the percentage of  total state spending represented by the appropriation for Unrestricted General Government Aid in the current fiscal year as compared to the percentage in the prior fiscal year, and any other factors relevant to such relative value, provided further , that the secretary shall determine the amount of appropriation necessary in the next fiscal year to maintain the relative strength of Unrestricted General Government Aid at its current strength in the next fiscal year , taking into account the impacts of inflation and its percentage of total state spending, which amount shall be included in said report, which shall be filed with the clerks of the House and Senate and the House and Senate Committees on Ways and Means not later than March 1."