Note: This year IFF rated maintenance bills according to a more refined system. This is an enhancement bill, and will be rated as a standalone bill. IFF will only consider enhancement line items in these ratings. This means that FTP reductions passed in maintenance legislation will not be evaluated here, among other things.

Bill Description: Senate Bill 1380 is an enhancement of $3,700 and 0.00 new full-time positions for the Endowment Fund Investment Board for fiscal year 2027. This legislation appropriates a total of $1,023,400 and 4 full-time positions to the agency.

Rating: 0 

Does this budget incur any wasteful spending among discretionary funds, including new line items? Conversely, does this budget contain any provisions that serve to reduce spending where possible (i.e. base reductions, debt reconciliation, etc.)?

This legislation authorizes onetime spending for the Endowment Fund Investment Board of $3,700. There were no onetime enhancements in FY26. Onetime spending is often even more volatile than ongoing spending, which is to be expected due to these onetime expenses generally being utilized for projects or capital outlay. This also calls for special scrutiny and discernment. 

The requested enhancement for a high performance laptop ($3,700 DF) is De Minimis in the context of this budget.  

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