This bill proposes to expire $4,516,702 from the Department of Administration, Division of General Services, specifically from fund 0230 for the fiscal year 2024, organization 0211, appropriation 67700. The Governor has determined that the current account balance exceeds the necessary amount for its intended purposes. As a result, the bill seeks to decrease the available funds for expenditure in the fiscal year ending June 30, 2025, by transferring this surplus amount to the unappropriated surplus balance of the State Fund, General Revenue.
The primary objective of this supplemental appropriation bill is to ensure that excess funds from the specified account are redirected to the State Fund, General Revenue, where they can be utilized more effectively during the upcoming fiscal year. This action is intended to maintain fiscal responsibility and ensure that state resources are allocated appropriately.