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JBC moves to transfer OIT revolving funds and redirects electric school‑bus money to help balance FY26‑27

April 21, 2026 | 2026 Legislature CO, Colorado


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JBC moves to transfer OIT revolving funds and redirects electric school‑bus money to help balance FY26‑27
Committee discussion shifted to orbiter bills and balancing options for the FY26‑27 general fund. Director Craig Harper and staff reported two fund sources that could help: an OIT (Office of Information Technology) revolving fund and an electric school‑bus cash account with roughly $2.1 million available.

Members debated the scale and risk of transfers. Staff reported that OIT had previously resisted large cuts but had not objected strongly to a $7.1 million transfer; some members suggested $10 million could be considered with follow‑up to OIT about absorbability and possible supplemental requests. A motion was made to transfer $10,000,000 from the OIT revolving fund to the general fund for FY26‑27 to aid balancing; the committee discussed logistics and asked staff to follow up on the precise available balance and whether departments could absorb the reduction.

On the electric school‑bus money, staff said about $2.1 million existed; $800,000 of that had been allocated to TREP earlier in the meeting. Members moved to transfer the remaining school‑bus money into the general fund for balancing and to source a $300,000 veterans‑court request from judicial cash funds if needed rather than the school‑bus account; the motion to transfer school‑bus funds passed 6–0. Committee members noted potential supplemental or long‑bill adjustments may be necessary after further review.

Staff will prepare memos and carry forward the technical language for conference committee and long‑bill amendments; members stressed the need for OIT to confirm absorbability of the proposed transfer and warned that a supplemental request could be necessary.

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