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Legislative staff brief lawmakers on state budget trends: oil revenue, Medicaid and education funding highlighted
Summary
A Legislative Council presentation reviewed general fund trends, oil and gas revenue forecasts, Medicaid costs and the distribution of general fund appropriations, noting modest overall appropriation growth and shifts in funding sources.
Brady, a legislative staff presenter, told the Budget Section that the office’s post‑session PowerPoint on budget and fiscal trends summarizes changes in state revenues and appropriations and provides historical context. “This is the presentation that we put together after every session that provides just general information regarding different trends in state budget revenues and expenditures and it kind of provides a historical context of where the state budget has been going,” Brady said.
Brady highlighted several items: total general fund revenues are shown by beginning balance, tax and fee revenues (income and sales taxes) and transfers and other sources. He said oil and…
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