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JFAC adopts $6.4 billion general fund revenue forecast for FY2026

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Summary

The Joint Finance-Appropriations Committee adopted the Economic Outlook and Revenue Assessment Committee’s recommended FY2026 general fund revenue number of $6.4 billion after debate; the motion passed with 16 ayes, 2 nays and 2 absent/excused.

The Joint Finance-Appropriations Committee on Wednesday voted to adopt a $6.4 billion general fund revenue forecast for fiscal year 2026, accepting the recommendation of the Economic Outlook and Revenue Assessment Committee.

Mr. Bybee, a budget staff member who briefed the committee, said the Economic Outlook committee recommended a $6,400,000,000 revenue number for FY2026 and compared that figure to other projections on the table. “The Economic Outlook…

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