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Budget relies on new revenue streams (skill games, adult‑use cannabis); committee highlights IFO disagreement
Summary
The governor's budget counts sizable revenue from proposed skill‑game licensing and adult‑use cannabis. Members noted wide differences with the Independent Fiscal Office estimates; Secretary Munson defended administration assumptions and said teams studied other states and existing medical marijuana infrastructure.
The administration's revenue package includes projected receipts from licensing and regulating skill games and adult‑use cannabis. Committee members repeatedly flagged large differences between the budget's revenue estimates and those the Independent Fiscal Office (IFO) published.
Why it matters: The administration's revenue assumptions for these new streams materially affect the budget picture.…
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