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Legislative fiscal analysts report $5.99 billion revenue estimate, $463 million projected carryover

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Legislative analysts reviewed the General Fund "green sheet," reporting a $5.99 billion revenue projection for FY2025, a $463 million balance carried from prior actions, and a maintenance budget roughly $250 million below the governor's request; several tax cut bills remain under review.

Keith Bybee, the Division Manager of Budget and Policy Analysis, told the Joint Finance-Appropriations Committee that the committee adopted a fiscal year 2025 revenue projection of $5,990,000,000 and that the Legislature is currently carrying a balance of $463,000,000 from prior appropriations and executive carryforward.

Why it matters: those topline numbers frame the committee's remaining work on tax bills and budget enhancements. Analysts told members the maintenance budget adopted so far totals about $5,404,000,000, roughly $133,862,600 (about 2.5 percent) more than the…

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