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Legislative Fiscal Division demonstrates budget, property and resource revenue data tools to tax committee
Summary
Legislative Fiscal Division staff walked the Senate Tax Committee through interactive budget and revenue dashboards — including a property taxes 'taxes paid' tool, HJ2 revenue estimate dashboard, oil-and-gas and accommodations-tax tools — saying the tools are intended to help lawmakers test policy scenarios and compare versions during session.
Good morning. Legislative Fiscal Division analysts showed the Senate Tax Committee interactive online tools on Wednesday that they said lawmakers can use to model budgets, property-tax liabilities, and resource-based revenues as they consider bills this session.
The tools, presented by Nick Van Brown of the Legislative Fiscal Division and Joe Bond of LFD, include a budget dashboard that tracks the governor’s request and later session versions, a property-tax “taxes paid” tool that sums tax liabilities by parcel and taxing unit, an HJ 2 revenue-estimate dashboard, an oil-and-gas collections and distribution tool, and an accommodations-tax dashboard. “We have been going around to several of the committees … to present data tools that are applicable to you all,” Van Brown told the committee.
The budget tool shows the governor’s preliminary request and can be adjusted to compare…
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