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Legislative revenue panel urges caution, recommends lower general‑fund forecasts
Summary
The Economic Outlook and Revenue Assessment Committee presented median revenue projections below Governor Little’s numbers and the Joint Finance Committee accepted the report by unanimous consent.
The Economic Outlook and Revenue Assessment Committee told the Joint Finance-Appropriations Committee (JFAC) that its median general‑fund revenue projections are below Governor Brad Little’s recommendations and asked lawmakers to be cautious when making appropriations.
Senator Kevin Cook, cochair of the EROC committee and senator for District 32, summarized the committee’s assessment and its recommended numbers for the Legislature. “We recommend to the Senate and House…
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