Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Revenue advisory panel recommends lower general‑fund forecasts than governor; JFAC accepts report

2127683 · January 10, 2025
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

The Joint Finance Appropriations Committee accepted the Economic Outlook and Revenue Assessment Committee's revised revenue recommendations, which come in below Governor Little's general fund projections for fiscal years 2025'and 2026. The committee urged caution on appropriations above its recommended levels.

The Joint Finance Appropriations Committee accepted the Economic Outlook and Revenue Assessment Committee's (EROC) revenue report, which recommended lower general‑fund revenue figures than those proposed by Governor Brad Little for fiscal 2025 and 2026.

EROC Cochair Senator Kevin Cook told the committee the panel had completed “our overall assessment of Governor Little's general fund revenue projections” and reviewed testimony from economists, business leaders and industry spokesmen before arriving at its recommendations. The committee recommended total general fund revenues available for…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans