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Economic Outlook committee recommends $5.99B for FY2025, $6.40B for FY2026; JFAC accepts report
Summary
The Economic Outlook and Revenue Assessment Committee (EROC) presented revised general fund-revenue recommendations for fiscal years 2025 and 2026 and the Joint Finance-Appropriations Committee accepted the report by unanimous consent.
The Economic Outlook and Revenue Assessment Committee recommended total general fund revenues available for appropriation of $5,990,000,000 for fiscal year 2025 and $6,400,000,000 for fiscal year 2026, EROC co-chairs reported to the Joint Finance-Appropriations Committee.
The committee’s presentation compared the governor’s projections to the committee’s median projections. EROC reported Governor Little’s general fund projection for…
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