Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
JFAC adopts FY2025 revenue baseline of $5.99 billion; FY2026 decision postponed after divided votes
Summary
The Joint Finance and Appropriations Committee adopted the Economic Outlook and Revenue Assessment Committee(EORAC) recommendation for FY2025 revenues but did not reach a bicameral majority on a FY2026 number, leaving that decision for a later date.
The Joint Finance and Appropriations Committee adopted the Economic Outlook and Revenue Assessment Committee(EORAC) recommendation for fiscal year 2025 general fund revenues of $5,990,000,000. The motion was made by Senator Woodward and seconded by Cochair Horman; the committee recorded a unanimous affirmative vote from both the Senate and the House delegations (total 20-0).
The adopted FY2025 figure will be used to set agency budgets and replaces the governor's lower recommendation for the current fiscal year. Keith Bybee, division manager of the Budget Policy Analysis Division, presented the packet and identified the EORAC recommendation as the…
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
