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Joint finance committee accepts EROC revenue assessment, recommends cautious appropriations
Summary
The Economic Outlook and Revenue Assessment Committee presented median revenue projections that are lower than the governor's recommendations and the joint finance committee accepted the committee's report by unanimous consent, urging caution on appropriations above the committee's figures.
The Joint Finance Appropriations Committee on [date not specified] accepted the Economic Outlook and Revenue Assessment Committee (EROC) report recommending more conservative general fund revenue figures than Governor Little's proposals.
Senator Kevin Cook, co-chair of EROC, told the committee the panel had completed its assessment and reviewed testimony from economists and industry representatives before arriving at its median projections. "We recommend cautious in making appropriations above the…
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