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JFAC accepts EROC revenue recommendations; committee urges caution on appropriations
Summary
The Joint Finance-Appropriations Committee accepted the Economic Outlook and Revenue Assessment Committee's revenue recommendations for fiscal years 2025 and 2026 and was urged to be cautious about appropriating above the committee's estimates.
The Joint Finance-Appropriations Committee on session day accepted the Economic Outlook and Revenue Assessment Committee's (EROC) revenue recommendation for fiscal years 2025 and 2026 by unanimous consent.
EROC co-chair Senator Kevin Cook told the committee the panel had completed "our overall assessment of Governor Little's general fund revenue projections" and, after reviewing business, tax and financial data and expert testimony, recommended total general fund…
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