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Staff brief: sales‑tax distributions, Tax Relief Fund and earmarks reduce general‑fund share
Summary
Budget staff outlined how statutory sales‑tax distributions — including a Tax Relief Fund and a Techum allocation (percentage plus an $80 million bonding guarantee) — reduce the share of gross sales tax that flows to the general fund, and flagged potential longer‑term implications in a downturn.
Legislative budget staff reviewed sales‑tax collections and the statutory distribution formula and warned that earmarks and programmatic transfers have reduced the portion of sales tax available to Idaho’s general fund.
Keith Bybee told JFAC that gross sales tax collections continue to grow — staff cited about $3.1 billion collected in 2024 with projections of roughly $3.37 billion in 2025 and $3.5 billion in 2026 — but that statutory distributions (revenue sharing, Techum allocations, school modernization, the Tax Relief Fund and other earmarks) reduce what remains for the general fund. "If the next revenue recession happens, those are usually the…
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