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JFAC analyst outlines General Fund "green sheet," flags tax bills and 2.5% maintenance increase
Summary
Keith Phibbe, Division Manager of Budget Policy Analysis, told the Joint Finance-Appropriations Committee that the committee’s General Fund update — the “green sheet” — reflects a fiscal-year 2025 revenue projection of $5,990,000,000 and carries a balance of $463,000,000 the Legislature is holding over as of the latest review.
Keith Phibbe, Division Manager of Budget Policy Analysis, told the Joint Finance-Appropriations Committee that the committee’s General Fund update — the “green sheet” — reflects a fiscal-year 2025 revenue projection of $5,990,000,000 and carries a balance of $463,000,000 the Legislature is holding over as of the latest review.
The committee’s maintenance budget, Phibbe said, currently totals about $5,404,000,000 in JFAC actions, a 2.5% increase from FY2025’s original appropriation. “Every member should have a copy of this nice green piece of…
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