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Joint finance committee accepts EROC revenue report recommending cautious lower revenue estimates
Summary
The Joint Finance-Appropriations Committee accepted the Economic Outlook and Revenue Assessment Committee's report by unanimous consent, which recommends lower general fund revenue estimates than the governor for fiscal 2025 and 2026 and urges caution on appropriations above that recommendation.
The Joint Finance-Appropriations Committee on the floor accepted the Economic Outlook and Revenue Assessment Committee's (EROC) revenue assessment by unanimous consent, adopting the committee's more conservative general fund revenue recommendations for the coming two fiscal years.
Senator Kevin Cook, co-chair of EROC, told JFAC the committee had "completed our overall assessment of Governor Little's general fund revenue projections for the fiscal years ended June 2026, and 2027," and described the…
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