Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Joint finance committee accepts EROCs cautious revenue recommendation
Summary
The Economic Outlook and Revenue Assessment Committee presented a lower median revenue projection than the governors in JFAC; members accepted the committees recommendation by unanimous consent.
The Joint Finance-Appropriations Committee accepted a revenue recommendation from the Economic Outlook and Revenue Assessment Committee (EROC) that places general fund totals below Governor Brad Littles original projections for fiscal years 202527 and 2026.
EROC co-chair Senator Kevin Cook told JFAC the committee, after reviewing economic data and expert testimony, recommends that "total general fund revenues available for appropriation [be] $5,990,000,000 for fiscal year 2025, and $6,400,000,000 for fiscal year 2026." The committee cautioned the Legislature to be "cautious in…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
