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Committee adopts FY2025 revenue projection of $5.99 billion; FY2026 revenue decision postponed after divided votes

2323510 · January 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Joint Finance‑Appropriations Committee on Friday voted to set the statewide revenue number for fiscal year 2025 at $5,990,000,000, adopting the Economic Outlook and Revenue Assessment Committee's recommendation.

The Joint Finance‑Appropriations Committee on Friday voted to set the statewide revenue number for fiscal year 2025 at $5,990,000,000, adopting the Economic Outlook and Revenue Assessment Committee's recommendation.

"For fiscal year 2025, I moved at the joint Finance and Appropriations Committee adopt the Economic Outlook and Revenue Assessment Committee's recommended general fund revenue projection of $5,990,000,000 for setting state agency budgets," Senator Woodward said when…

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