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Joint Finance Committee adopts $5.99 billion FY2025 revenue projection
Summary
The Joint Finance and Appropriations Committee voted unanimously to adopt the Economic Outlook and Revenue Assessment Committee's $5.99 billion general fund revenue projection for fiscal year 2025 to set agency budgets.
The Joint Finance and Appropriations Committee voted unanimously Friday to adopt the Economic Outlook and Revenue Assessment Committee(EORAC) recommendation of $5,990,000,000 in general fund revenue for fiscal year 2025 to set state agency budgets.
The committeeapproved the motion made by Senator Woodward to use the EORAC figure rather than the governorrecommended number for setting agency budgets. The motion was seconded and then carried on a roll-call vote that produced a…
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