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JFAC adopts FY2025 revenue projection; several statewide budget items pass while health insurance and pay decisions are deferred
Summary
The Joint Finance-Appropriations Committee voted Friday to set Idaho’s fiscal 2025 general fund revenue number and approved several statewide maintenance items, but failed to reach the required majority from both chambers on the fiscal 2026 revenue forecast and on competing health insurance and broad pay proposals.
The Joint Finance-Appropriations Committee (JFAC) voted Friday to set a revenue number for fiscal year 2025 but did not reach agreement on the FY2026 revenue forecast or on proposals to change state employee health insurance base funding and broad compensation adjustments.
On a voice roll call, Senator Woodward moved that JFAC adopt the Economic Outlook and Revenue Assessment Committee’s (EORC) recommended general fund revenue projection for fiscal year 2025. The motion passed with a recorded total of 20 yeas, 0 nays; the chair read identical majorities from the Senate and the House and declared the motion carried.
The committee could not agree on a fiscal 2026 revenue projection. Representative Petsky initially moved to adopt the EORC recommendation for FY2026; Representative Petsky and others later corrected wording in the motion during debate. Senator Woodward offered a…
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