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Revenue outlook panel recommends $5.99 billion for FY2025, $6.4 billion for FY2026; JFAC accepts report
Summary
The Joint Finance-Appropriations Committee accepted the Economic Outlook and Revenue Assessment Committee's revenue recommendation of $5.99 billion for fiscal 2025 and $6.4 billion for fiscal 2026, and members were urged to be cautious about appropriations above those figures.
The Joint Finance-Appropriations Committee on Thursday accepted the Economic Outlook and Revenue Assessment Committee's (EROC) revenue recommendation setting total general fund availability at $5.99 billion for fiscal 2025 and $6.4 billion for fiscal 2026.
EROC co-chair Senator Kevin Cook and co-chair Representative Jeff Ehlers presented the committee's review of Governor Little's general fund projections and expert testimony from economists and business leaders. The committee…
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