Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
JFAC hears status of stabilization and education reserve funds; budget‑stabilization account nears statutory cap
Summary
Legislative staff described the balances in the budget stabilization and public education stabilization funds and how transfers and statutory caps affect how much cash the state can hold.
Lawmakers received a walkthrough of Idaho’s rainy‑day and education reserve accounts and how recent transfers and revenue changes affect the state’s capacity to respond to a downturn.
Keith Bybee told the Joint Finance‑Appropriations Committee that the governor’s FY2026 recommendation would add about $59 million to the Budget Stabilization Fund, bringing it close to $939 million — near the statutory 15 percent cap on that fund if revenues meet current projections. Bybee noted the legislature…
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
