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JFAC adopts $6.4 billion general fund revenue estimate for FY2026

2999175 · March 5, 2025
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Summary

The Joint Finance-Appropriations Committee voted to adopt the Economic Outlook and Revenue Assessment Committee's $6.4 billion general fund revenue recommendation for fiscal 2026; the vote passed with a bipartisan majority amid a few dissenting committee members.

The Joint Finance-Appropriations Committee voted Wednesday to adopt a $6.4 billion general fund revenue estimate for fiscal year 2026, the recommendation of the legislature’s Economic Outlook and Revenue Assessment Committee.

Committee staff presented the recommendation and compared it to the governor’s median projection and the committee’s median;…

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