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Joint Finance Committee adopts revised FY2025 revenue projection of $5.99 billion
Summary
The Joint Finance-Appropriations Committee voted unanimously to set Idaho’s FY2025 general fund revenue projection at $5,990,000,000, adopting the Economic Outlook and Revenue Assessment Committee recommendation and superseding the governor’s lower figure for use in agency budgets.
The Joint Finance-Appropriations Committee on Friday adopted a revised general fund revenue projection of $5,990,000,000 for fiscal year 2025, using the Economic Outlook and Revenue Assessment Committee’s recommendation to set state agency budgets.
Senator Woodward moved adoption of the EORAC figure, saying the adjustment was needed “based on updated revenue numbers.” The motion was seconded on the floor and put to roll-call votes for both the Senate and the House membership of…
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