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JFAC adopts $6.4 billion general fund revenue number for FY2026 over objections from some members
Summary
The Joint Finance-Appropriations Committee adopted the Economic Outlook and Revenue Assessment Committee's recommendation of $6.4 billion for FY2026 general fund revenue; vote totals were 16 ayes, 2 nays and 2 absent/excused as recorded in the meeting.
The Joint Finance-Appropriations Committee voted to adopt a general fund revenue estimate of $6,400,000,000 for fiscal year 2026, following a presentation from budget staff and a motion to accept the Economic Outlook and Revenue Assessment Committee's recommendation.
Budget staff presenting the report summarized the range of forecast inputs: the Economic Outlook…
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