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Joint finance panel adopts $6.4 billion general fund revenue estimate for FY2026 over some members' objections
Summary
The Joint Finance-Appropriations Committee adopted the Economic Outlook and Revenue Assessment Committee's recommended FY2026 general fund revenue number of $6.4 billion after debate and a recorded roll call; some members said the timing of adopting a revenue number before final tax and spending decisions is wrong.
The Joint Finance-Appropriations Committee voted to adopt a general fund revenue estimate of $6,400,000,000 for fiscal year 2026, the figure recommended by the Economic Outlook and Revenue Assessment Committee.
Committee staff explained the recommendation at the meeting. The Economic Outlook Committees median suggested the $6.4 billion number, which the presenter said largely agreed with the governors baseline forecast but is higher than…
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