Laurel Williams, technical advisor for special tax programs, updated the board on two programs: tax-and-insurers and the alcoholic beverage tax.
She said the tax-and-insurers program had 2,829 accounts (an increase of roughly 15–18 accounts). According to the Department of Finance's September 2025 bulletin, FY25–26 revenues for that program were approximately $937,000,000, about 12.4% ($103,000,000) above forecast.
For the alcoholic beverage tax program, Williams reported 10,751 accounts, with revenue for FY25–26 at just over $79,000,000—approximately $3,000,000 (3.9%) above forecast. She noted opt-in/opt-out rates for wine-grower and beer-manufacturer returns—approximately 65% and 57%, respectively—and emphasized that revenue timing is cyclical; past years showed early overperformance that landed near projections at year-end.
Williams concluded that both programs remain highly compliant and invited questions; no appeals or board actions were presented.