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Committee hears BBMR: May revenue tracking shows roughly $55M above FY25 adopted levels, $31.3M net after adjustments

Committee on Finance and Government Operations · July 3, 2025
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Summary

BBMR and DOA told the committee the May consolidated revenue report shows the general fund about $55 million above adopted FY25 levels and roughly $31.3 million ahead after recent appropriations and special‑fund shortfalls.

At the July 3 special economic session, Lester Carlson of the Bureau of Budget and Management (BBMR), appearing also on behalf of the Department of Administration (DOA), said the May consolidated revenue and expenditure report (CRER) shows the general fund is about $55,000,000 over the FY25 adopted level. "Our revenue tracking for the general fund is just north of $55,000,000 over the adopted level for FY 25," Carlson told the committee.

Carlson said that after netting appropriations the Legislature had passed (including funds for behavioral health, the Jamal Land Trust and…

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