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Members split difference on FY27 estimates, adding $60M to personal income and $46M to sales/use
Summary
After discussion about differing sales/use forecasts, conference members agreed to adjust FY27 category allocations by adding $60 million to personal income tax estimates and $46 million to sales/use estimates, adopting the compromise by voice vote.
Conference members debated a notable spread between executive and LSA projections for fiscal year 2027 and agreed to a compromise allocation that shifts revenue across tax categories.
A conference member asked for clarification about the sales/use category and why it differed from other estimates. Director Acton and the chair discussed differing outlooks: the executive…
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