Recovery projects drive revenue assumptions; senators ask why mitigation receipts lag forecasts
Officials said disaster‑recovery spending underpins part of the FY27 revenue forecast but acknowledged prior year projects did not materialize as expected. The administration uses conservative discounts (60–70%) on project spending when estimating tax yield; senators asked for confidence level and collection plans.
The full story
A central question for senators during the wrap‑up: how much of next year’s revenue forecast depends on recovery and mitigation projects, and what happens if those projects are delayed?
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