Fiscal Year 2027 Consensus Revenue Hearing -- 12-16-2025

Joint Committee on Ways and Means (Senate and House members present) · December 16, 2025

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Opening remarks and introductions

Presentation

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Senator Michael Rogers, chair of the Senate Ways and Means Committee, opened the hearing, introduced committee vice chairs and members, and framed the session as the start of the FY 2027 budget process; he thanked House chair Michaelitz and the Healy-Driscoll administration for partnership.

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Consensus revenue hearing for FY2027 where state officials and independent analysts gave competing revenue forecasts, estimated the impact of OB3 and proposed ballot questions, and discussed reserves including the Stabilization Fund and iLottery plans.

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Transcript

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