ADVERTISEMENT
Advertise Here
Archive

Eye On Boise

Not really that far apart

Though legislators were quick to decry Gov. Dirk Kempthorne’s revenue projections for next year as overly optimistic, they really didn’t depart much from them when they set their own estimate, which provides a basis for budget-setting. Plus, the Joint Economic Outlook and Revenue Assessment Committee didn’t actually reject the governor’s numbers - they declared them “reasonable,” but advised “caution” in exceeding their own numbers.

The lawmakers’ projection is that the state will take in $2,075.7 million in tax revenue next year, about $28 million less than the governor’s estimate. But Kempthorne only proposed spending $2.083 million - he wants to set some money aside as a cushion for the following year, when the state’s sales tax is scheduled to drop back down to 5 percent. That means the legislators’ figure is only $8 million below the governor’s proposed spending level — just 0.4 percent of the state budget.


Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Eye On Boise

Get blog updates by email

About this blog

Betsy Z. Russell covers Idaho news from The Spokesman-Review's bureau in Boise.

Named best state-based political blog in Idaho for 2013 by The Fix

Latest comments »

Read all the posts from recent conversations on Eye On Boise.

Search this blog
Subscribe to this blog
ADVERTISEMENT
Advertise Here