With lawmakers anxiously awaiting news on how state revenues fared in January, the preliminary version of the numbers - not yet final - is circulating like mad, showing a $35 million drop below projections. Final numbers should be coming soon. JFAC has been awaiting the January figures before deciding on a budget target, after the Economic Outlook & Revenue Assessment Committee set a pessimistic figure $100 million below Gov. Butch Otter's none-too-optimistic estimate. Here's a link to Dan Popkey's report in the Idaho Statesman today on the consternation over the preliminary numbers.
Short takes and breaking news from the Idaho Legislature and the state capital.