Debating the revenue number
JFAC is getting ready to adopt revenue figures on which to base budget-setting for both the remainder of this year and next year. First up: They're looking at two motions, one for the governor's revised forecast for fiscal year 2010 showing a drop in revenues of 4.7 percent, and one reflecting the Joint Economic Outlook & Revenue Assessment Committe's recommendation, which reflects a drop of 7.5 percent. "Any other motion could be made for any other number that the committee believes is appropriate," legislative budget director Cathy Holland-Smith told the committee.
The first motion: Rep. Cliff Bayer, R-Boise, moved the economic outlook committee's figure. Sen. Shawn Keough seconded the motion. The second motion, a substitute motion from Sen. Diane Bilyeu, is for the governor's revised forecast. Sen. Nicole LeFavour seconded the motion.