Catching up on some of the news from while I was gone over the past week:
DENNEY EYES HIGHER OFFICE: Former Idaho House Speaker Lawerence Denney, R-Midvale, filed initial paperwork to run for Idaho Secretary of State, an office long held by incumbent Ben Ysursa, a Republican; you can read an AP report here on Denney’s move. Ysursa hasn’t said yet whether he’ll be seeking re-election; in an email to Idaho Statesman columnist Dan Popkey, he said, “I intend to make my future plans known within the next few weeks. Until then I really have no comment.”
STATE SURPLUS BIGGER THAN REPORTED? Former state chief economist Mike Ferguson has analyzed state revenues and concluded that in an apples-to-apples comparison, Idaho’s surplus is actually bigger than has been reported. At the close of fiscal year 2013 on June 30, the state’s general fund had an ending balance of $165.3 million, $105.3 million higher than expected at the end of the 2013 legislative session. After transfers to reserve accounts and taking into account law changes, Ferguson concludes, “The current DFM General Fund revenue forecast for FY 2014, at 2.1% growth over FY 2013 revenue, appears to be unduly pessimistic. At 3.1% revenue growth the ongoing General Fund surplus estimate would be $74.1 million, and at 4.1% revenue growth the ongoing surplus estimate would be $111.6 million.” You can read his full analysis here.
ONE INSURER WITHDRAWS: The only for-profit insurer scheduled to offer plans on Idaho’s exchange withdrew on Sept. 26; with Altius' exit, Idaho's remaining insurers will offer 61 plans for individuals, 55 small group health plans for small business, 13 individual dental plans and 17 small group dental plans. You can read about that move here.
COUNTY PAYMENTS EXTENDED: A one-year extension of the county payments under the Secure Rural Schools Act, the remainder of the Craig-Wyden law that has been offsetting millions lost to rural counties and school districts since federal timber harvests fell, cleared Congress and headed to the president’s desk – tucked into a bill about helium. “Passage of the Helium Stewardship Act is a victory for the entire state of Idaho,” said Idaho Sen. Mike Crapo; rural schools and counties would get $270 million under the bill. “This fix does not change the need for a long-term solution that provides a consistent mechanism for the federal government to meet its obligation to rural communities accommodating federal lands, and I will continue to work with Senator Risch and all my colleagues to achieve this objective,” Crapo said; you can read his full statement here.