Eye On Boise

JFAC begins statewide budgeting decisions…

The Joint Finance-Appropriations Committee is making the statewide budgeting decisions this morning on which it will base budget-setting for all state agency budgets, which starts next week. So far, JFAC has voted unanimously to adopt the governor’s revenue forecast, which also was adopted by the Economic Outlook and Revenue Assessment Committee, for 2.1 percent revenue increase in the current budget year, fiscal year 2014, or $2.80822 billion. Then, the joint committee voted, again 20-0, to adopt and display the monthly shortfall toward that projection, which currently stands at $23.9 million. That figure will be adjusted on a month-to-month basis throughout the legislative session.

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Betsy Z. Russell
Betsy Russell covers Idaho news from the state capitol in Boise and writes the Eye on Boise blog.

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