Huckleberries Online

WEDNESDAY, JULY 16, 2014, 4:44 P.M.

2013-14 Idaho Surplus: $44.7M

Year-end state tax revenue figures announced yesterday showed that Idaho ended up with $7.2 million more than expected at the end of the fiscal year June 30, but the state actually has a significantly larger budget surplus than that. Here’s why: This year’s state budget didn’t call for spending all the tax revenue the state expected to collect. Instead, $36 million was transferred to various budget stabilization funds, and another $44.4 million was left unspent, creating a year-end balance or surplus/Betsy Russell, Eye on Boise. More here.

Question: Is it a good thing or a bad thing that Idaho collected $45M more than it spent?




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D.F. Oliveria
Dave Oliveria writes the Huckleberries Online Blog for North Idaho readers and the Huckleberries print column.

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