Fri., Jan. 16, 2004
Not really that far apart
The lawmakers' projection is that the state will take in $2,075.7 million in tax revenue next year, about $28 million less than the governor's estimate. But Kempthorne only proposed spending $2.083 million - he wants to set some money aside as a cushion for the following year, when the state's sales tax is scheduled to drop back down to 5 percent. That means the legislators' figure is only $8 million below the governor's proposed spending level -- just 0.4 percent of the state budget.